Compensation Analyst

Posted 9 Days Ago
Be an Early Applicant
New York, NY
80K-120K Annually
Junior
Fintech
The Role
The Compensation Analyst will support the administration and implementation of compensation programs, conduct market pay analysis, develop job descriptions, and assist in salary structure development. This role collaborates with HR and management to provide analytical support for annual compensation planning and compliance with legal standards.
Summary Generated by Built In

Reporting to the VP, Managing Director of Compensation, the Compensation Analyst will be a highly analytic, detail-oriented team player who will support the analytics, planning, administration, and implementation of all compensation programs and policies. This individual will collaborate with human resource business partners, recruiting partners and all levels of management to deliver world-class compensation consulting and solutions.

In the Role

  • Learn to conduct market pay analysis to determine competitiveness of pay and make recommendations for pay adjustments. 
  • Develop detailed job descriptions based on a thorough review and evaluation of jobs.
  • Assist in the development of salary structures and slotting of jobs into appropriate level.
  • Become a super-user of the Workday system and the system’s compensation capabilities. Partner with Payroll and HRIS and serve as subject matter expert on compensation and cross-functional projects.
  • Support the annual compensation planning process from baseline analysis through communication and payment.
  • Collaborate with Legal, Accounting, and Tax to ensure accurate reporting and compliance with applicable laws and regulations.

Requirements

  • Bachelor’s degree or equivalent experience.
  • Preferred 1-3 years of relevant experience in compensation, consulting, finance, audit, payroll or system implementation.
  • Advanced Excel and PowerPoint skills to assist in the design, development, implementation and administration of all types of compensation programs
  • Ability to analyze and compile complex data and present effective summaries and reports. Strong financial, analytical and auditing skills and experience using analytical and problem-solving skills to build effective programs

Preferred:

  • Experience with Excel and PowerPoint; interest in Financial Services and compensation is preferable.
  • Workday or other systems experience preferable

Location: Manhattan, NY

Who we Are

OneMain Financial (NYSE: OMF) is the leader in offering nonprime customers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. Since 1912, we’ve looked beyond credit scores to help people get the money they need today and reach their goals for tomorrow. Our growing suite of personal loans, credit cards and other products help people borrow better and work toward a brighter future.

Driven collaborators and innovators, our team thrives on transformative digital thinking, customer-first energy and flexible work arrangements that grow lives, careers and our company. At every level, we’re committed to an inclusive culture, career development and impacting the communities where we live and work. Getting people to a better place has made us a better company for over a century. There’s never been a better time to shine with OneMain.

Because team members at their best means OneMain at our best, we provide opportunities and benefits that make their health and careers a priority. That’s why we’ve packed our comprehensive benefits package for full- and some part-timers with: 

  • Health and wellbeing options including medical, prescription, dental, vision, hearing, accident, hospital indemnity, and life insurances 
  • Up to 4% matching 401(k)
  • Employee Stock Purchase Plan (10% share discount)
  • Tuition reimbursement
  • Paid time off (15 days’ vacation per year, plus 2 personal days, prorated based on start date) 
  • Paid sick leave as determined by state or local ordinance, prorated based on start date 
  • Paid holidays (7 days per year, based on start date) 
  • Paid volunteer time (3 days per year, prorated based on start date) 

Target base salary range is $80,000-$120,000, which is based on various factors including skills and work experience. In addition to base salary, this role is eligible for a competitive compensation program that is based on individual and company performance.

OneMain Holdings, Inc. is an Equal Employment Opportunity (EEO) employer. Qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship status, color, creed, culture, disability, ethnicity, gender, gender identity or expression, genetic information or history, marital status, military status, national origin, nationality, pregnancy, race, religion, sex, sexual orientation, socioeconomic status, transgender or on any other basis protected by law.

Top Skills

Excel
PowerPoint
Workday
The Company
Baltimore, Maryland
5,386 Employees
On-site Workplace
Year Founded: 1912

What We Do

OneMain provides personal loans with one on one, local service at branches nationwide. Our personalized loan solutions offer customers a simple and straightforward loan application, fixed rates, fixed payments, clear terms and multiple payment options.

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