Sr Manager, Compensation Operations

Opendoor is looking for someone to oversee compensation operations. In this role, you will demonstrate your operational expertise to run critical aspects of our compensation programs. Reporting to the Head of Total Rewards and partnering extensively with the people and TA leads for the business, you will be an integral part of a global team helping to elevate the team’s operational approach in support of the overarching rewards philosophy. You will bring a blend of technical data skills and compensation expertise to support budget strategy/planning, market analytics and global benchmarking, including analyzing data elements such as base pay, incentives, stock and general market/industry trends. You will partner with the Head of Total Rewards in support of Board and Executive compensation programs.

As the right candidate, you will be highly operational, thoroughly process oriented, very comfortable with data and thrives in a fast-paced, high growth culture that values strategic communication, teamwork and results. You will be self-motivated and detail oriented with a strong orientation to data analytics, project management, and cross-functional collaboration.

• Use analytical skills combined with your strong communication skills to present compensation insights to stakeholders in all parts of our business
• Leverage your experience to manage/optimize key compensation data sets (current, historical, trending) and report offerings in support of a streamlined experience for Total Rewards/People Team needs
• Design and build robust yet flexible compensation modeling tools and ad hoc dashboards in support of budget strategy, market analytics and competitive compensation positioning.
• Curate business process documentation and quality assurance plans to enhance quality/reliability of modeling/report offerings over time.
• Partner with department leaders, HR Business Partners and recruiters on compensation related matters such as offers, promotions, and internal transfers
• Conduct job analysis to determine job level, FLSA classification and salary range
• Benchmark jobs against compensation surveys and other market intelligence to determine competitive compensation ranges for each position
• Maintain and enhance our compensation and job structures
• Work cross functionally to provide compensation analyses and other deliverables to our partners on the Finance and Legal teams

• A bachelor's degree in Business Administration, Finance, or a related field or equivalent experience.
• Progressive experience in compensation, with a minimum of 3-5 years in a managerial or supervisory role.
• Experience in designing, implementing, and managing compensation programs, including base salary structures, incentives, and equity plans.
• Comprehensive knowledge of compensation principles, practices, and regulations, including familiarity with job evaluation, market pricing, salary surveys, and pay equity considerations.
• Proficiency in data analysis, using tools like Google Sheets, compensation management software, or statistical software.
• Ability to interpret and draw insights from compensation data to support decision-making.
• Strong interpersonal and communication skills to collaborate effectively with cross-functional teams and senior management.
• Strong presentation skills to effectively communicate compensation strategies, findings, and recommendations to senior executives and key stakeholders.
• Demonstrated ability to address complex compensation issues and make informed decisions.
• The ability to adapt to changing market conditions, business strategies, and organizational needs, while continuously optimizing compensation practices.

Remote roles in the US are available in all states EXCEPT Hawaii, Alaska, Montana, or any US Territories. 

Our compensation reflects the cost of labor across several U.S. geographic markets, and we pay differently based on those defined markets. The pay range for most locations in the US is $148,000 - $246,000 annually. In the SF Bay Area of California, Seattle, and New York City Metro area the base salary range is $184,000 - $276,000. Pay within the range varies by work location and may also depend on job-related knowledge, skills, and experience. Your recruiter can share more about the specific salary range for the job location during the hiring process. We also offer a comprehensive package of benefits including paid time off, 12 paid holidays per year, medical/dental/vision insurance, basic life insurance, and 401(k) to eligible employees.

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