Full-Time

Compensation Manager

Posted on 6/27/2024

The Voleon Group

The Voleon Group

51-200 employees

Investment management using machine learning algorithms

Quantitative Finance
Financial Services

Compensation Overview

$130k - $180kAnnually

+ Bonus

Senior, Expert

Remote in USA

Category
Human Resources
People & HR
Required Skills
Communications
Management
Human Resources Information System (HRIS)
Requirements
  • 5+ years in a compensation administration or management role, with increasing levels of responsibility
  • Experience developing and administering complex compensation programs
  • Familiarity with compensation benchmarking databases, in particular McLagan and Radford
  • Experience developing compensation structures and processes
  • Experience implementing compensation management tools and technologies
  • Strong expertise in MSOffice suite, in particular Excel
  • Strong interpersonal skills, including an ability to quickly establish relationships and credibility with leaders
  • Demonstrated business acumen, judgment, and decision making
  • Ability to be flexible within a growing organization. Able to clearly articulate the case for change and translate business priorities into effective compensation structures and headcount growth plans
  • Strong prioritization and organizational skills
  • Excellent communication skills, both written & verbal
Responsibilities
  • Facilitate the annual bonus process. Review processes annually to ensure process efficiency and effectiveness and recommend process improvements as necessary
  • Lead compensation benchmarking and work with key compensation data vendors
  • Provide recommendations on compensation for new roles
  • Manage job leveling / job architecture, including periodic refreshes of our compensation plans and develop job levels for new roles as the company grows
  • Assist with compensation recommendations for promotions processes
  • Manage deferred compensation award administration, including working with vendors
  • Track and ensure timely payment of all key compensation elements. Ensure data accuracy and consistency among different sources. Work with Recruiting to review offer letters prior to sending to ensure compensation elements are clear and consistent with our plans/approved amounts
  • Ensure HRIS and Finance data repositories have up to date information. Potentially implement new compensation management system
  • Maintain and enhance headcount planning / compensation forecasting processes and enhance reporting on key human capital metrics (across HR and Recruiting)
  • Contribute to talent management initiatives such as organizational design, engagement survey analysis and action planning, and talent reviews

Voleon focuses on investment management by utilizing machine learning to analyze financial market trends. The firm uses advanced statistical models to process large datasets and identify patterns that inform investment decisions, setting it apart from traditional methods that rely on human intuition. Voleon serves institutional clients and operates on a performance-based fee structure, aligning its interests with those of its clients. The company's goal is to provide data-driven insights that optimize investment returns while adapting to changing market conditions.

Company Stage

N/A

Total Funding

N/A

Headquarters

Berkeley, California

Founded

2007

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in ESG investing offers new opportunities for Voleon's models.
  • Alternative data sources enhance predictive models for quantitative hedge funds like Voleon.
  • Cloud computing enables efficient scaling of Voleon's data processing capabilities.

What critics are saying

  • Competition from other quantitative hedge funds may erode Voleon's market share.
  • Regulatory scrutiny on AI use in finance could increase compliance costs for Voleon.
  • Data quality issues could lead to inaccurate predictions and financial losses for Voleon.

What makes The Voleon Group unique

  • Voleon uses machine learning for data-driven financial market predictions.
  • The firm serves institutional clients with a focus on scalability and risk management.
  • Voleon's academic approach emphasizes intellectual rigor and continuous learning.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Paid Vacation

Paid Sick Leave

401(k) Retirement Plan

401(k) Company Match

INACTIVE