Diversified Search Companies
Contact: Mary Porreca
Phone: 215-656-3547
Fax: 215-568-8399
E-Mail:[email protected]
Company: Sovereign Bancorp, Inc.
Position: Vice President, Compensation & Benefits
Company Description: Sovereign Bancorp, Inc., is a pro forma $23 billion company whose principal subsidiary is Sovereign Bank. Sovereign is the third largest financial institution headquartered in Pennsylvania, the fifth largest banking franchise in New Jersey and among the top 40 banks in the nation. Sovereign?s extensive network of over 305 community banking offices, in-store branches, 24-hour automated banking machines, plus other convenience banking delivery systems serve customers throughout eastern and north-central Pennsylvania, New Jersey and northern Delaware.
Responsibilities: Reporting to the Senior Vice President, Director of Team Member Services, the Vice President, Compensation and Benefits is responsible for planning, design, implementation, and evaluation of system-wide benefits and compensation programs for Sovereign employees. With strong conceptual and analytic skills, this individual will assess the quality, competitiveness, and cost-effectiveness of compensation and benefit plan design and administration, and financing models.
Requirements: A Bachelors degree is required; a Masters degree in business/human resource administration, or a related field will be preferred; a minimum of ten years of progressive experience in the planning, design, management, administration, and development of employee compensation and benefits, policies and practices within a complex, multi-state, environment.
