Director, Compensation

About the role

This role leads the Compensation function, setting strategic direction in close partnership with the CHRO. It is accountable for the development of a forward-looking, market-competitive compensation philosophy and frameworks that enable the organization to attract, retain, and motivate talent while supporting long-term business performance.

Responsibilities

• Oversee the strategy, design, and evolution of compensation programs, including base pay structures, incentive plans, equity strategies, and all related communications, ensuring alignment with enterprise goals, shareholder expectations, and pay-for-performance principles.
• Drive the ongoing assessment, refinement and communications of compensation programs based on market trends, regulatory developments, and organizational priorities.
• In a public company environment, oversee all executive compensation programs, including design and governance of short- and long-term incentives, equity plans, and related policies.
• Prepare and present materials for the HR Committee of the Board of Directors, support proxy statement disclosures (CD&A and related tables), ensure regulatory compliance (e.g., SEC requirements), and manage equity program administration and other executive compensation-related initiatives.
• Partner closely with senior leadership to attract, retain, and motivate key talent through innovative and data-driven compensation practices advancing the HR-Total Rewards strategy for Fulton.
• Support internal business groups as needed on compensation-related matters, including conducting competitive market analyses, internal equity reviews, advising on job design, conducting job evaluations and FLSA determinations, and advising on job offers.
• Manage, develop, and implement executive compensation programs and processes in alignment with Total Rewards priorities and in support of the business.
• Evaluate, develop, and administer incentive programs, including production and commission plans.
• Lead the Executive Compensation priorities with other HR colleagues in proposing improvements to compensation programs and administrative processes in support of the company’s Total Rewards strategy, pay philosophy, and culture.
• Participate in the Total Rewards workstream for M&A deals with a focus on executive compensation items, including due diligence reviews, analyses of target company executive programs and perqs, Change in Control agreements, review of critical or high-level roles, and integration planning and execution.
• Manage compensation audits conducted by Internal Audit, which can include reviewing and recommending updates to Internal Controls, ensuring procedures and narratives are documented and up-to-date, and responding to auditor requests.
• Ensure Vendor Risk Management requests for 3rd party vendors are completed as applicable.
• Communicate with members of staff at all levels, participate in cross-departmental teams, and provide guidance from a compensation perspective.

Qualifications

• Bachelor's Degree or the equivalent experience in Business, Human Resources, or related field.
• 10+ years compensation field experience including market pricing/benchmarking, job evaluations, incentive plan design, and project management.
• 5+ years executive compensation experience in a public company including preparation of the proxy CD&A tables and stock plan administration.

Skills and Abilities

• Excellent verbal and written communication skills, and executive presentation skills.
• Data analytics skills.
• Project management skills.
• Digital acumen; leveraging technology and applications to automate/streamline compensation and Total Rewards processes.

Benefits

• Medical plans with prescription drug coverage;
• Flexible spending account or health savings account depending on the medical plan chosen;
• Dental and vision insurance;
• Life insurance;
• 401(k) program with employer match and Employee Stock Purchase Plan;
• Paid time off programs including holiday pay and paid volunteer time;
• Disability insurance coverage and maternity and parental leave;
• Adoption assistance;
• Education assistance;
• A robust wellness program with financial incentives.

Pay

The salary range for this position is $127,800.00 - $213,000.00 annually.

Schedule

This is a full-time remote opportunity within Fulton Bank's footprint (DE, MD, NJ, PA, VA), requiring monthly travel (2-5 days/month) to Fulton's headquarters in Lancaster, PA.