Sr. Manager, Compensation Operations & Programs

Pay range: USD $100,000.00 - $175,000.00 / Year

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, ensuring accurate execution and a seamless end user experience
• Develop and manage detailed project plans that identify milestones, 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 to support pay planning participants
• Collaborate with 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 deliver accurate reporting to Accounting and Finance partners
• Support annual compensation budgeting and forecasting processes through data analysis, reporting, and operational execution

• 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

• Experience supporting system testing, user acceptance testing, and data governance within HR or compensation platforms

• 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