Senior Compensation Analyst
Summary
Designs and maintains SoFi’s global pay structures, equity programs, and job architecture to ensure competitive compensation while partnering with finance and leadership on budgeting and executive pay.
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 financial services company and national bank 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:
As a Senior Compensation Analyst, you will play a key role in shaping SoFi Technologies’ global compensation strategy and programs to attract, retain, and motivate top talent globally. This role will lead our global job architecture, compensation structures, market benchmarking, and broad-based compensation modeling. You will use expert knowledge, market data, trends, technology, and financial analysis to develop compensation frameworks that are competitive, scalable, and aligned with our compensation philosophy.
You will be responsible for developing our annual cash and equity guidelines, modeling program budgets, and partnering with Finance on monthly stock-based compensation forecasting and analysis. You will also support the executive compensation function, working closely with the Executive Compensation Lead on Compensation Committee materials, executive compensation programs, and related disclosures.
What you’ll do:
Broad-Based Strategy & Execution
- Lead global compensation benchmarking, market pricing, and the development of compensation structures, including base salary ranges, target bonuses, and long-term incentive guidelines.
- Own and enhance SoFi’s global job architecture, including job families, career levels, job profiles, and related compensation frameworks.
- Lead job architecture maintenance and redesign projects to support organizational design, workforce planning, career development, and talent acquisition.
- Develop recommendations for annual cash and equity program budgets based on market data, business priorities, affordability, and compensation strategy.
- Develop and maintain equity guidelines and model the share usage, dilution, and stock-based compensation impact of new hire, promotion, refresh, and other equity programs.
- Partner with Finance on monthly stock-based compensation forecasting, variance analysis, and long-term planning.
- Apply country-specific market practices and regulatory considerations to ensure compensation structures are locally competitive while remaining consistent with SoFi’s global compensation philosophy.
- Monitor compensation trends, market practices, and emerging developments, providing recommendations and insights to the Compensation team and business leaders.
- Partner with People, Finance, Legal, Compliance, and Talent Acquisition to ensure compensation programs support business needs and are administered consistently.
Executive Compensation Support
- Support the preparation of quarterly Compensation Committee and Board materials, including executive compensation analyses, scenario modeling, and executive-ready insights.
- Assist with the preparation of proxy disclosures, including the Compensation Discussion and Analysis and SEC-required compensation tables, in partnership with Legal, Accounting, Finance, and Investor Relations.
- Support executive compensation operations, including incentive program tracking, Compensation Committee approval materials, stock ownership policy compliance, and executive offer letter development.
- Conduct executive compensation benchmarking and market analysis using relevant survey and peer company data.
What You'll Need:
- Bachelor’s degree in finance, economics, human resources, business, or a related field. An advanced degree or relevant professional certification is a plus.
- At least six years of broad-based compensation experience, including at least three years of direct experience developing job architecture, compensation structures, and market benchmarking frameworks. Executive compensation experience is preferred but not required.
- Experience owning or significantly contributing to global job architecture programs, including job families, career levels, salary structures, and incentive guidelines.
- Experience developing compensation programs for a multinational organization, including familiarity with country-specific compensation practices and structures.
- Direct experience supporting compensation programs in Latin America, including markets such as Argentina, Brazil, Ecuador, and Uruguay.
- Advanced Excel or Google Sheets skills, including experience building complex compensation, equity, and financial models.
- Experience modeling stock-based compensation expense, equity usage, dilution, or related financial impacts in partnership with Finance or Accounting.
- Experience using major compensation surveys and data providers, such as Radford, Willis Towers Watson, Mercer, or McLagan.
- Strong analytical and problem-solving skills, with the ability to interpret complex data and translate findings into practical recommendations.
- Strong written, verbal, and presentation skills, including the ability to communicate complex compensation concepts clearly to different audiences.
- Demonstrated ability to manage sensitive and confidential information with discretion.
- Strong cross-functional partnership skills and experience working with stakeholders across People, Finance, Legal, Accounting, Compliance, and Talent Acquisition.
- Ability to manage multiple priorities, work independently, and deliver accurate results in a fast-paced environment.
- Demonstrate exceptional attention to detail, take pride in delivering accurate and clear work, and thrive with a high degree of autonomy.