Senior Compensation Analyst
Company: Federal Reserve Bank of New York
Location: Chicago
Posted on: January 28, 2023
Job Description:
CompanyFederal Reserve Bank of ChicagoAs a Senior Compensation
Analyst you will implement, administer, and develop base and
variable pay compensation programs in a diverse, high compliance
environment. This role combines high stakeholder involvement with
advanced analytical demands. You will be reporting to the
Compensation Supervisor.Your Responsibilities:
- Serve as HR liaison to key business units and high influence
stakeholders
- Provide pay recommendations, guidance, and solutions to Bank
management
- Administer and design base pay and variable pay programs
- Manage compensation market data and analytics
- Conduct comprehensive reviews of Bank-wide and department pay
strategy, job analysis, pricing, and prepares job descriptions
- Manage cross functional projects and participates on work teams
Your Qualifications:
- Bachelor's degree or equivalent experience 5 to 7 years of
professional work experience
- Applied advanced knowledge and expertise of Compensation
principles and best practices Advanced data analysis and
spreadsheet skills
- Strong communication and presentation skillsExcellent
analytical and problem-solving skills
- Demonstrates independent thinking and decision-making
abilities
- Experience in a customer-facing, business partner role
- Proficiency with HR systems, data management, and report
writing What we offer:
- Comprehensive benefits package include medical, dental, vision,
prescription drug coverage, 401k savings plan, retirement plan,
paid time off, transit benefit, onsite gym and subsidized
cafeteria
- A learning environment with opportunities to gain new skills
and grow your careerRequirements:All Federal Reserve Bank of
Chicago employees must be fully vaccinated against COVID-19, and
receive a booster shot within 30 days of being eligible to do so,
unless the Bank grants an accommodation based on medical condition
or sincerely held religious belief.As a condition of employment,
Federal Reserve Bank of Chicago employees must comply with the
Bank's ethics rules, which generally prohibit employees, their
spouses/domestic partners, and minor children from owning
securities, such as stock, of banks or savings associations or
their affiliates, such as bank holding companies and savings and
loan holding companies. If you or your spouse/domestic partner or
minor child own such securities, and would not be willing or able
to divest them if you accepted an offer of Bank employment, you
should raise this issue with the recruiter for this posting, who
can provide you contact information for our ethics official if
necessary.We are committed to equal employment opportunity
regardless of race, color, ancestry, religion, sex, national
origin, sexual orientation, age, marital status, disability,
gender, gender identity or expression, or veteran status.Full Time
/ Part TimeFull timeRegular / TemporaryRegularJob Exempt (Yes /
No)YesJob CategoryHuman ResourcesWork ShiftFirst (United States of
America)The Federal Reserve Banks believe that diversity and
inclusion among our employees is critical to our success as an
organization, and we seek to recruit, develop and retain the most
talented people from a diverse candidate pool. The Federal Reserve
Banks are committed to equal employment opportunity for employees
and job applicants in compliance with applicable law and to an
environment where employees are valued for their differences.
Keywords: Federal Reserve Bank of New York, Chicago , Senior Compensation Analyst, Professions , Chicago, Illinois
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