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Manager, Compensation

Capital One National Association
Mc Lean, VA Full Time
POSTED ON 1/14/2025
AVAILABLE BEFORE 3/28/2025

Center 3 (19075), United States of America, McLean, Virginia

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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 Technology business areas.

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.
  • Serve as primary compensation point of contact for mid-year and year-end compensation cycles for assigned client groups, ensuring smooth execution and managing within internal and external controls.
  • Contribute to strategic compensation projects, key initiatives or processes horizontally across client groups.
  • Collaborate with recruiters to develop competitive offer packages for external hires.

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.
  • Certified Compensation Professional (CCP).
  • 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, BetterComp) 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.

    This role is expected to accept applications for a minimum of 5 business days. No agencies please. Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. 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.

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