SVP, Compensation
Enterprise Bank & Trust
Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large construction company that employs local people our goal is to help businesses succeed and our communities thrive.
With offices in Arizona California Florida Kansas Missouri New Mexico Nevada and Texas were strong growing and committed to supporting the communities we serve. We extend this commitment to the community to our associates offering annual paid volunteer time off and charitable-matching opportunities. Voted a Best Bank to Work For by American Banker for multiple years we offer our associates an array of benefits and the opportunity to chart their own career path with us. Join us in the pursuit of our mission to guide people to a lifetime of financial success and enjoy a career filled with professional growth opportunities interesting colleagues and the satisfaction of supporting our communities.
Together theres no stopping you!
Job Title:
SVP CompensationJob Description:
Summary
The SVP Compensation is a strategic leader responsible for designing governing and executing the Banks compensation programs including Executive Compensation to align with business strategy regulatory requirements and pay-for-performance. This role advises the EVP Human Resources and leadership partners with the Boards Human Capital and Compensation Committee and acts as the primary liaison with external consultants and legal counsel. Leads the review and implementation of compensation programs policies and procedures in order to be responsive to the companys goals and competitive practices. Assures through audits reports and other processes/interactions that company compensation programs are consistently administered in compliance with company policies and government regulations
Essential Duties & Responsibilities
Serve as primary partner to the EVP Human Resources in advising the Human Capital and Compensation Committee.
Lead the development preparation and delivery of all Compensation Committee materials including analysis recommendations and meeting agendas.
Provide expert guidance on executive compensation decisions including base salary annual incentives long-term incentives and equity awards.
Anticipate and advise on regulatory reputational and shareholder risks related to compensation decisions.
Manage and execute the annual governance calendar for executive compensation and committee activities.
Partner closely with external compensation consultants to obtain independent market data benchmarking and plan design insights to support Board decision-making.
Oversee preparation of executive compensation disclosures including the Compensation Discussion & Analysis (CD&A) and proxy statement content.
Monitors overall the effectiveness of existing compensation policies guidelines and procedures recommending plan revisions as well as new plans that are cost effective and consistent with compensation trends and company objectives.
Leads the strategy of all compensation including but not limited to executive short term incentive long term incentive commission exempt and nonexempt cash compensation programs. Ensures the processing recording and reporting of compensation-related actions taken.
Ensure compliance with all applicable regulations including SEC requirements Internal Revenue Code (including Section 409A) and banking regulatory guidance by partnering with external legal counsel and internal stakeholders.
Provide oversight and expertise related to change-in-control (CIC) provisions employment agreements deferred compensation and related arrangements.
Partners to assist with governance and execution of the Banks equity compensation plans including grant design approvals and administration
Partner with teams on advanced compensation modeling and scenario analysis including incentive payouts equity dilution cost impact budgeting forecasting and accruals.
Monitor and interpret proxy advisor guidelines (e.g. ISS Glass Lewis) and emerging market trends.
May provide advice to company management on pay decisions job evaluation and policy and guideline interpretation including the design of creative solutions to specific compensation-related issues and challenges.
Performs other duties as assigned.
Qualifications
Demonstrated ability to translate complex compensation concepts into clear concise communications for executives senior leaders and Board members.
Ability to handle highly sensitive and confidential information with the utmost discretion and integrity.
Exceptional judgment in complex high-stakes and ambiguous situations.
Ability to balance strategic thinking with deep technical expertise.
Strong collaboration and partnership across HR Finance Legal Risk and external partners.
Commitment to integrity accountability and inclusion.
Ability to operate in a fast-paced highly regulated environment requiring accuracy responsiveness and sound decision-making.
Ability to manage multiple priorities and deadlines aligned with Board regulatory and disclosure timelines.
Deep expertise in SEC disclosures proxy statements and executive compensation governance.
Strong knowledge of accounting tax and financial reporting implications related to compensation programs.
Demonstrated experience partnering with Compensation Committees and external advisors (consultants and legal counsel).
Strong understanding of Section 409A Section 16 and executive compensation regulations.
Supervisory Responsibilities
Compensation team
Education and/or Experience
1015 years of progressive experience in compensation or finance including significant executive compensation experience.
Experience within a publicly traded company and/or regulated financial institution.
Experience in finance accounting or related discipline preferred.
Experience with proxy advisory firms and shareholder engagement preferred.
Familiarity with banking regulatory guidance on incentive compensation and risk management preferred.
Computer and Software Skills
Skilled in operation of a personal computer including intermediate Microsoft Word Excel PowerPoint
Google Suite
Certifications Licenses and Registrations
CCP preferred
Equal Opportunity Statement:
Enterprise Bank & Trust is committed to helping individuals with disabilities participate in the workforce and ensuring equal opportunity to apply and compete for jobs. If you need an accommodation in order to apply for a position at Enterprise Bank & Trust please contact Human Resources at .
Enterprise Bank & Trust is committed to managing our business and community relationships in ways that positively impact our associates clients and the diverse communities where we work and are proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin age pregnancy genetic information disability status as a protected veteran or any other protected category under applicable federal state and local employment offers are contingent upon the applicant successfully completing both drug and background check you would like more information about your EEO rights as an applicant under the law please click HERE.
Required Experience:
Senior Exec
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