At Regions, the Compensation Analyst assists in the implementation and administration of compensation programs. The position focuses on administering defined procedures, analyses and report preparation.Primary ResponsibilitiesUnder direct supervision, administers Regions wage and salary administration programsCreates and maintains job families, job summary descriptions and data maintained at the job levelHandles all administrative tasks relating to job creation, set up and recordkeepingPerforms job audits and researches pay practices and trendsCompletes job evaluations to determine appropriate job classification in accordance with the Fair Labor Standards Act (FLSA)Provides analysis of pay structure, market-based grades, and geographic differentialsRecommends and implements associate pay structures under the guidance of manager or senior consultantPerforms job evaluations and assigns appropriate pay structureAnalyzes information to develop a conceptual understanding of job descriptions, management levels and organizational structureParticipates in salary surveysThis position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.RequirementsBachelor's degree in Human Resources, Business, Accounting, Finance, or related fieldPreferencesTwo (2) years of Compensation, Human Resources, or professional level banking experienceSkills and CompetenciesAbility to research, analyze data, and derive factsAdapts and works with a variety of situations, individuals, business leaders, and groupsAnalytical skillsAttention to detailGood communication skills both written and verbalMust be able to work under pressure with strict deadlinesOrganizational and time management skillsStrong Excel skills (i.e., formulas, pivot tables, VLOOKUP, etc.)This role will support the revenue producing lines of business – Consumer, Corporate Banking Group and Wealth Management and will develop Power Point presentations based on insights gained from analysis.This position is intended to be onsite, now or in the near future. Associates will have regular work hours, including full days in the office three or more days a week. The manager will set the work schedule for this position, including in-office expectations. Regions will not provide relocation assistance for this position, and relocation would be at your expense.This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.Regions will not sponsor applicants for work visas for this position at this time. Applicants for this position must be currently authorized to work in the United States on a full-time basis.Compensation DetailsPay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.Job Range TargetMinimum: $55,398.75 USD50th Percentile: $75,280.00 USDIncentive Pay Plans: This job is not incentive eligible.LocationBirmingham, AlabamaEqual Opportunity Employer/including Disabled/Veterans#J-18808-Ljbffr