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Senior Manager, Compensation

Location Plano, Texas; Richmond, Virginia; New York, New York; Vienna, Virginia; McLean, Virginia
Job ID R99888 Updated date 10/02/2020
Plano Town Center (31064), United States of America, Plano, Texas

Senior Manager, Compensation

Here at Capital One we bring an analytically rigorous, data-driven approach to compensation. We are looking for an innovative compensation professional to lead compensation for the Financial Services Division.

 

We are looking for candidates who are detailed, results-oriented and flexible with the ability to manage multiple initiatives in a demanding, fast-paced, Agile environment. The role will partner with senior leaders and play an active role formulating the on-going compensation strategy for their client organizations. 

The successful candidate will be intellectually curious, have strong communication skills, and an ability to build strong partnerships across stakeholders, partners, and clients. They should display strong business acumen, problem solving skills, and understand how to “connect the dots”. This individual is also expected to represent the client’s point-of-view in firm wide initiatives and the corporate point-of-view with client groups.

 

Responsibilities:

  • Lead compensation consulting for the Financial Services business, serving as primary compensation point of contact for HR consultant, executives, and internal partners within client groups of Auto Finance and India

  • Design, deliver, and manage compensation programs for assigned client groups, including being an effective challenger to clients as needed

  • Manage direct reports, including prioritization within the team to meet client needs

  • Exhibit thought leadership within the team, Compensation Community, and Financial Services HR

  • Manage all aspects of Line-of-Business (LOB) and Corporate Incentive Plans for designated client groups, with a strong emphasis on plan design, implementation, and administration. Responsibilities also include management and analysis of external market data and ensuring incentive plans meet strict internal and external governance/compliance standards

  • Work with internal partners (e.g., HR Consultants, Finance, Legal, Enterprise Risk, Business Analysts) and client group on firm wide programs and/or processes (e.g., regulated staff classification, pay program changes), including conducting in-depth analyses and modeling in support of total compensation scenarios

  •  Lead mid-year and year-end compensation cycles for assigned client groups, ensuring smooth execution and managing within internal and external controls

  • Lead strategic compensation projects, key initiatives or processes horizontally across client groups or FS Compensation team

  • Collaborate with recruiters to develop competitive offer packages for external hires

  • Apply Agile team practices and principles to deliver results and contribute to team effectiveness

  • Effectively guide activities and utilization of analyst resources

 

Basic Qualifications:

  • Bachelor’s Degree or military experience

  • At least 5 years experience in compensation design, consulting, or management

  • At least 5 years of experience in human resources

  • At least 5 years of experience in client facing or consulting roles

  • At least 2 years of experience with Microsoft Excel & PowerPoint

  

Preferred Qualifications:

  • Bachelor’s Degree in Business Administration, Economics, Finance or Human Resources

  • At least 7+ years of experience in Compensation, Finance, or Human Resources 

  • At least 5+ years of experience working in the Financial Services industry 

  • At least 6+ years of experience in client facing or consulting roles

  • At least 3 years of experience in excel (VBA, macros, array functions)

  • Experience innovating processes or programs

  • Experience working with Accounting on incentive accruals

  • Experience with benchmarking tools (MarketPay) or reporting tools (Tableau, Business Objects)

 

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.  

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, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, 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 RecruitingAccommodation@capitalone.com. 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 Careers@capitalone.com

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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).

Who We Are

At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.