Compensation Manager Job at Freddie Mac, Maryland

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  • Freddie Mac
  • Maryland

Job Description

At Freddie Mac our mission of Making Home Possible is what motivates us and its at the core of everything we do. Since our charter in 1970 we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

Position Overview:


Join Freddie Macs Compensation team as a Compensation Manager where you will lead a team and help shape compensation and recognition programs that attract retain and motivate top talent.

In this role you will lead and develop a team of compensation professionals oversee key enterprise compensation programs and processes and help evolve the tools resources and capabilities that support Freddie Macs Total Rewards strategy.

Our Impact:


  • We partner with business leaders and HR partners to design and deliver competitive market-driven compensation and recognition programs that support Freddie Macs talent and business objectives.
  • We provide compensation consulting market intelligence and strategic guidance that help attract retain and motivate top talent.
  • We lead enterprise compensation programs annual compensation processes and recognition initiatives that support business priorities and employee engagement.
  • We leverage data technology and analytics to continuously improve compensation programs strengthen decision-making and enhance stakeholder experiences.

Your Impact:


  • Lead coach and develop a team of compensation professionals strengthening capabilities fostering accountability balancing workloads and supporting high-quality execution.
  • Oversee compensation programs projects and recurring processes including market data refreshes survey participation compensation planning recognition stakeholder communications and other enterprise compensation initiatives.
  • Establish clear approaches tools and guidance that enable consistent and scalable compensation decisions across the enterprise.
  • Perform and review complex compensation analyses apply sound compensation judgment and provide clear practical recommendations to HR partners and business leaders aligned with business needs and compensation philosophy.
  • Partner across Human Resources Finance Payroll Legal and business teams to implement compensation programs and resolve complex issues.
  • Lead improvements to compensation processes reporting technology and Workday-enabled capabilities to strengthen efficiency scalability and stakeholder experience.
  • Support fair equitable and business-aligned pay decisions while balancing enterprise priorities risk and employee experience.

Qualifications:


  • At least 8-10 years of progressive compensation experience including 2 years of people leadership experience leading compensation professionals. College degree or equivalent experience required; advanced degree or Certified Compensation Professional (CCP) designation preferred.
  • Demonstrated expertise in the design administration and implementation of compensation programs including base pay incentive plans market pricing and compensation planning with the ability to evaluate complex situations and develop practical data-driven solutions.
  • Proven ability to lead and motivate a team build collaborative relationships across Human Resources and business functions and communicate compensation analyses and recommendations clearly and effectively to managers and senior leaders.
  • Strong proficiency in Microsoft Excel and PowerPoint; experience using Workday Advanced Compensation and leveraging data analytics and reporting tools to support compensation planning cycle administration and program enhancements.

Keys to Success in this Role:


  • People leadership skills and a commitment to coaching developing and creating accountability across the team.
  • Ability to translate compensation strategy and complex data into clear practical and scalable approaches.
  • Strong program and project leadership with the ability to connect strategy execution and change management.
  • Sound judgment and the ability to make decisions navigate ambiguity and balance multiple enterprise priorities.
  • Collaborative mindset with the ability to build alignment across Human Resources Finance Payroll Legal and business teams.
  • Curiosity and initiative to use technology AI automation and new ways of working to improve compensation processes.

Current Freddie Mac employees please apply through the internal career site.

We consider all applicants for all positions without regard to gender race color religion national origin age marital status veteran status sexual orientation gender identity/expression physical and mental disability pregnancy ethnicity genetic information or any other protected categories under applicable federal state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process to perform essential job functions and to receive other benefits and privileges of employment. Please contact us to request accommodation.

A safe and secure environment is critical to Freddie Macs business. This includes employee commitment to our acceptable use policy applying a vigilance-first approach to work supporting regulatory mandates and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more please visit and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Exempt

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $138000 - $206000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position experience skill set internal pay equity and other relevant qualifications of the applicant.

Required Experience:

Manager

Job Tags

Full time, Local area

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