Senior Compensation Analyst

Brief Description

This position is onsite in our Hauppauge, NY headquarters

Join Our Team

For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes Magazine as one of America’s Best-In-State Credit Unions in 2025, Teachers has grown into one of the nation’s leading credit unions. As we expand our reach across the country, we remain focused on being both a Best Place to Bank and a Best Place to Work. From part-time roles to executive leadership positions, Teachers offers a wide range of meaningful career opportunities.

• This position requires 4-5 days/week onsite in our Hauppauge, NY headquarters **

Summary

The Senior Compensation Analyst is responsible for the analysis and administration of compensation programs for the Credit Union, supporting employees across multiple states. The Analyst role ensures compensation practices are competitive, equitable, and compliant with federal regulations and applicable state and local wage-and-hour laws. The Analyst serves as a key advisor to HR, Finance, and business leaders on base pay, incentive programs, job architecture, and compensation risk management

Education And/or Experience

• Bachelor’s degree in human resources, or related field required or eight years directly related experience required
• Minimum five years of progressive compensation experience, preferably within financial services or a regulated, multi-state organization
• Advanced-level Excel proficiency required (e. g., v-lookups, pivot tables, if/then formulas) and the ability to consolidate and manipulate large data sets with a commitment to accuracy
• Experience in a credit union, bank, or national financial institution preferred
• Familiarity with NCUA regulations and compensation risk considerations in financial services preferred
• Certified Compensation Professional (CCP) or progress toward certification preferred
• Experience supporting pay equity analyses and regulatory compliance initiatives across multiple jurisdictions preferred

Job Responsibilities

• Supports the development, implementation, and administration of base salary, incentive, and variable compensation programs across a multi-state workforce
• Evaluates compensation programs for internal equity, market competitiveness, and alignment with organizational strategy
• Acts as a subject-matter expert and advisor to HR Business Partners and leaders on making effective pay decisions that support employee engagement and comply with compensation policy and budgetary guidelines on compensation decisions
• Provide guidance on offer pricing, counteroffers, retention actions, and geographic pay considerations
• Assists in drafting and maintaining compensation plans, policies, and employee communications
• Conducts job evaluations and market pricing using national and regional salary surveys
• Maintains salary structures, pay ranges, and job architecture to support consistency across states and business lines
• Analyzes incentive plan design, performance metrics, and payout calculations, including retail incentive plans, commission and other discretionary plans
• Partners with Finance and Payroll to ensure accurate and timely incentive payouts
• Supports plan documentation and governance to ensure clarity, consistency, and audit readiness
• Prepares compensation analyses and reporting for senior leadership, including market competitiveness, pay equity, and budget impact analyses
• Supports annual compensation cycles such as merit increases, bonus planning, and salary budgeting
• Maintains compensation data integrity within HRIS and reporting tools
• Provides recommendations related to new roles, promotions, reclassifications, and organizational design changes
• Performs other duties as needed upon request by immediate supervisor.

Benefits Of Joining The Teachers Team

We provide a competitive compensation and benefits package that includes, but is not limited to:

• This position is eligible for our annual discretionary bonus program. Some positions within the credit union also qualify for quarterly performance incentives
• Paid time off for vacation, personal days, and holidays
• 401(k) company contribution
• Teachers pays 100% of Dental \& Vision premium
• Tuition reimbursement is offered to full-time employees
• Exclusive employee discount of 0\.96% APR on credit card loans and a 1\.00% APR on all other loans through Teachers

The good faith range for this position is $100,000\.00 to $130,000\.00 annually. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.

All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.

To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers

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