Senior Compensation Analyst

Company

Federal Reserve Bank of Kansas City

As a part of the nation's central bank, the Federal Reserve Bank of Kansas City supports a stable financial system. We work across diverse communities throughout our region and nation to foster understanding in our economy, the payments system, and financial institutions for people from all walks of life.

Together, we serve the public and each other in an innovative environment that values the highest ethical standards. Here you'll find support to develop, united in a clear and common purpose with a diverse team.

The Compensation Analyst will be responsible for developing and administering compensation programs. The ideal candidate brings subject-matter expertise to advise senior management on compensation programs and market trends. The ideal candidate is detail-oriented, analytical, and can effectively tailor communication to deliver complex/difficult messages.

Develops and administers: 

• Salary administration & variable pay programs. Activities include developing and recommending budgets, allocations, and guidelines; consulting with business line leadership on rewards and recognition strategies; and reviewing transactions for alignment with policy and strategy.
• The Bank’s job evaluation program. Activities include reviewing job documentation, analyzing market data, and determining FLSA classification.  
• Educational campaigns, events, and programs across the spectrum of Total Rewards.

Additional responsibilities include:

• Conducts and/or participates in compensation surveys.  
• Compiles and analyzes data to recommend adjustments to the Bank’s salary structure. 
• Monitors total rewards trends and business issues to ensure competitiveness of the Bank’s compensation philosophy and programs.  
• Advises and consults with colleagues across the department, Bank management, and System contacts on Total Rewards topics. 
• Performs other duties as assigned 

Requirements:  

• Typically requires a minimum of six years of relevant experience.
• Bachelor’s degree in Business Administration or a closely related field from an accredited college or university, or equivalent combination of directly related education and/or experience. 
• Certified Compensation Professional Certification or equivalent required.
• Strong analytical skills and proficiency in data analysis tools such an Excel or Tableau preferred.
• Familiarity with the Human Capital Management programs preferred.  

Pay Range: The starting pay range for this position is $92,700 to $143,000 for the job level(s) required for this position. Final offers are determined by factors including the candidate’s qualifications, internal alignment considerations, district assignment, and geographic location.

Sponsorship: Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

About Us:

Total Rewards & Benefits

Who We Are

What We Do

Follow us on LinkedIn, Instagram, X (formerly Twitter), and YouTube

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Human Resources Family Group

Work Shift

First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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