Compensation Analyst

Company
Federal Reserve Bank of Chicago
The Federal Reserve Bank of Chicago (FRBC) is looking for friendly, data-driven HR professionals to join an experienced and dedicated Total Rewards team as a Compensation Analyst. This is a great opportunity to experience working for a unique, mission driven institution while building skills within the Compensation area of expertise.
Responsibilities:
You will be reporting to the Compensation Supervisor. In this role, you will be managing reporting and analysis for the Compensation function while administering base pay and variable pay programs. In addition, you will be supporting job documentation, classification, and pricing efforts while managing compensation market data and surveys. Within the organization's highly collaborative environment, you will also have the opportunity to manage unique projects and participate on cross functional work teams.
While experience working within a compensation function is helpful, we will provide training to those who meet the necessary qualifications.
Your Qualifications:

• Bachelor's degree or equivalent experience 3 to 5 years of professional work experience
• Applied general knowledge of Compensation principles and best practices
• Advanced data analysis and spreadsheet skills
• Familiarity with HR systems, data management, and report writing

What we offer:

• Comprehensive benefits package include medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria
• A continuous learning environment with opportunities to gain new skills and grow your career

Requirements:

• All Federal Reserve Bank of Chicago employees must be fully vaccinated against COVID-19, and receive a booster shot within 30 days of being eligible to do so, unless the Bank grants an accommodation based on medical condition or sincerely held religious belief.
• As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities, and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Human Resources
Work Shift
First (United States of America)
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.
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