Total Rewards Analyst

6 hours ago

New York, New York, United States Amalgamated Bank Full time
Job Title: Total Rewards Analyst

Amalgamated Bank is seeking a highly skilled Total Rewards Analyst to join our team. As a key member of our compensation and benefits team, you will be responsible for providing support for the Total Rewards function, including competitive compensation analysis, modeling, research of competitive compensation practices, and other analysis as needed.

Key Responsibilities:
  • Participate in and analyze salary survey data to ensure current pay practices are market competitive and support pay equity
  • Provide support for the annual compensation planning processes, including salary structure update, merit increases, annual incentive and equity awards
  • Create and support development of compensation communication and training materials
  • Develop reports, dashboards, and metrics to identify key trends and develop recommendations for improvements to compensation programs where appropriate
  • Partner with HR business leaders and Talent Acquisition team to conduct job evaluations and market pricing on an on-going basis and consult regarding incumbent and new hire pay decisions
  • Evaluate positions using established evaluation systems, and approve job titles, levels and FLSA classifications
  • Administer Long-Term RSU and PSU awards for all employees & Directors
  • Provide support for M&A-related compensation program transition
  • Support administration of Executive Compensation programs
  • Administer Board of Director Pay
  • Ensure compliance with government regulations
  • Coordinate Annual Benefits Renewal Process and Open Enrollment. Support implementation of new Benefit plan vendors
  • Participate in 401K Committee and Quarterly Meetings. Support administration and communication of plan changes
  • Coordinate annual 401K Plan Audit and Filing of 5500 documents
  • Respond to ad hoc requests from internal Audit, external auditors, SOX, Risk Team and other internal stakeholders
  • Participate in risk review and audit process by preparing and presenting accurate documentation
  • Participate in other projects as assigned
Requirements:
  • Bachelor's degree in HR, Business Administration, Finance, or related field or equivalent experience
  • 3-5 years of experience in Compensation & Benefits
  • Professional Human Resources or Compensation certification a plus (SHRM-SCP, SHRM-CP, SPHR, PHR, CCP, CBP, etc.)
  • Working knowledge of industry-standard tools including survey platforms (Aon McLagan, Mercer, Willis Towers Watson, etc.)
  • Excellent communication skills to effectively communicate complex information
  • Advanced problem-solving skills with the ability to think analytically, creatively and strategically
  • Demonstrated ability to perform thorough, quantitative, and qualitative analyses using applicable technology tools
  • Demonstrated ability to project manage cross-functional initiatives that deliver results, using collaboration and influencing skills
  • In-depth knowledge of compensation principles, market trends, and regulatory requirements and ability to communicate those to key stakeholders
  • Ability to perform independent in-depth analysis using Strong mathematical/quantitative reasoning skills
  • Ability to maintain confidentiality and a professional demeanor in a dynamic work environment that often requires management of multiple priorities
  • Excellent verbal, written, and interpersonal skills
  • Strong PC skills (Excel, Word), PowerPoint) proficiency required

Our job titles may span more than one career level. The starting base salary for this role is between $75,000.00 – $85,000. The actual base pay is dependent upon many factors, such as: training, transferrable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future.

Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans. AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View our Pay Transparency Statement. Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.

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