Oportun. Inc

Sr. Analyst, Compensation Consulting

Req No.
2020-9219
Department
Human Resources
Type
Regular Full-Time
Job Locations
US-CA-San Carlos

Overview

ABOUT OPORTUN

 

Oportun is a mission-driven, technology-powered provider of inclusive, affordable financial services and a certified Community Development Financial Institution (CDFI).

 

We seek to serve the 100 million people in the US who are shut out of the financial mainstream because they are credit invisible or are mis-scored because they have limited credit history. By lending money to hardworking, low-to-moderate income individuals, we help them move forward in their lives, demonstrate their creditworthiness, and establish the credit history they need to access new opportunities.

 

Since 2006, we have lent over $6.8 billion through over 3.1 million affordable small dollar loans and have helped over 730,000 people start establishing credit. In recognition of inventive approach, we were recognized by Time Magazine as one of 50 Genius Companies inventing the future.

 

The Bay Area News Group recognized Oportun as a Top Workplace in 2019. Come and be a part of our community of employees, partners, and customers who are devoted to expanding financial opportunity for millions. When we work together, we can make life better.

 

SUMMARY

 

As the Sr. Analyst, Compensation Consulting, you will have the opportunity to gain broad exposure to the various aspects of compensation consulting and supporting several functions within the organization. This role will partner with the Human Resources Business Partner(s) on all aspects of total rewards (consulting, offers, training, program management, etc.) The successful candidate will manage business initiatives associated with total company-wide rewards programs including the design and development of cash compensation and equity programs that ensure competitive compensation and attract and retain talent while maintaining cost effectiveness and "best practices".

 

Responsibilities

  • Work closely with HR Business Partners, Talent Acquisition, and Business Leaders to drive and influence compensation strategy within assigned client organizations
  • Play a key role in the planning and execution of the global compensation programs including job architecture, annual compensation review, mid-year review and bonus plan administration
  • Key role in benchmarking process and development of salary structures in the US and Mexico
  • Partner with talent acquisition for offers and HR business partners on other compensation matters driving issues through to resolution
  • Complete annual salary survey submissions
  • Evaluate all new jobs/reclassifications, or reorganizations to determine appropriate salary, grade and title.
  • Consult with managers and HR Business Partners on market data, make recommendations for change and implement process.
  • Coordinate, administer and monitor base pay and incentive compensation programs for internal clients.
  • Perform regular audits of the data to ensure changes are within guidelines and have all necessary approvals.
  • Develop communications announcing compensation programs, timelines, and changes.
  • Analyze results of salary surveys for client's benchmark and non-benchmark jobs.
  • Provide data on market changes for salary planning.
  • Participate in projects related to compensation program design, implementation, and administration
  • Apply knowledge of compensation policies and procedures to recommend and implement solutions.
  • Continuously identify opportunities to improve, automate and streamline processes
  • Additional projects and responsibilities as required.

 

Qualifications

  • Bachelor’s degree; concentration in analytical field such as finance, accounting or economics preferred
  • Strong analytical and problem-solving abilities
  • Proficiency in Microsoft Excel, PowerPoint, and Word
  • Innovative team player with skills to influence and communicate at all levels -- you demonstrate confidence, credibility, good judgment
  • Excellent documentation, communication, and presentation skills; attention to details focusing on completeness and accuracy of information
  • Excellent project management, organizational, and follow-up skills necessary to prioritize and complete multiple projects and tasks and effectively meet deadlines.
  • Demonstrated ability to work independently and within a team, conduct research, cost analysis, formulate conclusions and present conclusions regarding business issues
  • Verbal, written and interpersonal skills necessary to communicate effectively with all levels of the organization.
  • Knowledge of compensation policies and programs and associated compliance issues.
  • Ability to analyze data proficient in MS Excel
  • Working knowledge of Workday is a plus
  • High moral character, integrity, and adherence to the highest business ethics standards

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