Job Detail

Senior Compensation Analyst at SoFi
San Francisco, CA, US
Description
About SoFi

By joining SoFi, you're joining a new kind of finance company based around speed, transparency, and alignment with our members’ interests. Our goal is to be the center of our members’ financial lives. We created student loan refinancing, addressing the biggest financial challenge this new generation has through a new approach to lending. We expanded into other types of loans, and then into insurance and wealth management with similarly inventive products. As the company has grown, we’ve been able to help more people with these tools.

SoFi has achieved significant growth, with big plans ahead. In just the last year, we've more than doubled our member base (300,000 strong), doubled loan volume ($8 billion in 2016), and grown our team from under 200 people to more than 1,200. We're preparing to go global, with expansion to Australia and Canada planned this year. And we're well capitalized to power all this growth, having raised $1.9 billion in equity backing. But we'll only be able to continue this growth with great talent, and that includes you.

About the Role

SoFi is looking for a talented Sr. Compensation Analyst to join our team in a highly impactful role, reporting to the Sr. Manager, Compensation. This is a great opportunity to play a key role in shaping SoFi’s compensation programs, which are in its ground stages. We are looking for a roll-up-the-sleeves team player who has the drive to get things done with experience in building comp framework, driving programs, and delivering on the day-to-day tasks. The ideal candidate will have the tenacity and attitude that can thrive in a very fast-paced, constantly changing environment. Our compensation team is currently based in our San Francisco headquarters.

Responsibilities

Play key role in compensation projects from design through execution
Perform complex in-depth quantitative and qualitative analyses and develop concise narratives that can “connect the dots”
Understand current and emerging market trends to identify potential opportunities and gaps
Participate in compensation surveys and establish regular market benchmarking processes that inform the competitiveness of pay across the organization
Provide subject-matter expertise and accurately interpret, counsel, communicate, and educate HR Business Partners, managers and executives on pay decisions, policy and guideline interpretations, and job evaluations
Work closely with cross-functional teams (e.g., HRIS, Recruiting, Payroll, Legal, Finance) to implement improvements related to Compensation and cross-functional processes
Innovate and react quickly to changing business and market realities and demonstrate openness and flexibility to client needs and requests
Ensure compliance with applicable regulations governing compensation programs
Seek opportunities for process improvements and recommend solutions for implementation
Perform ad-hoc analyses and manage special projects as needed
Qualifications

Bachelor’s degree or equivalent
3-5 years of broad-based Compensation experience; Technology or Fin-Tech industry experience preferred
Excellent working knowledge of Microsoft applications: Excel, Word, PowerPoint
Strong planning, project management, and organizational skills
Highly collaborative style and strong team orientation
Strong work ethic and ability to work independently
Detail-oriented but able to operate with high-level objective in mind
Energetic, self-starter with the ability to successfully manage multiple priorities in a fast-paced environment
Excellent written and verbal communication skills
Strong interpersonal skills and influencing ability
High integrity and ethics in handling confidential information
Radford surveys
Pluses

Program management experience (compensation review cycles)
Executive compensation and sales compensation experience
Experience using Workday
Experience with McLagan surveys
CCP
Benefits

Catered lunches, a fully stocked kitchen, and subsidized gym membership.
Competitive salary packages and bonuses.
A flexible vacation policy allows you to truly relax and reboot.
Comprehensive health, vision, dental, and life insurance as well as disability benefits.
100% of health, vision, and dental premiums paid by SoFI for employees and their dependents.
401(k) and education on retirement planning. 

Tuition reimbursement on approved programs, up to $5,250 a year.
Monthly contribution to help you pay off your student loans.