Compensation Analyst

Navy Federal Credit Union

Compensation Analyst at Navy Federal Credit Union responsible for compensation program design and analysis. Ensuring competitive pay structures aligned with the strategic goals of the organization.

Posted 5/29/2026full-timeVienna • Virginia • 🇺🇸 United StatesMid-LevelSenior💰 $78,400 - $123,200 per yearWebsite

Tech Stack

Tools & technologies

Tableau

About the role

Key responsibilities & impact

Maintain and update company-wide pay structures and job frameworks to support organizational growth and internal equity.
Assist in the design and management of variable incentive programs, including sales incentives, long-term incentives and bonus plans.
Develop models and determine employee and cost impact of broad base pay reviews, changes to pay practices, and other compensation-related offerings.
Work with finance and business leaders to manage and forecast the annual compensation budget, tracking and analyzing expenditures.
Deliver regular and ad hoc reports and analyses on compensation data, highlighting key trends in pay equity and market competitiveness.
Oversee MarketPay administration, including maintaining and validating MarketPay reports, managing salary survey administration and annual survey submissions, supporting market pricing activities, and owning the ongoing relationship with MarketPay and our survey vendors to ensure data integrity, system optimization, and vendor alignment.
Ensure compliance with applicable compensation regulations and maintain necessary documentation and auditing processes.
Partner closely with HR Partners, HR Business Partners, Finance, and Legal teams to provide compensation guidance and ensure alignment with business and talent strategies.
Identify opportunities to streamline and improve compensation processes and programs and makes recommendations for future initiatives.
Participate in and occasionally lead small-scale compensation projects, such as system updates, process improvements, and research initiatives.

Requirements

What you’ll need

Greater than 5 years of experience in compensation or total rewards design and analysis.
Strong understanding of compensation frameworks, incentive plans, and compliance regulations.
Proficient with analytical tools, particularly Excel; experience with Tableau or Power BI is strongly preferred.
Demonstrated experience in data analysis, including regression analysis and visualization techniques.
Strong analytical and problem-solving skills, with attention to detail and organizational abilities.
Strong communication and stakeholder management skills, able to present complex data in an understandable format.

Benefits

Comp & perks

Health insurance
401(k) matching
Flexible work hours
Paid time off
Remote work options

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

compensation designtotal rewards analysisdata analysisregression analysispay structuresincentive planspay equitymarket pricingbudget forecastingprocess improvement

Soft Skills

analytical skillsproblem-solving skillsattention to detailorganizational abilitiescommunication skillsstakeholder managementpresentation skills