Head of Total Rewards

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

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Job Description:

At Regions, the Head of Total Rewards has overall responsibility for the organization’s Total Rewards strategy, including all compensation, benefits, recognition and wellness initiatives and programs. This highly visible position leads a team and serves as the subject-matter expert for Total Rewards programming, best practices, innovation, compliance, and governance. This leader will work cross-functionally with the Board of Directors, executive leadership team and business group leadership as well as partner internally across Human Resources, Legal, Finance and Compliance. This position reports to the Chief Human Resources Officer.

Primary Responsibilities

• Oversees and manages all design, planning, policies, communication and implementation of Total Rewards programs and activities
• Leads cross functional teams specialized in the complex areas of compensation and manages the reporting, risk management and governance related practices
• Manages benefits programs including health, wellness and retirement programs, ensuring compliance and cost competitiveness
• Develops and implements total reward initiatives that reflect external trends, benchmarking and market analyses to drive competitive program offerings
• Serves as trusted advisor and subject matter expert related to all aspects of Total Rewards, including presentations to the Board, Compensation Committee and Executive Leadership
• Manages and ensures all Total Rewards programs and resources developed are consistent and compliant with all local, state and federal laws and regulations
• Leads periodic Total Reward activities, including merit / bonus programs, benefits enrollment, strategic / financial planning, audit assessments, regulatory reporting, etc.
• Develops and implements effective communication strategies to inform and educate employees with respect to Total Rewards programs
• Establishes and measures key Total Rewards program metrics to proactively manage and positively impact Total Rewards outcomes

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

This position is incentive eligible.

This is a single incumbent position.

Requirements

• Bachelor’s degree in Human Resources Management, Business, Management, or directly related field
• Fifteen (15) years of experience in Total Rewards, Compensation (including executive compensation) and Benefits with strategic leadership experience at the enterprise level
• Seven (7) years’ experience leading multiple teams in a high-performance environment
• Solid experience executing large scale Total Rewards strategies, initiatives and activities with proven results of effectiveness, financial efficiency and cost management

Preferences

• Advanced professional certifications in Total Rewards, Compensation, Benefits, etc. in related field(s) or equivalent is strongly preferred

Skills and Competencies

• Excellent communication, presentation, interpersonal and relationship building skills
• Expert knowledge of compensation and benefit regulations including both state and federal employment law
• Impeccable discretion and good judgement with sensitive and confidential information
• Skilled at leading teams and inspiring trust and confidence both internally and externally
• Solid experience working with HRIS systems and working with data from these systems to drive program enhancements

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

$288,484.90 USD

Median:

$386,120.00 USD

Incentive Pay Plans:

This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance.Opportunity to participate in the Long Term Incentive Plan.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

• Paid Vacation/Sick Time

• 401K with Company Match

• Medical, Dental and Vision Benefits

• Disability Benefits

• Health Savings Account

• Flexible Spending Account

• Life Insurance

• Parental Leave

• Employee Assistance Program

• Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.

https://www.regions.com/about-regions/welcome-portal/benefits

Location Details

Regions Center

Location:

Birmingham, Alabama

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.