Compensation Analyst II (Hybrid)

Posted 8 Days Ago
Be an Early Applicant
Irving, TX
63K-87K Annually
Junior
Automotive • Fintech • Financial Services
The Role
The Compensation Analyst II will shape compensation programs, perform market analysis, build models and dashboards, and support variable pay programs.
Summary Generated by Built In

At Exeter Finance, we are committed to helping customers find the right financing for their next vehicle purchase. By building strong relationships with our customers and network of dealer partners we are able to give options that make sense, getting customers behind the wheel of their car. 

Every team member is integral to our success. Whether you’re at a servicing center helping customers with their loans, in the field building relationships with dealers, or supporting the company from its corporate offices, you'll enjoy a nurturing, invigorating and positive work environment.

Our vision is to be a premier finance company and lender of choice known for its People, Performance and Service.

Job Description

Job Summary

Excellent opportunity to shape our compensation programs through comprehensive compensation analysis, design, and administration. Consult with and advise HR partners and leadership on the optimal design of compensation programs and pay decisions. Perform data-driven market analysis and conduct research on competitiveness of base and variable pay programs, providing analytical and technical support, enhancing compensation offerings, and influencing alignment to market.

Job Duties

  • Review and analyze data to ensure competitiveness of total rewards programs, recommending changes based on market research and internal analysis.

  • Create and build models, dashboards, metrics, reports, and tools to guide compensation decisions, highlighting trends and actionable insights seen in the data. 

  • Conduct research and analysis of industry trends, salary surveys, and best practices to design competitive total compensation and rewards packages. Recommend and influence program design by leveraging research, data, and analytics to suggest modifications that align with market benchmarks.

  • Develop and execute compensation projects including survey submissions, salary survey analysis, market pricing and grade assignments, compensation projects (special market studies, job family hierarchies, career framework and job architecture), pay equity evaluation, geographic zone assignments, annual merit review, pay planning, and salary grade structure maintenance.

  • Support in the design, implementation and administration of variable pay programs (including sales and monthly bonus plans) to include cost analysis, program modeling, consulting on design changes, plan document updates, and administering monthly calculations.

  • Augment and suggest edits to job descriptions; Conduct job evaluations and market pricing.

  • Develop compensation recommendations for new hires, promotions, and other actions, including special incentives and retention programs. Perform employee impact analysis and conduct holistic evaluations to ensure fairness, competitiveness, and alignment with pay philosophy.

  • Assist with designing communication materials, manager training, change management, system administration, testing, and end-user training.

  • Other duties and special projects as assigned. ​

Education and Experience

  • Bachelor's degree in related field (e.g., Accounting, Finance, Analytics, etc.) preferred.

  • 2+ years of experience supporting Compensation, Data Driven Market Analysis, Total Rewards, Analytics, or related field.

  • Expertise in Excel, with an ability to interpret and conduct analysis of data; Intellectual curiosity to self-teach and learn complex Excel formulas to build and cost out models for new or revised programs.

  • Strong attention to detail with the ability to quickly identify patterns and reconcile numbers. Proficient in statistical modeling, mathematics, and performing quick turn analyses.

  • Working knowledge of data analytics and visualization tools such as Power BI, Tableau, Python, and R a plus.

  • Strong analytical, written/verbal communication, interpersonal, and relationship building skills.

  • Ability to manage multiple projects and responsibilities. Ability to adapt to change quickly and multi-task.

  • Experience with Workday preferred; Demonstrated knowledge of total rewards plans and processes preferred.

#LI-Hybrid

Exeter Finance LLC is an Equal Opportunity Employer.

Individual compensation packages are based on various factors unique to each candidate including

skill set, experience, qualifications and other job-related reasons.

63,300.00 USD-$87,450.00

Top Skills

Excel
Power BI
Python
R
Tableau
Workday
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The Company
HQ: Irving, TX
1,085 Employees
On-site Workplace
Year Founded: 2006

What We Do

At Exeter, we are committed to helping consumers find the right financing for their next vehicle purchase. We work with thousands of franchised and independent auto dealers nationwide to make vehicle ownership possible for everyone. We have helped more than one million consumers purchase the cars and trucks they want by providing the financing solutions they need.

Our mission is to create superior value for our stakeholders by providing financial solutions through building exceptional customer, dealer and partner relationships while exhibiting a Culture of Excellence.

Our vision is to be a premier auto finance company and lender of choice known for its People, Performance and Service.

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