Sr. Compensation Business Partner Job Listing at Travis Credit Union in Vacaville, CA (Job ID oFDYvfwv)

Description

Summary: The Compensation Business Partner at Travis Credit Union (TCU) serves as a strategic advisor to business leaders, delivering expertise in compensation strategy, market analysis, pay equity and sales compensation. This role collaborates closely with Human Resources to design and administer competitive, goal-aligned compensation programs that attract, retain, and reward top talent. Leveraging data-driven insights and recommendations, the Compensation Business Partner supports informed decision-making across the organization. As part of the Total Rewards team, Compensation operates as an internal Center of Excellence, aligning compensation practices with business objectives and strategic initiatives. Profile:

• Partners with HR Business Partners (HRBPs) and managers to support TCU's mission of attracting and retaining top talent through thoughtful compensation strategies.
• As part of Total Rewards, will be responsible for administering TCU's compensation philosophies, including base salary structures, incentive plans, and bonus programs.
• Serves as a key stakeholder for incentive design teams, responsible for administering sales incentive programs and earnings calculations.
• Product owner and key stakeholder in the design, implementation and administration of TCU's Incentive Compensation Management (ICM) system, programs and analytics.
• Collaborates with HRBPs, Compensation & Benefits (C&B), and business leaders in supporting the annual merit review process, including salary adjustments and promotion requests.
• Provides training and ongoing development to HRBPs and leaders on Total Rewards programs, fostering growth and understanding among people managers.
• Partnering with C&B, conducts market analyses and benchmarking initiatives to ensure TCU's compensation remains competitive, including management of salary surveys and job leveling exercises.
• Performs comprehensive pay equity analyses to identify and resolve disparities, promoting fairness and alignment with TCU's compensation philosophy.
• In partnership with C&B, is responsible for TCU job families; executes evaluations and role classification reviews to assess job complexity and determine appropriate compensation levels.
• Educates managers and employees on compensation policies, practices and rationale behind decision-making.
• Evaluates the effectiveness of compensation programs, ensuring alignment with performance and business outcomes.
• Leads high-impact compensation projects across business units to support organizational goals.
• Delivers compensation data analysis and reporting, offering actionable insights on trends and program performance.
• Continuously identifies efficient and innovative opportunities to automate and enhance compensation-related processes, driving operational excellence and scalability within Total Rewards.
• Ensures all compensation practices align with applicable labor laws and regulatory requirements

Skills:

• In-depth knowledge of compensation programs and principles.
• Knowledge of relevant employment laws and regulations.
• Experience working with compensation program design, market analysis, forecasting trends/costs and modeling outcomes.
• Strong analytical and quantitative skills with a track record of developing and delivering clear compensation insights and recommendations to stakeholders.
• Experience with designing and implementing short-term incentive plans in accordance with the company's compensation philosophy, guidelines, and/or policies.
• Experience with Incentive Compensation Management systems.
• Thorough understanding of job analyses and job descriptions.
• Demonstrated business acumen with excellent communication and presentation skills to convey complex information effectively.
• Ability to build relationships and collaborate with cross-functional teams.
• Results oriented, being able to anticipate key issues and problems and come to resolution quickly.
• Excellent attention to detail and accuracy; ability to balance multiple tasks, shifting priorities and ambiguity while remaining flexible.
• Competent in project management.

  Reporting and Experience:

• Reports directly to assigned department leadership.
• Bachelor's degree in Human Resources, Finance/Accounting, Business Economics or related field and a minimum of 8 years of progressive compensation experience; or equivalent work experience.
• Power user experience with ICM automation, including design and implementation.
• Compensation consulting experience desired.
• Certified Compensation Professional (CCP) or equivalent certification.

  Compensation: Grade 21.  Base salary starting range:  $135,941.52 annually - $167,918.40/annually is commensurate with experience. Our compensation philosophy is based on several factors such as (but not limited to) the scope and responsibilities of the position, the candidate's work experience, education/training, and key skills.  At Travis Credit Union, our priority is that our employees and their loved ones are provided with a Total Rewards program that ensures their health and welfare safety which allows our employees to focus on the financial welfare of our members and the credit unions objectives.  As such, Travis Credit Union offers a robust benefits package to our eligible employees, including competitive medical, dental, and vision insurance, mental health offerings, employee performance incentive plan, merit increases, 401(k) program with immediately vested employer match, generous holiday and vacation policy, and extensive TCU specific perks like employee loan and credit card discounts!    Travis Credit Union is an Affirmative Action Employer  EOE/Individual with Disability/Veteran Status   #traviscu  

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