SVP, Compensation

Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large construction company that employs local people, our goal is to help businesses succeed and our communities thrive.

With offices in Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, we're strong, growing and committed to supporting the communities we serve. We extend this commitment to the community to our associates, offering annual paid volunteer time off and charitable-matching opportunities. Voted a Best Bank to Work For by American Banker for multiple years, we offer our associates an array of benefits and the opportunity to chart their own career path with us. Join us in the pursuit of our mission to guide people to a lifetime of financial success, and enjoy a career filled with professional growth opportunities, interesting colleagues and the satisfaction of supporting our communities.

Together, there's no stopping you!

Summary

The SVP, Compensation is a strategic leader responsible for designing, governing, and executing the Bank's compensation programs, including Executive Compensation, to align with business strategy, regulatory requirements, and pay-for-performance. This role advises the EVP, Human Resources and leadership, partners with the Board's Human Capital and Compensation Committee, and acts as the primary liaison with external consultants and legal counsel. Leads the review and implementation of compensation programs, policies and procedures in order to be responsive to the company's goals and competitive practices. Assures through audits, reports and other processes/interactions that company compensation programs are consistently administered in compliance with company policies and government regulations

Essential Duties & Responsibilities

• Serve as primary partner to the EVP, Human Resources in advising the Human Capital and Compensation Committee.

• Lead the development, preparation, and delivery of all Compensation Committee materials, including analysis, recommendations, and meeting agendas.

• Provide expert guidance on executive compensation decisions, including base salary, annual incentives, long-term incentives, and equity awards.

• Anticipate and advise on regulatory, reputational, and shareholder risks related to compensation decisions.

• Manage and execute the annual governance calendar for executive compensation and committee activities.

• Partner closely with external compensation consultants to obtain independent market data, benchmarking, and plan design insights to support Board decision-making.

• Oversee preparation of executive compensation disclosures, including the Compensation Discussion & Analysis (CD&A) and proxy statement content.

• Monitors overall the effectiveness of existing compensation policies, guidelines and procedures, recommending plan revisions as well as new plans that are cost effective and consistent with compensation trends and company objectives.

• Leads the strategy of all compensation, including, but not limited to executive, short term incentive, long term incentive, commission, exempt and nonexempt cash compensation programs. Ensures the processing, recording and reporting of compensation-related actions taken.

• Ensure compliance with all applicable regulations, including SEC requirements, Internal Revenue Code (including Section 409A), and banking regulatory guidance by partnering with external legal counsel and internal stakeholders.

• Provide oversight and expertise related to change-in-control (CIC) provisions, employment agreements, deferred compensation, and related arrangements.

• Partners to assist with governance and execution of the Bank's equity compensation plans, including grant design, approvals, and administration

• Partner with teams on advanced compensation modeling and scenario analysis, including incentive payouts, equity dilution, cost impact, budgeting, forecasting and accruals.

• Monitor and interpret proxy advisor guidelines (e.g., ISS, Glass Lewis) and emerging market trends.

• May provide advice to company management on pay decisions, job evaluation, and policy and guideline interpretation, including the design of creative solutions to specific compensation-related issues and challenges.

• Performs other duties as assigned.

Qualifications

• Demonstrated ability to translate complex compensation concepts into clear, concise communications for executives, senior leaders, and Board members.

• Ability to handle highly sensitive and confidential information with the utmost discretion and integrity.

• Exceptional judgment in complex, high-stakes, and ambiguous situations.

• Ability to balance strategic thinking with deep technical expertise.

• Strong collaboration and partnership across HR, Finance, Legal, Risk, and external partners.

• Commitment to integrity, accountability, and inclusion.

• Ability to operate in a fast-paced, highly regulated environment requiring accuracy, responsiveness, and sound decision-making.

• Ability to manage multiple priorities and deadlines aligned with Board, regulatory, and disclosure timelines.

• Deep expertise in SEC disclosures, proxy statements, and executive compensation governance.

• Strong knowledge of accounting, tax, and financial reporting implications related to compensation programs.

• Demonstrated experience partnering with Compensation Committees and external advisors (consultants and legal counsel).

• Strong understanding of Section 409A, Section 16, and executive compensation regulations.

Supervisory Responsibilities

• Compensation team

Education and/or Experience

• 10-15+ years of progressive experience in compensation or finance, including significant executive compensation experience.

• Experience within a publicly traded company and/or regulated financial institution.

• Experience in finance, accounting, or related discipline preferred.

• Experience with proxy advisory firms and shareholder engagement preferred.

• Familiarity with banking regulatory guidance on incentive compensation and risk management preferred.

Computer and Software Skills

• Skilled in operation of a personal computer, including intermediate Microsoft Word, Excel, PowerPoint

• Google Suite

Certifications, Licenses, and Registrations

• CCP preferred

Equal Opportunity Statement:

Enterprise Bank & Trust is committed to helping individuals with disabilities participate in the workforce and ensuring equal opportunity to apply and compete for jobs. If you need an accommodation in order to apply for a position at Enterprise Bank & Trust please contact Human Resources athr@enterprisebank.com.

Enterprise Bank & Trust is committed to managing our business and community relationships in ways that positively impact our associates, clients, and the diverse communities where we work and live.We are proud to be an Equal Opportunity Employer.All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, gender identity or protected veteran status and will not be discriminated against on the basis of disability.All employment offers are contingent upon the applicant successfully completing both drug and background check screenings.If you would like more information about your EEO rights as an applicant under the law, please click HERE.