Compensation Intern (Summer '23)
Who We Are
Addepar's purpose is to maximize the positive impact of the world's capital. More than 700 of the world's leading financial services firms trust Addepar to unlock the power and possibility of informed, data driven investing and advice. These family offices, wealth managers, banks and institutions use Addepar's purpose-built SaaS platform and associated Marketplace to deliver exceptional value to their clients in a modern, scalable and secure way.
Our clients use Addepar to manage and advise on more than $4 trillion in assets, and we've been adding more than $15 billion per week for many consecutive quarters, making us one of the fastest growing companies in fintech. Our board and investors are some of the best in the business: D1 Capital, WestCap, 8VC and Valor Equity Partners have led our last few rounds.
We're now expanding Addepar's business around the globe, with clients in more than 30 countries. We're constantly doubling down on tech- and data-fueled innovation, and our product and platform roadmap is more ambitious today than ever. We place our clients at the center of everything we do, and see a virtually unlimited set of opportunities to expand our client footprint and deepen the value we can unlock by building together.
Addepar is a Forbes Fintech 50 company and an honored member of the CB Insights Fintech 250. Addepar embraces a global flexible workforce model with offices in Silicon Valley, New York City, Salt Lake City, Chicago, London and Edinburgh, Scotland.
- Marketplace and brokerage services provided by Acervus Securities, Inc., an SEC registered broker‑dealer and member FINRA / SIPC.
The Role
The Compensation Team owns the strategic and operational design of Addepar's global compensation programs. In this high-impact internship, you be exposed to every aspect of the Compensation function and gain practical experience building and delivering competitive and scalable programs and practices.
Addepar takes a market-based approach to pay. A successful candidate's starting pay will be determined based on the role, job-related skills, experience, qualifications, work location, and market conditions. The range displayed on each job posting reflects the minimum and maximum target base salary for roles in Colorado, California, and New York.
The current range for this role is $35/hr.
Your recruiter can share more about the specific salary range for your preferred location during the hiring process. Additionally, these ranges reflect the base salary only, and do not include bonus, equity, or benefits.
What You'll Do
- Build and maintain a scalable job architecture.
- Partner with Comp Team to manage equity pool.
- Partner with your compensation peer to complete job leveling, salary surveys, and market analysis in order to make comprehensive recommendations.
- Work closely with Business Partners and Recruiters on offers, promotions, and transfers as an internal consultant on all aspects of compensation.
- Work closely with Comp Team to deliver employee compensation communication and education strategies.
- Collaborate with the Comp Team to design and manage annual compensation reviews, including planning, comp application administration, analysis, and auditing.
- Collaborate with Comp Team and stock admin to analyze equity, including burn rate, overhang, and dilution analyses.
- Collaborate with the Comp Team to build internal tools and resources to manage compensation decisions.
Who You Are
- Must be currently enrolled in a post-secondary educational institution (university must be located in the US & Canada) & must be returning to school after internship
- Available to intern for the full 12 weeks
- Exceptional math and data analysis skills.
- Demonstrate strong analytical and creative problem-solving skills including statistical analysis and modeling.
- Basic understanding of stock options, RSUs, and other equity offerings.
- Real interest in building and running compensation programs globally in a start-up.
- Analytically driven, with fluidity in Excel and Google Sheets.
- Interest in evaluating and managing salary management tools.
- Financially astute and meticulous.
- You are flexible and creative, comfortable with ambiguity, and organized.
Our Values
- Act Like an Owner - Think and operate with intention, purpose and care. Own outcomes.
- Build Together - Collaborate to unlock the best solutions. Deliver lasting value.
- Champion Our Clients - Exceed client expectations. Our clients' success is our success.
- Drive Innovation - Be bold and unconstrained in problem solving. Transform the industry.
- Embrace Learning - Engage our community to broaden our perspective. Bring a growth mindset.
In addition to our core values, Addepar is proud to be an equal opportunity employer. We seek to bring together diverse ideas, experiences, skill sets, perspectives, backgrounds and identities to drive innovative solutions. We commit to promoting a welcoming environment where inclusion and belonging are held as a shared responsibility.
To ensure the health and safety of all Addepeeps and our prospective candidates, we have instituted a virtual interview and onboarding experience.
By
Addepar
Addepar is a wealth management platform headquartered in Mountain View, California. We specialize in offering services for registered investment advisors, specializing in data aggregation, analytics, and portfolio reporting.
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