Senior Manager, Incentive Design

Overview

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

Senior Manager, Incentive Design

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 Senior Manager, Compensation to join our Total Rewards team. We are looking for proven leadership candidates who are detailed, results-oriented and flexible with the ability to manage multiple initiatives in a fast-paced environment. The primary focus of this role is design and governance of sales incentive plans. The ideal candidate for this role should exhibit strong communication, influencing, and problem solving skills towards all stakeholders.  

Responsibilities: 

• Manage and consult on sales incentive plan design and governance for assigned clients, adhering to best practices and appropriately balancing risk

• Design, develop and document incentive plan programs, ensuring alignment to business intent, program clarity for participants, and details to support award delivery

• Work with internal partners and stakeholders (e.g. Compensation, Human Resources, Risk Management, Business Clients, etc.) on a regular basis, providing expert compensation guidance and recommendations; consult and partner with sales plan administration team

• Evaluate effectiveness and competitiveness of existing incentive plans and model potential impact of alternatives

• Draft plans, educational materials, and communications to provide associates, managers, and HR partners with timely and accurate incentive plan information

• Audit and analyze internal compensation practices and policies in relation to relevant regulations. Develop recommendations for corrective actions, as needed.  Provide compliance consultation to HR and business clients

• Partner to develop and establish incentive governance standards, processes, and training to ensure well governed programs and oversight

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

• 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 sales plan design

• 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

• 2+ years of experience in the design, development and documentation of sales incentive plans

• 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) 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

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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).