Sr. Compensation Analyst

Overview

Federal Reserve Bank of Atlanta:
As an employee, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The Bank lives values of integrity, excellence, and respect. The Bank believes in balancing work and life with onsite collaboration, and onsite work is an essential function of this position according to the schedule set by management.

You will collect, analyze and maintain data to ensure the Bank can attract and retain high-quality employees and ensure appropriate pay based on market trends and data. You will conduct and respond to salary surveys, maintain survey data, manage the salary administration and variable pay processes, review job descriptions, evaluate jobs, research market pay, and recommend appropriate salary ranges. You will advise and make recommendations to department and Bank management on compensation topics, lead complex compensation projects, and report to the Compensation Manager.

Responsibilities, in brief, involve supporting compensation programs, market pricing, and governance to align with regulatory requirements and the Bank s compensation philosophy.

• Review local, regional, and national compensation data and practices to ensure policies and programs are consistent with the compensation philosophy and market data. Develop market-based salary ranges and structure movement recommendations for Management Committee approval. Oversee salary survey processes, load survey data into the market-pricing system, maintain accurate survey and market match data, and ensure approval of invoices for payment.
• Manage the Bank s merit and other increase data, provide feedback to department management, and analyze data.
• Conduct data analysis and market pricing reviews. Perform internal equity reviews and provide consultation for salary offers, promotional increases, merit and variable pay budgets. Collaborate with department management to evaluate and price new and revised jobs.
• Administer the Bank s variable pay program. Determine variable pay allocation by division/department and track payment of awards.
• Present essential information to Bank management, Board of Governors, and Board of Directors.
• Ensure compensation programs comply with regulatory requirements by providing analytical support and research, conducting management audits, and ongoing monitoring of program use.
• Lead complex compensation projects, working with senior management, department management, HR business areas, and others. Provide leadership, coaching, mentoring, work direction, support and training to less experienced compensation staff.

Education: Bachelor s Degree or 4 years equivalent experience

Experience: 5+ years of progressive experience in Compensation

Knowledge Areas:

• HR/Compensation Knowledge
• Solid Analytical Skills

Technical

Skills:

• Advanced Knowledge of Excel (can perform complex functions)
• Workday or other HCM
• Intermediate to Advanced Knowledge of Compensation Systems, Preferably Reward

Certifications/Licenses:

• CCP certification or willingness to obtain CCP

• Our total rewards program offers benefits that are the best fit for you at every stage of your career:
• Comprehensive healthcare options (Medical, Dental, and Vision)
• 401K match, and a fully funded pension plan
• Paid vacation and holidays; flexible work environment
• Generously subsidized public transportation
• Annual tuition reimbursement
• Professional development programs, training and conferences
• And more…

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements. Management reserves the right to revise the job or to require that other tasks be performed when circumstances change.

The Federal Reserve Bank of Atlanta is an equal opportunity employer.

Full Time / Part Time Full time Regular / Temporary Regular Job Exempt (Yes / No) Yes Job Category Human Resources Family Group Work Shift First (United States of America)

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.

Apply at Federal Reserve System Careers (without links) or through verified Federal Reserve Bank channels.

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