Senior Compensation Consultant

Navy Federal Credit Union

Jan 4

Applications are closed

Job
Full-time
Senior & Expert Level
Consulting
People, HR & Administration
Pensacola

Requirements

Advanced 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
Experience working and participating in cross-functional, multi-dimensional teams and projects
Extensive experience in managing multiple priorities independently and/or in a team environment to achieve goals
Significant experience in independently managing or administering a function or project
Extensive experience in handling highly confidential and sensitive situations
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
Experience in compensation planning and incentive plan development
Effective skill demonstrating thought leadership in providing vision & strategic thinking to technical decisions/issues
Expert verbal and written communication skills
Expert skill presenting findings, conclusions, alternatives and information clearly and concisely
Advanced skill building effective relationships through rapport, trust, diplomacy and tact
Advanced skill speaking and/or presenting in front of groups in a professional setting
Expert organizational, planning and time management skills
Expert word processing and spreadsheet software skills
Advanced database and presentation software skills
Advanced skill influencing and building consensus with business partners
Bachelor's Degree in Human Resources or the equivalent combination of training, education, and experience
Familiarity with Navy Federal's functions, philosophy, operations and organizational objectives
Experience with mergers/acquisitions
Previous consulting experience in an HR related Consulting firm
CCP certification

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
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
Design and document jobs through the collection and analysis of information about job responsibilities and requirements
Design and conduct training on programs for employees and management
Design and develop programs and practices; make strategic recommendations
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
Lead, guide and mentor less experienced staff
Manage projects of varied scope
Prepare 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

FAQs

What is the primary purpose of the Senior Compensation Consultant position?

The primary purpose of the Senior Compensation Consultant position is to develop, administer, and support Navy Federal's Compensation Program to attract, retain, and motivate qualified employees.

What types of tasks will the Senior Compensation Consultant be expected to lead?

The Senior Compensation Consultant will lead complex tasks such as job and salary analyses, market pricing, the business planning process, and the design and development of compensation programs.

What qualifications are required for this position?

Required qualifications include advanced knowledge of compensation principles and laws affecting compensation practices, extensive experience in managing multiple priorities, and expert communication and organizational skills. A bachelor's degree in Human Resources or a related field is also required.

Are there any desired qualifications for candidates?

Yes, desired qualifications include familiarity with Navy Federal's functions, experience with mergers/acquisitions, previous consulting experience in an HR-related consulting firm, and CCP certification.

What types of reports will the Senior Compensation Consultant be responsible for preparing?

The consultant will be responsible for preparing summaries, analyses, reports, charts, graphs, memoranda, and manuals/reference materials related to benchmarking and ad hoc reports.

Will the Senior Compensation Consultant work independently or as part of a team?

The Senior Compensation Consultant will work independently and also lead and mentor less experienced staff, participating in cross-functional and multi-dimensional teams and projects.

What is the work schedule for this position?

The work schedule for this position is Monday to Friday, from 8:00 AM to 4:30 PM.

Where are the locations for this position?

The position is available at several locations, including Vienna, VA; Pensacola, FL; Winchester, VA; San Diego, CA; Virginia Beach, VA; Jacksonville, FL; North Richland Hills, TX; and Sandy Springs, GA.

How does Navy Federal support employee career development?

Navy Federal supports employee career development by providing a meaningful career experience, a culture that is committed to employees, and competitive pay and generous benefits.

What is the company’s stance on diversity and equal employment opportunity?

Navy Federal values and celebrates diversity in the workplace and offers equal employment opportunity to all qualified applicants regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.

Navy Federal Credit Union

Our Members Are the Mission

Finance

Industry

10,001+

Employees

1933

Founded Year

Mission & Purpose

Navy Federal is the world’s largest credit union, with more than 13 million members, $178 billion+ in assets and 24,000+ employees. Throughout campuses in Vienna, VA Pensacola, FL and Winchester, VA, as well as more than 350 branches, we serve the Armed Forces, Department of Defense, veterans and their families with world-class financial products and services. Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks. Our approach to careers is simple yet powerful: Make our mission your passion. Equal Housing Lender

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