About Company
First Interstate Bank is a community-focused financial institution built on a legacy of integrity, performance, and putting people first. With a strong presence across several western states and headquartered in Billings, Montana, we are dedicated to providing exceptional service to our clients while fostering a supportive and inclusive environment for our employees. We believe in empowering our team members, offering opportunities for professional growth, and making a positive impact in the communities we serve. Joining First Interstate Bank means becoming part of a team that values collaboration, innovation, and a commitment to excellence.
Job Description
We are seeking a highly analytical and detail-oriented Remote Compensation Analyst to join our dynamic Human Resources team. This crucial role will be instrumental in designing, implementing, and administering our compensation programs, ensuring they are competitive, fair, and aligned with our organizational strategy and goals. As a Remote Compensation Analyst, you will play a vital part in attracting, retaining, and motivating top talent by ensuring our compensation structures reflect market trends, internal equity, and business objectives. You will have the opportunity to work autonomously from your home office while collaborating closely with HR business partners, talent acquisition, and leadership across various departments. This position requires a proactive individual with strong analytical capabilities, an expert understanding of compensation principles, and the ability to translate complex data into actionable insights. If you are passionate about total rewards, possess a keen eye for detail, and thrive in a remote work environment, we encourage you to apply and contribute to First Interstate Bank’s continued success.
Key Responsibilities
- Conduct market pricing and competitive analysis using various compensation surveys to ensure salary ranges and total compensation packages remain competitive.
- Participate in the design, development, and implementation of base pay structures, incentive plans, and other compensation programs.
- Administer annual compensation processes, including merit reviews, bonus payouts, and long-term incentive programs.
- Analyze compensation data, create reports, and present findings to HR leadership and business partners to support strategic decision-making.
- Ensure compensation programs comply with federal, state, and local regulations, including FLSA and EEO.
- Collaborate with HR business partners and recruiters to provide guidance on job evaluations, salary recommendations, and offer letter generation.
- Manage and maintain compensation data within the HRIS, ensuring data integrity and accuracy.
- Develop and deliver compensation-related training and communication materials to employees and managers.
Required Skills
- 3+ years of experience in compensation analysis or a related HR analytical role.
- Proficiency in Microsoft Excel (advanced functions, pivot tables, VLOOKUPs).
- Strong analytical, problem-solving, and data interpretation skills.
- Excellent written and verbal communication skills, with the ability to present complex information clearly.
- Solid understanding of compensation principles, job evaluation methodologies, and market pricing.
- Experience with HR Information Systems (HRIS) and compensation survey data.
- Ability to work independently and manage multiple priorities in a remote environment.
- Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
Preferred Qualifications
- Certified Compensation Professional (CCP) designation.
- Experience with Workday or similar enterprise HRIS.
- Experience in the financial services or banking industry.
- Master's degree in a relevant field.
Perks & Benefits
- Comprehensive medical, dental, and vision insurance plans.
- 401(k) plan with company match.
- Generous paid time off (PTO) and company holidays.
- Remote work flexibility and support for a comfortable home office setup.
- Professional development opportunities and tuition reimbursement.
- Employee assistance program and wellness initiatives.
- Life and disability insurance.
- Employee banking benefits.
How to Apply
To apply for this exciting opportunity as a Remote Compensation Analyst, please click on the application link below. We look forward to reviewing your qualifications and learning more about how your expertise can contribute to our team at First Interstate Bank. Be sure to submit your resume and a cover letter detailing your relevant experience.