Senior Compensation Analyst

DescriptionThe Senior Compensation Analyst designs and manages competitive, equitable compensation programs, with a strong focus on incentive plan design and analytics. This role uses advanced analytical expertise and business insight to support consistent, data-driven pay decisions. The position partners cross-functionally with leaders and HR to analyze compensation data and develop solutions aligned with business goals and organizational needs.Here's what you can expect from the job and what you need to be successful:Job Duties:Lead analysis, modeling, and administration of incentive programs, including annual bonus and incentive/commission variable pay plansEvaluate current incentive structures and recommend enhancements that support business objectives, ensure competitiveness, and maintain internal fairnessConduct job evaluations and market pricing reviews, using survey data and market insights to recommend pay ranges and job alignmentDevelop compensation models, dashboards, and reports that translate data into actionable insights for HR and business leadersPartner with HR Business Partners and leaders to advise on compensation matters, ensuring policies and programs are consistently understood and appliedManage components of the annual compensation cycle, such as bonus calculations, salary adjustments, and structure updates, ensuring accuracy and complianceMonitor market trends, regulatory updates, and competitive practices to inform compensation program development and mitigate riskSupport participation in salary surveys and analyze survey outputs to maintain accurate, up‑to‑date market benchmarksContribute to the design and governance of compensation guidelines, tools, and communication materials that improve understanding and decision‑making. Conduct advanced pay equity analytics and partner with HR to support remediation strategiesEvaluate, propose, and implement improvements to compensation programs such as sign‑on, retention, SPOT bonuses, and incentive structuresServe as a system expert for the compensation management platform, lead enhancements, testing, audits, and user trainingInterpret compensation policies and provide guidance to HR and business leadersEssential Skills:4 to 6 years of experience in compensation and HR analytics, with demonstrated exposure to variable pay programsSolid understanding of compensation principles, including incentive plans, salary structures, job evaluation, and market pricingAbility to interpret data, identify trends, and clearly communicate findings to non‑HR audiencesExperience working with HRIS and compensation systems; proficiency in pulling, cleansing, and validating dataExcellent judgment, attention to detail, and ability to manage multiple priorities in a fast‑paced environmentStrong partnership and communication skills with the ability to influence and support leaders across the businessEducation: Bachelor's degree in Human Resources, Business, or like field (or 4 additional years of relevant experience in lieu of a degree)Certification/License: CCP preferredLocation: Hillsboro Corporate Office | Hillsboro, OR 97124 (HYBRID)Target Compensation in Hillsboro, OR: $125,000 to $140,000 + annual bonusBenefits options include:Traditional medical, dental, and vision coverage401K matching up to 5% per pay periodPaid Time Off: You’ll accrue up to 15 vacation days in your first year. In addition, you’ll receive 40 hours of sick time and 3 personal days, which refresh annually11 paid federal holidaysSpecial employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)What makes First Tech different? Click here to learn more!First Tech is not currently offering Visa sponsorship or transfer for this position