VP/Director, Compensation
Location: New York, New York
What makes a VP/Director, Compensation successful at OneMain? Check out the top traits we’re looking for and see if you qualify.
- Collaborative
- Communicator
- Creative
- Strategic
- Relationship Expertise
- Results Driven
Culture
- We prioritize teamwork and building in-person connections with each other, understanding that fostering a collaborative environment is the best way to support each other.
- We encourage teams to take ownership of initiatives in this fast-paced, entrepreneurial environment so they can drive solutions that stay ahead of customer needs.
- We engage in work that is not only meaningful but also fosters professional growth.
- We exemplify agility and innate curiosity, fostering collaboration with cross-functional groups and projects.
The best part about working at OneMain is the opportunity to empower our team members to maximize their potential.
Jamelle B., Organizational Development and Learning
Benefits
We promote social and family well-being by offering paid time off for volunteer hours and providing family back-up care.
We offer extensive, comprehensive coverage to support team members’ needs physically and mentally, such as access to Talkspace and Hinge for on-demand physical therapy via an app.
We offer financial wellness that includes 401(k) with match, ESPP, tuition reimbursement and tools like subscription cancelation that help you stay on top of your financial goals.
VP/Director, Compensation
Location: New York, NY
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 VP/Director of Compensation. 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)Equity/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
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