Principal, Compensation

Job Description:

• Serve as a compensation advisor to senior business leaders and People Business Partners on promotions, internal equity, offers, and pay exceptions
• Partner with Talent Acquisition and hiring leaders to structure competitive senior-level offers, including base, bonus, and equity
• Lead job evaluation and leveling reviews against Rocket's job architecture and external market benchmarks
• Advise on compensation implications of organizational design changes, reorganizations, and role redesigns
• Lead market pricing analysis and translate market data into actionable pay recommendations
• Advise on compensation approaches for AI and emerging technical roles
• Evaluate AI tools for compensation modeling, market pricing, and pay equity analysis
• Act as a subject matter expert on pay equity, compensation philosophy, and compensation approach
• Mentor compensation analysts and provide technical guidance
• Represent Compensation on cross-functional initiatives such as M&A and business restructuring
• Support the design and execution of annual merit, bonus, and equity review cycles
• Build and adjust annual salary structures, geographic differentials, and range movements
• Lead year-end compensation planning and calibration sessions
• Conduct pay equity analysis during annual compensation cycles
• Prepare program outcome summaries and recommendations for senior leadership
• Lead process and tooling improvements for scalable compensation programs

Requirements:

• Bachelor's degree in Human Resources, Business, Finance, or a related field, or equivalent practical experience
• 10+ years of progressive compensation experience, including substantial experience in a compensation consulting or advisory capacity
• Strong working knowledge of job architecture, market pricing methodology, and compensation survey data (e.g., Radford, Mercer)
• Advanced Excel and financial modeling skills
• Strong executive presence and communication skills
• Ability to manage multiple concurrent projects and competing priorities
• Sound judgment and discretion when handling sensitive and confidential compensation data
• Demonstrated expertise applying AI tools and techniques to compensation modeling, market pricing, and pay equity analysis
• Demonstrated experience advising on compensation matters in M&A or business integration transactions
• Certified Compensation Professional (CCP) certification preferred
• Experience in fintech, financial services, or the mortgage industry preferred
• Experience with compensation and HRIS platforms such as Workday, PayScale, and Radford preferred
• Experience partnering with senior leadership in a fast-paced, matrixed organization preferred
• Familiarity with SQL or other data querying tools preferred
• Experience navigating pay transparency and pay equity regulations across multiple states or jurisdictions preferred
• Global compensation experience, particularly supporting Canada and India, preferred

Benefits:

• Annual bonus, incentives, and other employment-related benefits
• Medical, dental, and vision benefits
• 401K retirement plan
• Paid time off
• Career growth opportunities
• Reasonable accommodations for qualified individuals with disabilities