Compensation Analyst II

Posted 4 Days Ago
Be an Early Applicant
Hiring Remotely in US
Remote
60K-90K Annually
Junior
Fintech • Financial Services
The Role
As a Compensation Analyst II, you will support total compensation strategies, conduct job evaluations, perform market equity analysis, and assist in annual compensation processes. You will collaborate with HR partners, manage compensation tools, and analyze data to ensure competitive pay practices compliant with regulations.
Summary Generated by Built In

We invite you to explore a future with us at PRA Group, a diverse and growing company that has a tangible impact on the global economy.

Position Summary: 

Supports all aspects of total compensation ensuring alignment with business goals and objectives. Conducts job evaluation using market intelligence, internal equity and provides insight to HR partners and leaders. Supports merit/bonus/equity processes and provides procedural compensation support. .

Key  Responsibilities (other duties may be assigned):

  • Review, recommend and approve compensation inquiries/requests collaborating with HR Business Partners and Talent Acquisition team when needed.

  • Perform market and internal equity compensation evaluation and analysis to assess and communicate competitive compensation ranges that are aligned with business goals.

  • Participate in compensation surveys through job content analysis for matching survey jobs, data collection, and survey submission.

  • Supports the planning, execution and communications for the global annual compensation review process.

  • Assists with analysis and data reviews during equity and annual bonus processes.

  • Manages one or more compensation processes: Incentive Compensation Plan uploads, other recognition and one-time payments/incentive plans.

  • Supports competitive pay practices that are compliant with all federal and state requirements (i.e., FLSA, minimum wage).

  • Partner with HRIS to support and manage (i) efficiencies and testing of HRIS system and other Compensation tools and (ii) compensation related data is updated to reflect changes to salary structures, bonus programs, equity plans, etc.

  • Manages tools and technologies (Workday, PayScale, E*TRADE) to support efficiency and perform analytics.

  • Completes ad-hoc requests/projects, including researching and analyzing data, organizing data into meaningful presentation materials, drawing sound conclusions and making recommendations.

Professional Experience/Qualifications:

  • Bachelor’s degree in Compensation, HR, Business, Finance or related field or equivalent working experience

  • CCP or course work completed towards CCP preferred.

  • 2-5 years related experience or equivalent combination of education and experience

  • Strong Microsoft Office skills; advanced Excel skills preferred

  • Strong analytical and critical thinking skills, high attention to detail and well organized

  • Ability to engage effectively with all levels of the organization, including senior leaders

  • Workday experience is a plus

  • Experience supporting and preparing the Compensation Discussion & Analysis (CD&A) in the Annual Proxy Statements is a plus

  • High regard for customer service and the protection of confidential information

  • Ability to effectively present information and respond to questions from groups of managers, clients and internal customers

  • Must be able to handle multiple projects/tasks simultaneously while meeting deadlines

Salary Range:

$60,000.00 - $90,000.00

PRA Group has an effective process for assessing market data and establishing ranges to ensure we remain competitive. Actual compensation is influenced by a wide array of factors including but not limited to skill set, level of experience, specific working location and market position. This posted salary range is a good faith and reasonable estimate, and PRA Group reserves the right to adjust this range depending on the qualifications and location of the selected candidate. In addition to base salary, PRA may offer additional benefits to include performance based bonus programs and/or equity programs depending on the position. PRA offers paid time off, medical, dental, vision, 401k match, life insurance, and other benefits to assist with the physical and mental wellbeing of our employees.

All qualified applicants will receive consideration for employment regardless of age, race, color, sex, gender, religion, national origin, physical or mental disability, citizenship, or any other classes recognized by state or local law or any other characteristic protected under applicable federal, state or local law. We are a drug free workplace.

Top Skills

Excel
Workday
The Company
HQ: Norfolk, VA
1,720 Employees
On-site Workplace
Year Founded: 1996

What We Do

As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business clients.

Our employees around the world play a key role in shaping our identity. By doing things the right way for the right reasons, treating others with fairness and respect, and valuing diversity and inclusion, our employees will sustain us into the future. Our company culture is the foundation for everything we do.

Since our founding, we have been focused on making a difference. We make it a priority to strengthen the communities where we work and live. Our employees support the mission in both time and money. To enhance that generosity, we match their contributions and we honor their civic spirit with paid time off to participate in Volunteer Days.

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