Compensation Associate

This position will play a critical role in supporting, analyzing, and evolving our compensation programs. This is a high-impact, high-visibility role designed for an early-career professional with exceptional analytical capability. This role is intended for individuals already demonstrating performance and judgment above their level, with the capacity to operate at level above their tenure. A reputable online financial banking institution. Description Own and drive components of the development, implementation, and continuous improvement of compensation programs aligned with business strategy. Conduct market analysis and benchmarking to assess competitiveness of compensation structures and recommend actionable insights. Analyze salary structures, incentive plans, and bonus programs; identify trends, risks, and opportunities through data. Partner with Finance and PXT to support compensation planning, forecasting, and year-end processes (merit and bonus cycles). Independently develop and deliver executive-ready analyses and recommendations, often with incomplete or ambiguous inputs. Leverage data analytics, visualization tools, and emerging AI capabilities to enhance insights, efficiency, and decision-making. Take ownership of key workstreams and projects, operating independently while proactively keeping stakeholders informed. Continuously seek opportunities to improve processes, tools, and methodologies across Total Rewards. Support broader Total Rewards and People Experience initiatives beyond core compensation responsibilities. Identify issues and opportunities proactively-without direction-and bring forward well-formed recommendations. Comfort operating in environments with limited structure, where expectations are high and direction may be minimal. Profile Bachelor's degree in Finance, Economics, Data Analytics, Business, Human Resources or related field. Experience with compensation program design and processes. 3-5 years of experience with a demonstrated track record of top-tier performance (e.g., accelerated progression, high-impact project ownership, or recognition as a top performer), with experience doing compensation analysis. Exceptional analytical skills, including the ability to structure ambiguous problems, build models, and translate data into clear, actionable recommendations. Advanced Excel skills and comfort working with large datasets; experience with data visualization tools is a plus. Demonstrated ability to rapidly build expertise in new domains, with a proactive approach to learning (including compensation, regulatory frameworks, and emerging technologies such as AI). Ability to operate independently, manage multiple priorities, and deliver high-quality work in a fast-paced environment. Strong communication skills, with the ability to confidently engage and present to senior leadership. High level of ownership, accountability, and attention to detail. Demonstrates a low-ego approach, prioritizing team success and openness to feedback Consistently takes initiative and seeks out opportunities to contribute beyond defined responsibilities Exercises strong judgment and interpersonal awareness when working across teams and levels Builds trust through reliability, transparency, and proactive communication Shows a clear pattern of continuous improvement and skill development over time. This role is best suited for individuals seeking accelerated growth and increased responsibility early in their careers. Advanced Excel (required) PowerPoint (strong storytelling and presentation skills) HRIS systems (Workday preferred) Experience or interest in data analytics tools (e.g., Tableau, Power BI) and AI-enabled tools is a strong plus Ability to leverage technology and automation (including AI tools) to improve efficiency and insight generation is strongly preferred Job Offer Full time opportunity Medical, dental and vision benefits provided from day 1 Highly desirable salary Monday through Thursday in office, Friday work from home Fantastic company culture and team Room for growth and to enhance your expertise in compensation MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants. #J-18808-Ljbffr