Director of Compensation and HRIS

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The Position

Job Title

Director of Compensation and HRIS

Job Description

SUMMARY

The Director of Compensation and HR Information Systems will serve as an organizational leader responsible for the design of First United’s compensation philosophy, policies, and programs in support the Bank’s rapidly growing employee base. In addition, the role will oversee the development, installation, testing, and modification of HRIS systems. This position will require a hands-on leader that is able to leverage their deep understanding of scaling compensation programs and practices to conceptualize successful strategy while driving the execution of organizational goals. Will lead efforts to ensure optimization of technology platforms within Human Resources. This position requires an ability to think strategically about problems and possess skill in tactical execution.

MAJOR DUTIES AND RESPONSIBILITIES (ESSENTIAL FUNCTIONS)

• Develops, owns, and evolves our Compensation philosophy and programs, including both base and incentive compensation targeted at ensuring the Bank is in a competitive position within our markets while maximizing engagement and retention.
• Leads the design, implementation, and communication of short and long-term incentives aligned with business performance objectives. Conducts analysis and modeling to identify optimal plan design and monitors plan success.
• Participates in design of executive compensation programs if/when appropriate.
• Develop and partner with HR Leaders and Recruiters on market data needs an analysis related to the preparation of employment offers and salary adjustments.
• Defines and recommends a strategy for conducting job analyses and evaluations, as well as grading and pricing of jobs, ideally leveraging Workday and Payfactors to architect long-term/scalable solutions. Regularly evaluates roles to ensure proper FLSA classifications, grade assignments, and job family alignment.
• Provides daily subject matter expertise and compliance oversight of the organization’s salary administration process. Ensures accurate job descriptions are available for all positions.
• Maintains a good pulse on market data and drives Best in Class programs to ensure competitiveness in the marketplace.
• Partners with the Business Partner and Talent Acquisition Teams to advise and influence business leaders in compensation strategy, programs, and issues, including equity practices.
• Drives