Manager, Compensation

About the role

Join a team of Compensation professionals who enable game-changing business results through rewards programs. Capital One brings a data-driven approach to compensation in a business-casual, collaborative environment where contributions are recognized, successes are elevated, and effort is rewarded. We are looking for proven candidates who are problem-solvers, results-oriented, and flexible with the ability to manage multiple initiatives in a fast-paced environment.

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 Consultants 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)
• 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
• 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)

Pay

• McLean, VA: $164,800 - $188,100 for Manager, Compensation
• Richmond, VA: $149,800 - $171,000 for Manager, Compensation
• Candidates hired to work in other locations will be subject to the pay range associated with that location
• This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI)

Benefits

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.