Senior Compensation Partner

Overview Senior Compensation Partner plays a pivotal role in providing strategic guidance and expert consulting services on compensation programs across the organization. This role partners closely with internal business unit leaders, HR Business Partners and other HR COEs to design, develop, and implement competitive and equitable compensation strategies that align with the company’s goals and workforce needs. The Senior leads and manages complex compensation projects and/or programs, drives annual compensation processes, and supports cross-functional initiatives to ensure compensation programs deliver measurable business value. Responsibilities Serve as a trusted advisor to business unit leaders and HR partners, providing strategic coaching and guidance on compensation program design, policy interpretation, and market competitiveness. Cultivate strong, consultative partnerships with business unit leaders to deeply understand their strategic priorities and talent needs; collaborate closely to translate enterprise-level compensation philosophy and programs into tailored, actionable strategies that support business objectives and drive alignment at the unit level. Lead end-to-end compensation projects and/or programs including new initiative development, major enhancements, and annual compensation processes (merit, bonus, etc.). Analyze compensation trends, benchmark data, and internal pay practices to recommend program adjustments that support talent attraction, retention, and engagement. Collaborate with HR, Finance, and business leaders to ensure the alignment of compensation strategies with business objectives. Design and implement innovative compensation solutions tailored to specific business needs, including pay equity, job development, attraction/retention challenges, and incentive pay strategies. Manage communication and training efforts to ensure stakeholders understand compensation decisions and program changes. Drive continuous improvement initiatives to enhance efficiency, scalability, and effectiveness of compensation processes. Lead and coordinate cross-functional teams in compensation-related initiatives, ensuring timely delivery and quality outcomes. Ensure the execution of salary reviews, promotion reviews, pay adjustments and other compensation-related transactions. Ensure compliance with legal and regulatory requirements in compensation practices. Utilize advanced data analysis tools to interpret complex compensation data and present findings and actionable insights to senior leadership. Mentor and guide junior team members in their development and project work. Collaborate with HR Business Partners to create competitive and effective compensation solutions. Qualifications Bachelor’s degree in Human Resources, Business Administration, Finance, or related field; advanced degree or relevant certifications (e.g., CCP, GRP) preferred. Minimum of 8 years of progressive experience in compensation, HR, or related field preferably within corporate or consulting environments. Demonstrated experience providing strategic compensation consulting and partnering with business leaders. Advanced project management skills with experience leading large-scale, multi-stakeholder initiatives. Expertise in compensation design methodologies, market analysis, job evaluation, and pay structure management. Advanced or expert communication, influence, and presentation skills to engage effectively with all organizational levels. Advanced proficiency in Excel, compensation data platforms (e.g., PayScale, Mercer, Willis Towers Watson), and HRIS. Advanced analytical skills, with the ability to synthesize complex data into actionable recommendations. Additional Information Monday - Friday, 8:00AM - 4:30PM Locations 820 Follin Lane, Vienna, VA 22180 5550 Heritage Oaks Drive, Pensacola, FL 32526 141 Security Drive, Winchester, VA 22602 9999 Willow Creek Road San Diego, CA 92131 About Us Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks. Our approach to careers is simple yet powerful: Make our mission your passion. 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