loanDepot

Leader, Compensation

loanDepot • $108K — $130K *
Plano, TX 75025In-Person
Finance & Insurance
5 - 7 years of experience
Reposted Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree and/or 5+ years of progressive compensation experience required.
  • Strong experience in market pricing, job evaluations, and compensation analysis.
  • Experience with long-term incentive (LTI) programs preferred.
  • Analytical skills for interpreting complex compensation data and making recommendations.
  • Proficiency in Microsoft Office Suite and experience with compensation tools like Payfactors or Mercer.
  • Experience with Workday Compensation or similar HRIS is a plus.
  • In-depth knowledge of compensation regulations and pay equity practices.

Responsibilities

  • Conduct market pricing and benchmarking analyses to ensure competitive pay practices.
  • Evaluate and recommend salary actions based on equity, competitiveness, and compensation philosophy.
  • Support annual compensation planning including merit increases and salary reviews.
  • Manage and maintain the organization's job description framework for compensation purposes.
  • Review requisitions within the talent management system for compensation alignment and data integrity.
  • Monitor compliance with wage regulations and administer necessary pay adjustments.
  • Administer short-term incentive programs and assist with LTI programs management.

Benefits

  • Aggressive compensation package based on experience.
  • Inclusive and collaborative culture for diverse backgrounds.
  • Opportunities for growth and professional development with tuition reimbursement.
  • Comprehensive medical, dental, and vision benefits.
  • Wellness program for mental and physical health support.
  • Generous paid time off for employees.
Full Job Description
Description

Position at loanDepot

Position Summary:

Responsible for designing, analyzing, and administering the organization's compensation programs. This role provides strategic guidance on market competitiveness, internal equity, and compensation policy application, ensuring alignment with organizational goals and regulatory requirements. Leads complex compensation analyses, manages job architecture and salary structures, supports annual compensation planning cycles, and partners closely with HR and business leaders to deliver data-driven insights and recommendations. The role ensures compensation programs are competitive, compliant, and effectively support talent attraction, retention, and engagement.

Responsibilities:
  • Collaborates with HR Business Partners and business leaders to develop data-informed solutions for compensation programs, offers, and employee retention needs that align with organizational strategy.
  • Shapes and refines enterprise job structures and leveling frameworks that enable workforce consistency, transparency, and career progression.
  • Leads market pricing and benchmarking analyses by interpreting external salary survey data and compensation databases to maintain competitive and equitable pay practices.
  • Manages the annual compensation planning cycle, including merit, promotional adjustments, and salary structure updates, ensuring accurate modeling, analysis, and execution.
  • Oversees the organization's job description framework by creating, evaluating, and maintaining job documentation to enable accurate market pricing, job evaluation, and compensation administration.
  • Reviews and manages job requisitions within the talent management system, ensuring compensation alignment, data accuracy, and required approvals prior to posting.
  • Monitors federal, state, and local minimum wage regulations; conducts compliance analysis; and administers pay adjustments required to ensure all employees meet or exceed applicable wage requirements.
  • Administers and analyzes short-term incentive programs, supporting plan design, configuration, testing, and annual processing within Workday.
  • Oversees the administration and execution of long-term incentive programs, including equity awards and deferred compensation plans.
  • Performs comprehensive compensation analysis to identify trends, pay compression, market movement, and internal equity considerations, providing actionable insights to HR and business leaders.
  • Maintains job architecture, salary grades, and compensation-related data within HR systems, ensuring accuracy and alignment with organizational frameworks.
  • Ensures adherence to federal, state, and local compensation regulations, including pay transparency and pay equity requirements, through ongoing monitoring and analysis.
  • Participates in compensation surveys and manages relationships with external compensation data providers to support robust market intelligence.
  • Supports compensation-related audits, reporting, and special projects, delivering high-quality analysis and documentation.
  • Performs other duties and projects assigned.

Requirements:
  • Bachelor's degree, and/or a minimum of eight (8) + years of progressive compensation experience required.
  • Demonstrated experience with job architecture, market pricing, job evaluations, and compensation analysis.
  • Experience supporting or administering long-term incentive (LTI) programs is preferred.
  • Strong analytical skills with the ability to interpret complex compensation data and provide actionable recommendations.
  • Proficiency with Microsoft Office applications: Word, Excel, PowerPoint, Outlook, and Teams.
  • Experience with Payfactors, Payscale, MarketPay, Salary.com, Mercer, Radford, or similar compensation benchmarking and market pricing tools.
  • Experience with Workday Compensation or similar HRIS, compensation planning, and talent management systems is a plus.
  • Knowledge of compensation regulations, pay equity practices, and market trends.
  • Excellent communication, presentation, and stakeholder management skills.
  • Ability to manage multiple priorities and work independently in a fast-paced environment.
  • Experience in the Mortgage industry preferred/required.
  • Exceptional verbal, written and interpersonal communication skills.
  • Solid problem-solving skills with a practical, solution-focused approach.

  • Aggressive compensation package based on experience and skill set.
  • Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
  • Work with other passionate, purposeful, and customer-centric people.
  • Extensive internal growth and professional development opportunities including tuition reimbursement.
  • Comprehensive benefits package including Medical/Dental/Vision.
  • Wellness program to support both mental and physical health.
  • Generous paid time off for both exempt and non-exempt positions.

About loanDepot

LoanDepot, sometimes stylized as loanDepot, is a Lake Forest, California-based holding company which sells mortgage and non-mortgage lending products. In 2015, the company claimed to be the second largest non-bank provider of direct-to-consumer loans in the United States. LoanDepot was founded in 2010 by entrepreneur Anthony Hsieh, who had previously founded mortgage companies LoansDirect.com which he sold to E*Trade, and HomeLoanCenter.com, which he sold to LendingTree. The company's products at the time included fixed rate, jumbo, FHA and home equity loans, in addition to more controversial adjustable-rate mortgages and negative amortization products. In November 2015, the company postponed a planned IPO, citing poor market conditions. In March 2017, the company introduced technology to automate the loan process, allowing customers to apply for a mortgage without talking to a loan officer. In January 2018, the company announced two products as part of its technology platform, now called Mello, a home improvement unit to allow contractors to offer financing to customers, and Mello Home, a platform to connect pre-approved buyers to realtors. In September 2019, the company partnered with Century 21 Redwood Realty to form a new mortgage platform for the mid-Atlantic area, Day 1 Mortgage. loanDepot went public on the New York Stock Exchange on February 11, 2021 under the ticker symbol LDI.
Learn more about loanDepot
Market Cap
$453.5 million
Industry
Finance & Insurance
Founded
2010
5 Year Trend
+26.8%
NASDAQ
LDI
* Ladders Estimates

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