Descripción del trabajo

Date Active

May 20, 2022 12:56:37 PM

Requisition #

22-1596

Hours Per Week

40

Location

1 N Broadway-NY111

City

White Plains

State

New York

Job Description/ Requirements

If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer. 

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

 

Leads the design, development and administration of Commercial incentive compensation plans for Commercial Banking including core sales plans and specialty business plans. Manages the formulation and administration ensuring plans are market driven and aligned to business objectives.  Ensure plans remain aligned to current market trends through use of benchmarking and external data while aligned to business outcomes and strategic objectives.  Partners with business management. Staff may consist of compensation consultants or compensation analysts.

 

Responsibilities:

 

  • Oversee formulation, management, design and administration of Commercial Banking compensation plans and programs including base pay and variable pay. 
  • Manage the administration of Commercial sales compensation programs including base pay, short- and long-term incentive, stock, and perquisites.
  • Work in concert with President, Commercial Banking and SVP Commercial Strategy & Administration to ensure plans are market driven and aligned to Commercial strategies and desired business outcomes. 
  • Works closely with sales leaders, Strategy & Analytics team, and Corporate Compensation team to ensure efficient processes are in effect with appropriate controls and oversight.
  • Works in close partnership with FP&A team on financial planning for incentive compensation.

 

Educations, Experience & Skills:

 

  • Bachelor's Degree in Finance, Business, Accounting or other related field required; advanced degree preferred.
  • 8+ years of progressively responsible experience in incentive compensation or other relevant analytical work.
  • Effective leadership skills.
  • Strong analytical and problem-solving skills.
  • Knowledge of laws and regulations affecting compensation practices and policies.

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Instrucciones de aplicación

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