Job Title:SVP, Compensation
Job Description:SummaryThe SVP, Compensation is a strategic leader responsible for designing, governing, and executing the Bank's compensation programs, including Executive Compensation, to align with business strategy, regulatory requirements, and pay-for-performance. This role advises the EVP, Human Resources and leadership, partners with the Board's Human Capital and Compensation Committee, and acts as the primary liaison with external consultants and legal counsel. Leads the review and implementation of compensation programs, policies and procedures in order to be responsive to the company's goals and competitive practices. Assures through audits, reports and other processes/interactions that company compensation programs are consistently administered in compliance with company policies and government regulations
Essential Duties & Responsibilities- Serve as primary partner to the EVP, Human Resources in advising the Human Capital and Compensation Committee.
- Lead the development, preparation, and delivery of all Compensation Committee materials, including analysis, recommendations, and meeting agendas.
- Provide expert guidance on executive compensation decisions, including base salary, annual incentives, long-term incentives, and equity awards.
- Anticipate and advise on regulatory, reputational, and shareholder risks related to compensation decisions.
- Manage and execute the annual governance calendar for executive compensation and committee activities.
- Partner closely with external compensation consultants to obtain independent market data, benchmarking, and plan design insights to support Board decision-making.
- Oversee preparation of executive compensation disclosures, including the Compensation Discussion & Analysis (CD&A) and proxy statement content.
- Monitors overall the effectiveness of existing compensation policies, guidelines and procedures, recommending plan revisions as well as new plans that are cost effective and consistent with compensation trends and company objectives.
- Leads the strategy of all compensation, including, but not limited to executive, short term incentive, long term incentive, commission, exempt and nonexempt cash compensation programs. Ensures the processing, recording and reporting of compensation-related actions taken.
- Ensure compliance with all applicable regulations, including SEC requirements, Internal Revenue Code (including Section 409A), and banking regulatory guidance by partnering with external legal counsel and internal stakeholders.
- Provide oversight and expertise related to change-in-control (CIC) provisions, employment agreements, deferred compensation, and related arrangements.
- Partners to assist with governance and execution of the Bank's equity compensation plans, including grant design, approvals, and administration
- Partner with teams on advanced compensation modeling and scenario analysis, including incentive payouts, equity dilution, cost impact, budgeting, forecasting and accruals.
- Monitor and interpret proxy advisor guidelines (e.g., ISS, Glass Lewis) and emerging market trends.
- May provide advice to company management on pay decisions, job evaluation, and policy and guideline interpretation, including the design of creative solutions to specific compensation-related issues and challenges.
- Performs other duties as assigned.
Qualifications- Demonstrated ability to translate complex compensation concepts into clear, concise communications for executives, senior leaders, and Board members.
- Ability to handle highly sensitive and confidential information with the utmost discretion and integrity.
- Exceptional judgment in complex, high-stakes, and ambiguous situations.
- Ability to balance strategic thinking with deep technical expertise.
- Strong collaboration and partnership across HR, Finance, Legal, Risk, and external partners.
- Commitment to integrity, accountability, and inclusion.
- Ability to operate in a fast-paced, highly regulated environment requiring accuracy, responsiveness, and sound decision-making.
- Ability to manage multiple priorities and deadlines aligned with Board, regulatory, and disclosure timelines.
- Deep expertise in SEC disclosures, proxy statements, and executive compensation governance.
- Strong knowledge of accounting, tax, and financial reporting implications related to compensation programs.
- Demonstrated experience partnering with Compensation Committees and external advisors (consultants and legal counsel).
- Strong understanding of Section 409A, Section 16, and executive compensation regulations.
Supervisory ResponsibilitiesEducation and/or Experience- 10-15+ years of progressive experience in compensation or finance, including significant executive compensation experience.
- Experience within a publicly traded company and/or regulated financial institution.
- Experience in finance, accounting, or related discipline preferred.
- Experience with proxy advisory firms and shareholder engagement preferred.
- Familiarity with banking regulatory guidance on incentive compensation and risk management preferred.
Computer and Software Skills- Skilled in operation of a personal computer, including intermediate Microsoft Word, Excel, PowerPoint
- Google Suite
Certifications, Licenses, and Registrations 
