Director, Compensation

SoFiNew York City, New YorkRemoteFull-timeStaff, 8–12 yearsListed 44 minutes ago

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About this role

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Who we are:

Shape a brighter financial future with us.

Together with our members, we’re changing the way people think about and interact with personal finance.

We’re a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we’re at the forefront. We’re proud to come to work every day knowing that what we do has a direct impact on people’s lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.

The Role

At SoFi, we're building a world-class compensation function that enables us to attract, retain, and reward exceptional talent as we continue to grow. We're looking for a strategic and hands-on Director of Compensation to lead our enterprise compensation programs and partner closely with business leaders to ensure our compensation philosophy supports our business strategy and culture.

Reporting to the Head of Total Rewards, this leader will own broad-based compensation strategy and execution across the company while leading a high-performing team of compensation professionals. You'll partner with executives, People Business Partners, Finance, Talent Acquisition, Legal, and business leaders to evolve compensation programs that are market competitive, equitable, scalable, and aligned with SoFi's long-term objectives.

This is an opportunity to shape the future of compensation at one of the most innovative companies in financial services while leading an established team and influencing enterprise-wide decisions.

What You'll Do

- Lead SoFi's broad-based compensation function, including strategy, design, governance, implementation, and ongoing optimization.

- Develop and evolve compensation programs that support business growth, talent attraction, retention, internal equity, and pay-for-performance principles.

- Lead and develop a high-performing team of six compensation professionals, fostering a culture of collaboration, continuous improvement, and operational excellence.

- Partner closely with executive leadership, HR Business Partners, Finance, Talent Acquisition, and Legal to advise on compensation strategy and complex compensation decisions.

- Drive annual compensation planning, including merit, bonus, promotional, and equity review processes.

- Partner closely with Staff Compensation Analyst on market pricing, salary structures, job architecture, leveling, geographic pay practices, and compensation benchmarking.

- Ensure compensation programs remain competitive, compliant, and aligned with SoFi's compensation philosophy and evolving business needs.

- Provide strategic guidance on organizational design, new business initiatives, acquisitions, and workforce planning from a compensation perspective.

- Lead the broad-based compensation strategy for corporate development and M&A activities—driving compensation due diligence, retention package modeling, leveling/job-architecture mapping, and integration of acquired talent into SoFi’s total rewards framework.

- Leverage market intelligence, internal analytics, and compensation data to provide actionable recommendations to senior leadership.

- Partner with executive compensation and equity teams to ensure consistency across compensation programs and support enterprise compensation governance.

- Continuously improve compensation processes, systems, reporting, and operational efficiency while maintaining strong controls and compliance.

What You'll Need

- Bachelor's degree or equivalent practical experience.

- 15+ years of progressive compensation experience, including leadership within complex, high-growth, global organizations.

- Experience leading enterprise broad-based compensation strategy for a public or late-stage private company.

- Curiosity and practical experience leveraging AI tools or workflow automations to optimize compensation processes.

- Demonstrated success leading and developing high-performing compensation teams.

- Deep expertise in compensation philosophy, salary structures, market pricing, incentive design, job architecture, and leveling.

- Experience partnering directly with senior executives on strategic compensation decisions.

- Strong analytical capabilities with experience using market survey data and compensation analytics to influence business decisions.

- Proven ability to influence cross-functional stakeholders and navigate complex organizational environments.

- Excellent communication and executive presentation skills.

Nice To Have

- Certified Compensation Professional (CCP).

- Experience supporting global compensation programs.

- Experience within fintech, marketplace, SaaS, or other high-growth technology companies.

- Exposure to executive compensation, equity strategy, or Compensation Committee support.

- Experience implementing or evolving compensation technology and processes at scale.

Compensation and Benefits
The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location.

To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi (https://sofietyinfo.sofi.com/sofi-benefits) page!

SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.

The Company hires the best qualified candidate for the job, without regard to protected characteristics.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

New York applicants: Notice of Employee Rights

SoFi is committed to an inclusive culture. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email [email protected].

We are unable to accommodate remote work from Hawaii, Alaska or Puerto Rico at this time.

Internal Employees
If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.