Senior Compensation and Incentive Analyst

Discover. A brighter future.

With us, you'll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors : We Play to Win, We Get Better Every Day & We Succeed Together.

And we mean it - we want you to grow and make a difference at one of the world's leading digital banking and payments companies.

We value what makes you unique so that you have an opportunity to shine.

Come build your future, while being the reason millions of people find a brighter financial future with Discover.

Job Description :

Responsible for providing counsel and support to HR partners, and team members on compensation related matters, policies, practices and / or procedures.

Collaborates directly with the business to advise and execute on comp-related initiatives that can facilitate the achievement of each unit's immediate and long-term objectives.

Provides support to the business areas in administering non-corporate incentive plans and programs. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

Responsibilities :

Analyzes job profiles and specifications using job evaluation and leveling techniques to properly align jobs and establishes compensation parameters equitable within the organization and competitive to the market.

Ensures jobs have the proper exemption status or otherwise meet compliance and regulatory standards to including documentation.

Provides analytics, data, and research to support compensation team members, internal clients, as well as support for other compensation projects as needed.

Works with internal partners to propose or implement compensation solutions designed to support business objectives. Assists in the design of complex compensation reports in accordance with the requirements / data elements that streamline and support compensation programs.

Adheres to and ensure compliance with regulatory agencies, internal requirements and HR policies.

• Participates in the planning and administration of formal merit increase, bonus and long-term incentive processes.
• Defines process improvement and best practice opportunities to current business / work processes. Documents new procedures and business process work flow as relates to compensation.
• Backup to Compensation Consultants to help support client groups as needed.
• Provides support to the business areas in administering non-corporate incentive plans and programs and ensuring compliance with relevant policies.
• Participates in third party compensation surveys and provide continuous research with peer companies and similar external markets.

Minimum Qualifications

At a minimum, here's what we need from you :

• Bachelor's Degree in Human Resources, Business Administration and Management, or related field
• 4+ years of experience in Compensation, finance or Related
• In lieu of a degree, 8+ years of experience in Compensation, finance or Related

Preferred Qualifications

If we had our say, we'd also look for :

6+ years of experience in Compensation, finance or Related

Application Deadline :

The application window for this position is anticipated to close on Jun-30-2024. We encourage you to apply as soon as possible.

The posting may be available past this date, but it is not guaranteed.

Compensation :

The base pay for this position generally ranges between $65,000.00 to $109,800.00. Additional incentives may be provided as part of a market competitive total compensation package.

Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.

Benefits :

We also offer a range of benefits and programs based on eligibility. These benefits include :

• Paid Parental Leave
• Paid Time Off
• 401(k) Plan
• Medical, Dental, Vision, & Health Savings Account
• STD, Life, LTD and AD&D
• Recognition Program
• Education Assistance
• Commuter Benefits
• Family Support Programs
• Employee Stock Purchase Plan

Learn more at mydiscoverbenefits.com.

What are you waiting for? Apply today!

All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.

Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status.

Know Your Rights & Pay Transparency Nondiscrimination Provision)

Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations.

If you require a reasonable accommodation to search for a position, to complete an application, and / or to participate in an interview, please email HireA redacted .

Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.