Candescent is the leading cloud-based digital banking solutions provider for financial institutions. We are transforming digital banking with intelligent, cloud-powered solutions that connect account opening, digital banking, and branch experiences for financial institutions. Our advanced technology and developer tools enable seamless, differentiated customer journeys that elevate trust, service, and innovation. Success here requires flexibility in a fast-paced environment, a client-first mindset, and a commitment to delivering consistent, reliable results as part of a performance-driven, values-led team. With team members around the world, Candescent is an equal opportunity employer.
Position Overview
The Compensation Consultant is responsible for designing, administering, and optimizing compensation programs to ensure market competitiveness, internal equity, and compliance with global regulations. This role partners with HR Business Partners, Talent Acquisition, Finance, and business leaders to provide expert guidance on pay decisions, conduct market analyses, and support scalable compensation frameworks across multiple geographies.
Key Responsibilities
- Program Management: Develop and maintain base pay, variable pay, and recognition programs aligned with business objectives.
- Job Architecture: Manage job families, levels, and profiles in Workday, ensuring consistency and governance.
- Market Analysis: Conduct benchmarking and pricing reviews using global salary surveys and external market data.
- Consulting & Advisory: Advise HR and business leaders on compensation philosophy, pay structures, and individual pay actions.
- Annual Cycle Execution: Lead merit, bonus, and stock processes using Workday Advanced Compensation; ensure accurate data and timely reporting.
- Analytics & Reporting: Perform compensation modeling, pay equity reviews, and deliver executive-level insights.
- Compensation & Governance: Ensure adherence to U.S. and international regulations, pay transparency laws, and internal audit requirements.
- Process Improvement: Identify opportunities to enhance tools, workflows, and reporting for efficiency and scalability.
Core Competencies
- Business and financial acumen
- Analytical rigor and problem-solving capability
- Consultative and influencing skills
- High ethical standards and confidentiality
- Ability to thrive in a fast-paced, global environment
Qualifications:
- Bachelor’s degree in HR, Business, Finance, Economics, or related field
- 3–7 years of experience in compensation or total rewards, including global market exposure
- Advanced Excel skills and experience with large datasets
- Strong knowledge of Workday HRIS and Advanced Compensation module
- High attention to detail, strong judgment, and ability to manage sensitive information with confidentiality.
- Familiarity with salary survey platforms (Mercer, Radford, WTW, etc.)
- Ability to work in hybrid environment
Preferred:
- CCP certification or progress toward certification
- Experience with pay equity analysis and global compliance
Statement to Third Party Agencies
To ALL recruitment agencies: Candescent only accepts resumes from agencies on the preferred supplier list. Please do not forward resumes to our applicant tracking system, Candescent employees, or any Candescent facility. Candescent is not responsible for any fees or charges associated with unsolicited resumes.
Top Skills
What We Do
Candescent brings together the transformative technologies that power and connect account opening, digital banking and branch solutions for banks and credit unions of all sizes. And we’re here to help you extend, differentiate and illuminate your digital-first banking experiences.
Our industry-leading products and services, cloud architecture and on-demand developer tools give you the power to differentiate and deliver seamless customer journeys.
