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Full-Time

Compensation Manager

Confirmed live in the last 24 hours

The Voleon Group

The Voleon Group

201-500 employees

Investment management using machine learning algorithms

Data & Analytics
Fintech
AI & Machine Learning
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 and identify patterns for investment decisions. The firm serves institutional clients, such as pension funds and endowments, and distinguishes itself by relying on data-driven algorithms rather than human intuition. Voleon's revenue model is based on managing client portfolios with performance-based fees, aligning its interests with those of its clients. With a strong emphasis on academic research, Voleon's team consists of experts in statistics and computer science, ensuring a rigorous approach to financial prediction.

Company Stage

N/A

Total Funding

N/A

Headquarters

Berkeley, California

Founded

2007

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Working at Voleon offers the opportunity to be at the forefront of integrating machine learning with financial market analysis.
  • The firm's focus on continuous learning and academic research provides a stimulating environment for professional growth.
  • Voleon's performance-based fee structure can lead to significant financial rewards for employees if the firm's investment strategies succeed.

What critics are saying

  • The highly competitive nature of the financial markets sector means that Voleon must continuously innovate to maintain its edge.
  • Reliance on machine learning algorithms carries the risk of model failure or inaccuracies, which could lead to significant financial losses.

What makes The Voleon Group unique

  • Voleon leverages advanced machine learning algorithms to predict financial market trends, setting it apart from traditional investment firms that rely on human intuition.
  • The firm's strong emphasis on academic research and intellectual rigor ensures that it remains at the cutting edge of technological advancements in financial prediction.
  • Voleon's performance-based fee structure aligns its interests with those of its clients, incentivizing optimal investment returns.