Manager, Total Rewards
Clear Street
About Clear Street:
Clear Street is building financial infrastructure for today’s institutions. Founded in 2018, Clear Street is an independent, non-bank prime broker replacing the legacy infrastructure used across capital markets.
We started from scratch by building a completely cloud-native clearing and custody system designed for today’s complex, global market. Our platform is fully integrated with central clearing houses and exchanges to support billions in trading volume per day. We’ve agonized about our data model abstractions, created horizontal scalability, and crafted thoughtful APIs. All so we can provide a best-in-class experience for our clients.
By combining highly-skilled product and engineering talent with seasoned finance professionals, we’re building the essentials to compete in today’s fast-paced markets.
The Team:
People Operations is a small team of highly motivated and collaborative individuals on a mission to create and evolve a world class HR function here at Clear Street. As a member of the team, you will continue to refine the HR ecosystem and processes that allow our most important asset, our people, to thrive. As Clear Street grows, our team is scaling the infrastructure that touches every aspect of the employee lifecycle.
The Role:
The role is responsible for various aspects of the People Operations function, with a primary focus on compensation, benefits administration, payroll, and HR data analysis and management. You’ll learn to independently operate and evolve the processes you oversee, collaborate with internal, cross-departmental groups on a regular basis, and serve as the first point of contact for employees with issues or questions.
Responsibilities:
Collaborate with Talent Acquisition and People Operations on compensation matters including market pricing new and existing jobs.
Monitor the effectiveness of existing compensation practices and recommend changes that are cost-effective and consistent with compensation trends and corporate objectives.
Participate in salary surveys and monitor results to ensure we remain competitive, while ensuring compliance with federal, state, and local compensation laws and regulations.
Work with the Chief People Officer Develop to create compensation and benefits programs including job levels, salary structures, and recognition programs.
Manage and administer all employee benefits programs, including health insurance, retirement plans, and other employee perks.
Maintain a positive client experience through daily interaction with employees via email, Slack, phone, and in person regarding any questions that they may have around total rewards programs. (We sit in an open floor plan and employees do visit our desks frequently).
Review existing policies and processes to identify gaps, inefficiencies, and opportunities and come up with creative solutions.
Ensure successful execution of the year-end merit and bonus planning process
Process and manage payroll for our US and global employees.
Ensure HRIS data is kept current, accurate and readily available.
Generate reports and provide data analytics to support HR and management decisions.
Collaborate with groups across the organization, particularly Finance.
Other ad hoc projects as assigned.
Requirements:
At least 5 years of experience in HR roles with a focus on compensation, benefits, and payroll.
Knowledge of federal, state, and local labor laws and regulations.
Strong knowledge of health and welfare benefit programs including healthcare, life, and wellbeing benefits.
Proficiency in HRIS systems, payroll software.
Intermediate excel skills (pivot tables, VLOOKUP, conditional formatting, charts and visualizations) and HR analytics, experience utilizing Business Intelligence tools such as Tableau or Looker is a strong preference
Strong attention to detail and accuracy in data management.
Excellent communication and interpersonal skills.
Ability to handle sensitive and confidential information with discretion.
Strong problem-solving skills and the ability to work independently and as part of a team.
Multitask, prioritize and deal with many things at one.
Possess a natural curiosity to inquire about existing processes and systems with a desire to learn and understand all of the background necessary to make informed decisions on change
Certification in HR or related field (e.g., PHR, SHRM-CP).
Experience with international payroll is a plus.
We Offer:
The Base Salary Range for this role is $100,000 - $120,000. This range is representative of the starting base salaries for this role at Clear Street. Where a candidate falls in this range will be based on job-related factors such as relevant experience, skills, and location. This range represents Base Salary only, which is just one element of Clear Street's total compensation. The range stated does not include other factors of total compensation such as bonuses or equity.
At Clear Street, we offer competitive compensation packages, company equity, 401k matching, gender-neutral parental leave, and full medical, dental and vision insurance. Our belief has always been that we are better as a business when we are all together in person. As such, beginning on January 2, 2023, we are requiring employees to be in the office 4 days per week. In-office benefits include lunch stipends, fully stocked kitchens, happy hours, a great location, and amazing views.
Our top priority is our people. We’re continuously investing in a culture that promotes collaboration. We help each other through challenges and celebrate each other's successes. We believe that modern workplaces succeed by virtue of having high-performance workforces that are diverse — in ideas, cultures, and experiences. We put in the effort to make such a workplace a daily reality and are proud to be an equal-opportunity employer. #LI-Hybrid