Compensation Leader

About Us

About Us:

One Main 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 One Main, 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:

One Main Financial is seeking an experienced Compensation Leader (Director). As a direct report to the Head of Total Rewards, this role will help to drive the One Main 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.

• 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.)

• 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

Target base salary range is $190,000 - $220,000 which is based on various factors including skills and work experience. In addition to base salary, this role is eligible for a competitive bonus compensation program that is based on individual and company performance.

• Health and well-being options for team members and their dependents
• Up to 4% matching 401(k)
• Employee Stock Purchase Plan (10% share discount)
• Tuition reimbursement
• Continuing education
• Bonus…