Sr Compensation Consultant

As the Senior Compensation Consultant, you will partner with HR and business lines to evaluate, design and implement competitive compensation programs. You will conduct analyses of compensation data, models financial and organizational impact of programs, and assists in the translation of business strategies to effective compensation programs. As well as manage projects such as survey participation, evaluation of external market competitiveness, internal equity analyses, incentive program evaluation, and annual performance review.

Primary responsibilities include

• Prepare job descriptions and perform job evaluations using market pricing and internal equity measurements ensuring FLSA compliance.
• Administer base pay programs including annual performance review/merit increase cycles, promotions and other adjustments.
• Manage projects such as survey participation, evaluation of external market competitive vs. the company or internal equity analysis.
• Research compensation related issues and provide recommendations, substantiations and possible alternatives.
• Develop and document procedures to streamline processes and ensure compliance with regulatory requirements.
• Participate in the communications of compensation related programs.
• Utilize PeopleSoft HRIS system to generate queries or look up information that meets compensation needs.
• Assist others with compensation related issues.

Required Skills/Experience:

• 5+ years of Compensation strategy and design experience
• 3-5 years of experience in an analytical role, preferably financial services
• Knowledge of Regulatory and Compliance requirements.
• Excellent communication and stakeholder management skills.
• Project management and consulting experience.
• Must be well organized, detail oriented and confident to work independently as well as a strong team player.
• Strong MS Office skills including Excel, Word, PowerPoint, and Access

Education, Certification and/or Other Professional Credentials:

• Bachelor’s degree required.
• Research compensation related issues and provide recommendations, substantiations, and possible alternatives.

Hours & Work Schedule

• Hours per Week: 40
• Work Schedule: M-F 8-5

Pay Transparency 

The salary range for this position is $125,000 - $130,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the work location, and relevant skills and experience.

We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits .

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Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

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Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.