Compensation Manager

Mission Lane

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profile Job Location:

Philadelphia, PA - USA

profile Monthly Salary: $ 116000 - 150000
Posted on: 18 hours ago
Vacancies: 1 Vacancy

Job Summary

Mission Lane is combining the power of data technology and exceptional service to pave a clear way forward for millions of people on the path to financial success. By attracting top talent and leveraging cutting-edge technology were enabling people to unlock real financial progress. Sound like a mission you can get behind

Were looking for a Compensation Manager who excels at turning analysis into actionable compensation strategy using clear communication and strong partnerships to bring it to life.

The Impact Youll Make:

Youll drive forward our mission of empowering people to unlock financial progress by ensuring our compensation programs remain competitive equitable and clearly understood. Your work will be a key driver in our ability to attract motivate and retain the incredible talent we need in order to serve our customers.

In your first year you will take ownership of our core compensation cycles (merit bonus and equity) refine our incentive plans and establish yourself as a trusted advisor to HR partners and business leaders. Success means our teams feel confident in our pay practices and we have the market data needed to plan for the year ahead.

This role is a fantastic opportunity to make a significant impact on our company-wide compensation strategy and be a key steward of our compensation philosophy helping it evolve as we scale in a high-growth mission-driven environment.

As Compensation Manager you will:

  • Maintain and Evolve Our Structure: Manage our compensation architecture including job evaluations and salary structures to ensure internal equity.
  • Keep Us Competitive: Lead the annual refresh of compensation data analyzing market trends to ensure our pay remains competitive.
  • Run Our Core Programs: Lead the company-wide annual merit bonus and equity refresh processes from planning and budgeting to execution and communication.
  • Shape Incentive Plans: Partner in the design documentation and administration of our various incentive plans from monthly production bonuses to annual corporate incentives.
  • Be a Trusted Partner: Work closely with HR Business Partners (HRBPs) and hiring managers to price new jobs and manage compensation for promotions transfers and market adjustments.
  • Analyze and Advise: Analyze and recommend the appropriate mix of base pay incentive and equity across the organization.
  • Support Executive Planning: Prepare clear data-driven materials for the Compensation Committee including peer group analysis and executive compensation data.
  • Educate and Empower: Serve as a key resource for educating managers and employees on our compensation philosophy and practices translating complex data into simple actionable insights.

Minimum Qualifications:

  • Bachelors degree in Human Resources Finance Business or a related field.
  • 7 years of broad-based compensation experience including job evaluation market pricing and salary structure design.
  • Demonstrated experience managing annual compensation cycles (merit bonus and/or equity).
  • Strong analytical and problem-solving skills with an exceptional attention to detail.
  • Advanced proficiency in Microsoft Excel/Google Sheets (e.g. v-lookups pivot tables complex modeling).
  • Deep experience using compensation survey data and tools.
  • Proficiency with HRIS and compensation management modules.
  • Excellent communication and stakeholder management skills with the ability to present complex data clearly to leaders.

Preferred Qualifications:

  • Certified Compensation Professional (CCP) PHR or SHRM-CP certification.
  • Experience preparing materials for a Compensation Committee.
  • Experience in a fast-paced high-growth environment.

Key Competencies:

  • Analytical Rigor: Youre driven to find the right answer using data and are comfortable prioritizing truth over avoiding a difficult conversation.
  • Accountable Partnership: You take full ownership of compensation cycles and build trusting relationships with HR partners and business leaders.
  • Empathetic Influence: You navigate sensitive conversations with finesse welcoming different perspectives to educate and align.
  • Continuous Improvement: You actively look for ways to improve our processes making them more efficient and effective as we scale.
  • Meticulous Accuracy: You have an incredibly high bar for accuracy knowing that small errors in compensation have a big impact.

Compensation:

Annual full time base salary range: $116000 - $150000

Additional compensation in the form(s) of participation in our annual incentive program and equity are dependent on role. Pay is based on factors such as work experience education certification(s) training skills and competencies related to the role. Mission Lane also offers a comprehensive benefits plan which includes paid time off 401(k) match a monthly wellness stipend health/ dental/ vision insurance options disability coverage paid parental leave flexible spending account (for childcare and healthcare) life insurance and a remote-friendly work environment.

#LI-DNI

About Mission Lane:

Founded in December 2018 Mission Lane is a purpose-driven fintech company based in the U.S. with headquarters in Richmond Virginia.

It all started with a realization: nearly fifty percent of the adult population in the U.S. doesnt have access to a clear line of credit. Most traditional credit card companies either overlook or overcharge this group because they have less-than-perfect credit scores or no scores at all. We decided this just wouldnt do.

In partnership with our sponsor banks we offer credit cards under the Mission Lane brand name with better clearer terms and a more refined customer experience than the alternatives available to people working hard to improve their date over four million consumers have chosen Mission Lane earning high customer ratings on Credit Karma for its market segment and industry leading Net Promoter scores.

Mission Lane has cumulatively raised over $600 million of equity from leading investors including Invus Opportunities QED Investors LL Funds funds affiliated with Oaktree Capital Management and other leading investors.

Our commitment to a workplace built on respect and dignity is guided by our core value of Unity. We believe that everyone plays a vital role in our shared purpose and we actively cultivate an environment where all individuals have the opportunity to do their best work. By fostering a culture of empathy and collaboration we create a strong sense of belonging and support for every team member.

Mission Lane is an equal opportunity employer. We do not discriminate on the basis of race color religion sex (including pregnancy sexual orientation or gender identity) national origin age disability genetic information or any other protected status.

Mission Lane provides reasonable accommodations to applicants who need them for medical or religious reasons as required by law. Applicants can initiate an accommodation request by contacting .

Mission Lane is not sponsoring new applicant employment authorization and please no third-party recruiters.

Application Integrity:

Our cardholders trust us with their financial well-being and this trust starts with the integrity of the people on our team. Were looking for team members who share our dedication to transparency and verify that the information in your application is accurate and complete.

Providing any information to Mission Lane that is not completely truthful at any point during the application or hiring process may result in removal from the hiring process disqualification from future opportunities withdrawal of an offer or other sanctions for candidates and in addition for employees disciplinary action up to and including termination of employment.


Required Experience:

Manager

Mission Lane is combining the power of data technology and exceptional service to pave a clear way forward for millions of people on the path to financial success. By attracting top talent and leveraging cutting-edge technology were enabling people to unlock real financial progress. Sound like a mis...
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Key Skills

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  • Employee Evaluation
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  • Mentoring
  • Supervising Experience
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