Locations: VA - McLean, United States of America, McLean, Virginia
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 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 Compensation Manager will design, plan, and implement compensation programs, policies, and procedures for our Commercial & Financial Services teams.
Roles and Responsibilities
- Deliver expert compensation consulting and develop proposals and presentations about compensation programs (including market data and appropriate pay levels/targets) to influence and educate senior level decision-makers.
- Perform deep analysis on effectiveness and competitiveness of existing compensation programs and model potential impact of alternatives.
- Conduct benchmarking and job evaluation using market data and internal evaluation, and regularly analyze our market position on jobs; make recommendations on market adjustments.
- Develop plans, educational materials, and communications designed to provide associates, managers, and HR partners with timely and accurate information regarding compensation initiatives.
- Consult with Human Resource Business Partners on a regular basis, providing expert compensation guidance and recommendations.
Basic Qualifications
- Bachelor’s Degree or military experience.
- At least 4 years of experience in Compensation or at least 4 years of experience in Finance or at least 4 years of experience in Analytics, or a combination.
- At least 3 years of experience in client management.
Preferred Qualifications
- Master’s Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources.
- Certified Compensation Professional (CCP).
- At least 2 years of experience with Excel and developing data-based stories in Powerpoint or Slides.
- 6+ years of experience in Compensation or 6+ years of experience in Finance or 6+ years of experience in Analytics, or a combination.
- 5+ years of experience building compensation models and conducting pay analysis.
- 4+ years of experience in client facing or consulting roles.
- 2+ years people management experience.
- 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.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
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