Compensation Manager

As Marqeta's Compensation Manager, you will serve as a strategic compensation business partner and design, plan, and implement compensation programs, policies, and processes for our teams. We envision this high impact role as a strong influencer with the business.  You will work with leadership and cross-functional People Experience team members to create tailored solutions that meet our organizational needs while balancing market competitiveness and fiscal responsibility. This position sits on the Total Rewards team and will be one of three members on the Compensation team.

We work Flexible First. This role can be performed remotely anywhere within Ontario or British Columbia Canada. We'd love for you to join us

This position is for an existing vacancy.

The Impact You'll Have

• Advisory – Act as the primary partner for assigned business function client groups and serve as a strategic advisor on complex compensation matters
• Design – Partner with People Business Partners (PBPs), business leaders, and managers to design compelling, scalable compensation solutions, by seeking to understand the desired outcome, sharing expertise, and proposing solutions
• Program Management – Collaborate with PBPs, Talent Acquisition, Finance, and other internal stakeholders to ensure seamless execution of compensation programs.  Facilitate annual merit, bonus, and equity programs for assigned client groups.
• Market Intelligence – Partner across the compensation team to manage the job and compensation structure related to your client groups.  Conduct quarterly and ad-hoc analyses ensuring external competitiveness, internal equity, and legal compliance. Monitor trends affecting compensation.  Support pay transparency and other required reporting.  Complete required survey participation.  Stay abreast of industry best practices and changes in legislation related to compensation
• Analysis – Conduct modeling and analysis on all aspects of compensation which may include building analytical models that predict or identify compensation related issues.  Evaluate existing roles and provide consultation on new roles using a combination of internal and external data
• Audit & Compliance – Lead the efforts to review global pay gap reporting, and compliance with emerging regulations such as the EU Pay Transparency Directive and CSRD. This role involves analyzing compensation data, preparing for pay transparency, and implementing strategies that promote fairness. In addition, this person will ensure our procedures are SOX compliant.
• Communication & Education – Develop and deliver efficient and effective presentations to influence decision making. Develop training and educational tools to communicate compensation philosophy, programs, fundamentals, and tools
• Governance – Partner with Talent Acquisition and PBPs on new hire offers and internal mobility
• Administration – Partner with HRIS, Payroll, and Equity teams to ensure proper transmission of payment and award data

Who You Are

• Significant experience in global compensation, including developing, recommending, implementing, and administering compensation programs
• Prior experience with high-growth tech companies scaling their business and workforce
• Flexible, growth mindset, comfort with ambiguity and change
• Demonstrated success balancing aiming for excellence versus a sense of urgency.  Detail-oriented with a high level of accuracy and strong time management skills
• Exceptional results orientation with a high degree of personal initiative
• Collaborative team player with a customer centric approach and focus on doing what is best for the business
• Proven problem-solving skills as well as an ability to manage multiple tasks simultaneously to successful completion in a fast-paced environment
• Excellent verbal and written communication skills 
• Strong ability to foster relationships
• Advanced Google Sheets expertise and ability to create, organize and manipulate large sets of data in complex spreadsheets.  Or the same in Excel and a willingness to learn and work predominantly in Google Sheets
• Familiarity with Workday, including hands-on experience coaching managers through at least one compensation cycle in the system

Nice-To-Haves

• Bachelor's or Master's degree in a field related to Finance, Business management/administration, or Human Resources
• Certified Compensation Professional (CCP)

Your Manager

• Divya Gallo, Director, Compensation

Typical Process

• Application Submission
• Recruiter video call
• Hiring manager video call
• Virtual "Onsite" consisting of 4, 45 min video calls
• Offer

Marqeta is a Flex First company which allows you to choose your best working environment, whether that be from home or at a company office. To support Flex First, we calibrate pay to a competitive value according to working location. 

When determining salaries, we consider several factors including, but not limited to, skills, prior experience, and work location. The new-hire base salary range for this position, reflected in CAD,  is: 106, ,000

We also believe in recognizing the contributions of our people. That's why we award annual bonuses to eligible employees, rewarding both individual performance and the success of the entire company.

Along with monetary compensation, Marqeta offers

• Multiple health insurance options
• Flexible vacation time
• Retirement savings program with company contribution
• Equity in a publicly-traded company 
• Monthly stipend to support our remote work model
• Annual "development dollars" to support our people growth and development
• Family-forming benefits and up to 20 weeks of Parental Leave

Marqeta is on a mission to change the way money moves. We're one of the earliest enablers of embedded finance, a market opportunity sized up in the trillions. Our card issuing platform provides unprecedented flexibility and control for companies to issue cards, authorize transactions, and manage payment operations in real time. Marqeta is powering the most well known brands in the new economy (Block, Cash App, Affirm, Instacart, Doordash, Uber, Walmart, etc). You don't need to be a Payments expert to join the Marqeta Team, let us help you with that.  This is the opportunity of a lifetime to work with innovators around the world and unlock equitable financial access for all.

– Solve for the Customer: With a deep understanding of our customers' business and empathy for their needs, we deliver products and services that drive their success. Earning and keeping their trust guides everything we do.

– Do What's Right: Knowing businesses and livelihoods depend on us, we pursue solutions that disrupt responsibly and deliver high-quality results that our customers count on. We own our work from start to finish.

– Simplify and Innovate: We approach challenges with curiosity and take smart risks. Innovation comes from finding better, simpler ways to achieve extraordinary outcomes.

– Win as a Team: We succeed together by embracing diverse perspectives and pushing each other to raise the bar. We lead with humility and set aside hierarchy to work as a team.

– Make it Count: We drive forward with focus and agility. With a sense of urgency and purpose, we get the job done, and done right.

Equal Employment Opportunity, Accommodations and Privacy 

Marqeta is an equal opportunity employer committed to an inclusive workplace that fosters belonging. We do not discriminate based on race, color, religion, sex (including pregnancy, lactation, childbirth, or related medical conditions), veteran status or uniformed service member status, age, national origin or ancestry, citizenship or immigration status, physical or mental disability, gender identity, gender expression, sexual orientation, genetic information (including testing or characteristics) or any other characteristic protected by applicable law. We also consider qualified applicants with criminal histories, consistent with legal requirements. 

Marqeta endeavors to make reasonable accommodations for applicants with disabilities. If you are an individual with a disability and require a reasonable accommodation to submit this application, complete any pre-employment testing, or otherwise participate in the employee selection process, please submit this form with your specific accommodation request.

Personal data that is provided as part of the application and recruitment process is processed in accordance with the Applicant Privacy Notice. Additional information for California residents can be found here.