Compensation Leader

myhrhome; New York (NY); Hybrid; USD 190,000 - 220,000; Full time

Benefits offered by this job

Health and well-being options

Up to 4% matching 401(k)

Employee Stock Purchase Plan

Tuition reimbursement

Continuing education

Bonus eligible

Paid time off

Paid volunteer time

Job summary

OneMain Financial is seeking an experienced Compensation Leader (Director) to drive the equity and deferred compensation strategy and design, Executive Compensation strategy (including directly supporting our Compensation Committee), and cross-HR Compliance lead.

Location is hybrid in NYC with a target base salary range of $190,000 - $220,000 plus a bonus program. Requires 10+ years in compensation, strong Excel analytics, and knowledge of HR regulatory topics.

Qualifications

• Bachelor's degree in Finance, Human Resources or business-related field.
• 10+ years' compensation experience, especially in executive space.
• Experience with compensation committee materials and proxy filings.
• Knowledge of federal and state HR laws and regulatory topics.
• Familiarity with wage transparency, 409a, FLSA, SOX, EEOC, ADA.
• Strong MS Excel analytics, including scenario modeling.

Responsibilities

• Compliance Lead for HR responsibilities and policy alignment with laws.
• Oversee deferred compensation and equity plan design with vendors.
• Support Compensation Committee materials and proxy filings.
• Create and maintain governance documents for compensation.

Skills

Bachelor's degree

10+ years experience

Proxy materials

HR regulatory knowledge

Wage transparency

Excel analytics

Problem solving

Education

Bachelor's degree in Finance/HR/Business

Tools

MS Excel

Job description

About Us

OneMain Financial (NYSE: OMF) is the leader in offering nonprime consumers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. With more than 1,300 retail locations supported by digital capabilities and centralized operations, we serve nearly 4 million customers in 48 states through personal loans, auto finance, credit cards, and insurance products designed to help people meet their financial needs today and progress to a stronger future. Since 1912, we have combined the scale, stability, and resources of a national financial services company with personal relationships, care, and local market knowledge of community-based teams. Today, our more than 9,300 team members are building on that legacy by applying data science, technology, and new ideas to enhance the customer experience, strengthen our business, and support long-term growth.

At OneMain, team members take on challenging, purposeful work in a collaborative and ethical environment where people are respected, contributions are recognized, and leaders are committed to development. Whether serving customers directly or enabling the people, capabilities, and operations that power our business, our team members have opportunities to expand their skills, advance their careers, and make a meaningful impact in the communities where we live and work.

The Role

OneMain Financial is seeking an experienced Compensation Leader (Director). As a direct report to the Head of Total Rewards, this role will help to drive the OneMain Financial Equity and Deferred Compensation strategy and design, Executive Compensation strategy (including directly supporting our Compensation Committee), and additionally taking on a newly created remit of cross-HR Compliance lead.

Job Responsibilities

Compliance Lead for HR

• Work with Legal and Compliance on any and all matters related to HR laws and policies (e.g., wage transparency, 409a, FLSA, state mandated reporting, SOX, EEOC, ADA)E quity/Deferred Compensation Strategy


• Design and administration oversight of deferred compensation and equity plans in partnership with 3rd party vendors (e.g. Fidelity, Morgan Stanley, Aon)

Executive Compensation

• Compensation Committee materials / CD&A / Annual Proxy fillings

Compensation Governance

• Create and maintain governance documents related to compensation (e.g., Buyouts/Replacement awards, published compensation policy documents, approvals, best practices, etc.)

Job Qualifications

• Bachelor's degree Finance, Human Resources or business-related field


• 10 + years' compensation experience especially in the executive compensation space


• Experience managing compensation committee materials and/or proxy fillings


• Knowledge of legal requirements related to Human Resources including federal and state laws


• Experience with compensation and/or human resources regulatory topics (e.g., wage transparency, 409a, FLSA, state mandated reporting, SOX, EEOC, ADA)


• Must have MS Excel analytical skills/experience (e.g., scenario modeling, statistical analysis)


• Ability to anticipate challenges, diagnose problems, prescribe actions, and promote resolutions that have a direct impact on business strategy

Location: hybrid in office - NYC

Target base salary range is $190,000 - $220,000 which is based on various factors including skills and work experience. In addition to base salary, this role is eligible for a competitive bonus compensation program that is based on individual and company performance.

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 is why we have packed our comprehensive benefits package with:

• Health and well-being options for team members and their dependents


• Up to 4% matching 401(k)


• Employee Stock Purchase Plan (10% share discount)


• Tuition reimbursement


• Continuing education


• Bonus eligible


• Paid time off


• Paid volunteer time

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, nationality, national origin, nationality, pregnancy, race, religion, sex, sexual orientation, socioeconomic status, transgender or on any other basis protected by law.