Compensation Manager
Mission LaneSalary not specified
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
FinTech, Financial ServicesIndustries
Requirements
- 5+ years of experience in Compensation or Total Rewards
- Bachelor's Degree in HR, Business, Finance, or other related field
- Advanced data and analytical skills – the ability to collect, interpret, and present complex data
- Proficiency with spreadsheet software (like Excel) for tasks such as VLOOKUP and pivot tables
- Working knowledge of analytics dashboard tools, such as Tableau, preferred
- Deep knowledge of compensation frameworks, pay structures, job leveling, benchmarking, pay equity practices, and total rewards strategy (US and Canada required)
- Global compensation experience and experience working in a global organization (around 500+ employees) preferred
- Experience with HRIS and compensation tools such as Rippling, Payscale, and Pave preferred
- Working knowledge of equity compensation and the ability to support equity programs (incentive plans, options, documentation)
- Exceptional attention to detail, communication, critical thinking
- Deep expertise in Canadian compensation and benefits and experience supporting a global Total Rewards framework (ideal candidate)
Responsibilities
- Manage the full-cycle compensation and total rewards initiatives
- Manage and improve compensation processes, including job architecture, salary reviews, pay equity analyses, market competitiveness, and performance-based compensation strategies
- Administer annual compensation, incentive, bonus, and equity programs with precision and insight
- Leverage salary surveys and analyze market data on a recurring basis to guide compensation decisions
- Serve as a trusted advisor for compensation guidance, providing data, insights, and recommendations for compensation and benefits decisions
- Provide insights and recommendations on our benefits program, analyzing benefits utilization data and market trends to assess the competitiveness and cost-effectiveness of current offerings
- Support administration of total rewards programming, including the annual open enrollment process, and maintain compliance with relevant and local regulations
- Partner with the Senior Manager, Total Rewards to translate the data and execute on strategic business decisions that attract talent, promote retention, and incentivize employees
- Build dashboards or reporting tools to analyze compensation trends, such as offer activity and internal pay equity
- Maintain compliance with relevant compensation and benefits laws and policies
- Ensure accurate data entry and integrity within the HRIS and other systems related to compensation and benefits
- Collaborate cross-functionally with Talent Acquisition, HRBPs, Finance, Recruiting, and Legal to drive decision-consistency, and provide market-aligned offer guidance
Skills
Compensation Management
Total Rewards
Job Architecture
Salary Reviews
Pay Equity Analysis
Market Competitiveness
Performance-Based Compensation
Incentive Programs
Bonus Administration
Equity Programs
Salary Surveys
Market Data Analysis
Forward Financing
Provides fast funding solutions for small businesses
About Forward Financing
Forward Financing offers fast and flexible funding solutions to small businesses in the United States, focusing on those who may not qualify for traditional bank loans. Their main product is a merchant cash advance, which provides a lump sum of cash in exchange for a percentage of future sales, allowing for quick funding often within 24 hours. Unlike traditional lenders, Forward Financing operates in the alternative lending space, providing a more accessible application process, though at higher fees due to the increased risk. The company's goal is to support small business growth by offering reliable funding while adhering to high ethical standards.
Boston, MassachusettsHeadquarters
2012Year Founded
$365MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
401(k) Retirement Plan
Unlimited Paid Time Off
Paid Parental Leave
Wellness Program
Professional Development Budget
Flexible Work Hours
Remote Work Options
Risks
New fintech startups in Boston may challenge Forward Financing's market share.
CEO Jason Mullins' strategic shifts could disrupt operations or alienate clients.
Expansion of $450 million credit facility may increase financial risk if not managed well.
Differentiation
Forward Financing offers fast, flexible funding with approvals within minutes.
The company has provided over $1.9 billion to 45,000 small businesses since 2012.
Forward Financing is A+ rated by the Better Business Bureau and has a 4.9-star Trustpilot rating.
Upsides
Increased demand for alternative lending boosts Forward Financing's market potential.
AI and machine learning enhance Forward Financing's risk assessment and underwriting processes.
Digital-first financial services trend aligns with Forward Financing's online application model.
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