Sr. Manager, Compensation Operations & Programs
Your Opportunity
Your opportunity
At Schwab, you’re empowered to make an impact on your career.Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.
As a Senior Manager, Compensation Operations & Programs, you will play a critical role in delivering core compensation programs that support a fair, competitive, and client focused pay philosophy. Reporting to a Director of Compensation, you will lead the firm’s annual pay planning processes while partnering closely across HR and Technology to ensure operational excellence, strong governance, and an exceptional leader and employee experience.
This role offers the opportunity to lead highly visible programs, influence decisions through trusted partnerships, and continuously improve compensation operations in a complex, data driven environment.
Key Outcomes and Responsibilities:
- Lead the firm-wide annual pay planning process, including merit, bonus, and equity programs, ensuringaccurateexecution and a seamless end user experience
- Develop and manage detailed project plans thatidentifymilestones, dependencies, risks, and deliverables across programs
- Oversee day-to-day system operations supporting compensation programs, including troubleshooting, issue resolution, and ongoing optimization
- Partner closely with Compensation Partners, HR Business Partners, HR Operations, Payroll, Product Development, and HR Technology to deliver pay planning programs effectively and on time
- Create clear and intuitive training materials, job aids, and leader guidance tosupport payplanning participants
- Collaboratewith Product Development and HR Technology to design and implement approved system enhancements and configuration changes
- Support Workday compensation enhancements, including configuration recommendations, testing, and validation
- Execute and oversee mass data uploads and corrections related to job changes, salary updates, and compensation adjustments
- Manage the bonus accrual process and deliveraccuratereporting to Accounting and Finance partners
- Support annual compensation budgeting and forecasting processes through data analysis, reporting, and operational execution
What you have
To ensure that we fulfill our promise of “challenging the status quo,” this role has specific qualifications that successful candidates should have.
Required Qualifications:
- 7+years of progressive experience in Human Resources, Compensation, or Incentive Compensation within a large, complex corporate environment
- Proven experience supporting enterprise-wide compensation cycles, including merit, bonus, and equity programs
- Strong working knowledge of Microsoft Excel, PowerPoint, and Word, with the ability to analyze data and communicate insights effectively
- Demonstrated analytical and quantitative skills with a strong focus on accuracy and data integrity
- Excellent interpersonal and collaboration skills, with the ability to build trusted partnerships across HR, Finance, Technology, and Operations
- High attention to detail with the ability toidentifyissues, assess risk, and ensure consistency across programs
- Ability to manage multiple operational workstreams simultaneously, particularly during peak compensation periods
- Strong problem-solving skills with the ability to think holistically andanticipatedownstream impacts
- Clear and effective written and verbal communication skills, including the ability to explain system functionality and impacts to non-technical partners
- Hands-on experience with pay planning in Workday or other Human Capital Management systems
- Bachelor’s degree in Business, Economics, Human Resources, Statistics, Mathematics, or a related field, or equivalentworkexperience
Preferred Qualifications:
- Experience supporting system testing, user acceptance testing, and data governance within HR or compensation platforms
What’s in it for you
At Schwab, you’re empowered to shape your future. We champion your growth through meaningful work, continuous learning, and a culture of trust and collaboration—so you can build the skills to make a lasting impact. Our Hybrid Work and Flexibility approach balances our ongoing commitment to workplace flexibility, serving our clients, and our strong belief in the value of being together in person on a regular basis.
We offer a competitive benefits package that takes care of the whole you – both today and in the future:
- 401(k) with company match and Employee stock purchase plan
- Paid time for vacation, volunteering, and 28-day sabbatical after every 5 years of service for eligible positions
- Paid parental leave and family building benefits
- Tuition reimbursement
- Health, dental, and vision insurance
What you are good at
What you have
To ensure that we fulfill our promise of “challenging the status quo,” this role has specific qualifications that successful candidates should have.
Required Qualifications:
- 7+ years of progressive experience in Human Resources, Compensation, or Incentive Compensation within a large, complex corporate environment
- Proven experience supporting enterprise-wide compensation cycles, including merit, bonus, and equity programs
- Strong working knowledge of Microsoft Excel, PowerPoint, and Word, with the ability to analyze data and communicate insights effectively
- Demonstrated analytical and quantitative skills with a strong focus on accuracy and data integrity
- Excellent interpersonal and collaboration skills, with the ability to build trusted partnerships across HR, Finance, Technology, and Operations
- High attention to detail with the ability to identify issues, assess risk, and ensure consistency across programs
- Ability to manage multiple operational workstreams simultaneously, particularly during peak compensation periods
- Strong problem-solving skills with the ability to think holistically and anticipate downstream impacts
- Clear and effective written and verbal communication skills, including the ability to explain system functionality and impacts to non-technical partners
- Hands-on experience with pay planning in Workday or other Human Capital Management systems
- Bachelor’s degree in Business, Economics, Human Resources, Statistics, Mathematics, or a related field, or equivalent work experience
Preferred Qualifications:
- Experience supporting system testing, user acceptance testing, and data governance within HR or compensation platforms
Why Schwab?
At Schwab, “Own Your Tomorrow” embodies everything we do! We are committed to helping our employees unleash their potential and achieve their dreams. Our employees get to play a central role in disrupting a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth. We’re a modern financial services firm that stands apart from the industry, where you can go as far as your ambition takes you.
Hear from employees: What’s it like to work at Schwab!
The benefits of working at Schwab : a package designed to empower your health, wealth, career and life. Schwab is committed to building a diverse and inclusive workplace where everyone feels valued.
As an equal employment opportunity employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. (Please click here to see policy.)
Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace. We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity.