Manager – Compensation

Manager, Compensation

We are excited to announce an opening for a talented Manager to lead a team of Compensation Analysts. 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. 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 primary focus of this role is to lead a team of compensation analysts in developing analytics and products within the Compensation organization as well as implementing automation and refining processes.

Roles and Responsibilities

• Lead, mentor, and develop a team of compensation analysts, fostering a high performance culture

• Identify and implement process improvements to enhance efficiency in compensation analysis and reporting

• Automate manual compensation processes to increase accuracy and reduce manual effort

• Drive standardization in benchmarking analytics and materials developed for internal business clients

• Lead cross-functional strategic compensation projects, key initiatives or process improvements with internal partners (e.g., Compensation Consultants, HR Business Partners, Finance, Tech Partners, Enterprise Risk)

• Lead the team of analysts on mid-year and year-end compensation cycles, ensuring smooth execution

• Develop plans, educational materials, and communications designed to provide associates, managers, and HR partners with timely and accurate information regarding compensation initiatives

• Exhibit thoughtful leadership within the team and compensation community

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 2 years people management experience

• At least 2 years of experience with Excel and developing data-based stories in Powerpoint or Slides

• At least 2 years of experience working with SQL or Python analytics

Preferred Qualifications

• Master’s Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources

• 3+ years of experience in client consulting

• 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 

• Experience working with Workday and/or Workday Advanced Compensation module

• 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)

• Certified Compensation Professional (CCP)

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 theCapital 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, 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 [email protected]. 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 [email protected]

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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).