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"]

Lead compensation consulting by developing market-informed proposals and presentations for senior decision-makers. Analyze and benchmark pay program effectiveness, conduct job evaluation, and recommend market adjustments. Create compensation education and communications for associates, managers, and HR partners, and provide ongoing expert guidance in collaboration with HR consultants. Manage multiple initiatives in a fast-paced, data-driven environment.

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Discover Financial
Discover Financial
2 months ago

Manager, Compensation

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Source: Company careers pageValidated by: Fursa AI
Last checked: 2 hours agoStatus: Live

Job Summary

Lead compensation consulting by developing market-informed proposals and presentations for senior decision-makers. Analyze and benchmark pay program effectiveness, conduct job evaluation, and recommend market adjustments. Create compensation education and communications for associates, managers, and HR partners, and provide ongoing expert guidance in collaboration with HR consultants. Manage multiple initiatives in a fast-paced, data-driven environment.
Location: Richmond
Workplace: Onsite
Employment Type: Full time
Job Function: People, HR & Talent
Seniority: Manager level

Key Responsibilities

  • •Deliver expert compensation consulting and create proposals and presentations using market data and pay targets.
  • •Perform deep analysis of compensation program effectiveness and model potential impact of alternatives.
  • •Conduct benchmarking and job evaluation and recommend market adjustments.
  • •Develop educational materials and communications for associates, managers, and HR partners regarding compensation initiatives.
  • •Consult with HR consultants regularly to provide 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 at least 4 years of experience in Finance, or at least 4 years of experience in Analytics, or a combination.
  • •At least 3 years of experience in client management.
  • •Experience building compensation models and conducting pay analysis.
  • •Advanced Excel skills (e.g., VBA, macros, array functions).
Experience:4+ yearsCompensationFinanceAnalytics
Education:Bachelor's
Skills:Problem-solvingResults-orientedFlexibilityClient managementData-driven analysis
Certifications:Certified Compensation Professional (CCP)
Tech Stack:WorkdayExcelVBAMarketPayTableauBusiness 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