Senior HR Compensation Manager

3 weeks ago

San Diego, United States Midland Credit Management Full time
Job DescriptionJob Description

Manages Compensation processes to support deployment of MCM’s Total Rewards Strategy. Develops, implements, and administers MCM’s global compensation strategy to ensure alignment of pay practices and the global compensation philosophy. In conjunction with Compensation team members, performs complex analytics and provides insights based on data to support functional decision making. 

 

RESPONSIBILITIES

  • Manages the development, implementation, and administration of MCM’s compensation program. Ensures the effectiveness of existing compensation practices and recommends changes that are cost-effective and consistent with compensation trends, best practices, and to improve corporate objectives. Develops techniques for compiling, preparing, and presenting compensation trends and data in a compelling and illustrative manner to support key stakeholder decision making.
  • Manages global compensation team members ensuring strong performance and operational success. Administers performance reviews, coaching, and development activities as necessary.
  • Leads the planning and execution of the Annual / Mid-year/ Off-cycle Compensation Planning processes.  Performs analysis such as comp ratios and cost impact analysis to evaluate overall impact of proposals. Works with HRBP teams and business to ensure seamless processing in payroll system and communication of rewards.
  • In conjunction with Compensation team members, performs compensation bench-marking studies by working with consulting partners to submit survey information for compensation programs. Receives survey reports and performs detailed data checks and analysis. Performs data comparisons and insights to support Pay range development process.
  • Performs analysis of compensation programs or related projects which support the Total Rewards Strategy. This may include calculating costs and/or value of compensation programs such as base salary structures, Short Term Incentive (STI) and Long-Term Incentive (LTI) analysis. Uses creativity and compensation best practices to design pay programs to meet the needs of the business.
  • Manage all related statutory compliances and track regulatory changes such as minimum wages, pay ratio and pay equity, ensuing compliance with all federal, state, and local compensation laws and regulations.  Provides advice and guidance to business stakeholders and HRBPs on pay decisions, policy interpretation and job evaluations.
  • Performs other transactions related to compensation management including approvals in Workday and reporting.

 

MINIMUM REQUIREMENTS

EDUCATION:  Bachelor's                     FIELD OF STUDY:  Human Resources, Business or quantitative field

EXPERIENCE:  10 or more years of relevant compensation and human capital management; people management

KNOWLEDGE, SKILLS, ABILITIES, AND OTHER ATTRIBUTES:

  • Advanced MS Office skills with experience in project or process management tools
  • Excellent collaboration and problem-solving skills, with demonstrated ability to influence others and deal with ambiguity
  • Strong business acumen and prioritization skills
  • Demonstrated ability to lead, manage, and develop a team with diverse talents and needs

 

PREFERRED QUALIFICATIONS

EDUCATION:  Master's or Advanced                             FIELD OF STUDY:   Human Resources, Business or quantitative field

EXPERIENCE:  Financial services industry

CERTIFICATION(S):  CCP, SPHR, SHRM-SCP

 

Please note - this is a hybrid role (3 days in office) based in our San Diego Headquarters. We are open to relocation assistance, if needed. 

Company DescriptionWe are more than the market leader in portfolio purchasing and recovery in the United States – we’re a powerful voice that has shaped an industry by focusing on pro-consumer practices from our offices around the world. We believe that great results and consumer respect go hand-in-hand. By partnering with our consumers and making credit more accessible, we create pathways to economic freedom and restore their financial health. Since we first opened our doors in 1953, we have transformed our business through innovations, advanced analytics, new technology and thought leadership. We’ve built an energized, fun environment that’s filled with life. The work we do has helped millions of people recover from their financial difficulties and rebuild their lives.Company DescriptionWe are more than the market leader in portfolio purchasing and recovery in the United States – we’re a powerful voice that has shaped an industry by focusing on pro-consumer practices from our offices around the world. We believe that great results and consumer respect go hand-in-hand. By partnering with our consumers and making credit more accessible, we create pathways to economic freedom and restore their financial health. Since we first opened our doors in 1953, we have transformed our business through innovations, advanced analytics, new technology and thought leadership. We’ve built an energized, fun environment that’s filled with life. The work we do has helped millions of people recover from their financial difficulties and rebuild their lives.

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