Reporting to the Vice President, Compensation, this role will be responsible for the administration of the Company’s equity compensation plans, along with providing support in the area of Executive Compensation. This position will provide analysis on market data and trends, along with providing support for the creation of materials for the Compensation Committee of the Board of Directors.
Prepare and provide data for the Company’s annual proxy statement. Prepare detailed analysis of the company’s target pay compared to both internal and external data sources. Provide analytical support on the design and delivery of all executive compensation programs. Assist with the preparation of all required public disclosures related to Executive Compensation Assist in the creation of all materials for the Compensation Committee of the Board of Directors Build and maintain strong working relationships at all levels within the Company. Serve as an expert in all areas of Executive Compensation. Prepare and update performance metric analysis for long-term and short-term incentive compensation plans Partner in administration of year-end compensation planning process
Stock Plan Administration:
Lead the administration of the Company’s equity compensation plans including processing of all equity award activity in the Company’s administration system. Prepare participant award communications and educational material. Produce and analyze all reports for period end expense, share dilution, tax, and accounting. Assist with SEC and other regulatory compliance activities including: equity award disclosures for 10-Q, 10-K, and annual proxy; SOX 404 compliance and testing; and SFAS 123R reporting. Prepare equity related financial forecasts and weighted average share dilution computations. Recommend and initiate appropriate policies and procedures to facilitate efficient stock administration. Serve as resident expert related to the administration of equity awards and ensure data integrity, input and maintenance of database, including upgrades and enhancements
BS/BA in Business, Finance or Accounting
3-5 years of experience in compensation and/or stock administration with a publicly traded company or equivalent experience that exhibits the ability to perform critical functions of position
Strong analytical, problem-solving, planning, and project management skills
Advanced proficiency in MS Excel, Word and PowerPoint
Excellent oral, written and interpersonal communication skills
Ability to prioritize and handle several projects in a fast paced environment
Highly self-motivated, detail oriented with strong organizational skills
Internal Number: 3828
About First Midwest Bank
First Midwest, with assets over $17 billion, is the premier relationship-based banking franchise in the dynamic Chicagoland banking market. As one of the Chicago metropolitan area's largest independent bank holding companies, First Midwest provides the full range of commercial, retail banking, and wealth management services through some 120+ offices located in communities in metropolitan Chicago, Northwest Indiana, Central and Western Illinois, and Eastern Iowa.