Senior Vice President, Compensation

Enterprise Bank & Trust seeks an SVP, Compensation to lead enterprise-wide compensation strategy across commercial and community banking, wealth management, and operations. This executive will design and govern base pay, incentive, and executive compensation programs that are competitive, equitable, and compliant with financial services regulations. The role partners closely with HR, Finance, and senior leaders to align rewards with performance, support workforce planning, and deliver data-driven pay decisions while reinforcing the bank's relationship-driven, community-focused culture.

Responsibilities

• Lead enterprise-wide compensation strategy aligned with business goals and regulatory requirements
• Design, implement, and govern base pay, incentives, and executive compensation programs
• Conduct market benchmarking and pay equity analyses to ensure competitive, fair, and compliant pay practices
• Partner with HR, Finance, and business leaders on workforce planning, budgeting, and reward programs
• Oversee compensation governance, policies, and reporting for internal and regulatory stakeholders
• Provide thought leadership on compensation trends, analytics, and best practices
• Manage compensation team, guiding project prioritization, development, and performance
• Support M&A and organizational changes with compensation modeling and integration plans

Required Skills

• Executive compensation design
• Broad-based compensation program design
• Incentive and sales compensation modeling
• Job evaluation and market pricing
• Compensation analytics and reporting
• HRIS and compensation tools (e.g., Workday, Market
• Pay)
• Regulatory compliance in financial services compensation
• Pay equity analysis and governance
• Compensation budgeting and financial modeling
• Leadership and stakeholder management