HR Business Analyst - Compensation

Company

Federal Reserve Bank of Chicago

The Federal Reserve Bank of Chicago (FRBC) is looking for a data-driven HR professional to join an experienced and dedicated Total Rewards team as a HR Business Analyst. This role reports to the Compensation Supervisor. This is a great opportunity to experience working for a unique, mission driven institution while building skills within the Compensation area of expertise.

In this role, you will manage reporting and analysis for the Compensation function while administering base pay and variable pay programs. In addition, you will be supporting job documentation, classification, and pricing efforts while managing compensation market data and surveys. Within the organization’s highly collaborative environment, you will also have the opportunity to manage client relationships, provide solutions to stakeholders and work on unique cross functional project teams.

While experience working within a compensation function is helpful, we will provide training to those who meet the necessary qualifications.

The level of work is considered intermediate, and staff will work with support.

Your Qualifications:

• Bachelor's degree or equivalent experience
• 3 -5+ years of direct HR work experience
• General knowledge of Compensation principles and best practices
• Advanced data analysis and spreadsheet skills
• Familiarity with HR systems, data management, and reporting
• Effective communication and presentation skills

What we offer:

• Comprehensive benefits package, including medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, and transit benefit.
• A continuous learning environment with opportunities to gain new skills and grow your career.
• A wide range of Diversity, Equity, and Inclusion community groups as well as active employee resource groups and mentorship programs.

Additional Requirements:

• This role is a hybrid work model in Chicago.
• As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank’s ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.
   

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status. employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Analytical

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.

Privacy Notice