HR Officer | Compensation

General Description

As an HR Officer in the Compensation Center of Excellence, you will be able to analyze, assess, design, and administer compensation policies and programs, including base pay, incentive pay, and rewards programs to support the business to meet their goals through effective talent attraction, development, and retention. This position will work on analysis referred by Talent Acquisition to manage new job analysis, offers for new or existing positions that require evaluation, job level analysis, and internal equity validation, among others.

Essential Duties and Responsibilities

Compensation Governance and Analytics

• In alignment with the Bank’s People Strategy, administer and effectively implement the organization’s compensation programs.
• Collect and analyze data to ensure that the Bank’s rewards are aligned with benchmark practices which will enable businesses to fulfill business strategy.
• Analyze components of the remuneration scheme and prepare internal equity and external competitiveness reports; and ensure all employees’ compensation is applied properly
• Monitor the Bank’s job evaluation, leveling and classification programs.
• Reviews and oversee the career path process among Job Profiles to ensure overall consistency and appropriateness of application, and compliance with established policies, procedures, and guidelines.
• Conduct job audits, evaluations classifications and grade levels and make compensation recommendations for existing employees.
• In collaboration with the Regulatory Compliance, we assist in the bank’s incentive compensation projects to comply with sales practices policy and other compliance and risk regulations.
• Define, document, and interpret talent compensation related policies with Legal and HR.
• Conduct large scale and ad hoc compensation analyses and with projects needed.
• Work closely with Talent Acquisition (TA), to understand job requirements, and provide guidance on compensation related matters for offers, internal movements, and job leveling.
• Manage with TA compensation analyses to effectively perform offers according to relevant practices, laws and regulations in a timely manner.
• Regularly ensure compensation strategies match or exceed industry standards in talent acquisition and the attraction and offering of talent.
• Collaborate with different areas of Centers of Excellence such as : Talent Acquisition, Learning and Development, and Labor Relations when needed.

Fairness and Equity

EDUCATION AND EXPERIENCE

Minimum Education

Bachelor’s Degree in : Accounting, Finance, Human Resources, Industrial Engineering, Labor Relations, or similar fields.

Experience

A minimum of five (5) years of experience in Compensation or its related practices.

GENERAL SKILLS AND REQUIEREMENTS :

Knowledge, Skills & Abilities (KSA's)

Effective Communication

Certifications / Licenses

Certifications are highly desirable but not required.

Certified Compensation Professional (CCP)

Professional in Human Resources (PHR)

Senior Professional in Human Resources (SPHR)

Important : The candidate must provide evidence of academic preparation or courses related to the job posting, if necessary.

Important : The candidate must provide evidence of academic preparation or courses related to the job posting, if necessary.

ABOUT US

Popular is Puerto Rico’s leading financial institution and have been evolving since it was founded over a century ago. From a small bank it has developed into a large corporation that offer a wide variety of services and financial solutions to our customers, with presence in the United States, the Caribbean and Latin America.

As employees, we are dedicated to making our customers dreams come true by offering financial solutions in each stage of their life. Our extensive trajectory demonstrates the resiliency and determination of our employees to innovate, reach for the right solutions and strongly support the communities we serve; therefore, we value their diverse skills, experiences and backgrounds.

We reaffirm our commitment to always offer essential financial services and solutions for our customers and communities, including during emergency situations and / or natural disasters. Popular’s employees are considered essential workers, whose role is critical in the continuity of these important services even under such circumstances. By applying to this position, you acknowledge that Popular may require your services during and immediately after any such events.

If you have a disability or need more information about requesting an accommodation, please contact us at asesorialaboral@popular.com . This email inbox is monitored for such types of requests only . All information you provide will be kept confidential and will be used only to the extent required to provide needed exemptions or reasonable accommodations. Any other correspondence will not receive a response.

Are you ready for a rewarding career?

Popular is an Equal Opportunity Employer

Learn more about us at www.popular.com and keep updated with our latest job postings at www.jobs.popular.com .

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