The Senior Compensation Analyst is responsible for designing, analyzing, and administering compensation programs that attract, retain, and motivate talent while ensuring alignment with the institution’s strategic objectives and regulatory requirements. This role provides advanced analytical support, market insights, and compensation recommendations across all business units, with a strong focus on compliance within the financial services industry. Essential Functions: • Lead the development, implementation, and administration of base salary, incentive, and bonus programs. • Conduct market pricing and benchmarking using compensation surveys specific to financial services. • Analyze internal equity and external competitiveness to make data-driven compensation recommendations. • Partner with HR Business Partners and leadership to support compensation decisions, including offers, promotions, and retention strategies. • Ensure compliance with federal and state regulations (e.g., FLSA, Equal Pay Act) and financial industry guidelines. • Support and manage the annual compensation cycles, including merit increases, validation, bonus planning, salary structure updates and post-cycle audits. • Manage and optimize compensation processes. • Perform job evaluations. • Prepare reports, dashboards, and presentations for senior leadership and board-level compensation committees. • Identify trends and provide insights on compensation strategies within the banking/credit union sector. Other • This description reflects management’s assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned. • This job description is subject to change at any time.