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MidWestOne Bank Compensation and Benefits Manager in Iowa City, Iowa

At MidWestOne, our people are number one in everything we do. We are a community bank with a culture based on integrity and customer care. The people on our team are the foundation of our success. If you're ready to work for an organization that values you, develops your talents and helps you grow personally and professionally, then look no further.

The Compensation and Benefits Manager provides strategic and operational leadership in alignment with strategy, design, development, implementation planning, communication and administration of total rewards programs and policies. This position will partner with key stakeholders to align our total rewards with short-term and long-term business objectives, competitive practices, and to ensure compliance with current regulations. The Compensation and Benefits Manager will proactively identify and propose improvements to total rewards plans, programs, and practices that drive talent attraction, employee engagement and retention, and strong individual and team performance.

  • Ensure compensation and benefits are competitive and drive business results while both reflecting and enhancing our culture.

  • Serve as a key resource in the development and implementation of a total rewards strategy that is equitable, scalable, and comprehensive.

  • Ad-hoc analytics to provide summaries or recommendations to guide business decisions/results.

  • Leverage market surveys to ensure compensation is competitive with comparable businesses.

  • Provide expertise to HR and management on pay decisions, policy, practices, and job evaluations.

  • Provides analysis and recommendations relating to compensation or benefit program revisions, development, and/or re-design that drive business results.

  • Partner with brokers to propose, implement, and ensure competitive and cost-effective programs.

  • Conduct/assist in internal and external audits, discrimination testing, and pay equity analysis.

  • Ensure compensation and benefit programs comply with state and federal regulations including, but not limited to, ACA, FMLA, ADA, ERISA, HIPAA, COBRA, and FLSA.

  • Works with sensitive information performing complex tasks that are strategic and hands-on.

  • Serves as in-house subject matter expert for compensation and benefit programs, providing data and analysis for HR team, leadership, and Compensation Committee.

The Perks!

  • Competitive base compensation with additional performance-based incentives/bonus potential (incentives and bonus will vary depending on role)

  • Career growth opportunities

  • Continuous learning opportunities

  • 401(k) Retirement Plan with company match with immediate vesting

  • Employee Stock Ownership Plan

  • Employer provided group life insurance with option to purchase additional life insurance for you and your family members

  • Employer provided long term and short term disability insurance

  • Paid Time Off, Paid Holidays, Parental/Grandparent Leave, and more!

  • Medical, Dental, and Vision insurance

  • Flex spending plan & Health savings accounts

  • Additional Insurance options to meet your personal needs: Pet Insurance and Critical Illness and Accident insurance

  • Student Loan Debt Reduction Program & Tuition Assistance Plan

  • Wellness Program

  • Free banking services and other financial services discounts

  • Take Your Dog to Work Day in June

  • Employee Rally Day- a day of celebration and recognition!

  • Bachelor’s degree in Human Resources, Business Administration, Finance or related field or equivalent combination of education and work experience.

  • 5-10 years of progressive HR experience with an emphasis in compensation and benefits and at least 3 years managing the function is strongly preferred.

  • Demonstrated knowledge of basic statistical measures of compensation, compensation and benefit program design and job evaluation techniques.

  • Strong organizational, analytical, and critical thinking skills, attention to detail, and ability to prioritize multiple simultaneous requests.

  • Strong knowledge of laws, regulations, and best practices, particularly with regards to compensation, payroll, and benefits.

  • Must have strong strategic and operational agility to adjust proactively and quickly to changing environments.

  • Strong HRIS systems knowledge preferred.

  • Excellent interpersonal and communication skills, with the ability to build strong relationships with stakeholders at all levels of the organization, as well as to deal with external providers.

  • Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), or Certified Employee Benefits Specialist (CEBES) designation preferred

  • Solid understanding of the Banking industry preferred.

  • The successful candidate will be extremely collaborative and will be most successful working onsite most of the work week.

We RISE by lifting others. RISE stands for Retention, Innovation, Support, and Empowerment. Through RISE we aspire to create and sustain a culture of diversity, inclusion and belonging at work and in our communities. Our commitment to RISE is reflected in our operating principles, people and culture. We pledge to continuously learn, so we can understand and support the differences of individuals, embrace each other's strengths, and provide opportunities for all of us to work toward and achieve our full potential.

Now that you know more about us and the position, next step is for you apply so we can learn about you!

FLSA Status: Exempt

Benefits Package: Yes - Full Time Package

External Company Name: MidWestOne Bank

External Company URL:

Street 2: 102 South Clinton Street