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Staff Compensation Partner

SoFi

SoFi

San Francisco, CA, USA
Posted on Monday, August 21, 2023

Employee Applicant Privacy Notice

Who we are:

Shape a brighter financial future with us.

Together with our members, we’re changing the way people think about and interact with personal finance.

We’re a next-generation fintech company using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront. We’re proud to come to work every day knowing that what we do has a direct impact on people’s lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.

The role

We are looking for a Compensation Business Partner to join our Compensation team. In this role, you will report to the Senior Manager of Compensation and work alongside a team of incredibly talented compensation partners focused on attracting, retaining, and motivating talent across the company. As the Compensation Business Partner for SoFi, you will be a thought partner and trusted advisor, helping us devise creative solutions and approaches to compensation that enable us to meet the demands of a competitive marketplace. You will also be a hands-on builder of flexible, scalable compensation processes and solutions.

What you’ll do:

  • Understand current and emerging market trends to identify potential opportunities and gaps
  • Partner and collaborate with members of the HR team and business leaders to explore problems, resolve issues, and offer solutions on matters related to compensation.
  • Partner closely with cross-functional teams (e.g., HRIS, Recruiting, Payroll, Legal, Finance) to implement improvements related to Compensation and cross-functional processes
  • Act as a strategic business advisor to senior business leaders and a partner to HR leaders, ensuring that our programs align with our business goals and support talent acquisition, retention, career development, and internal mobility initiatives.
  • Provide consultative thought leadership on pay decisions, pay guidelines, policy and guideline interpretation and job evaluation including the design of creative solutions to specific compensation-related challenges.
  • Conduct ad-hoc analyses to evaluate and recommend pay adjustments to maintain internal equity and external competitiveness.
  • Implement and maintain compensation resources and tools that drive transparency, self-service, and a first-class experience for our leaders, employees, and partners.

What you’ll need:

  • 6+ years of broad-based Compensation experience; Technology or Fin-Tech industry experience preferred
  • Master’s Degree preferred
  • Deep knowledge and experience with Excel/Google Sheets (e.g., if/then statements, VLOOKUP’s, pivot tables, formulas)
  • Strong interpersonal skills and comfortable with influencing and guiding senior leadership
  • Ability to consult with partners and identify metrics and interpretation needed in deliverables
  • Strong planning and organizational skills
  • Highly collaborative style and strong team orientation
  • Energetic, self-starter with the ability to successfully manage multiple priorities in a fast-paced environment
  • Excellent written and verbal communication skills
  • Demonstrated ability to act with discretion, confidentiality and good judgment in handling confidential information.

Nice to have:

  • Skilled in Excel Macros, Power BI, and/or Tableau
  • Experience using Workday
Compensation and Benefits
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.
To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!
SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
New York applicants: Notice of Employee Rights
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.