Compensation Manager

About Paxos

Today’s financial infrastructure is archaic, expensive, inefficient and risky — supporting a system that leaves out more people than it lets in. So we’re rebuilding it.

We’re on a mission to open the world’s financial system to everyone by enabling the instant movement of any asset, any time, in a trustworthy way. For over a decade, we’ve built blockchain infrastructure that tokenizes, custodies, trades and settles assets for the world’s leading financial institutions, like PayPal, Venmo, Mastercard and Interactive Brokers.

About the team

The People team is on a mission to create more than just a workplace; we're building a hub where exceptional talent thrives. We equip our leaders with innovative tools, frameworks, and tailored coaching, enabling them to excel in making great people decisions. These decisions span across every area of the business, such as recruitment, onboarding, employee recognition, feedback, and compensation. Our goal is to create exceptional experiences that make every day at Paxos not just productive, but also deeply rewarding and fulfilling. 

About the role

Join our dynamic team as our Compensation Manager, where you will shape our compensation strategy across diverse global markets. Tackle complex challenges like pay equality, compliance, and creative compensation solutions, making a direct impact on employee retention and engagement. This role offers a unique opportunity to collaborate with senior leaders, manage comprehensive compensation programs, and drive innovative initiatives that align with our business goals.

What you'll do 

• Act as the in-house expert on job leveling, market analysis, benchmarking, pay equality, and compliance for our list of global locations.
• Develop creative solutions to compensation-related challenges that balance business considerations with retention and engagement objectives.
• Manage existing compensation programs and recommend changes to ensure compliance with applicable laws and regulations.
• Continuously iterate or enhance our existing compensation philosophy as required.
• Consult with management and People team colleagues on employee compensation matters.
• Serve as a trusted consultant to business leaders on broad compensation topics.
• Lead all compensation-related programs, including annual merit, promotions, and option refreshes, incentive plans, managing budgets, communication, training, systems, and administration.
• Partner with Recruiting, HRBPs, Finance, and other stakeholders to develop training materials, talking points, and guidance on compensation to attract, recruit, and retain top talent.
• Collaborate with sales leaders to design competitive sales commission plans.
• Ensure compliance with all regulatory changes affecting compensation and benefits plans, including Equal Pay, FLSA, ERISA, and Sarbanes-Oxley.
• Activate more automations by leveling existing compensation systems, tools, and third-party vendors.
• Prepare insightful board and compensation committee materials
• Lead special analyses, projects, and initiatives as required.
• Perform other duties as needed based on department and/or organizational needs.

About you

• 7+ years of experience in compensation management, including significant experience in the design and implementation of essential compensation programs and processes, as well as creating and managing incentive programs (performance awards, options, commission, etc.).
• Certified Compensation Professional (CCP) certificate highly preferred.
• Knowledge of all federal, state, and local regulations and compliance requirements related to employee compensation.
• Proven ability in leading and influencing key senior stakeholders.
• Working knowledge of Workday, particularly Advanced Compensation.
• Proven ability to analyze data, interpret trends, develop recommendations, and communicate compensation data to various audiences.
• Strong managerial focus with a demonstrated ability to coach and develop talent within the team.
• Excellent communication, presentation, and interpersonal skills.
• Expert level experience with financial and data modeling/analysis using Excel and Google Sheets.
• Experience working on materials for compensation committees and board of directors.
• Strong interpersonal skills, leadership ability, and a natural collaborator.

Pay and benefits