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Compensation Consultant (Temp)

New York, NY

About Pagaya

Shape the Future of Finance

Pagaya is building a leading artificial intelligence network to help our partners grow their businesses and better serve their customers.

Pagaya is a global technology company making life-changing financial products and services available to more people nationwide, as it reshapes the financial services ecosystem. By using machine learning, a vast data network and a sophisticated AI-driven approach, Pagaya provides comprehensive consumer credit and residential real estate solutions for its partners, their customers, and investors. Its proprietary API and capital solutions integrate into its network of partners to deliver seamless user experiences and greater access to the mainstream economy. Pagaya has offices in New York and Tel Aviv. For more information, visit pagaya.com.

Let's create better outcomes together!

About the Role

We’re looking for an experienced Compensation Consultant to lead and execute Pagaya’s U.S. compensation cycle in close partnership with our global compensation team. This role is critical to ensuring accuracy, consistency, and clear communication with HR, managers, executives, and payroll. You will manage the full compensation cycle process end-to-end, from preparation and execution to post-cycle analysis and reporting.

This is a temporary consulting engagement (~5 months) that will play a key role in supporting our U.S. employees and leaders during the 2025–2026 compensation cycle.

Responsibilities

Compensation Cycle Preparation (November – December)

  • Partner with our Tel Aviv-based compensation lead to define and localize the U.S. compensation cycle process.
  • Prepare and validate data inputs, including employee records, job matches, market benchmarks, and performance ratings.
  • Configure and test our compensation planning system (Pave).
  • Build planning tools and models (Excel/Google Sheets) to support cycle analysis.
  • Develop communication materials, timelines, and manager guides.

Compensation Cycle Execution (January – February)

  • Own and manage U.S. compensation cycle logistics end-to-end.
  • Partner with business leaders and HR to ensure data accuracy and process adherence.
  • Track progress and proactively address manager and HR questions during the cycle.
  • Support leaders and managers with training, calibration materials, and decision-making.
  • Prepare compensation decks, reports, and budget updates for U.S. and global executives.
  • Ensure compliance with public company practices, particularly related to RSU grants and equity programs.

Post-Cycle Activities (February – March)

  • Audit final data for accuracy and completeness.
  • Summarize results and prepare executive-ready presentations on outcomes, spend, and trends.
  • Coordinate with HR and Payroll on payouts (salary adjustments, equity).
  • Provide guidance and documentation to ensure smooth downstream processes (system updates, employee communications, reporting).
  • Identify opportunities to improve the U.S. compensation process for future cycles.

Requirements

  • 7+ years of compensation experience, with demonstrated success managing annual compensation cycles.
  • Strong Excel/Google Sheets modeling and data management skills.
  • Experience with compensation planning systems; Pave experience strongly preferred.
  • Familiarity with public company equity programs, including RSU administration.

The pay ranges for New York-based hires are commensurate with candidate experience. 

Pay ranges for candidates working in locations other than New York may differ based on the cost of labor in that location.

Compensation Range for New York Based Hires

$70 - $95 USD

Our Team

Pagaya was founded in 2016 by seasoned research, finance, and technology entrepreneurs with our head quarters located in NYC and Tel Aviv. 

We move fast and smart, identifying new opportunities and building end-to-end solutions from AI models and unique data sources. Every Pagaya team member is solving new and exciting challenges every day in a culture based on partnership, collaboration, and community.

Join a team of builders who are working every day to enable better outcomes for our partners and their customers.

Our Values

  • Continuously Learn- We challenge ourselves for the sake of getting better as individuals, as teams, and as an organization to deliver for our partners.
  • Debate and Commit- We respectfully and openly debate to strengthen our ideas and build shared conviction - once we decide, we go all in, together.
  • Dream Big and Act- We boldly tackle complex problems, pressure-test solutions in real-time, and adapt with speed and energy.
  • Advance Inclusion- We create a world where everyone can win, designing systems that better represent people and generate sustainable value for our employees, partners and investors.
  • Be Accountable Together- We proudly own our actions and our results, taking initiative to ensure our work gets over the finish line as a team.

More than just a job

We believe health, happiness, and productivity go hand-in-hand. That's why we're continually looking to enhance the ways we support you with benefits programs and perks that allow every Pagayan to do the best work of their life. 

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