Director, Compensation

Job Overview

PenFed is hiring a (Hybrid) Director, Compensation at our Tysons, Virginia location.

Responsibilities

• Manage all compensation programs, and policies and procedures for PenFed and its affiliated businesses to ensure alignment across business units.
• Lead the Compensation Team on data preparation and analysis to support HR Business Partners with workforce planning, M&A activity, and administration of merit, bonus, incentive and commission plans.
• Directly manage and mentor compensation analysts,
• Design and implement compensation strategies, develop proposals and recommendations for new and improved programs based on business need, market need and/or governmental changes.
• Drive the development and governance of PenFed’s job architecture, including job families, career levels, and role definitions, to support organizational design, internal equity, market alignment, and scalable compensation programs.
• Collaborate with leaders at all levels of management to develop, refine, and implement compensation plans that align with business objectives, internal equity, and market competitiveness.
• Advise senior managers on resolutions for specific problems relating to salaries, job classifications, and job content issues.
• Ensure compliance with all applicable federal, state and local laws.
• Coordinate the development and implementation of programs, special projects, research studies and other business unit initiatives to identify best practices and process improvements in order to promote functional efficiency and productivity.
• Collects and interprets area, regional and national compensation information for all employee levels using a variety of methods to determine the competitive position of PenFed.

Qualifications

• Equivalent combination of education and experience is considered.
• Bachelor’s degree in human resources or related field preferred.
• Minimum 8-10 years of progressive compensation experience with 3 years in compensation at a preferred financial institution.
• Minimum of 2-4 years in management role proven quality leadership skills.
• Proven experience in managing policy change and implementation of new programs.
• Experience implementing and/or working on Workday and Salary.com preferred.
• Experience utilizing artificial intelligence (AI) resources to streamline compensation processes preferred.
• Solid command of the Microsoft Office suite (Word, Excel, PowerPoint).

Supervisory Responsibility

This position will supervise employees.

Licenses and Certifications

No additional certifications required.

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

Travel

Ability to travel to various worksites and be on call is required.

Pay Transparency

The anticipated starting salary range for this role is $97,400.00 - $224,113.00

Benefits

• You’ll have access to comprehensive health, dental, and vision plans;
• paid time off;
• family-friendly benefits like paid parental leave, care support, and fitness center access.
• Financial wellness is encouraged through features like a 401(k) match, employee loan discounts, and fully paid life and disability coverage.
• We support growth via education assistance, community involvement, and volunteer opportunities.

Purpose

Helping members achieve their dreams since 1935.

Equal Employment Opportunity

PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

Scam Warning

PenFed is a reputable organization and does not solicit money from applicants. PenFed will never ask for payment or money upfront for any job opportunity. PenFed will also never ask for payment or money for processing your resume or application. PenFed will never ask for payment or money for background checks or drug tests. PenFed will never ask for payment or money for interview tickets or transportation costs. PenFed will never ask for payment or money for any other reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask for payment or money for any reason. PenFed will never ask