Sr. Compensation Manager @ Dave | Jobright.ai
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Sr. Compensation Manager jobs in United States
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Dave · 21 hours ago

Sr. Compensation Manager

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BankingFinancial Services
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Comp. & Benefits

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Responsibilities

Leads successful ideation and implementation of two semi-annual compensation reviews, serving as the subject matter expert and program manager for base salary, bonus and stock compensation programs
Acts as a steward of the company’s compensation philosophy by influencing key stakeholders with compensation decisions upon hire and employee movement. Makes recommendations to iterate or enhance our existing compensation philosophy as required
Translates complex talent, business and compliance needs into compensation project plans and deliverables.
Partners with third party compensation consultants, People and Finance team leadership to periodically assess our equity program strategy’s cost (dilution) and effectiveness and leads efforts to implement necessary changes
Performs routine market research to keep salary structures and ranges up to date and aligned to Dave’s virtual-first model
Performs regular compensation analysis to ensure alignment to our stated compensation philosophy, including pay equity objectives.
Serves as single point of contact for routine new hire offer approvals with Talent Acquisition team including conducting one-off compensation analyses, proactively and reactively as needed by People Partner and Talent Acquisition teams
Responsible for compiling routine data and materials for quarterly Compensation Committee and Board of Directors meeting, including available shares analysis and incentive plan pacing and cost projections
Partners with People Operations and People Partner teams to maintain company job architecture in Workday HRIS, including approving and benchmarking new job families, levels, titling conventions, FLSA status and relevant salary structure.
Adheres to compensation-related SOX controls and performs routine audit and testing requirements
Submits annual benchmarking and other relevant compensation survey participation

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Compensation programsMicrosoft ExcelProgram managementPublic company experienceWorkdayCompensation training materialsChartHopCompensation consultingHuman capital management

Required

6+ years of relevant experience including experience with both cash and stock compensation
Advanced Microsoft Excel modeling skills
Ability to translate compensation data into digestible insights for an executive audience
Program management experience needed including managing timelines, multiple stakeholders, conducting retrospectives, and developing communications plans
Exceptional analytical and quantitative skills with a commitment to accuracy
Comfortable working with sensitive information and maintaining confidentiality

Preferred

Public company experience strongly preferred
Bachelor’s degree in quantitative field preferred (e.g. Business, Mathematics, etc)
Some experience designing and facilitating compensation training materials
Experience with Workday, ChartHop and/or compensation planning systems preferred
Previous experience in compensation consulting or human capital management environment
Advanced Microsoft Excel experience including developing models

Benefits

Flexible hours and virtual first work culture with a home office stipend
Premium Medical, Dental, and Vision Insurance plans
Generous paid parental and caregiver leave
401(k) savings plan with matching contributions
Financial advisor and financial wellness support
Flexible PTO and generous company holidays, including Juneteenth and Winter Break
All-company in-person events once or twice a year and virtual events throughout to connect with your team members and leadership team

Company

Dave is a banking app that offers customers banking, financial insights, overdraft protection, and building credit products.

Funding

Current Stage
Public Company
Total Funding
$646.3M
Key Investors
FTX VenturesTiger Global ManagementVictory Park Capital
2023-09-18Post Ipo Debt· $50M
2022-03-21Post Ipo Debt· $100M
2022-01-06Post Ipo Equity· $210M

Leadership Team

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Jason Wilk
Founder and CEO
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Paras Chitakar
CTO and Co-Founder
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Company data provided by crunchbase
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