VP/Director, Compensation

OneMain FinancialNew York, NY
Hybrid

About The Position

OneMain 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 OneMain, 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.

Requirements

  • 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

Responsibilities

  • 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)
  • Design and administration oversight of deferred compensation and equity plans in partnership with 3rd party vendors (e.g. Fidelity, Morgan Stanley, Aon)
  • Compensation Committee materials / CD&A / Annual Proxy fillings
  • Create and maintain governance documents related to compensation (e.g., Buyouts/Replacement awards, published compensation policy documents, approvals, best practices, etc.)
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