Compensation Analyst

ABOUT US

Ascend is the largest credit union in Middle Tennessee and one of the largest credit unions in the United States, with over $4 billion in assets. With an occupation-based field of membership, Ascend is focused on the expansion and diversification of the select employee groups it serves, which creates greater security for the credit union and its member-owners. Approximately 650 employees serve more than 260,000 members from 27 Middle Tennessee branch locations, Regional Operations Center, Teller Center and Corporate Headquarters. Ascend recognizes that its employees are critical to the credit union’s sustained success and future growth. Our employees are the face of the credit union and their personal successes fuel the success of the team. Through collaboration between employees, management, our membership and our Board, we fuel an engine that propels the credit union forward.

WHAT WE OFFER

Thank you for your interest in a career with Ascend Federal Credit Union! Being employed by Ascend is vastly different than just holding a job. The credit union prides itself on providing employees rewarding career opportunities, competitive benefits and a unique work culture. The credit union’s commitment to its employees is fostered by its commitment to the member-owners, ensuring dedicated and engaged employees to serve the membership. Ascend’s vision to be the most loved credit union in our market by employees and members alike has earned the credit union distinctions including Federal Credit Union of the Year (NAFCU, 2015), Best Credit Union to Work For (2016-2025) and Training MVP Awards (2015-2025).

WHAT YOU WILL DO EVERYDAY

As the Compensation Analyst, you will support the design, implementation, and administration of the Credit Union's compensation programs to ensure they remain competitive, equitable, and aligned with business goals. This role is responsible for maintaining accurate employee data, conducting compensation research and analysis, administering short-term compensation programs, and supporting related projects and initiatives. The Compensation Analyst evaluates jobs, maintains job descriptions and job architecture, participates in compensation surveys, and analyzes market data, pay equity, and compensation trends. Professionalism, accuracy, and confidentiality are essential in all aspects of this role. This is a remote opportunity, must be in the Central or Eastern time zone. 

HOW YOU WILL MAKE AN IMPACT

• Support the full lifecycle of job descriptions, from initial creation to regular maintenance and updates. Ensures all descriptions accurately reflect job duties and meet compliance requirements for federal, state, and local employment laws, including the Fair Labor Standards Act (FLSA).
• Conduct job evaluations, market benchmarking, and salary surveys to ensure competitive compensation packages.
• Utilize market data and internal pay comparisons to provide compensation recommendations for new positions, internal moves, and market reviews.
• Contributes to the development, and manages the administration of salary structures, incentive plans, and equity programs.
• Assist with the annual merit, promotion, and bonus planning process.
• Provide general reporting support to People and Experience cross functional teams, as needed.
• Collaborate with Payroll to ensure accurate compensation and cost data in HRIS system.
• Monitor trends and provide recommendations for continuous improvement.
• Support audits and reporting requirements related to compensation and Total Rewards.
• Read all internal publications, including HUB and Possibilities.
• Perform other duties as assigned or required.

Please note: This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the position. The organization reserves the right to modify, add, or remove duties at any time, with or without notice, to meet business needs.

WHAT YOU WILL NEED TO SUCCEED

Education

• Bachelor's Degree Human Resources, Business Administration, Finance, or a related field is required
• Certified Compensation Professional (CAP) or progress toward certification a plus

Work Experience

• 3-5 years of professional work experience preferably in Total Rewards, HR Analytics, or Finance, preferably within a credit union is required and
• Demonstrated experience with understanding of general compensation practices including job evaluation and market pricing is required and
• Knowledge of federal and state compensation-related laws and pay equity practices is preferred

Knowledge, Skills, and Abilities

• Familiarity with compensation programs in regulated industries or financial services environments.
• Maintain discretion when handling sensitive employee and compensation data.
• Self-starter with an ability to work independently.
• Detail oriented individual with the capability of handling multiple projects at any given time.
• Strong to advanced MS Office Excel skills.
• Strong communication skills and ability to work collaboratively across departments.
• Regular, reliable attendance required.

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Ascend Federal Credit Union is an Equal Opportunity Employer.