Manager, Compensation

Discover Financial
Richmond
Workplace: OnsiteFull timeUSD 149,800 - 188,100 annuallyFunction: People, HR & TalentExperience: 4+ yearsEducation: bachelorsSkills: ["Problem-solving","Results-oriented","Flexibility","Client management","Data-driven analysis","Communication"]

Lead compensation consulting by evaluating and advising on rewards program design, pay targets, and market competitiveness using data-driven analysis. Benchmark and perform job evaluations to recommend market adjustments, then develop proposals, presentations, and internal educational communications for associates, managers, and HR partners. Partner regularly with HR consultants to provide compensation guidance, and support client-facing and consulting activities across compensation initiatives.

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Discover Financial
Discover Financial
1 day ago

Manager, Compensation

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Source: Company careers pageValidated by: Fursa AI
Last checked: 2 hours agoStatus: Live
Reposted: similar role first listed 3 months ago

Job Summary

Lead compensation consulting by evaluating and advising on rewards program design, pay targets, and market competitiveness using data-driven analysis. Benchmark and perform job evaluations to recommend market adjustments, then develop proposals, presentations, and internal educational communications for associates, managers, and HR partners. Partner regularly with HR consultants to provide compensation guidance, and support client-facing and consulting activities across compensation initiatives.
Location: Richmond
Workplace: Onsite
Employment Type: Full time
Job Function: People, HR & Talent
Seniority: Manager level

Key Responsibilities

  • •Deliver expert compensation consulting by developing proposals and presentations using market data and pay targets for senior decision-makers
  • •Analyze the effectiveness and competitiveness of existing compensation programs and model impacts of alternatives
  • •Conduct benchmarking and job evaluation using market data and internal evaluation to recommend market adjustments
  • •Create plans, educational materials, and communications to provide timely and accurate compensation information to associates, managers, and HR partners
  • •Consult with HR consultants regularly to provide expert compensation guidance and recommendations

Pay and Benefits

Salary: USD 149,800 - 188,100 annually

Key Requirements

  • •Bachelor’s Degree or military experience
  • •At least 4 years of experience in Compensation, or 4+ years in Finance or Analytics, or a combination
  • •At least 3 years of experience in client management
  • •Preferred: Master’s Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources
  • •Preferred: 6+ years of experience in Compensation (or 6+ years in Finance/Analytics), including building compensation models and conducting pay analysis
Experience:4+ yearsCompensationFinanceAnalyticsClient managementWorkday
Education:Bachelor's
Skills:Problem-solvingResults-orientedFlexibilityClient managementData-driven analysisCommunication
Certifications:Certified Compensation Professional (CCP)CCP
Tech Stack:WorkdayExcelVBAMacrosArray functionsMarketPayTableauBusiness Objects

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn