Total Rewards Specialist

Posted 4 Days Ago
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Pittsburgh, PA
Senior level
Financial Services
The Role
Manage total rewards processes, including compensation and benefits administration, HRMS management, and compliance activities while collaborating with HR and IT teams.
Summary Generated by Built In

Position Summary

The Total Rewards Specialist will be responsible for key total rewards processes and daily functions of the Human Resources department across functional areas with a specific focus on compensation program execution. This individual’s responsibilities may also include annual compensation cycle administration, incentive compensation administration, retirement benefit administration, benefits reconciliations, open enrollment, health and welfare benefit administration, and coordination with payroll, as well as managing other projects and priorities as assigned.

Primary Success Factors

  • Partners with HR personnel on employee onboarding and offboarding processes with a focus on new hire compensation, payroll and benefits orientation and organizational change administration.  Works closely with other HR personnel in new hire and separation processing, including Workday administration, coordination and scheduling of new hire onboarding sessions, facilitation of new employee orientation and conducting exit interviews.  Leverages technology to streamline the new employee experience and drives continuous process improvement.

  • Collaborates with the Director, Total Rewards in the administration of total reward programs including: base  and incentive compensation administration,  leave management, retirement benefits, payroll, etc.) to ensure seamless transition throughout employee life cycle.

  • Responsible for specific compensation and benefits programs and processes including job profiles/descriptions, job benchmarking/evaluation, execution of both annual and ad hoc compensation changes, benefits program communications and training and Workday administrative processes.

  • Serves as a backup on benefit administration, recordkeeping and system maintenance

  • Backs up the creation, implementation, and communication of total rewards related learning programs to meet functional and/or organizational needs. Identifies and fulfills training needs through working with leadership and department managers.

  • Manages and maintains Workday HCM modules including, Compensation, Benefits, Leave Management. Leads efforts to implement and improve new functionality and support testing during bi-annual releases.  Generates and analyzes metrics, evaluations, pulse surveys and status reports.  Identifies opportunities for continuous improvement.

  • Works closely with HR and IT department team members as well as system vendors in continuous improvement and simplification of HR processes.

  • Assists the Director, Total Rewards with Bank-wide compliance activities such as risk assessments, incident reporting and resolution, vendor management, and business continuity.

  • Manages specific projects as determined in the annual HR operational plan and participates in functional and cross-functional initiatives.

  • Accurately and responsively responds to all leadership and staff concerns and questions, referring issues to other HR personnel as appropriate.

Required Experience

  • Bachelor’s degree in human resources or business or equivalent work experience

  • Minimum of five years of experience in Human Resources

  • PHR/SHRM-CP or compensation/benefits certifications preferred

  • Knowledge of federal, local and state employment laws and understanding of general human resources policies and procedures

  • Experience in compensation and benefits administrative process, in a fast paced, service oriented environment

  • Experience in HRMS administration and application tracking system; experience with Workday HCM including compensation, benefits and onboarding is preferred

  • Able to operate computerized and standard office equipment.                                

  • Advanced proficiency in Microsoft Office Suite, including MS Excel, PowerPoint and Word.

  • Conscientious, organized, passion for high quality detailed oriented work.

  • High level of self-initiative; strong prioritization skills and works with minimal supervision.

  • Exceptional written and verbal communication skills, including preparation of presentations.

  • Fast learner who enjoys a fast-paced environment with a variety of tasks and processes.

  • Enjoys working collaboratively as team player.

  • Continuous improvement mindset; looks for ways to do more with less.

  • Results oriented with a track record of success in delivering on business objectives.

  • Highly flexible and adaptable in the face of changes in work, tasks, priorities, and processes.

  • High level of service orientation with the interest in and ability to progress within human resources.

  • Ability to develop and maintain credible professional relationships with colleagues and vendors in order to achieve business goals.

It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, religion, color, sex, national origin, age, disability status, genetic information, veteran's status, ancestry, sexual orientation or status as a parent as defined by applicable law. It is the Bank's policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.

Top Skills

Excel
Microsoft Office Suite
Workday Hcm
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The Company
HQ: Pittsburgh, PA
231 Employees
On-site Workplace
Year Founded: 1932

What We Do

FHLBank Pittsburgh provides reliable funding and liquidity to its member financial institutions, which include commercial and savings banks, community development financial institutions, credit unions and insurance companies in Delaware, Pennsylvania and West Virginia. FHLBank products and resources help support community lending, housing and economic development. As one of 11 Federal Home Loan Banks established by Congress, FHLBank has been an integral and reliable part of the financial system since 1932. Learn more by visiting www.fhlb-pgh.com.

Interested in working at FHLBank Pittsburgh?

Whether you’re a recent grad, seasoned professional or just planning your next career move, the Bank may be your gateway to professional challenge, advancement and success. We differentiate ourselves through our talent in the areas of information technology, capital markets, sales and marketing, risk, finance, internal audit, and operations and support. Check out all of our current employment opportunities at www.fhlb-pgh.com.

Although our asset size is large, we enjoy a small-company atmosphere. We also offer competitive salaries, incentive opportunities, benefits, and a reward and recognition program, and are committed to creating a diverse workforce. A major city with small-town appeal, Pittsburgh is consistently ranked as one of America’s most livable cities.

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