Compensation Analyst

A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. When you choose a career with CoBank, you make a difference by standing for something that matters. In order to be the best, we hire the best!

Remarkable Benefits Offered by CoBank

• Careers with a purpose. Stand for something!
• Time-Off Packages, boasting over 15 days of vacation, 10 paid sick days and 11 paid holidays
• Competitive Compensation & Incentive
• Hybrid work model: flexible arrangements for most positions
• Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• Robust associate training and development with CoBank University
• Tuition reimbursement for higher education up to $10,000 per year
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution
• Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups: creating a culture of diversity and inclusion
• Recognize a fellow associate through our GEM awards

Supports the business to recruit, retain and engage associates through various compensation plans such as base salaries or wages, short-term incentive plans, and long-term incentive plans. Oversees the daily transactional review of compensation-related inquiries and requests. Implementation and execution of an appropriate employee compensation structure. Maintains new job titles and conducts reclassification of roles. Participates in salary surveys. Works in partnership with the rest of the Human Resources team and business units within CoBank.

• Conduct job evaluations and analyze salary surveys to appropriately level roles within CoBank’s salary structure
• Create and update job descriptions to ensure they accurately reflect the responsibilities and requirements of each position evaluated.
• Determine Fair Labor Standards Act (FLSA) and Equal Employment Opportunity (EEO) classification for new and current positions in partnership with legal.
• Provide and interpret data analysis for market competitive assessments and cost estimates.
• Analyzes data and prepares statistical reports related to job review activities, salary equity issues, and trend analysis.
• Maintains systems of record for Compensation and Retirement team.
• Participates in yearly compensation surveys to ensure market competitiveness
• Researches and directly responds to managers' complex pay-related questions.
• Assists Compensation team with Year-End Merit & Bonus and yearly promotional cycle.
• Creates and maintains standard compensation reports, ad hoc reports, and queries.
• Conducts information searches pertaining to salaries, job classifications, and other requests.
• Assist with identifying opportunities to enhance or improve business processes and documentation of team procedures.
• Preparation of reports and presentations for team meetings.
• Manage data hygiene for compensation and retirement within internal data systems and their corresponding vendor application systems.
• Performs other related duties as assigned.

• Bachelor's Degree required
• Master's Degree preferred

• 2 years of compensation experience required
• 1 year of retirement plan experience preferred
• Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy.
• Familiarity with data visualization tools (e.g., Tableau, Power BI) and techniques.
• Advanced Microsoft Excel skills
• CCP and PHR certifications preferred.
  
  

Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

The typical base pay range for this role is between $77,951 - $98,354. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.

The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.

REASONABLE ACCOMMODATION

We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing recruiting@cobank.com. Include your contact information and specific details about your requested accommodation.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

CoBank is an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.