Senior Manager, Compensation

Overview

Center 3 (19075), United States of America, McLean, Virginia

Senior Manager, Compensation

Are you interested in joining a team of Total Rewards leaders who enable game-changing business results by providing programs and solutions that unleash greatness in our associates? Here at Capital One we bring a data-driven approach to compensation. If you have a passion for analyzing compensation and want to be part of a winning team then this is the job for you! We work in a business-casual, collaborative environment where one’s contributions are recognized, successes are elevated and effort is rewarded. Capital One provides an environment where you can excel in your career while still maintaining a work life balance that others will desire. We nurture a work environment where people with a variety of thoughts, ideas and backgrounds, guided by our shared Values, come together to make Capital One a great company – and a great place to work.

Capital One is looking for a Sr Manager, Compensation to join our Total Rewards team. We are looking for proven leadership candidates who are detailed, customer focused, results-oriented and flexible with the ability to manage multiple initiatives in a fast-paced environment.

Roles and Responsibilities

• Design, deliver, and manage compensation programs for assigned client groups

• Consult with Human Resource Business Partners and Business Leaders regularly, providing expert & strategic, forward thinking compensation guidance and recommendations 

• Deliver expert compensation consulting and develop proposals and presentations about compensation programs to influence and educate senior level decision-makers

• Perform deep analysis on effectiveness and competitiveness of compensation programs 

• Conduct benchmarking and job evaluation using market data and internal evaluation

• Serve as primary compensation point of contact to executives and internal partners within client groups

• Coach junior team members to provide analytical and strategic support to client area

• Lead mid-year and year-end compensation cycles for assigned client groups, ensuring smooth execution and managing within internal and external controls

• Lead strategic compensation projects, key initiatives or processes horizontally across client groups

• Collaborate with recruiters to develop competitive offer packages for external hires

• Exhibit thoughtful leadership within the team and compensation community

Basic Qualifications

• Bachelor’s Degree or military experience

• At least 5 years of experience in compensation or at least 5 years of experience in finance or at least 5 years of experience in analytics, or a combination

• At least 5 years of experience in client management or consulting

• At least 3 years of experience with Excel and developing data-based stories in Powerpoint or Slides

Preferred Qualifications

• Master’s Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources

• Certified Compensation Professional (CCP)

• 7+ years of experience in Compensation or 7+ years of experience in Finance or 7+ years of experience in Analytics, or a combination

• 5+ years of experience in client facing or consulting roles

• 5+ years of experience building compensation models and conducting pay analysis

• 1+ year of experience with Workday

• Advanced excel skills (e.g., VBA, macros, array functions)

• Knowledge of human resources and compensation including knowledge of relevant Federal, State, Local laws/regulations relating to compensation

• Experience with benchmarking tools (MarketPay, BetterComp) or reporting tools (Tableau, Business Objects)

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

New York City (Hybrid On-Site): $172,900 - $197,300 for Sr. Mgr., Compensation

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

This role is expected to accept applications for a minimum of 5 business days.

No agencies please. Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).