Senior Compensation Analyst (Hybrid)

The Senior Compensation Analyst is responsible for assisting in the refinement, analysis, and ongoing administration of the various compensation programs at First Tech. This role leads the annual merit cycle, incentive planning, annual and special annual bonus, and the overall defining and maintaining of First Tech's Career Architecture.

Here's what you can expect from the job and what you need to be successful:

Job Duties:

• Regularly evaluate current compensation practices alignment to compensation strategy; present findings to HR senior leaders
• Partner with Senior HR Leadership on executive compensation
• Act as consultant to the Human Resources (HR) team and business leadership to support their decision making for hiring, promotions, specific organizational initiatives, and annual compensation programs
• Track, monitor, analyze and manage variable compensation plans to ensure compliance/adherence to compensation philosophy and strategy
• Manage the activities for the creation, development, implementation, documentation, communication, and administration of all variable pay plans and policies
• Manage job classification structure, market pricing, salary ranges and grade structure ensuring an equitable and competitive market-based structure is followed as new positions are classified
• Recommend, implement, and document compensation best practices and process improvements
• Conduct research, quantitative analysis, data modeling, and the presentation of data to see beyond the numbers and understand trends to drive strategic decisions around people
• Collaborate with business partners from all business units to drive on-going process improvement
• Develop and implement communication and training for compensation programs for recruiters, human resources professionals and managers to promote understanding and transparency
• Identify relevant market data trends regarding compensation and present recommendations
• Partner with HRBPs, managers and senior leaders to craft and refine job descriptions that attract top talent, while also being thoughtful of company standards; maintain job description library
• Price jobs, evaluate internal equity and complete salary survey activities, including survey results analysis and leverage data to assist leaders in making strategic business decisions

Essential Skills:

• Minimum 5 years' experience in the administration and analysis of compensation programs such as salaries, short-and long-term incentive plans, salary increases, and various reward programs including executive compensation
• Ability to manage organization-wide variable pay practices (i.e., merit, incentive/commission programs and budgeting)
• Experience reviewing and monitoring employee pay and proactively making recommendations
• Competency with creation, design, and administration of variable pay plans
• Direct experience managing salary survey processes and compensation databases
• Strong attention to detail with emphasis on accuracy and ability to multi-task with moderate supervision
• Excellent critical thinking, analytical, and problem-solving skills
• Ability to work efficiently and prioritize projects in a fast-paced environment with tight deadlines and high volume peaks while producing high-quality work
• Ability to work well under pressure and meet strict deadlines
• Excellent verbal and written communication, interpersonal, and analytical skills and ability to collaborate with internal/external partners and key stakeholders
• Advanced proficiency in Microsoft Excel, intermediate Microsoft Word skills and experience with enterprise HRIS/HRMS
• Minimum Education: Bachelor's degree in Business Administration, other related fields of study or equivalent experience
• Certification/License: CCP preferred

Location: Hillsboro, OR 97124 | (HYBRID)

Target Compensation in Hillsboro, OR: $110,000 to $130,000 + annual bonus

Benefits options include:

• Traditional medical, dental, and vision coverage
• 401K matching up to 5% per pay period
• Accrue up to 17 days of Paid Time Off your first year of employment
• 11 paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)

First Tech is not currently offering Visa sponsorship or transfer for this position
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Employment Type: Full-Time