The bank for a changing world

We are looking for

Senior Lead Compensation Partner




United States-California-San Francisco



Job function

Human Resources

Apply REF: 038615
What sets Bank of the West apart from other banks is our team members–they embody the optimistic spirit of the West. There is a spirit here that drives us to do more. Our team of more than 10,000 employees is vital to the success of our Bank. They reflect our modern western values—straightforward, entrepreneurial and optimistic. We seek to create a corporate culture that fosters and rewards excellence, encourages creative thinking and respects diversity – an environment where team members are engaged, supportive of one another and enthusiastic about serving our customers. Bank of the West offers the stability of a company that has a 135 year history and is part of BNP Paribas, a European leader in global banking and financial services and one of the 6 strongest banks in the world. We offer opportunities across our diverse business lines – Retail Banking, Commercial Banking, National Finance, and Wealth Management.

Job Description Summary

Responsible for providing the highest level of creativity and skill in compensation policy and program development and consulting support. Is assigned the most complex, highest impact projects such as large organization restructurings, major variable pay programs, and corporate mergers & acquisitions. May function as project manager or team leader.

Essential Job Functions
  • Recommend and implement Non-Executive best practice Rewards strategies in partnership with senior executives & business leaders for assigned client groups.
  • Advise executive & business leaders on a full range of Non-Executive strategic and tactical Rewards issues.
  • Conduct high visibility special projects that support strategic HR initiatives.
  • Research, recommend and document approaches to variable pay programs such as commission and incentive plans managed by Bank divisions. Act as the company’s internal partner on such projects with different levels of management. Provide expertise in the development and alignment of new variable pay programs.
  • Perform complex cost impact analyses and prepare special analyses, studies, and recommendations on subjects such as pay policies, incentive/sales compensation, bonus plans, and recognition programs.
  • Research and develop proposals for rewards policies and programs that will be reviewed and approved at top executive levels.
  • Conduct job evaluations using position analysis, job description and manager interviews. Market price jobs and make pay and FLSA recommendations.
  • Analyze impact of the integration of employees for mergers and acquisitions into the bank’s rewards programs.
Other Job Duties
  • Guide managers regarding rewards analysis, rewards programs and processes and rewards administration issues.
  • Participate in published compensation surveys and merger/acquisition work.
  • Analyze information regarding variable pay plan eligibility, targets, and accruals and review eligibility prior to management review.
  • Provides analytical or project support for BNPP or IRB requests as needed.
  • Performs other duties as assigned.

Required Experience
  • Requires mastery level knowledge of job area typically obtained through advanced education combined with experience.
  • May have deep knowledge of project management.
  • Requires 10 years minimum prior relevant experience.

  • Bachelor's Degree Business or Human Resources

  • Financial Services or Banking experience a plus.
  • Must have proven experience in the design, assessment and documentation of variable pay plans.
  • Must be able to design sales compensation plans.
  • Must have experience in participating in established compensation salary surveys . Strong knowledge of rewards practices and legal and regulatory laws related to rewards.
  • Familiarity with PeopleSoft Human Resources system or similar systems.
  • Advanced PC proficiency with Excel, Access and Word.
  • Strong interpersonal skills and written and verbal communications skills.
  • Strong planning, organizational, project management, analytical, research, negotiation, and presentation skills.

Equal Employment Opportunity Policy

Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.

Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.
Primary Location: United States-California-San Francisco Job Type: Full-time Job: Human Resources
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