--- title: Senior Compensation & Benefits Specialist description: Municipal Credit Union is hiring for the Senior Compensation & Benefits Specialist role in New York, NY. See the full description and apply. type: job url: https://www.foundrole.com/jobs/senior-compensation-and-benefits-specialist-at-municipal-credit-union-01a1c5d9-0d48-739f-8daf-51d7c0807415 date: 2026-11-11T01:15:29Z og_description: Join Municipal Credit Union as Senior Compensation & Benefits Specialist in New York, NY. Pays $99.8K–$134.7K per year. Full-time role. og_image: https://www.foundrole.com/og/k5ftjs.png breadcrumbs: - label: Home url: https://www.foundrole.com/ - label: Search url: https://www.foundrole.com/jobs --- | | | |---|---| | **Company** | Municipal Credit Union | | **Location** | New York, NY | | **Salary** | $99.8K/yr - $134.7K/yr | | **Type** | Full Time | | **Posted** | Nov 10, 2026 | ## Is this job real? **Ghost job check:** A · Low risk. Probably a real opening. ## Visa sponsorship - **H-1B:** No H-1B sponsorship on record for Municipal Credit Union. - **E-Verify:** No E-Verify enrollment on record for Municipal Credit Union. ## Pay for similar jobs Most similar jobs pay $56,000 – $94,000 a year (median $60,000). ## Description **About MCU:** At Municipal Credit Union, we believe that an incredible culture helps create a happy and motivated team that works hard to achieve the best results for themselves and their members. For more than 100 years, MCU has provided affordable financial products and convenient services to a membership base that is now comprised of over 600,000 individuals. With each new generation we have the pleasure of interacting with, we maintain the credit union promise of people helping people. **Our Mission:** To help hard-working New Yorkers build better tomorrows **Our Vision:** Be New York's most loved financial institution by helping our members build their best financial futures **Overview:** The Senior Specialist, Compensation & Benefits is responsible for the administration and analysis of compensation and benefits programs, including market benchmarking, salary planning, incentive programs, and regulatory compliance. This role partners with HR and business leaders, providing recommendations that strengthen the organization's total rewards strategy. The position requires advanced analytical skills, advanced Excel, independent judgment, and the ability to manage multiple vendors and projects. **Specific duties include, but are not limited to, the following:** **Compensation Administration** - Administer compensation programs and processes, supporting alignment with business objectives, market competitiveness, and internal equity. - Conduct job evaluations, job leveling, market pricing, and compensation benchmarking using survey data and external sources, including market data and ad hoc surveys, to support organizational compensation strategies. - Support annual compensation planning activities, including salary planning, merit increases, promotional increases, market adjustments, and incentive programs. - Administer and maintain U.S.-based salary structures, job architecture, pay ranges, compensation guidelines, and related pay practices and policies. - Analyze compensation data, workforce trends, and market intelligence to provide recommendations to leadership. - Partner with HR and business leaders to provide compensation analysis and guidance on organizational changes, compensation recommendations, and workforce planning initiatives. - Develop and present compensation analyses, reports, dashboards, workforce analytics, and executive summaries to support decision-making. - Ensure compliance with all applicable compensation regulations, wage and hour requirements, pay transparency laws, and internal controls. - Conduct compensation audits to support key governance and compliance requirements: pay equity reviews, regulatory reporting, as well as ongoing compliance initiatives. - Identify and recommend process improvements, automation opportunities, and best practices within compensation administration. - Analyze pay equity and internal alignment, and present trends and recommendations to HR and business leaders. - Partner with HR Business Partners, Talent Acquisition, and business leaders to provide compensation guidance for new hires, promotions, transfers and off-cycle adjustments. - Ensure data accuracy by validating inputs, reconciling discrepancies, and maintaining reporting integrity across systems. - Maintain job descriptions, including pricing new roles and updating documentation for compliance and organizational changes. **Benefits Responsibilities** - Administer and support U.S. benefits programs end-to-end for the ongoing administration and improvement of health, welfare, retirement, leave, wellness, and voluntary benefit programs. - Manage day-to-day relationships with benefit providers, brokers, consultants, and third-party administrators to ensure effective plan administration, reporting and service delivery. - Coordinate annual benefits open enrollment as well as Wellbeing fairs and activities, including planning, implementation, employee communications, and vendor coordination. - Analyze benefit program effectiveness and recommend enhancements that support employee well-being, engagement, and organizational goals. - Administer employee benefit enrollments, life event changes, eligibility administration, and complex benefit issue resolution elevating solutions for process improvements. - Partner with Payroll, HRIS, Finance, and external vendors to ensure accurate benefit processing, reporting, and reconciliation. - Ensure compliance with benefits-related regulations, including ERISA, ACA, COBRA, HIPAA, Section 125, retirement plan requirements, and applicable state regulations. - Conduct benefits audits, regulatory filings (5500), plan testing, and internal control reviews. - Support the maintenance and administration of benefit policies, procedures, employee communications, and standard operating procedures, ensuring the ongoing processes are complaint with all US States rules and regulations. - Analyze benefits utilization, trends, and costs to provide recommendations that support effective plan management and cost containment. - Support benefits implementation projects, vendor transitions, and new program rollouts. - Provide guidance to employees, managers, and HR team members on all benefit matters including but not limited to SOPs. **Requirements**: - Bachelor’s degree in human resources or business administration/management required. - 5-7 years’ experience in compensation and benefits administration, including experience performing complex analyses and supporting projects and programs. - SHRM Certified Professional (SHRM-CP) or SHRM Senior Certified Professional (SHRM-SCP) certified credential preferred. CCP or CBP preferred or in process of obtaining. - Strong knowledge of employee benefits and applicable laws. - Excellent written and verbal communication skills. - Excellent organizational and time management skills. - Advanced proficiency in Excel and Microsoft Office Suite or similar software. - Ability to perform effectively in a high-volume environment, while maintaining an elevated level of accuracy and attention to detail. - Strong technological proficiency. **Why you'll be a good fit:** Our Core Values are an integral part of who we are and who we hire. By living our Core Values, every day, we continue to attract the best and brightest talent, achieve unsurpassed results and continuously challenge ourselves to be better than yesterday. These values are at the heart of our organization and within every teammate. To be a great fit, you’ll bring the following **Results** - We are passionate about winning. **Agility** - We proactively anticipate, respond and pivot to ensure MCU wins. **Integrity** - We operate with the highest ethical standards and highest degree of honesty. **Belonging** - We cultivate a culture of inclusion and teamwork. **Ownership** - We take personal responsibility and hold ourselves accountable for the results. **Why You’ll Love Working Here:** The pay range for this position is between $99,800 - $134,730 annually. Actual base pay offered may vary depending on a number of factors such as job-related knowledge, skills, experience, and location. Employees in this position may also be eligible for a discretionary bonus, 401(k) with an 6% employer match per pay period. Benefits for this position include Medical, vision, dental, life, and disability insurance, flexible paid time off and 11 paid holidays annually. Municipal Credit Union (MCU) is an Equal Opportunity Employer. Municipal Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by applicable federal, state or local laws. We are committed to hiring, training, cultivating, promoting, and celebrating an environment where we have a welcoming and fulfilling place for all people to call home. Diversity of race, thought, sexual orientation, age, veteran status, religion, and disability will empower us to thrive as individuals, as teams, and as an organization. ## Skills - Cost Containment - Payroll Processing - Problem Resolution - Decision Making - Merit Increases - Regulatory Filing - Job Descriptions - HR Analytics - Analytical Skills - Microsoft Excel - Planning - Surveys - Pay Equity Analysis - Vendor Management - SHRM Certified Professional - Statistics - Employee Benefits Administration - Service Delivery - Time Management - Salary Structure - Internal Controls - Benchmarking - SHRM Senior Certified Professional - HarrisData Human Resources Information System HRIS - Market Intelligence - Microsoft Office - Regulatory Reporting - Compensation and Benefits - Human Resources - Standard Operating Procedures (Sop) - Attention to Detail - Market Pricing - Maintenance - Open Enrollment Administration - Data Quality - Financial Products - Microcontrollers (Mcu) - Wage and Hour Law - Job Architecture - Communication - Excel Formulas - Pay Transparency - Market Analysis - Regulatory Compliance ## Benefits - Health Insurance - Dental Insurance - Vision Insurance - Disability Insurance - Life Insurance - Paid Time Off (Pto) - 401(k) Plans - Other Retirement and Savings - Bonuses/Stipends ## Related - [Human Resources jobs](https://www.foundrole.com/careers/human-resources?utm_source=ai_markdown)- [Compensation & Benefits jobs](https://www.foundrole.com/careers/human-resources/compensation-and-benefits?utm_source=ai_markdown)- [Benefits Specialist jobs](https://www.foundrole.com/careers/human-resources/compensation-and-benefits/benefits-specialist?utm_source=ai_markdown)- [Browse all companies](https://www.foundrole.com/companies?utm_source=ai_markdown) ## Explore this job market - [New York](https://www.foundrole.com/locations/us/new-york?utm_source=ai_markdown) — 164020 jobs - [Banking](https://www.foundrole.com/sectors/financial-services/banking?utm_source=ai_markdown) — 111027 jobs - [New York, NY](https://www.foundrole.com/locations/us/new-york/new-york?utm_source=ai_markdown) — 71057 jobs ## Related pages - [New York](https://www.foundrole.com/locations/us/new-york?utm_source=ai_markdown) — 164020 jobs - [Banking](https://www.foundrole.com/sectors/financial-services/banking?utm_source=ai_markdown) — 111027 jobs - [New York, NY](https://www.foundrole.com/locations/us/new-york/new-york?utm_source=ai_markdown) — 71057 jobs ## Browse - [Companies](https://www.foundrole.com/companies?utm_source=ai_markdown) - [Jobs by country](https://www.foundrole.com/locations?utm_source=ai_markdown) - [Jobs in the United States by state and city](https://www.foundrole.com/locations/us?utm_source=ai_markdown) - [H1B sponsors by location](https://www.foundrole.com/h1b-sponsors?utm_source=ai_markdown) - [H1B salaries](https://www.foundrole.com/h1b-salaries?utm_source=ai_markdown) - [Sectors and industries](https://www.foundrole.com/sectors?utm_source=ai_markdown) - [Jobs by career field](https://www.foundrole.com/careers?utm_source=ai_markdown) - [Latest jobs](https://www.foundrole.com/jobs/latest?utm_source=ai_markdown)