Navy Federal Credit Union

Senior Compensation Partner

Navy Federal Credit Union$100K — $130K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in HR, Business Administration, Finance, or related field; advanced degree or certifications preferred.
  • Minimum 8 years of experience in compensation or HR, ideally in corporate or consulting roles.
  • Experience in strategic compensation consulting and partnering with business leaders.
  • Strong project management skills, particularly for large-scale initiatives.
  • Expertise in compensation design, market analysis, and pay structure management.
  • Excellent communication, influence, and presentation abilities across organizational levels.
  • Advanced skills in Excel and compensation data platforms, coupled with analytical capabilities.

Responsibilities

  • Advise business unit leaders and HR partners on compensation program design and policy interpretation.
  • Build strong partnerships with leaders to align compensation strategies with their priorities.
  • Lead complex compensation projects, including new initiatives and annual processes.
  • Analyze market trends and internal pay practices to recommend program improvements.
  • Collaborate with HR and leadership to align compensation strategies with business goals.
  • Create innovative compensation solutions addressing specific business challenges.
  • Manage communications to ensure stakeholder understanding of compensation policies.

Benefits

  • Opportunity to lead strategic compensation initiatives.
  • Collaborative work environment with a focus on consultative partnerships.
  • Professional development opportunities with mentorship for junior team members.
  • Exposure to advanced data analysis and compensation methodologies.
  • Contribution to meaningful talent management strategies across diverse business units.
Full Job Description
Job Description

The Senior Compensation Partner plays a pivotal role in providing strategic guidance and expert consulting services on compensation programs across the organization. This role partners closely with internal business unit leaders, HR Business Partners and other HR COEs to design, develop, and implement competitive and equitable compensation strategies that align with the company's goals and workforce needs. The Senior leads and manages complex compensation projects and/or programs, drives annual compensation processes, and supports cross-functional initiatives to ensure compensation programs deliver measurable business value.

Responsibilities

  • Serve as a trusted advisor to business unit leaders and HR partners, providing strategic coaching and guidance on compensation program design, policy interpretation, and market competitiveness.
  • Cultivate strong, consultative partnerships with business unit leaders to deeply understand their strategic priorities and talent needs; collaborate closely to translate enterprise-level compensation philosophy and programs into tailored, actionable strategies that support business objectives and drive alignment at the unit level.
  • Lead end-to-end compensation projects and/or programs including new initiative development, major enhancements, and annual compensation processes (merit, bonus, etc.).
  • Analyze compensation trends, benchmark data, and internal pay practices to recommend program adjustments that support talent attraction, retention, and engagement.
  • Collaborate with HR, Finance, and business leaders to ensure the alignment of compensation strategies with business objectives.
  • Design and implement innovative compensation solutions tailored to specific business needs, including pay equity, job development, attraction/retention challenges, and incentive pay strategies.
  • Manage communication and training efforts to ensure stakeholders understand compensation decisions and program changes.
  • Drive continuous improvement initiatives to enhance efficiency, scalability, and effectiveness of compensation processes.
  • Lead and coordinate cross-functional teams in compensation-related initiatives, ensuring timely delivery and quality outcomes.
  • Ensure the execution of salary reviews, promotion reviews, pay adjustments and other compensation-related transactions.
  • Ensure compliance with legal and regulatory requirements in compensation practices.
  • Utilize advanced data analysis tools to interpret complex compensation data and present findings and actionable insights to senior leadership.
  • Mentor and guide junior team members in their development and project work.
  • Collaborate with HR Business Partners to create competitive and effective compensation solutions.


Qualifications

  • Bachelor's degree in Human Resources, Business Administration, Finance, or related field; advanced degree or relevant certifications (e.g., CCP, GRP) preferred.
  • Minimum of 8 years of progressive experience in compensation, HR, or related field preferably within corporate or consulting environments.
  • Demonstrated experience providing strategic compensation consulting and partnering with business leaders.
  • Advanced project management skills with experience leading large-scale, multi-stakeholder initiatives.
  • Expertise in compensation design methodologies, market analysis, job evaluation, and pay structure management.
  • Advanced or expert communication, influence, and presentation skills to engage effectively with all organizational levels.
  • Advanced proficiency in Excel, compensation data platforms (e.g., PayScale, Mercer, Willis Towers Watson), and HRIS.
  • Advanced analytical skills, with the ability to synthesize complex data into actionable recommendations.

Additional Information

Hours:
  • Monday - Friday, 8:00AM - 4:30PM

Locations:
  • 820 Follin Lane, Vienna, VA 22180
  • 5550 Heritage Oaks Drive, Pensacola, FL 32526
  • 141 Security Drive, Winchester, VA 22602
  • 9999 Willow Creek Road San Diego, CA 92131


About Navy Federal Credit Union

Navy Federal Credit Union is a credit union that serves members of the military and their families. The credit union offers a range of financial products and services, including checking and savings accounts, loans, and credit cards. Navy Federal Credit Union was founded in 1933 and is headquartered in Vienna, Virginia. The credit union has more than 9 million members and operates more than 300 branches across the United States and around the world.
Learn more about Navy Federal Credit Union
Size
18,000 employees
Industry
Founded
1933

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