Manager, Compensation

Capital One; Richmond (VA); On-site; USD 149,800 - 171,000; Full time

Benefits offered by this job

Comprehensive health benefits

Performance-based incentives

Inclusive workplace culture

Job summary

A leading financial services company is seeking a Compensation Manager in Richmond, VA. This role involves providing expert consulting on compensation programs, conducting comprehensive analyses, and developing educational materials for associates and HR partners. Ideal candidates will have at least 4 years of experience in Compensation or related fields, with strong analytical and client management skills. The position offers a competitive salary range of $149,800 to $171,000 annually, along with performance-based incentives.

Qualifications

• Bachelor's degree or equivalent military experience required.
• 4+ years of experience in Compensation, Finance, or Analytics.
• 3+ years of experience in client management.

Responsibilities

• Deliver expert compensation consulting to influence decision-makers.
• Analyze existing compensation programs for competitiveness and effectiveness.
• Develop educational materials regarding compensation initiatives.

Skills

Analytical skills

Client management

Compensation modeling

Presentation skills

Communication skills

Education

Bachelor’s Degree or military experience

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

Tools

Workday

Tableau

Excel (VBA, macros, array functions)

MarketPay

Job description

Are you interested in joining a team of Compensation professionals who enable game-changing business results through rewards programs that unleash greatness in our associates? Here at Capital One, we bring a data-driven approach to compensation. We work in a business-casual, collaborative environment where one’s contributions are recognized, successes are elevated, and effort is rewarded.

Capital One is looking for a Compensation Manager to join our team. We are looking for proven candidates who are problem-solvers, results-oriented, and flexible with the ability to manage multiple initiatives in a fast-paced environment.

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
• Consult with Human Resource Consultants on a regular basis, providing expert compensation guidance and recommendations

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 in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources
• Certified Compensation Professional (CCP)
• 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
• 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) 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: $164,800 - $188,100 for Manager, Compensation
Richmond, VA: $149,800 - $171,000 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 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 (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. 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 [e-mail]. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.