Senior Compensation Analyst

Location:

4910 Tiedeman Road, Brooklyn Ohio

Job Description Preview

Job Summary
Compensation: With limited guidance, supports compensation program strategy, design, implementation, and administration. Collaborates with internal partners providing necessary tools and information in order to make informed decisions regarding compensation. Works independently on less complex issues involving employee base pay, and short and long-term incentives.


Responsibilities

• Compensation only: Completes job evaluations and benchmarks internal positions. Presents recommendations to business leaders and partners, with involvement from manager in more complex reviews or on more senior levels roles. Recommendation includes career level, salary grade and compensation targets when appropriate. Deepens understanding of client / industry strategy, understanding of our competition, and how business works to inform recommendations.
• Compensation only: Supports the analysis, design, and implementation of incentive plan designs. Partners with Finance, Human Resources, Risk Management and Business Executives in the review and/or redesign of incentive compensation plans. Ensures appropriate consideration of Sound Compensation Program and governance/ risk requirements
• Compensation only: Partners with HR and Finance on the annual compensation process. Completes analytics and presents findings to HR partners and present to business leaders with manager to ensure pay decisions align with Key's Compensation philosophy.
• Executive Comp only: Assists with the analysis, design and implementation for Key's long-term incentive compensation program, equity administration, executive compensation and director compensation programs. Supports and executes on executive compensation and equity related communications. Prepares elements of the proxy compensation tables and footnotes.
• Ensures compliance with relevant regulations and laws. May complete compliance testing of applicable risk related controls for compensation or benefits programs. Monitors applicable legislative developments. Identifies and escalates issues as necessary and may assist with issue resolution.
• Monitors market trends to gauge the effectiveness and competitiveness of Key’s incentive programs
• Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice
• Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key.

Education Qualifications

• Bachelor's Degree (required)
• Human Resources, Business Administration, Finance or related discipline (preferred)

Experience Qualifications

• 3+ years HR, Finance or related field with an analytical focus (required)

Tactical Skills

• Skilled & experienced in building Microsoft Excel analysis and graphs, combining data from multiple sources, & trouble shooting and proficient in creating Microsoft Power Point presentations. Self starter and self-learner of new skills in Excel and Power Point.
• Excellent organizational and time management skills
• Strong results orientation and attention to detail

Personal Skills

• Critical Thinking: The ability to identify, obtain, and organize relevant data and ideas and prioritize concerns in the decision-making process
• Influence: Develops basic persuasive arguments and utilizes active listening skills and probing techniques to surface opportunities to influence
• Problem Solving: Demonstrates the ability to examine a specific problem and understand the perspective of stakeholders; uses fact-finding techniques to identify and document specific problems
• Collaboration: Demonstrates experience in participating in productive collaborative processes that help solve business problems and meet business goals
• Adaptability: Demonstrates a willingness to listen to other opinions and adjusts to new or changing assignments, processes, and people while avoiding snap reactions

Practical Skills

• Analytical Thinking: Uses logic and intuition to make inferences about the meaning of data and arrives at relevant conclusions; makes a systematic comparison of two or more alternative solutions
• Business Acumen: Participates in business tasks to get things done in own business unit and communicates key considerations for business decision-making processes
• Change Navigation: Demonstrates the ability to modify work as directed and applies the concept of continuous improvement to develop new skills during change