Senior Director, Total Rewards & Executive Compensation (Remote)

As a leading financial technology platform, OppFi powers banks to bring credit access to  millions of everyday consumers who are locked out of mainstream financial options. We go beyond our mission - to help people rebuild financial health - and go further to ensure we keep the customer at the center of everything we do. We are creating a Customer-obsessed culture, with the capital “C”. 

And it starts with our team here. We are a team of caring, innovative, and inclusive individuals who thrive in being immersed in diverse talents, expertise, perspectives and backgrounds. Our employees approach every new challenge with an unparalleled ability to see what could be rather than settle for what is. We welcome individuals who want to make a difference in the financial system through creating and building simple, transparent products that facilitate credit access, enable savings, and build wealth.

A few other fun facts about us. OppFi is an Inc. 5000 company for six straight years, a Deloitte's Technology Fast 500™, the seventh fastest-growing Chicagoland company by Crain's Chicago Business, and was named on Built In's 2022 Best Places to Work in Chicago.

As the Senior Director, Total Rewards & Executive Compensation, you will lead the design and execution of our Total Rewards strategy targeted at attracting, retaining and engaging talent in support of meeting both the short-term and long-term talent needs of the company. You will lead a specialized team focused on the daily operations of employee compensation, recognition, benefits, HR technology, and talent analytics. Equally important, you will be responsible for the daily management of activities associated with executive pay, programs and policies. You will also build an analytics function that enables us to leverage a diverse set of talent data to predict the needs of our workforce & business and adapt our talent strategy accordingly. Longer-term, you will drive the transition from private to public company compensation practices. You will report directly to the Chief Finance Officer.

Key Responsibilities

• Advance the strategic design and execution of our Total Rewards Programs in line with our business needs, culture, and values including our pay philosophy, benefits enhancements, salary and incentive structures, pay budgets and equity analysis.
• Use knowledge of market conditions, peer compensation programs, industry trends, and competitive talent landscape to design tailored strategies for compensation across our job levels and departments.
• Conduct comprehensive analysis of current and potential executive compensation programs and manage the design, implementation, administration, maintenance, and reporting of all executive and equity compensation programs.
• Engage with partners across Finance, Legal and Controllership on accounting and regulatory aspects of executive compensation programs.
• Review the mix of benefits offered to employees and assess their effectiveness; make recommendations to vary offerings based on current best practices, cost, and utility of benefits to employees.
• Work with benefits providers on renewals or service bids, use experience, cost management, and plan design options; review vendors' performance and recommend changes to leadership.
• Build an outstanding talent analytics function using HR technology platforms and people & our data to provide analytical insights to business leaders and to influence key workforce and talent decisions.
• Lead Compensation Committee meetings to drive annual recommendations for executive compensation, equity programs and other analysis requested by the Committee.
• Longer-term, lead the preparation and management of essential elements of our annual proxy statement including Compensation Discussion & Analysis (CD&A) and compensation tables; support shareholder outreach efforts relating to Say-on-Pay and other HR or executive compensation-related proposals; and monitor policies and pay-for-performance methodologies of proxy advisory firms to shape our OppFi executive compensation framework and practices.

• 10+ years of experience dedicated to the total rewards or compensation function in both public and private technology companies with 5+ years in a leadership capacity; experience working in a highly regulated industry preferred.
• Experience implementing best practices around incentive-based compensation strategies, including bonus plans and various equity-based LTI plans specifically in terms of transitioning from private to public company compensation practices.
• In-depth knowledge of Legal, Accounting, Financial, Tax, and Regulatory effects on executive compensation.
• Experience working and connecting with employees at all levels of the organization including senior leaders, the CEO and Board members.
• Ability to explain complex ideas in a simple, clear manner and skillfully speak to compensation philosophy and best practices.
• High level of proficiency in written work and analysis.
• Excellent judgment in dealing with sensitive materials, confidential information, and time-sensitive matters.
• Experience demonstrating resilience, perseverance, and influencing power regardless of the challenge. 
• Ability to flex from strategic and long-term thinking to hands-on daily execution and project management.

Reports to: Chief Finance Officer

Job Level: Senior Director

The minimum salary for this role is $211,114. The total compensation package includes eligibility for performance-based bonuses as well as a 1-time equity grant based on level.

The actual offer, reflecting the total compensation package and benefits, will be at the company’s sole discretion, and determined by a myriad of factors including, but not limited to, years of experience, depth of experience, and other relevant business considerations.

Total Rewards and Benefits

OppFi offers a flexible remote environment, 401(k) matching program, and flexible paid vacation. Other benefits include medical benefits, dental and vision coverage, and tuition reimbursement. To support your wellness & growth, we provide monthly meditation and yoga classes and access to all LinkedIn Learning courses. We also offer Fringe, which is a lifestyle benefits platform that lets you decide how you want to spend your rewards from dozens of vendors like Uber, Doordash, and Urban Sitter. Dress code is casual. 

 EEOC Statement: 

OppFi is an equal opportunity employer and does not discriminate based on any actual or perceived legally recognized protected bases under local, state, or federal law or regulations. Our goal as a company is to build an equitable workplace that actively works to dismantle systems of oppression in our processes, procedures, and interactions. We aim to help our employees thrive where they work and beyond. Check out our Culture page here.

OppFi is committed to the full inclusion of all qualified individuals. As part of this commitment, OppFi will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact our People team at [email protected]. 

Pursuant to the requirements of the California Consumer Privacy Act, OppFi is providing the "OppFi California Employee Privacy Policy", which details the categories of personal information collected and your rights under the policy. If you are a California resident, please review the policy here: https://www.oppfi.com/careers/