9 days old

Senior Compensation Analyst - 51194

Riverwoods, IL 60015
  • Job Code

At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both. We're all about people, and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.

Responsible for providing counsel and support to HR generalists, business partners, and fellow Compensation team members on Compensation-related matters, policies, practices, and/or procedures. Collaborates directly with the business to advise and execute on Compensation-related initiatives that can facilitate the achievement of each unit's immediate and long-term objectives.

  • Defines process improvement and best practice opportunities to current business/work processes. Documents new procedures and business process workflow as relates to Compensation.
  • Participates in third-party Compensation surveys and provide continual research with peer companies and similar external markets.
  • Participates in the planning and administration of formal merit increase, bonus, and long-term incentive processes.
  • Provides analytics, data, and research support to Compensation Consultants and internal clients. Works with internal partners to propose or implement compensation solutions designed to support business objectives. Assists in the design of complex compensation reports in accordance with the requirements/data elements that streamline and support compensation programs.
  • Analyzes job profiles and specifications, using strong job evaluation and leveling techniques to properly align jobs and establishes compensation parameters equitable within the organization and competitive to the market. Ensures all reviewed jobs have the proper exemption status or otherwise meet compliance and regulatory standards to include strong documentation.
  • Manages compensation projects, including writing of proposals/recommendations, implementation and maintenance of cost effective and legally compliant compensation programs and practices.
  • Adheres to and ensure compliance with regulatory agencies, internal requirements, and HR policies.

Minimum Qualifications

At a minimum, here's what we need from you:

  • Bachelor's Degree in Human Resources, Business, or related field
  • 2+ years of experience in broad-based Compensation experience with a strong understanding of job evaluation techniques
  • In lieu of a degree, 4+ years of equivalent combination of education and experience
Preferred Qualifications

If we had our say, we'd also look for:

  • 4+ years of experience in broad-based Compensation experience with a strong understanding of job evaluation techniques
  • CCP

Discover Financial Services is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran status, among other things, or as a qualified individual with a disability.



  • Banking / Finance
Posted: 2019-10-08 Expires: 2019-11-07

Welcome to Discover
We strive to be the leading direct bank and payments services company. Our mission is to help people spend smarter, manage debt better, and save more to achieve a brighter financial future.

Why Work with Us?
You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.


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Senior Compensation Analyst - 51194

Riverwoods, IL 60015

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