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Director, HR Operations & Total Rewards

Proshares

Bethesda (Bethesda, MD ) Hybrid permanent

Posted: April 7, 2026

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Quick Summary

The Director, HR Operations & Total Rewards is responsible for leading the firm’s HR operations, including compensation, benefits, payroll, employee relations, compliance, and return.

Job Description

About Us:

ProShares now offers one of the largest lineups of ETFs, with approximately $100 billion in assets. The company is a leader in strategies such as crypto, dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

Position Summary:

The Director, HR Operations & Total Rewards is responsible for leading the firm’s HR operations, including compensation, benefits, payroll, employee relations, compliance, HR systems, and reporting. This role also leads the team supporting these activities and ensures that HR services are delivered accurately, consistently, and efficiently.

As part of a small, high-performing HR team, this role requires a hands-on approach and full ownership of HR systems and data. The position serves as a key advisor to leadership while helping build a more scalable, disciplined, and best-in-class HR function.

What You’ll Be Responsible For[1]:

• Lead day-to-day HR operations across the employee lifecycle, including onboarding, job changes, promotions, and terminations, ensuring work is completed accurately, on time, and with a high level of attention to detail.

• Step in to support execution during peak periods or complex situations and maintain strong data integrity and confidentiality across all HR systems.

• Own and manage HR systems, including Paylocity and Greenhouse (ATS), ensuring data accuracy, system integrity, and proper configuration across all HR processes.

• Develop and deliver HR reporting and analytics, including headcount, compensation, and turnover, and build and manage complex spreadsheets and data models to support compensation, reporting, and decision-making. Identify opportunities to improve data quality, reporting capabilities, and system utilization.

• Oversee compensation programs, including salary, bonus, and incentive structures, and partner with Recruiting and leadership on leveling, offer structuring, and compensation decisions.

• Apply market data and support benchmarking efforts, including McLagan, and support long-term incentive programs. Ensure compensation practices are consistent, competitive, and aligned with business needs.

• Own benefits administration, including renewals and open enrollment, manage vendor relationships, and resolve issues as they arise.

• Actively manage 401(k) administration, including compliance, audits, and filings, and evaluate and improve benefits programs over time.

• Responsible for payroll processes, ensuring accuracy, appropriate controls, and audit readiness.

• Serve as a senior advisor on employee relations matters, including complex and sensitive situations, and partner with Legal to manage risk and ensure appropriate documentation.

• Provide practical, balanced guidance to managers, ensure compliance with employment laws and regulations, maintain and update HR policies and the employee handbook, and support audits, filings, and regulatory requirements.

Success at ProShares:

Success in this role is demonstrated by reliable, high-quality execution of HR operations; strong data accuracy and reporting; improved efficiency and scalability of processes; and the ability to handle employee matters with sound judgment and attention to detail.

What Sets This Role Apart:

• Full ownership of HR systems, data, and reporting in a lean environment.

• Broad responsibility across HR operations, total rewards, payroll, and employee relations.

• Opportunity to build and improve HR processes and infrastructure.

• High visibility and direct partnership with leadership.

What You Bring:

• 10+ years of HR experience with exposure to HR operations, compensation, and employee relations. Bachelor’s degree preferred.

• Hands-on experience managing HR systems (e.g., Paylocity, Greenhouse, or similar platforms).

• Strong analytical skills and comfort working with complex spreadsheets and data.

• High attention to detail and commitment to accuracy.

• Experience with payroll processes, HR reporting, and benefits administration (including 401(k) plans).

• Demonstrated ability to improve processes and operate effectively in a lean environment.

• Strong judgment and ability to handle sensitive and complex situations.

• Willingness to be hands-on and operate across both strategic and operational work.

The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $195,000–$250,000 (USD), which does not include discretionary bonus compensation. Total compensation may vary based on experience, role, location, department, and individual performance.

Our Benefits:

• Competitive pay and discretionary bonus

• Paid time off

• Health care benefits (medical, dental & vision)

• Additional insurance includes basic life, accidental death and dismemberment, supplemental life, disability and legal benefit

• 401(k) retirement plan with matching contribution

• Spending Accounts (Health Care, Dependent Care, and Transportation)

• Wellness Programs (fitness reimbursement, Employee Assistance Program)

• Education assistance

• Hybrid work schedule

• Additional Programs include peer recognition, corporate matching gift

[1] These statements are intended to describe the general nature and level of work involved for this job. It is not an exhaustive list of all responsibilities, duties and skills required of this job. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Additional privacy information for CA residents

EOE STATEMENT

ProShare Advisors LLC and its affiliates are equal opportunity employers and do not discriminate against otherwise qualified applicants on the basis of age, race, color, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), marital or family status, national origin, ancestry, physical or mental disability, mental condition, veteran status, sexual orientation, gender identity, genetic information, or any other characteristic protected by applicable law.

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