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Global Compensation Structures and Analytics Lead

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Who we are:

Shape a brighter financial future with us.

Together with our members, we’re changing the way people think about and interact with personal finance.

We’re a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront. We’re proud to come to work every day knowing that what we do has a direct impact on people’s lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.

The role

As the Global Compensation Structures and Analytics Lead, you will play a critical role in shaping SoFi Technologies’ competitive compensation strategy to attract, retain, and motivate top talent globally. You will be responsible for using expert knowledge, technology, and data-driven insights to ensure we deliver global compensation structures that are market competitive and aligned with our compensation philosophy. You also will lead our compensation data and analytics strategy, ensuring business leaders and cross-functional partners have access to compensation tools and insights that foster informed compensation decisions. 

What you’ll do:

  • Leverage technology and sound practices to lead global benchmarking, structure development, and market pricing in support of our compensation philosophy and strategy. This includes base pay structures, bonus targets, and long-term incentive target amounts.
  • Provide deep expertise in navigating country-specific nuances and practices to ensure our compensation structures are locally relevant and competitive while remaining consistent with our global strategy and philosophy.
  • Provide recommendations for rewards program budgets based on comprehensive reviews of market data, compensation strategy, and business need
  • Manage and enhance a global job architecture that supports organizational design, workforce planning, career development, and talent acquisition. Lead maintenance and update projects as needed
  • Foster partnerships with stakeholders across People, Legal, Compliance, Finance, and Talent Acquisition teams to ensure compensation structures are fair, competitive, and aligned with business needs. 
  • Leveraging Excel, Google Sheets, Microsoft Access, Tableau and other tools, develop compensation analytics and insights that inform and support compensation decisions for the compensation team, business leaders, and cross-functional partners.
  • Stay informed on trends and best practices in compensation structures, providing thought leadership and insights to the compensation team and broader business
  • Successfully craft and deliver executive level summaries to influence senior management decision making 
  • Provide analytical and consultative support on a variety of compensation projects and initiatives

What You'll Need:

  • University Degree (advanced degree preferred) in a relevant field.
  • Minimum of 4+ years of experience in broad-based compensation with at least 2-4 years focused on compensation structure development and benchmarking
  • Experience at a multinational company with direct experience developing structures in Latin America, including countries like Argentina, Brazil, Uruguay, and Ecuador.
  • Direct experience and familiarity with core survey providers like Radford, Willis Towers Watson, Mercer, and/or McLagan
  • Deep technical competency including experience and knowledge of common analytics tools like Google Sheets/Excel, Access, SQL, VBA, or Tableau.
  • Experience properly securing, protecting, and managing sensitive and confidential data 
  • Excellent analytical, problem-solving, and decision-making skills, with the ability to manipulate and interpret large and complex data sets. 
  • Strong communication, presentation, and influencing skills, with the ability to communicate effectively with different audiences and levels. 
  • Highly collaborative, team-oriented, and customer-focused, with the ability to build and maintain positive relationships with internal and external stakeholders. 
Compensation and Benefits
The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location. 
 
To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!
SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.
The Company hires the best qualified candidate for the job, without regard to protected characteristics.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
New York applicants: Notice of Employee Rights
SoFi is committed to embracing diversity. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email accommodations@sofi.com.
Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.
Internal Employees
If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.

Average salary estimate

$112500 / YEARLY (est.)
min
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$95000K
$130000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

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SoFi helps people achieve financial independence to realize their ambitions.

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Full-time, on-site
DATE POSTED
November 23, 2024

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