The Business Controls Analyst - HR will lead the implementation and administration of compensation programs in coordination with the Vice President, Human Resources, along with building out HR’s procedures and policies for such plans, evaluating its risk and control structure, and overseeing Human Resources’ compliance responsibilities around compensation to identify and mitigate compliance risk to the credit union and its members. This includes support of regulatory change management processes within the Business Unit, as well as collaborating with the second and third lines of defense for their reviews and testing. The Business Controls Analyst – HR supports WPCU’s Compliance program daily activities by ensuring that credit union activities in Human Resources operations and benefits/compensation comply with appropriate laws and regulations, and that the Business Unit collaborates with the second and third lines of defense in working through identified issues.

Administers and conducts studies on compensation programs and completes job analysis for level setting; participates in salary surveys, pay equity projects, and analysis of market data, to ensure salary structures and compensation plans are fair, meet regulatory requirements, where applicable, are in line with policy, and incentivize the right corporate culture, and supports the three-stakeholder model. (30%)
Supports WPCU’s build out of the first line of defense within Human Resources, and leverages data and information on internal processes, procedures, and current compensation programs, against regulatory expectations and requirements, to assess organizational gaps, risks, and controls, and implement mitigating measures. (30%)
Supports WPCU’s regulatory change management process by being a dedicated resource in the Business Unit to implement new rules and regulations for human resources functions, with particular focus on compensation and performance management practices, as well as changes to existing rules and regulations, and actions items that come from enforcement actions and other regulatory guidance that impacts the Business Unit. (15%)
Ensures proper policies, procedures, risk mitigation activities, and operating controls are followed and are appropriately documented, utilized, and updated. Reports gaps in policies, procedures, and operating controls to leadership to ensure risk is mitigated. (15%)
Coordinates regulatory compliance audits and/or examinations for the HR function. (10%)

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Wright-Patt Credit Union Inc. jobs

Business Controls Analyst - HR