Senior Compensation Analyst
SoFi · Cottonwood Heights, UT · 1 mo ago
Human ResourcesFull-time
About the role
As a Senior Compensation Analyst, you will play a key role in shaping SoFi Technologies’ global compensation strategy and programs to attract, retain, and motivate top talent globally.
Responsibilities
- Broad-Based Strategy & Execution
- Lead global compensation benchmarking, market pricing, and the development of compensation structures, including base salary ranges, target bonuses, and long-term incentive guidelines.
- Own and enhance SoFi’s global job architecture, including job families, career levels, job profiles, and related compensation frameworks.
- Develop recommendations for annual cash and equity program budgets based on market data, business priorities, affordability, and compensation strategy.
- Develop and maintain equity guidelines and model the share usage, dilution, and stock-based compensation impact of new hire, promotion, refresh, and other equity programs.
- Partner with Finance on monthly stock-based compensation forecasting, variance analysis, and long-term planning.
- Monitor compensation trends, market practices, and emerging developments, providing recommendations and insights to the Compensation team and business leaders.
- Partner with People, Finance, Legal, Compliance, and Talent Acquisition to ensure compensation programs support business needs and are administered consistently.
- Executive Compensation Support
- Support the preparation of quarterly Compensation Committee and Board materials, including executive compensation analyses, scenario modeling, and executive-ready insights.
- Aid in the preparation of proxy disclosures, including the Compensation Discussion and Analysis and SEC-required compensation tables, in partnership with Legal, Accounting, Finance, and Investor Relations.
- Assist with executive compensation operations, including incentive program tracking, Compensation Committee approval materials, stock ownership policy compliance, and executive offer letter development.
- Conduct executive compensation benchmarking and market analysis using relevant survey and peer company data.
Requirements
- Bachelor’s degree in finance, economics, human resources, business, or a related field.
- An advanced degree or relevant professional certification is a plus.
- At least six years of broad-based compensation experience, including at least three years of direct experience developing job architecture, compensation structures, and market benchmarking frameworks.
- Experience owning or significantly contributing to global job architecture programs, including job families, career levels, salary structures, and incentive guidelines.
- Experience developing compensation programs for a multinational organization, including familiarity with country-specific compensation practices and structures.
- Direct experience supporting compensation programs in Latin America, including markets such as Argentina, Brazil, Ecuador, and Uruguay.
- Advanced Excel or Google Sheets skills, including experience building complex compensation, equity, and financial models.
- Experience modeling stock-based compensation expense, equity usage, dilution, or related financial impacts in partnership with Finance or Accounting.
- Experience using major compensation surveys and data providers, such as Radford, Willis Towers Watson, Mercer, or McLagan.
- Strong analytical and problem-solving skills, with the ability to interpret complex data and translate findings into practical recommendations.
- Strong written, verbal, and presentation skills, including the ability to communicate complex compensation concepts clearly to different audiences.
- Demonstrated ability to manage sensitive and confidential information with discretion.
- Strong cross-functional partnership skills and experience working with stakeholders across People, Finance, Legal, Accounting, Compliance, and Talent Acquisition.
- Ability to manage multiple priorities, work independently, and deliver accurate results in a fast-paced environment.
- Demonstrate exceptional attention to detail, take pride in delivering accurate and clear work, and thrive with a high degree of autonomy.
Qualifications
- Bachelor’s degree in finance, economics, human resources, business, or a related field.
- Advanced degree or relevant professional certification is a plus.
- At least six years of broad-based compensation experience, including at least three years of direct experience developing job architecture, compensation structures, and market benchmarking frameworks.
- Experience owning or significantly contributing to global job architecture programs, including job families, career levels, salary structures, and incentive guidelines.
- Experience developing compensation programs for a multinational organization, including familiarity with country-specific compensation practices and structures.
- Direct experience supporting compensation programs in Latin America, including markets such as Argentina, Brazil, Ecuador, and Uruguay.
- Advanced Excel or Google Sheets skills, including experience building complex compensation, equity, and financial models.
- Experience modeling stock-based compensation expense, equity usage, dilution, or related financial impacts in partnership with Finance or Accounting.
- Experience using major compensation surveys and data providers, such as Radford, Willis Towers Watson, Mercer, or McLagan.
- Strong analytical and problem-solving skills, with the ability to interpret complex data and translate findings into practical recommendations.
- Strong written, verbal, and presentation skills, including the ability to communicate complex compensation concepts clearly to different audiences.
- Demonstrated ability to manage sensitive and confidential information with discretion.
- Strong cross-functional partnership skills and experience working with stakeholders across People, Finance, Legal, Accounting, Compliance, and Talent Acquisition.
- Ability to manage multiple priorities, work independently, and deliver accurate results in a fast-paced environment.
- Demonstrate exceptional attention to detail, take pride in delivering accurate and clear work, and thrive with a high degree of autonomy.
Skills
- Expert knowledge of compensation principles and practices.
- Strong understanding of market trends and competitor analysis.
- Advanced proficiency in Excel or Google Sheets for compensation modeling and analysis.
- Experience with major compensation surveys and data providers.
- Strong communication and presentation skills.
- Ability to manage multiple projects and priorities simultaneously.
Benefits
To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!
Pay
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.
Schedule
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.