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

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, CompensationRichmond, VA: $144,000 - $164,400 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]

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

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).