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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Founded in 1952, TFCU is a not-for-profit, member-owned financial institution which exists to serve our members. TFCU provides personal financial services to more than 228,000 members and with over $4.8 billion in assets, we are one of the largest credit unions in the country. TFCU has 27 Suffolk County branch locations, with the latest in technology to provide up-to-the-minute financial assistance and security.
Membership Eligibility: All Long Islanders* can bank at TFCU
TFCU now offers financial services to all people and businesses located in Nassau and Suffolk* Counties.
More Information
TFCU Mission Statement
TFCU is a not-for-profit, member-owned financial institution that exists to serve its members. We will provide them with exceptional value and service by hiring action-oriented people who share our passion for business and our goal of exceptional member service. We will ensure our success by improving continuously, never being satisfied with the status quo and never slowing down.
TFCU is an EOE AA M/F/Vet/Disability
Drug Free Environment.