Senior Compensation Analyst - Total Rewards US Region Job at Canadian Imperial Bank of Commerce, Chicago, IL

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  • Canadian Imperial Bank of Commerce
  • Chicago, IL

Job Description

Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

What you'll be doing

Are you passionate about compensation and total rewards? Do you thrive in a role where you can use your analytical skills to drive meaningful insights and contribute to a high-performing team? At CIBC, we are looking for a Senior Compensation Analyst within our Total Rewards team to play a key role in supporting our compensation programs and processes.

As a Senior Compensation Analyst, youll provide critical project and program support to the Total Rewards team. Youll work on assignments that require analytical rigor and attention to detail, preparing regular reports and analyses to inform decision-making.

This role will allow you to dive deep into data, identify trends, and ensure the integrity of our compensation processes. Youll also have the opportunity to engage in market research and surveys, helping us stay competitive in the industry.

At CIBC, we believe in creating an environment where you can thrive. This role is hybrid, with 2-3 days per week in the office, giving you the flexibility to balance work and life while staying connected to your team.

How you'll succeed

  • Conduct Analysis: Perform regular analysis and prepare detailed reports that summarize findings for the business and the Total Rewards team. Your insights will help shape our compensation strategies.

  • Ensure Data Integrity: Use your keen eye for detail to identify and address data integrity issues through monthly and quarterly reporting.

  • Participate in Market Research: Engage in industry and ad hoc custom surveys to gather valuable market data and insights.

  • Support Compensation Processing: Assist in the administration of compensation programs, including job evaluations, benchmarking, and ensuring alignment with market data.

  • Collaborate Across Teams: Partner with HR colleagues and business leaders to provide guidance on total rewards-related matters and address inquiries.

  • Ensure Compliance: Stay up-to-date on relevant laws, regulations, and industry standards to ensure our compensation practices remain compliant.

Who you are
  • Experienced Professional: You bring 2-3 years of experience in compensation practices, including knowledge of relevant laws and regulations. Experience in finance or financial services is preferred.

  • Tech-Savvy: Extensive experience in Excel and Workday. Familiarity with PayScale/MarketPay is a strong asset.

  • Analytical Thinker: You excel at interpreting data, solving complex problems, and providing actionable insights.

  • Detail-Oriented: You understand that accuracy is critical, and you pride yourself on your ability to focus on the finer details.

  • Collaborative Team Player: You thrive in a team environment and believe in the power of collective success.

  • Proactive Self-Starter: Youre adaptable, eager to learn, and ready to take initiative in a dynamic work environment.

  • Values-Driven: You bring your authentic self to work and embody our core values of trust, teamwork, and accountability.

  • Educational Background: You have a Bachelors degree in Human Resources, Business Administration, or a related field.

At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $70,000 - $90,000 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan, which also may include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employees needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave, and Vacation), Holidays, and 401(k), in addition to other special perks reserved for our team members.

Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.

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What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

  • We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

  • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com

  • You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

  • We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

IL-120 S LaSalle St, 8th Fl

Employment Type

Regular

Weekly Hours

40

Skills

Business Objectives, Communication, Compensation Plans, Long Term Planning, Office Administration, Personal Initiative, Reporting and Analysis, Rewards Programs
#J-18808-Ljbffr

Job Tags

2 days per week, 3 days per week,

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