Director, Compensation

About the role

Join 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 an analytically rigorous, data-driven approach to compensation.

Responsibilities

• Lead and develop a team of Compensation professionals to ensure they have a thorough understanding of the business strategy as it relates to the enterprise compensation strategy and can design, deliver and manage compensation programs for their assigned client groups in a well managed way
• Inclusive leader focused on creating a culture of belonging and collaboration through attracting, actively developing, and supporting talent across Compensation
• Lead meetings with senior executives, inclusive of developing compelling meeting materials, challenging and debating respectfully, and influencing outcomes
• Lead strategic compensation projects, key initiatives or processes horizontally caring for the needs of clients enterprise-wide. This includes defining the roadmap and destination state in alignment with our Total Rewards vision
• Oversee all aspects of Line-of-Business (LOB) incentive plans for designated client groups, with a strong emphasis on plan design and governance
• Lead team and clients through mid-year and year-end compensation cycles, ensuring smooth execution and managing within internal controls
• Proactive management of risks, applying sound judgment and business acumen
• Exhibit thought leadership and foster strong relationships both within Total Rewards and across client and partner groups (e.g., HR Business Partners, Talent Acquisition, DIB, Finance, Legal, Enterprise Risk)
• Serve as escalation point, owning resolution with partners and business leaders within client group (e.g. offers, retention, pay exceptions)
• Proactively stay up-to-date on industry and market trends that may impact our ability to attract and retain talent
• Strong problem solving capabilities leveraging an outside-in lens to develop innovative solutions

Qualifications

• Bachelor’s Degree or military experience
• At least 7 years of experience in compensation, finance, or human resources
• At least 3 years of experience in people leadership

Preferred Qualifications

• Master’s Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources
• Certified Compensation Professional (CCP)
• 5+ years of experience effectively leading and communicating compensation strategies at all levels including the C-Suite
• 5+ years of experience in the Financial Services or Tech industry
• Experience designing incentive plans
• Knowledge of human resources and compensation including knowledge of relevant Federal, State, Local laws/regulations relating to compensation
• Advanced Excel skills (e.g., VBA, macros, array functions)
• Experience innovating processes or programs
• Experience with benchmarking tools (MarketPay, BetterComp) and reporting tools (Tableau, Business Objects)
• Proficient with Microsoft Excel and Google Products (e.g. Sheets, Slides)