Senior Compensation Specialist - Collinsville, United States - Enterprise Bank & Trust

Description

Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community.

From the small mom-and-pop coffee shop to the large construction company that employs local people, our goal is to help businesses succeed and our communities thrive.

With offices in Missouri, Kansas , Arizona, California, New Mexico and Nevada, we're strong, growing and committed to supporting the communities we serve.

We extend this commitment to the community to our associates, offering annual paid volunteer time off and charitable-matching opportunities.

Voted A Best Bank to Work For by American Banker for multiple years, we offer our associates an array of benefits and the opportunity to chart their own career path with us.

Join us in the pursuit of our mission to guide people to a lifetime of financial success, and enjoy a career filled with professional growth opportunities, interesting colleagues and the satisfaction of supporting our communities.

Together, there's no stopping you.

Senior Compensation SpecialistJob DescriptionSummaryThe Senior Compensation Specialist is responsible for the day-to-day administration and implementation of compensation programs across the organization Including short-term incentive plans, sales, commission, and production incentive plans, and long-term incentive plans.

Essential Duties & ResponsibilitiesAssist in the development of compensation programs in accordance with guidelines and policies and recommendations on compensation issues and proposals, including compensation program design, evaluation and analysis, cost projections, and communicationsResponsible for ongoing compensation initiatives such as annual market review, salary planning, short term and long term incentive plans, and sales incentive plans through data collection/reporting, analysis, data management, transaction assistance, market research, and data integrity audits.

Ability to comprehend and apply broad company policies to individualized compensation issuesAdminister various sales incentive plans by performing incentive calculations utilizing various data resources, including review of sales data, sales dispute resolution with managers, decision making and product assessment to arrive at determined conclusions, and providing reporting to individual sales team members, management, and FinanceOwns full life cycle of conducting job analysis, evaluation and salary administration to determine appropriate salary grades, ranges, and pricing based on internal and external equityWork closely with HR business partners and Talent Acquisition teams on proposals for new hire offers, promotions, and adjustmentsDeliver accurate, complete and timely submission of required reports, documentation, forecasts and analysesSupport industry market survey submission process as needed.

Conduct and participate in compensation surveysReview survey results and proactively provide the analysis of market trends and recommendations for any changes in our structure or individual adjustments based on the dataProvide market research when neededFacilitates and manages the equity-based grants and awards processesDevelop documentation for compensation processes and proceduresAssemble and distribute recurring reporting for Finance and Compensation for proper accrual management and expense forecasting exercisesDesign and prepare ad hoc compensation related reportsWork under limited supervision as a collaborative team member and independent contributor to support the Compensation and HR teamWork in conjunction with Payroll to research compensation and incentive payment issuesResearch sales incentive payment discrepancies, resolve issues and communicate to sales organizations on matters such as sales plan interpretation and compliance with guidelinesConduct ad-hoc analysis and modeling when appropriateLeads or assists with review and implementation of HRIS compensation-related items in HR systemsQualificationsMust be able to work in a fast-paced changing environment and be able to use independent judgment for decisions that may not be straightforwardKnowledge of compensation principals, programs, practicesStrong technical knowledge of excel required including development of spreadsheets with formulas, functions, pivot tablesDemonstrate advanced computer skills, incorporating the ability to effectively leverage technologyAbility to prioritize and handle multiple projects at onceAbility to handle sensitive HR information with high degree of confidentiality and discretionMust be detail oriented with strong analytical skills and be able to present analytical data in an easily understandable formatSupervisory ResponsibilitiesNoneEducation and/or ExperienceBachelor's degree in Business or Human Resources Management or equivalent experience; CCP a plusA minimum of 3 to 5 years of experience in Human Resources and direct experience / exposure in compensationExperience in banking or financial services industry is preferredExperience with Workday is preferredComputer and Software SkillsMicrosoft office suiteAdvanced Excel skillsSQL preferred but not requiredGoogle Suite Experience (Docs, Sheets)Salesforce experience preferredWorkday experience preferredEqual Opportunity StatementEnterprise Bank & Trust is committed to helping individuals with disabilities participate in the workforce and ensuring equal opportunity to apply and compete for jobs.

If you need an accommodation in order to apply for a position at Enterprise Bank & Trust please contact Human Resources at .Enterprise Bank & Trust is committed to managing our business and community relationships in ways that positively impact our associates, clients, and the diverse communities where we work and live.

We are proud to be an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, gender identity or protected veteran status and will not be discriminated against on the basis of disability.

All employment offers are contingent upon the applicant successfully completing both drug and background check screenings.

If you would like more information about your EEO rights as an applicant under the law, please download the Equal Employment Opportunity is the Law poster HERE .

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