Senior Compensation Consultant Business Partner

Location: Remote Full/Part Time: Full-Time Regular/Temporary: Regular

Job Description

YOUR LIFE'S MISSION: POSSIBLE

You have goals, dreams, hobbies and things you’re passionate about.


What’s Important to You Is Important to Us
We’re looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them—friends, family and passions. And we're looking for team members who are passionate about our mission—making a difference in military members' and their families' lives. Together, we can make it happen.


Don’t take our word for it.

• Military Times 2021 Best for Vets Employers
• WayUp Top 100 Internship Programs
• Forbes® 2022 The Best Employers for New Grads
• Forbes® America's Best Employers
• Newsweek Top 100 Most Loved Workplaces
Fortune Best Workplaces for Women
Fortune 100 Best Companies to Work For®
• Computerworld® Best Places to Work in IT

Basic Purpose

To develop, administer and support Navy Federal’s Compensation Program ensuring its ability to attract, retain and motivate qualified employees. Program components include but not limited to: merit and performance management; salary structure, differentials, and equity; incentive pay; and job documentation, analysis, and evaluation. Serve as business partner to Navy Federal leadership regarding compensation issues such as pay equity, job development and organizational structure to support the achievement of business goals and objectives. Drive creative thinking and provide in-depth insight during project planning, analysis, facilitation and execution of compensation initiatives and human resource initiatives.   Serve as an extension of the Compensation Leadership team. Works independently.


Responsibilities

• Develop, cultivate, and maintain relationships with business unit leadership in support of Navy Federal’s Compensation Program
• Lead the business planning process (annual/quarterly) with clients to establish compensation and business priorities
• Serve as a leader in establishing strategic direction for compensation programs within business units and partner with Human Resource Business Partner (HR BP) to communication compensation programs
• Provide proactive guidance and consult with business unit leadership on organizational structure and/or reorganizations 
• Lead job and salary analyses, market pricing and recommend salaries/grade level assignments for new/existing employees according to Navy Federal Compensation methodology
• Conduct job reviews and evaluations while guiding client groups in the development of new jobs and job families
• Lead the design and conduct training on programs for employees and management 
• Develop and recommend enhancements to improve operational processes and procedures 
• Develop, modify, and execute Navy Federal policies, standards, and processes 
• Identify and address compliance issues; update guidelines and procedures to minimize risk 
• Direct and assign the business unit work to the Compensation Consultants, Analysts and Specialists
• Lead, guide, and mentor to less experienced staff align to their business areas
• Manage projects of varied scope 
• Prepare complex summaries, analyses, reports, charts, graphs, instructions, memoranda, and manuals/reference materials for benchmarking purposes or for inclusion in required and ad hoc reports 
• Research and respond to internal/external audit requests/projects 
• Research, gather and synthesize data; present conclusions and recommendations to management and/or team members 
• Stay abreast of and ensure compliance with applicable federal, state and industry laws, regulations, and guidelines
• Perform other duties as assigned


Qualifications and Education Requirements

• Expert knowledge of compensation principles, practices, and techniques
• Advanced knowledge of laws and regulations affecting compensation practices such as FLSA, Title VII, Equal Pay Act, Age Discrimination in Employment Act and Americans with Disabilities Act
• Advanced skill demonstrating thought leadership in providing vision & strategic thinking to technical decisions/issues
• Significant experience working and participating in cross-functional, multi-dimensional teams and projects
• Significant experience in independently managing or administering a function or project
• Significant experience in leading, guiding and mentoring less experienced staff
• Extensive experience managing multiple priorities independently and distributing work to team members to ensure deadlines are met
• Significant experience creating professional presentations to deliver and educate compensation concepts and initiatives to the general employee population 
• Expert skill presenting findings, conclusions, alternatives, and information clearly and concisely
• Expert skill building effective relationships through rapport, trust, diplomacy, and tact
• Advanced skill influencing and building consensus with business partners
• Extensive experience in identifying relevant analytical problems, determining appropriate diagnostic methods, and solving unique and complex issues/problems
• Advanced knowledge of the relationships between Compensation, other HR functions and business operations
• Significant experience in analyzing and administering job, market, and salary evaluation programs
• Significant experience in compensation planning and incentive plan development
• Responsible for maintaining awareness and knowledge of market conditions and trends to support compensation programs, processes and initiatives for the enterprise and/or a specific client area
• Stay abreast of and ensure compliance with applicable federal, state and industry laws, regulations, and guidelines


Desired Qualifications and Education Requirements

• Certified Compensation Professional (CCP) certification
• Experience working in an HR BP model
• Working knowledge of Navy Federal's functions, philosophy, operations and organizational objectives
• Knowledge of systems and software used at Navy Federal


Hours: Monday - Friday, 8:30AM - 5:30PM

Location: 820 Follin Lane, Vienna, VA 22180 | 5550 Heritage Oaks Dr. Pensacola, FL 32526 | 141 Security Dr. Winchester, VA 22602 | 9999 Willow Creek RoadSan Diego, CA 92131 | Remote

Navy Federal is now hybrid! Our standard enterprise requirement for a hybrid schedule is to report on-site 4-16 days each month. The number of days reporting on-site will ultimately be determined by the employee's leadership and business unit needs. You will learn more throughout the hiring and on boarding process.

Salary Range: $83,100 - $142,000 annually

Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position.

Equal Employment Opportunity

Navy Federal values, celebrates, and enacts diversity in the workplace.  Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans.  EOE/AA/M/F/Veteran/Disability

COVID-19 Safety Protocols

All employees are expected to follow our COVID-19 safety protocols.

Disclaimer

Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position.

Bank Secrecy Act

Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.