Workday Compensation Functional Analyst
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 Workday Compensation Functional Analyst, you’ll play a pivotal Technical Product Owner role in transforming how we deliver value to our employees and business partners. You will be responsible for executing the vision, roadmap, and delivery of Workday capabilities and optimization efforts related to Advanced Compensation. You’ll partner closely with HR leadership, Schwab Technology Services (STS), and business stakeholders to ensure our Workday solution supports talent strategies, enhances the employee experience, and scales with the organization’s growth.
Key Responsibilities:
- Contribute to a high-performing team of HR product managers, fostering a culture of innovation, accountability, and continuous improvement.
- Execute the product strategy & roadmap for Workday’s Advanced CompensationModule, including Pay Planning, Merit, Bonus, and Equity.
- Translate complex business needs into actionable deliverables, including technical specifications, epics, and user stories for agile development teams.
- Partner cross-functionally with Total Rewards and Schwab Technology Services (STS) to design and maintain seamless integrations with downstream systems, ensuring data integrity.
- Stay abreast of Workday releases and feature previews, proactively assessing impact and championing the adoption of relevant enhancements.
- Drive continuous improvement initiatives by analyzing system performance, gathering user feedback, and optimizing process efficiency.
- Serve as the primary subject matter expert (SME) and escalation point for all Workday Compensation-related issues.
*Please Note: This is an in-office role, requiring on-site presence in one of the locations where the role is posted, a minimum of 4 days per week (Monday-Thursday), and offers the flexibility to work remotely on Fridays. This policy is subject to change at any time, at the Company's sole discretion.
What you have
To ensure that we have fulfilled our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.
Required Qualifications:
- 4 years of technical Workday expertise with deep compensation domain knowledge.
- Proven success as a Product Owner or HR Lead for technology solutions.
- Bachelor’s degree in Information Systems, HR Technology, or related field (Master’s preferred).
Preferred Qualifications:
- Workday Pro Certification in Compensation highly preferred.
- Proven success aligning product strategy with HR technology and business needs.
- Deep understanding of Compensation processes and experience delivering Workday-based solutions.
- Experience managing product roadmaps, prioritization frameworks, and agile delivery practices.
- Familiarity with Workday configuration and integration concepts (hands-on experience a plus).
- Ability to navigate complex organizational changes and influence stakeholders at all levels.
Skills & Competencies:
- Strategic thinker focused on delivering high-quality outcomes.
- Strong analytical and problem-solving skills.
- Passion for innovation, transformation and continuous improvement.
- Exceptional collaboration, influencing and interpersonal skills.
- Comfortable operating in an agile, fast-paced, and dynamic environment.
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 have fulfilled our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.
Required Qualifications:
- 4 years of technical Workday expertise with deep compensation domain knowledge.
- Proven success as a Product Owner or HR Lead for technology solutions.
- Bachelor’s degree in Information Systems, HR Technology, or related field (Master’s preferred).
Preferred Qualifications:
- Workday Pro Certification in Compensation highly preferred.
- Proven success aligning product strategy with HR technology and business needs.
- Deep understanding of Compensation processes and experience delivering Workday-based solutions.
- Experience managing product roadmaps, prioritization frameworks, and agile delivery practices.
- Familiarity with Workday configuration and integration concepts (hands-on experience a plus).
- Ability to navigate complex organizational changes and influence stakeholders at all levels.
Skills & Competencies:
- Strategic thinker focused on delivering high-quality outcomes.
- Strong analytical and problem-solving skills.
- Passion for innovation, transformation and continuous improvement.
- Exceptional collaboration, influencing and interpersonal skills.
- Comfortable operating in an agile, fast-paced, and dynamic environment.
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.