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    Compensation Manager - Dallas, United States - Invigorate Finance

    Invigorate Finance
    Invigorate Finance Dallas, United States

    2 weeks ago

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    Description


    The Fay Group originated in 2008, is a full-scale real estate services company that offers mortgage servicing, property renovations, business purpose lending, insurance, and more to homeowners, investors, and clients nationwide.

    Fay handles a wide range of mortgage loan solutions for prospective homeowners with varying credit histories and also offers refinancing for existing mortgages.


    The Fay Group is made up of separate business units offering a complete range of home ownership products and services that provide customers with solutions to navigate the challenges of home ownership while helping them build toward their long-term financial goals.

    Fay Cares

    While others in our industry focus on collecting money-or else-we take a kinder, more humane approach when homeowners fall short, explains CEO Ed Fay.

    We consider the people behind those mortgages and work hard to give them the best chance possible to stay in their homes.

    The

    Fay-Constructive Foundation

    was established to fulfill the

    philanthropic mission of Fay Financial employees

    to serve the communities in which they live and work. Over 80% of employees across Fay, Constructive, and GenStone affiliate companies make voluntary contributions to the Foundation.

    Each quarter, their contributions are donated to organizations focused on improving education opportunities, combating poverty, and supporting military service members and first responders.

    The

    Compensation Manager

    will lead the development, implementation, and administration of compensation programs, policies, and procedures.

    The role will manage compensation administration to include:
    survey participation, job evaluation, salary structure development, incentive plan design, pay program administration, and other associated initiatives.

    The Compensation Manager ensures that base pay, incentive pay, and performance management programs remain competitive and conform to the current compensation strategy.

    The role will also direct data collection and analysis processes for market, pay equity, and other compensation studies.


    The role requires a balance of strong analysis, problem-solving, and data-driven decision-making capability coupled with effective communication, influencing, and consultative skills.

    This position functions in a matrixed reporting environment and requires strong collaboration and high agility to effectively meet the goals and objectives on time.

    What you will do for Fay:

    Lead the compensation analysis, evaluation, and determination of FLSA classification for new and existing positions using external and internal market data
    Conduct market pricing using the appropriate survey sources, scope criteria, and survey job matches
    Participate in salary survey programs including other salary and budget surveys as applicable to increase access to compensation data for salary administration
    Develop position pay ranges using market-based processing
    Develop and facilitate recurring pay reviews and updates to maintain market position and competitiveness
    Support the development and application of pay administration guidelines; provide training and consultation
    Consult on and drive consistency and norms for the development and administration of position titles
    Utilize and maintain market pricing database to benchmark jobs, ensure competitiveness, and run reports to uncover trends, inconsistencies, and areas for improvement
    Align incentive plans/ models through formal pay review and standardization of Terms and Conditions; perform recurring reviews to align to a consistent incentive comp model and philosophy
    Partner with the Business Leadership & Talent Acquisition team to recommend compensation packages for internal and external job candidates
    Assist with the proposal development, implementation, and maintenance of a Deferred Compensation Plan
    Serve as a subject matter expert for the HR department and the organization regarding pay practices and policies
    Work with the HRIS team in maintaining compensation modules and data for merit plans, bonus plans, job profiles, and reporting
    Actively monitor pay equity and transparency legislation at the state and local level; ensure Fay compliance
    Monitor and facilitate semi-annual minimum wage audits
    Develop domain knowledge of Fay's business to include an understanding of organizational goals and objectives
    Maintain broad influence through ongoing development of relationships across the organization
    Ensure compliance with Fay's policies, processes, and practices
    Maintain a current working knowledge of federal, state, and local regulations
    Ensure audit and control processes are current and followed in compliance with Fay's policies, department objectives, and federal and state requirements
    Role model ethical standards, professionalism, and code of conduct; ensure demonstrated behaviors align with Fay's Values and Operating Principles
    Perform other duties and responsibilities as assigned

    What you will bring to Fay:

    Bachelor's degree in Human Resources, or related field required. MBA or Master's degree preferred
    7+ years' progressive experience in Human Resources to include direct management of compensation & rewards
    Direct experience with market-based compensation practices, compensation software and job evaluation methodologies
    Certified Compensation Professional (CCP) certification preferred
    A broad base of experience in Human Resources to include previous HR Generalist/ business-facing roles
    Preference for previous experience leading people/ leading teams to include the acquisition and allocation of resources, performance management and talent development
    Direct experience supporting diverse business functions; financial services industry experience preferred
    Previous experience with HR transformation within small to mid-size companies
    Prior experience leading policy development and process/ workflow reviews
    Strong compliance orientation; experience identifying and implementing quality measures and controls
    Demonstrated experience leading initiatives across a distributed organization structure
    Thorough knowledge of federal/ state employment laws and regulatory requirements
    Experience with HRIS platforms such as ADP/ UltiPro/ UKG HRIS
    Advanced capabilities and knowledge of MS Excel, Word and PowerPoint
    Experience with compensation tools and platforms, SQL and PowerBI preferred
    Strong verbal and written communication skills
    Strong interpersonal skills with the ability to develop and maintain effective relationships across the organization
    Collaborative and consultative work style; high team-orientation
    Effective management skills with demonstrated ability to foster an environment of positive employee engagement and trust
    Strong analytical skills coupled with sound judgment
    Strong problem-solving abilities; ability to analyze and interpret data to identify opportunities and propose solutions
    Open to change; agile; high learning agility
    Demonstrated ability to establish credibility for recognizing and supporting the organization's culture, values, and priorities
    Strong project management skills
    Strong attention to detail; strong quality and compliance orientation
    Ability to effectively prioritize under tight deadlines in a fast-paced, dynamic environment, effective time management
    Self-directed; ability to proactively ask questions and surface issues/ concerns
    Professional maturity, integrity, ability to maintain confidential data and information
    Strong business acumen; strong fiscal and technical aptitude

    Diversity, Equity, and Inclusion are deeply embedded into our way of working at Fay. We believe that the best ideas come from having a team that is diverse in backgrounds, experiences, and perspectives.

    We strive to ensure each of our employees feels valued, respected, and included and is presented with equal opportunities to be successful here at Fay.

    We are proud to be an equal opportunity workplace. The Fay Group and affiliated companies participate in E-Verify. For more information go to E-Verify is a registered trademark of the U.S. Department of Homeland Security.
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