Socure · 11 hours ago
Head of Global Total Rewards
Socure is building the identity trust infrastructure for the digital economy, and they are seeking a Head of Global Total Rewards to shape and lead the reward strategy of the organization. This role involves developing compensation and benefits programs, managing relationships with benefits brokers, and ensuring alignment with legal standards while continuously evaluating the effectiveness of rewards programs.
Artificial Intelligence (AI)Cyber SecurityFraud DetectionIdentity ManagementInformation ServicesInformation TechnologyMachine LearningPredictive Analytics
Responsibilities
Develop and lead the Company’s comprehensive strategy for Total Rewards using compelling and equitable compensation and benefits programs aimed at attracting and retaining world-class talent in a competitive environment and across multi-disciplines
Provide strategic direction, planning, and requirements to execute the design, implementation, communication, and administration of the company's compensation programs; including annual short- and long-term incentives, health and welfare benefits, retirement plans executive compensation
Manage relationships with benefits brokers, oversee the design, communication, and administration of employee benefit programs, including health, wellness, retirement, and other perks
Lead a Total Rewards team to manage benefits programs, including health, dental, vision, life insurance and evaluate current benefit offerings and recommend improvements to align with needs and market trends
Ensure alignment with Socure’s principles, roadmap and compliance with legal and regulatory standards
Continuously evaluate the effectiveness of our rewards programs to ensure they are aligned with our business and talent strategies and monitor market trends to make recommendations for changes, as appropriate
Partner with commercial/market facing leaders to define the strategy and design of sales incentive compensation plans
Collaborate with HR and executive leadership to ensure pay equity and fairness across the organization
Oversee audits and reporting as needed for compensation and benefits programs
Champions a strong partnership with HRIS to define requirements, process guidance and continued enhancement and automation of compensation system modules and planning
Provide C suite executives and board members with the ongoing management of Socure’s equity program and practices. This includes competitive positioning, geographic and functional differences, sustainability, and considerations for employee liquidity
Manage year-end and mid-year compensation processes (including merit, promotions, equity, etc)
Conduct regular compensation benchmarking to ensure that salary structures, bonuses, and other incentives are competitive in the market
Develop and deliver communication strategies to effectively educate employees about total rewards programs
Qualification
Required
10+ years of related work experience leading total rewards, expert technical knowledge within their functional area(s), and typically 7+ years management experience
Extensive hands-on experience with Executive Compensation, Sales Compensation, Equity Programs, PreIPO Stage Companies, Market Benchmark Surveys and Benefits/Retirement Strategy
Strong consultative skill sets and builder mentality to align total rewards with the business needs
Skills and competencies include direction setting, analytical translation, benefits and rewards, business advisory, co-creation of strategy, employee health and compensation programs
Preferred
Experience in financial technology and global organizations preferred
Experience in WorkDay Implementation, and Compensation Modules within WorkDay a plus
Company
Socure
Socure is a predictive analytics platform for digital identity verification of consumers.
Funding
Current Stage
Late StageTotal Funding
$744.4MKey Investors
Capital One VenturesAccelSorenson Ventures
2023-03-08Debt Financing· $95M
2021-11-09Series E· $450M
2021-06-03Series Unknown
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