Compensation Consultant Lead

Location: New York

Compensation Consultant Lead page is loaded## Compensation Consultant Lead locations:
New York/1400 Broadway/114025:
Troy/5151 Corporate Drive/112300time type:
Full time posted on:
Posted Todayjob requisition :
19071
** Position Title
** Compensation Consultant Lead
** Location
* * New York, NY 10018
** Job Summary
** The Compensation Consultant Lead partners with line of business, internal stakeholders and leadership to align compensation programs with business goals and objectives. The Compensation Consultant Lead designs and implements the organization’s compensation programs following established standards and policies to ensure the programs are administered effectively in accordance with the organization’s total reward strategy and the company’s strategic objectives. Leads program design and administration, conducts analysis, and provides consultative advice to HR and business unit managers on some compensation related issues.
$ - $Pay Range:
Local Minimum Wage - $0.00 - $0.00
*
* Job Responsibilities:

**** JOB RESPONSIBILITIES**
* ** Program Design –
** Lead and oversee the design and implementation of compensation programs ensuring they are competitive, equitable, and aligned with organizational goals. Communicate compensation policies and practices to employees and management, providing training on compensation programs, and address questions and concerns as applicable.
* ** Program Administration/ Operational Execution
- ** Oversee accurate and timely processing of program outputs, identify and resolve issues in programs or administration.
* ** Data Analysis & Reporting
- ** Analyze compensation data and make data-driven recommendations to improve compensation programs. Perform analysis as requested to ensure timely and accurate data is provided for review including a recommended plan of action in response to the request.  Create complex compensation models to evaluate options and develop proposals for management and Executive teams.
* ** Strategic Compensation Projects
- ** Act as the SME and leader for special projects which includes, project management/planning, coordinating and planning processes across multiple HR functions, data validation and audits, the creation and implementation of education sessions around Compensation tools and processes, and creating and coordinating communications. Ensure the accuracy and effectiveness of compensation information, and develop and document procedures to streamline the compensation processes to ensure compliance with regulatory requirements.

Work with Human Resources Partners to educate line management on pay administration practices.
* ** Stakeholder Engagement & Leadership
- ** Collaborate and partner with HR professionals, senior leaders, and other stakeholders to ensure compensation strategies align with business objectives.
* ** Governance & Risk Management** - Develop and oversee policies and processes to ensure plans comply with internal risk management frameworks and external regulatory expectations (e.g., fair lending, sales practices, compensation governance). Ensure compliance with applicable federal, state and local laws and regulations. Maintain knowledge of and adhere to Flagstar’s internal compliance policies and procedures.
* Uses independent judgement and discretion to make decisions in areas of responsibility or portfolio oversight. Escalates issues when appropriate.
* Analyzes and resolves problems pertaining to job design, market data, job evaluations, incentive design, incentive calculations, salary structures, salary administration, total compensation, and any other compensation related items.
** ADDITIONAL

ACCOUNTABILITIES
*** Performs special projects, and additional duties and responsibilities as required.
* Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.
* Monitor emerging trends and changes in regulatory expectations and update internal policies and practices as needed.
** JOB REQUIREMENTS
***
* Required Qualifications:

*** Education level required:
High…