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 Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, 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!
Job Title:Senior Compensation Specialist (Hybrid Eligible: MO)Job Description:Summary
The 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 & Responsibilities
Assist 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 communications
Responsible 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 issues
Administer 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 Finance
Owns full life cycle of conducting job analysis, evaluation and salary administration to determine appropriate salary grades, ranges, and pricing based on internal and external equity
Work closely with HR business partners and Talent Acquisition teams on proposals for new hire offers, promotions, and adjustments
Deliver accurate, complete and timely submission of required reports, documentation, forecasts and analyses
Support industry market survey submission process as needed. Conduct and participate in compensation surveys
Review survey results and proactively provide the analysis of market trends and recommendations for any changes in our structure or individual adjustments based on the data
Provide market research when needed
Facilitates and manages the equity-based grants and awards processes
Develop documentation for compensation processes and procedures
Assemble and distribute recurring reporting for Finance and Compensation for proper accrual management and expense forecasting exercises
Design and prepare ad hoc compensation related reports
Work under limited supervision as a collaborative team member and independent contributor to support the Compensation and HR team
Work in conjunction with Payroll to research compensation and incentive payment issues
Research sales incentive payment discrepancies, resolve issues and communicate to sales organizations on matters such as sales plan interpretation and compliance with guidelines
Conduct ad-hoc analysis and modeling when appropriate
Leads or assists with review and implementation of HRIS compensation-related items in HR systems
Qualifications
Must be able to work in a fast-paced changing environment and be able to use independent judgment for decisions that may not be straightforward
Knowledge of compensation principals, programs, practices
Strong technical knowledge of excel required including development of spreadsheets with formulas, functions, pivot tables
Demonstrate advanced computer skills, incorporating the ability to effectively leverage technology
Ability to prioritize and handle multiple projects at once
Ability to handle sensitive HR information with high degree of confidentiality and discretion
Must be detail oriented with strong analytical skills and be able to present analytical data in an easily understandable format
Supervisory Responsibilities
None
Education and/or Experience
Bachelor's degree in Business or Human Resources Management or equivalent experience; CCP a plus
A minimum of 3 to 5 years of experience in Human Resources and direct experience / exposure in compensation
Experience in banking or financial services industry is preferred
Experience with Workday is preferred
.
Computer and Software Skills
Microsoft office suite
Advanced Excel skills
SQL preferred but not required
Google Suite Experience (Docs, Sheets)
Salesforce experience preferred
Workday experience preferred
Equal Opportunity Statement:
Enterprise 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.