We are excited to announce an opening for a Manager to join our Compensation Delivery team. We are a team of Total Rewards leaders who enable game-changing business results by bringing a data-driven approach to compensation that is designed to unleash greatness in our associates.
Our team is responsible for delivering compensation for the entire organization including but not limited to designing, testing, and executing compensation focal cycles which calculate and deliver incentives and salary increases annually. 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 business areas.
Role Responsibilities:
Partner with HRBPs and business leaders to solve compensation-related issues, identifying root cause, necessary resources and cross-business impacts.
Conduct job matching and market analysis necessary to ensure pay is aligned to market.
Research and formulate recommendations on external and internal employment offers, job leveling, and internal equity adjustments through the use of salary surveys and internal compensation tools.
Develop plans, educational materials, and communications designed to provide associates, managers, and HR partners with timely and accurate information regarding compensation programs.
Manage job descriptions for designated clients, including auditing jobs for content and preparing job descriptions reflecting job responsibilities and requirements, as needed. Ensure all positions are classified appropriately according to FLSA.
Audit and analyze internal compensation practices in relation to relevant regulations. Develop recommendations for corrective actions as needed. Provide compensation consultation to HR and business clients.
Drive annual pay processes (merit increases and incentive awards) within client areas.
Basic Qualifications:
Bachelor’s Degree or military experience
At least 4 years of experience in compensation, finance or analytics
At least 2 years of experience with Excel and developing data-based stories in Powerpoint or Slides
Preferred Qualifications:
Bachelor’s Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources
Certified Compensation Professional (CCP)
6+ years of experience in Compensation or 6+ years of experience in Finance or 6+ years of experience in Analytics, or a combination
At least 2 years of experience in client consulting role
Experience with benchmarking tools such as ePrism
Experience building compensation models and conducting pay analysis
Experience in the Financial Services Industry
Knowledge of human resources and compensation including knowledge of relevant Federal, State, Local laws/regulations relating to compensation
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.
McLean, VA: $158,400 - $180,800 for Manager, 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.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.
This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. 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).
Who We Are
At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.
Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.