Senior Compensation Analyst

4 weeks ago

Kennett Square, United States Chatham Financial Full time

Overview:

We don't simply hire employees. We invest in them. When you work at Chatham, we empower you - offering professional development opportunities to help you grow in your career, no matter if you've been here for five months or 15 years. Chatham has worked hard to create a distinct work environment that values people, teamwork, integrity, and client service. You will have immediate opportunities to partner with talented subject matter experts, work on complex projects, and contribute to the value Chatham delivers every day.

The Senior Compensation Analyst is responsible for supporting the implementation, communication, and administration of compensation programs, including base salary and incentive programs, as well as policies and procedures for all of our US and international geographies. This will support the annual compensation cycle, compensation projects and may lead projects independently, as assigned. This position is also responsible for in-depth analysis of internal and external compensation data, partnering with and providing consultative guidance to HRBPs, business managers, and executives on compensation related matters, working with cross-functional teams on various projects and initiatives, developing solutions to compensation situations, and ensuring compliance with federal, state, and local laws/regulations impacting compensation practices and philosophy. This position reports to the Director of People Operations & Total Rewards.

Your Impact:

A successful individual will play a crucial role in ensuring fair and competitive compensation practices for our North American and international locations. You will be responsible for analyzing salary data, evaluating job positions, and participating in the development of our compensation strategy. This role has a high degree of collaboration across the organization while supporting the progressional growth and satisfaction of our employees.

In this role you will:

  • Partner with our Compensation Committee in the development of our Compensation Strategy and philosophy
  • Monitor, maintain, provide recommended enhancements to our market price tool and compensation management system
  • Support the annual compensation planning process, with an emphasis on systems and analytics from baseline analysis through communication and payment execution. Inclusive of planning, execution, and maintenance of our compensation management system
  • Aid in the design and development of sophisticated compensation reporting; conduct research, quantitative analysis, data modeling, data mining, and the presentation of data to see beyond the numbers and understand trends to drive strategic decisions around people
  • Collaborate with internal stakeholders and system owners, ensuring data integrity, comprehensive analysis and interpretation
  • Maintain job classifications in collaboration with HR Management Systems team (HRMS) to facilitate compliance with regulatory requirements (FLSA, pay transparency, pay equity, workers comp, etc.), salary administration; evaluate new job titles and conduct ongoing reclassification as applicable
  • Ensure accurate reporting and compliance with applicable US and international laws and regulations; current geographies include several states within the US, Toronto, UK, Poland, Netherlands, Australia, and Singapore
  • Support HR Business Partners, Talent Acquisition and business leaders to support their decision making with market analysis to determine competitiveness of pay; make recommendations for hires, promotions and compensation adjustments as aligned with our compensation philosophy
  • Assist in the development of detailed job descriptions based on a thorough review and evaluation of jobs
  • Develop and implement communication and training of our compensation programs for recruiters, human resources professionals and managers to promote understanding and transparency
  • Aggregate data to participate and manage the company's participation in third party and government salary and/or total rewards surveys
  • Perform other duties as assigned

Contributors to your success:

  • Required:
  • Bachelor's degree in Human Resources, Business Administration, Finance, or related discipline
  • 5+ years of professional experience in the area of compensation and/or human resources.
  • A minimum of 3+ years of experience in compensation program management and analysis, including experience with job architecture
  • Position occasionally requires the ability to work extended hours and weekends during peak season (active compensation cycle)
  • Knowledge of compensation principles and procedures
  • Proficiency with Microsoft Office Suite; Advanced to expert level experience with Excel
  • Ability to analyze and compile complex data and present effective summaries and reports
  • Proficiency with HRIS and talent management systems
  • Preferred:
  • Experience with SAP Veritas Prime Compensation Module
  • Expertise in design, development, implementation, and administration of all types of compensation programs
  • Excellent written and verbal communication and interpersonal skills
  • Experience with project coordination and management
  • Strong financial, analytical, and auditing skills and experience using analytical and problem-solving skills to build effective programs
  • Ability to develop positive relationships and communicate effectively across all levels, internal and external to the organization

About Chatham Financial:

Chatham Financial is the largest independent financial risk management advisory and technology firm. A leader in debt and derivative solutions, Chatham provides clients with access to in-depth knowledge, innovative tools, and an incomparable team of over 700 employees to help mitigate risks associated with interest rate, foreign currency, and commodity exposures. Founded in 1991, Chatham serves more than 3,500 companies across a wide range of industries - handling over $1 trillion in transaction volume annually and helping businesses maximize their value in the capital markets, every day. To learn more, visit chathamfinancial.com.

Chatham Financial is an equal opportunity employer.

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