Senior Compensation Analyst (219293-912)

Sterling Bancorp Great Neck , NY 11020

Posted 2 months ago

Sterling National Bank is an organization committed to strong growth. Our significant accomplishments are a direct result of continuous hard work by our solid team of dedicated professionals. As we continue to grow and expand across all business sectors we seek talented individuals who can meet our demands for success.

Our competitive advantage is our people who tirelessly work to exceed expectations.

We have something special here at Sterling. We not only offer competitive salaries and comprehensive benefits we are also characterized by an unwavering commitment to high achievement, we offer a diverse environment hosting a multitude of dedicated, talented and driven individuals who value honesty, integrity and go above and beyond for their clients.

It's an exciting time to work for Sterling National Bank. If you are looking for a unique employment experience and are driven to achieve in a dynamic growth-minded environment you have come to the right place.

What you will do:

Sterling National Bank is looking for someone to provide guidance and analysis in support of our compensation function, including stock plan administration, and market survey participation. In this position, you will be conducting analyses of jobs, hourly wages, salaries, and incentives in order to evaluate internal equity, external competitiveness, and legal compliance of the organization's pay practices. You will also prepare the annual salary expense budget project and other cost variance analyses as well as other compensation related projects.

  • Consult with HR Business Partners and line managers to determine compensation related solutions; actively works to ensure compensation practices are understood and supported.

  • Review proposed salary adjustments for conformity to established guidelines, policies, and practices.

  • Audit job descriptions for content and updates/prepares job descriptions to reflect rapidly changing lines of business.

  • Assists in administration of annual compensation review process, including short and long term incentive calculations.

  • Complete and submit salary surveys and prepares analysis of results to determine company's competitive position.

  • Prepares annual base salary expense budget and other cost variance analyses.

  • Creates and maintains job codes and other relative compensation data.

  • Partners with HR Business Partner, Payroll, and Talent Acquisition team as needed.

  • Conducts studies, performs research and prepares reports as needed.

  • Ensure compliance with all regulations, policies, and procedures.

Position locations - Manhattan, Long Island or Yonkers.



Required Skills

  • For this position, you must have at least 3 years of experience as a compensation professional with knowledge of current compensation practices and trends including market analysis.

  • Experience in financial services/banking industry preferred.

  • Experience working with Oracle HCM/WorkDay/PeopleSoft preferred.

  • Candidates with advanced degrees (Associates, Bachelor's, and/or Master's) preferred, yet a High School diploma or GED is required. Candidates with some combination of coursework and experience, or else extensive related professional experience, are eligible for consideration

  • CCP preferred.

  • Strong analytical and critical thinking skills to analyze data, draw conclusions and create presentable, understandable reports that will be used for executive decision-making

  • Strong agility with numbers and highly detail-oriented

  • Ability to take direction but also assertively exercise independent thought and judgment

  • Ability to perform multiple tasks within a fast-paced, team-oriented and lean environment

  • Local travel is required, approximately 25%.

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Senior Compensation Analyst (219293-912)

Sterling Bancorp