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Compensation Specialist (Human Resources)

Company: Bank of Hawaii
Location: Honolulu
Posted on: July 14, 2019

Job Description:

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 your tomorrow!

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 Bank.

  • 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 payments biweekly.

  • Participates and takes an active leadership role in department/division/corporate responsibilities/projects.

  • 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 assigned.

    ---if you come to us with these qualifications---

    Education:




    • Bachelor's degree with major in business or related subject preferred, or equivalent work experience.

    • HR Certification preferred.


      Experience:




      • Minimum 3 years of compensation experience or related work experience.

      • Must have understanding of general accounting practices.

      • Additional human resources experience in other areas and/or in financial services industry helpful.

        Technical Skills:




        • Demonstrated proficiency with personal computers and Microsoft applications (Outlook, Word, Excel, Access and PowerPoint) or similar software.

        • 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 projects.

          • 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 the Bank.

          • Able to work independently with minimal supervision or direction.

          • 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 century banking.

            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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