Compensation Specialist (Human Resources)
Company: Bank of Hawaii
Posted on: July 14, 2019
Does this sound like you?
Are you ambitious? Want to make a difference in people's lives? Do
you thrive in an environment that leverages your abilities as a
fast learner, good listener, and problem-solver? If you love
challenges, relish complexity, and have moxie, consider applying
your unique talents with a Hawaii banking leader - Bank of Hawaii.
Here you can be at the forefront of whatever you do. Welcome to
A day in your life as a Compensaion Specialist
Under the direction of the Manager, this position is responsible
for the job evaluation process and assisting with the execution of
compensation programs for Bank of Hawaii. The Compensation
Specialist assists managers and business units across the
organization with various compensation processes and procedures. If
applicable or appropriate, assists with business unit's compliance
with applicable laws, regulations, regulatory requirements and Bank
policies and procedures, including but not limited to those related
to Fair Banking, Anti-Money Laundering laws and regulations, Bank
Secrecy Act and USA PATRIOT Act.
We'll give you these important responsibilities---
Manages the overall job evaluation process. Reviews, analyzes and
recommends leveling of positions and overall job and pay structure
for the Bank. Gathers information from various external and
internal sources to perform comparative analysis. Works with
managers and business units to revise and complete evaluations and
position narratives on a timely basis.
Builds relationships with managers and departments to understand
department structure, goals and business objectives. Analyzes
market data for individual positions, job families, departments,
etc. to help drive internal and external business decisions. Leads
as project manager on the annual performance review process for the
Provides support for various compensation programs and processes.
Reviews and compiles variable pay plan information for executive
reporting. Works with variable pay plan owners/administrators and
Payroll to manage pay codes as needed and processes incentive plan
Participates and takes an active leadership role in
Performs ad hoc reporting of total compensation information as
requested. Conducts research for issue resolution and makes
recommendations for streamlining processes and procedures.
Performs all other miscellaneous responsibilities and duties as
---if you come to us with these qualifications---
Bachelor's degree with major in business or related subject
preferred, or equivalent work experience.
HR Certification preferred.
Minimum 3 years of compensation experience or related work
Must have understanding of general accounting practices.
Additional human resources experience in other areas and/or in
financial services industry helpful.
Demonstrated proficiency with personal computers and Microsoft
applications (Outlook, Word, Excel, Access and PowerPoint) or
Knowledge of or ability to use Bank software and systems.
Requires intermediate work sheet skills and the ability to
replicate intermediate level formulas.
Previous experience with Lawson or similar HRIS preferred.
Other Job Qualifications:
Demonstrated verbal and written communication skills.
Must be analytical, detail oriented, organized.
Must be able to meet tight deadlines and manage multiple
Must be able to work across divisions and departments and build
strong working relationships with managers.
Requires business acumen sufficient to understand how positions
function relative to each other in each business unit and across
Able to work independently with minimal supervision or
Able to work flexible hours including weekends and evenings as
needed or assigned.
Bank of Hawaii
In 1897, Bank of Hawaii was the first chartered and incorporated
bank in the Republic of Hawaii. We've been here from territorial
days, growing and changing with Hawaii. Today, we are the largest
independent bank in Hawaii - a result of knowing our business and
community, and always staying ahead of change. We are constantly
finding creative ways to deliver leading edge financial services to
our customers. Now, we're embracing change with our new 21st
It's our people who help us succeed in offering first class service
and products to our customers. As a member of the Bank of Hawaii
community, you will be among the very best in your profession in an
environment that places a high value on integrity, innovation and
teamwork. People who are agile, savvy, forward-thinking and
entrepreneurial can learn and grow with us.
All qualified applicants will receive consideration for employment
and will not be discriminated against on the basis of any legally
protected classification including race, color, religion, sex,
sexual orientation, gender identity, national origin, age,
disability, or protected veteran status. Bank of Hawaii takes
affirmative action in support of its policy to advance in
employment legally recognized individuals including minorities,
women, protected veterans and individuals with disabilities.
Keywords: Bank of Hawaii, Honolulu , Compensation Specialist (Human Resources), Human Resources , Honolulu, Hawaii
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