Senior Manager, Compensation
About the Role
Capital One is looking for a Sr Manager, Compensation to join our Total Rewards team. We bring a data-driven approach to compensation and work in a business-casual, collaborative environment where contributions are recognized, successes are elevated, and effort is rewarded. This role offers an opportunity to excel in your career while maintaining work-life balance in an environment that values diverse thoughts, ideas, and backgrounds.
Responsibilities
- Consult with Human Resource Business Partners and Business Leaders regularly, providing expert and strategic, forward-thinking compensation guidance and recommendations.
- Deliver expert compensation consulting and develop proposals and presentations about compensation programs to influence and educate senior-level decision-makers.
- Perform deep analysis on the effectiveness and competitiveness of compensation programs.
- Conduct benchmarking and job evaluation using market data and internal evaluation.
- Serve as the primary compensation point of contact to executives and internal partners within client groups.
- Coach more junior team members to provide analytical and strategic support to client areas.
- Lead mid-year and year-end compensation cycles for assigned client groups.
- Lead strategic compensation projects, key initiatives, or processes horizontally across client groups.
- Collaborate with recruiters to develop competitive offer packages for external hires.
- Exhibit thoughtful leadership within the team and compensation community.
Requirements
- Bachelor’s Degree or military experience.
- At least 5 years of experience in Compensation, Finance, or Analytics, or a combination.
- At least 5 years of experience in client management or consulting.
- At least 2 years of people management experience.
- 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, Finance, or 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.
- 1+ year of experience with Workday.
- Advanced Excel skills (e.g., VBA, macros, array functions).
- Knowledge of human resources and compensation, including relevant Federal, State, and Local laws/regulations relating to compensation.
- Experience with benchmarking tools (BetterComp) or reporting tools (Tableau, Business Objects).
Pay
The minimum and maximum full-time annual salaries for this role are listed below, by location. Salaries for part-time roles will be prorated based on the agreed-upon number of hours to be regularly worked.
- McLean, VA: $200,700 - $229,100 for Sr. Mgr., Compensation
- Richmond, VA: $182,500 - $208,300 for Sr. Mgr., 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. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level. Learn more at the Capital One Careers website.