• Sr Compensation Consultant

    Location US-CA-Pasadena
    Job ID
    2018-5671
    Category
    Human Resources
    Position Type
    Full-Time
  • Overview

    For more than 40 years, East West Bank has served as a pathway to success. With over 130 locations across the U.S. and Greater China, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities. And our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, high-tech and aviation help build sustainable businesses and expand our employees’ potential for career advancement.

     

    Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With assets of $37.7 billion, we’re ranked among the 30 largest banks in the United States and currently top 5 in “America’s 100 Best Banks” by Forbes, a list where we've consistently been in the top 15 since 2010. With a strong foundation, an enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.

     

    We are currently seeking a Senior Compensation Consultant. The Senior Compensation Consultant reports to the Director of Compensation. This position provides compensation consulting services to our internal customers on a variety of issues. In partnership with other Human Resources team members, this position combines development and administration of company-wide compensation programs with direct support to executives and managers. This is an individual contributor in the compensation function and requires exceptional consultative, analytical and influencing skills along with a strong customer service orientation.

    Responsibilities

    • Participates in the development, implementation and ongoing administration of approved compensation programs
    • Conducts competitive practices research on selected compensation programs as assigned; develops recommendations for improvements to compensation programs based on findings
    • Provides compensation recommendations for new hires and internal promotions / transfers which are market competitive and internally aligned
    • Participates in developing new pay structures, as needed, and recommends updates to existing pay structures and job classifications
    • Administers regular and special compensation programs such as annual merit increases, bonus and stock as assigned
    • Conducts job evaluations, FLSA assessments, and departmental compensation reviews
    • Leads department’s participation in compensation surveys
    • Stays abreast of federal, state, and local compensation and payroll ordinances and Bank regulatory requirements ensuring Bank compliance
    • Performs other duties as assigned

    Qualifications

    • Bachelor’s Degree in Finance, Business, Human Resources or relevant field of study
    • 5-8 years professional level broad compensation experience including drafting job descriptions, evaluating jobs, participating in compensation surveys as well as managing salary grades, job families, career ladders and related compensation policies, programs and procedures
    • Experience with job structure design preferred
    • Banking industry compensation experience is beneficial
    • Exceptional knowledge of Excel, demonstrated analytical skills
    • Detailed focus and commitment to excellence

    License/Certification:

    • Certified Compensation Professional (CCP) preferred

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