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Senior Compensation Analyst
Banco Mercantil. Develop and propose organizational architecture models and salary structures to address business transformations and maintain internal equity .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in developing organizational architecture models and compensation structures, with a strong focus on performance management cycles and regulatory compliance. Proficient in analyzing compensation market surveys and providing actionable insights for employee development and retention.
Highest-signal resume keywords
Organizational Architecture DevelopmentCompensation Market AnalysisPerformance Management Cycle OwnershipJob Evaluation MethodologiesVariable Compensation Modeling
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
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Hard Skills
Job Evaluation MethodologiesCompensation Market SurveysSalary ArchitecturePeople Budget ManagementPerformance Management CyclesMeritocracy KnowledgeVariable Compensation ModelingRegulatory ReportingESG Reporting
Certifications & Qualifications
Bachelor’s DegreeGraduate Degree or SpecializationMethodology Certification in Job EvaluationTotal Rewards Certification (WorldatWork/Global Rem)
Industry Keywords
Compensation ModelsSalary StructuresEmployee DevelopmentMerit Review CycleInstitutional MetricsRegulatory Compliance
About the role
Key responsibilities & impact- Develop and propose organizational architecture models and salary structures to address business transformations and maintain internal equity
- Propose changes to compensation models, assessing their financial impact and effectiveness in attracting and retaining professionals
- Help maintain external competitiveness by analyzing and consolidating compensation market surveys and studies, and recommending adjustments to salary tables and structures
- Own the performance management cycle and its impact on employee development by defining tools, preparing procedures, monitoring completion, and designing and delivering training
- Own the merit review cycle by defining guidelines and analyzing proposals for employee movements, promotions, and job-level changes to ensure technical compliance
- Consolidate institutional and regulatory metrics and reports (Reference Form, Equity Report, and GPTW), providing thorough analyses to support management decision-making
Requirements
What you’ll need- Bachelor’s degree
- Knowledge of job evaluation and job weighting methodologies
- Knowledge of compensation market surveys and salary architecture
- Knowledge of people budget management
- Knowledge of performance management cycles and meritocracy
- Knowledge of variable compensation modeling
- Knowledge of regulatory and ESG reporting
- Graduate degree or specialization is a plus
- Methodology certification in job evaluation or Total Rewards (WorldatWork/Global Rem) is a plus
Benefits
Comp & perks- Meal and food allowance (if preferred, you may receive both amounts on a single meal benefits card)
- Health insurance
- Dental insurance
- Childcare assistance
- Life insurance
- Private pension plan
- Wellhub
- Mercantil Development Academy
- Profit Sharing Plan (PLR)