Senior Compensation Analyst – Compensation Programs

🕒 September 2

🇺🇸 United States – Remote

💵 $84.9k - $108.2k / year

⏰ Full Time

🟠 Senior

🧐 Analyst

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Velera

1001 - 5000 employees

💼 Consulting

📣 Marketing

💳 Fintech

Consulting • Marketing • Fintech

Velera is a company that provides a wide range of solutions for financial institutions, focusing on payment and banking technology. The company offers services in digital card issuance, digital wallets, and provides a co-op pay network and ATM terminal driving. Velera integrates sophisticated scoring and decision-making tools for fraud prevention and identity authentication. It also offers strategic consulting services for growth and marketing. Velera positions itself as a partner in digital banking and financial technology innovation.

📋 Description

• Oversee and support administration and execution of annual merit planning, incentive and bonus planning, and performance management processes. • Coordinate Workday system configuration, testing, governance, reporting, communications, and stakeholder support. • Serve as primary administrator and subject matter expert for Workday compensation and performance management processes. • Develop and maintain project plans, timelines, deliverables, documentation, job aids, training materials, leadership resources, and employee communications. • Monitor program execution and improve efficiency, effectiveness, and user experience. • Produce standard and ad hoc reports, dashboards, and analyses for decision-making, program evaluation, and compliance. • Partner with HR Business Partners, Payroll, Talent Acquisition, and business leaders to troubleshoot issues and ensure program delivery. • Support salary structure updates, market pricing, compensation analyses, audits, compliance, regulatory reporting, and governance. • Serve as backup support for executive compensation administration, including LTI, DCP, and SERP processes. • Support special projects involving compensation, performance management, human capital programs, Workday enhancements, process automation, and organizational initiatives. • Perform other duties, analyses, and projects as assigned.

🎯 Requirements

• Bachelor’s degree in human resources, Business Administration, Finance, or a related field required, or an equivalent combination of education and relevant experience. • 7+ years of progressive compensation experience, including program administration, market pricing, and compensation consulting required. • Minimum 3 years’ experience serving in a senior-level compensation role required. • Minimum 2 years’ Executive Compensation experience preferred. • Experience leading annual compensation planning processes (annual merit, bonus, performance management) and compensation-related projects required. • Experience partnering with senior leaders and HR stakeholders on complex compensation matters required. • Workday experience required. • PowerBi experience a plus. • Must be authorized to work in the United States; this role is currently not eligible for sponsorship.

🏖️ Benefits

• Competitive wages • Medical with telemedicine • Dental and Vision • Basic and Optional Life Insurance • Paid Time Off (PTO) • Maternity, Parental, Family Care • Community Volunteer Time Off • 12 Paid Holidays • Company Paid Disability Insurance • 401k (with employer match) • Health Savings Accounts (HSA) with company provided contributions • Flexible Spending Accounts (FSA) • Supplemental Insurance • Mental Health and Well-being: Employee Assistance Program (EAP) • Tuition Reimbursement • Wellness program • Remote-first, flexible environment

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