Senior Compensation Analyst

Senior Compensation Analyst

Mechanics Bank is currently searching for a Senior Compensation Analyst to join our team. This role can work onsite in Irvine, CA or Walnut Creek, CA.

The Senior Compensation Analyst is a key member of the Total Rewards team, responsible for analyzing, designing, and administering compensation programs across the organization. This role partners with HR and business leaders to provide expert guidance on pay decisions, market competitiveness, and job architecture. The analyst leads complex compensation projects, conducts advanced data modeling, and ensures compliance with regulatory requirements and pay equity standards. Acting as a subject matter expert, the position drives process improvements and delivers insights that support strategic talent and compensation decisions.

What you will be doing :

• Partner with Talent Acquisition and HR teams to provide compensation analysis and recommendations for new hires, promotions, and market adjustments.
• Conduct complex compensation studies, modeling, and reporting to support strategic decisions.
• Maintain salary structures and job architecture, including job evaluations, FLSA determinations, and organizational updates in HRIS.
• Support annual compensation review cycles, incentive plans, and equity administration.
• Ensure compliance with pay equity laws and regulatory requirements through annual audits and recommendations.
• Participate in compensation surveys and analyze market data to inform pay strategies.
• Collaborate with Payroll, vendors, and auditors on compensation-related projects.
• Provide guidance and mentorship to junior analysts and contribute to process improvements.

Who you are :

Salary : $100,000 - $150,000 annually

AIP / Bonus : up to 15%

Our comprehensive employee benefits program is designed for you to live your best life at work, home, and everywhere in between. Employees working 25 hours or more per week are eligible for health benefits effective the first day of the month following or coinciding with their date of hire. Benefits package includes :

Final compensation package will be determined by the work experience, education, and / or skill level of the applicant along with internal equity and alignment with geographic market data.

Mechanics Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, religion, national origin, age, genetic information, veteran status, or on the basis of disability, gender identity, sexual orientation or other bases prohibited by applicable law.