Compensation Manager

Summary

Join Marqeta as their Compensation Manager and become a strategic business partner, designing, planning, and implementing compensation programs, policies, and processes. This impactful role requires collaboration with leadership and the People Experience team to create tailored solutions that balance market competitiveness and fiscal responsibility. You will act as a primary partner for assigned business functions, design compensation solutions, manage compensation programs, conduct market analysis, perform compensation modeling and analysis, and communicate compensation information effectively. The position requires significant experience in global compensation, expertise in high-growth tech companies, and strong analytical and communication skills. Marqeta offers a flexible work environment, competitive compensation, and a comprehensive benefits package.

Requirements

• Significant experience in global compensation, including developing, recommending, implementing, and administering compensation programs
• Prior experience with high-growth tech companies scaling their business and workforce
• Flexible, growth mindset, comfort with ambiguity and change
• Demonstrated success balancing aiming for excellence versus a sense of urgency.  Detail-oriented with a high level of accuracy and strong time management skills
• Exceptional results orientation with a high degree of personal initiative
• Collaborative team player with a customer centric approach and focus on doing what is best for the business
• Proven problem-solving skills as well as an ability to manage multiple tasks simultaneously to successful completion in a fast-paced environment
• Excellent verbal and written communication skills
• Strong ability to foster relationships
• Advanced Google Sheets expertise and ability to create, organize and manipulate large sets of data in complex spreadsheets.  Or the same in Excel and a willingness to learn and work predominantly in Google Sheets
• Familiarity with Workday, including hands-on experience coaching managers through at least one compensation cycle in the system

Responsibilities

• Act as the primary partner for assigned business function client groups and serve as a strategic advisor on complex compensation matters
• Partner with People Business Partners (PBPs), business leaders, and managers to design compelling, scalable compensation solutions, by seeking to understand the desired outcome, sharing expertise, and proposing solutions
• Collaborate with PBPS, Talent Acquisition, Finance, and other internal stakeholders to ensure seamless execution of compensation programs.  Facilitate annual merit, bonus, and equity programs for assigned client groups
• Partner across the compensation team to manage the job and compensation structure related to your client groups.  Conduct quarterly and ad-hoc analyses ensuring external competitiveness, internal equity, and legal compliance. Monitor trends affecting compensation.  Support pay transparency and other required reporting.  Complete required survey participation.  Stay abreast of industry best practices and changes in legislation related to compensation
• Conduct modeling and analysis on all aspects of compensation which may include building analytical models that predict or identify compensation related issues.  Evaluate existing roles and provide consultation on new roles using a combination of internal and external data
• Develop and deliver efficient and effective presentations to influence decision making . Develop training and educational tools to communicate compensation philosophy, programs, fundamentals, and tools
• Partner with Talent Acquisition and PBPs on new hire offers and internal mobility
• Partner with HRIS, Payroll, and Equity teams to ensure proper transmission of payment and award data

Preferred Qualifications

• Bachelor's or Master's degree in a field related to Finance, Business management/administration, or Human Resources
• Certified Compensation Professional (CCP)
• Sales compensation experience

Benefits

• Multiple health insurance options
• Flexible time off – take what you need
• Retirement savings program with company contribution and after tax contributions
• Equity in a publicly-traded company and an Employee Stock Purchase Program
• Family-forming benefits, fertility support, and up to 20 weeks of Parental Leave
• Free therapy sessions, financial and professional coaching, and legal advice
• Monthly stipend to support our remote work model
• Annual “development dollars” to support our people growth and development
• Through Flex First, the freedom to live and work wherever you and your family thrive
• Annual bonuses to eligible employees