Compensation Manager
Mission LaneSalary not specified
Full Time
Mid-level (3 to 4 years), Senior (5 to 8 years)
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Human ResourcesIndustries
Requirements
- 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: Master’s Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources
- Preferred: Certified Compensation Professional (CCP)
- Preferred: 6+ years of experience in Compensation or 6+ years of experience in Finance or 6+ years of experience in Analytics, or a combination
- Preferred: 5+ years of experience building compensation models and conducting pay analysis
- Preferred: 4+ years of experience in client facing or consulting roles
- Preferred: 1+ year of experience with Workday
- Preferred: Advanced Excel skills (e.g., VBA, macros, array functions)
- Preferred: Knowledge of human resources and compensation including knowledge of relevant Federal, State, Local laws/regulations relating to compensation
- Preferred: Experience with benchmarking tools (MarketPay) or reporting tools (Tableau, Business Objects)
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
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the salary range for the Manager, Compensation role?
This information is not specified in the job description.
Is this a remote position or does it require working in an office?
This information is not specified in the job description.
What are the basic qualifications for this Compensation Manager role?
Candidates need a Bachelor’s Degree or military experience, at least 4 years of experience in Compensation, Finance, or Analytics (or a combination), and at least 3 years of experience in client management.
What is the work environment like at Capital One for this team?
The team works in a business-casual, collaborative environment where contributions are recognized, successes are elevated, and effort is rewarded.
What makes a strong candidate for the Compensation Manager position?
Proven problem-solvers who are results-oriented, flexible, and able to manage multiple initiatives in a fast-paced environment, with preferred qualifications like CCP certification, advanced Excel skills, and experience with Workday or benchmarking tools.
Capital One
Offers diverse financial products and services
About Capital One
Capital One provides a variety of financial services aimed at making banking accessible and easy for everyone. The company offers products such as credit cards, savings accounts, car loans, and business checking accounts, catering to both individual consumers and small businesses primarily in the United States. Capital One's approach includes user-friendly banking solutions with no fees or minimums for checking accounts, allowing customers to manage their finances more effectively. They generate revenue through interest on loans, credit card fees, and investment banking services. What sets Capital One apart from its competitors is its strong commitment to financial inclusion and literacy, demonstrated through community partnerships and educational initiatives, such as collaborations with Khan Academy. The company's goal is to create a more inclusive financial system and empower customers with the knowledge and tools they need to make informed financial decisions.
McLean, VirginiaHeadquarters
2014Year Founded
$15.9MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees
Benefits
Medical, Dental, & Vision coverage
Onsite Health Centers
Prescription saving with network of local pharmacies
Stock Purchase Plan
Education Assistance
401(k)
Flexible Spending Accounts
Life and Disability insurance
Generous paid time off + corporate & floating holidays
Registered dieticians on site, cooking classes and free virtual fitness classes
Employee Assistance Program
Risks
Increased competition in subscription management tools may dilute Capital One's advantage.
Over-reliance on partnerships could expose Capital One to technological risks.
Departure of key personnel like Joe Rodriguez may affect risk management continuity.
Differentiation
Capital One offers user-friendly banking with no fees or minimums for checking accounts.
The company partners with Khan Academy to provide financial literacy education.
Capital One is the first major U.S. bank to offer subscription management tools.
Upsides
Capital One's mobile app is a model for secure, user-friendly digital banking.
Data sharing with Worldpay enhances payment security and fraud prevention.
Partnerships with fintechs like Minna Technologies improve customer experience.
Related Jobs
RemoteRemoteTotal Rewards Manager
Muck RackSalary not specified
- Full Time
- Mid-level (3 to 4 years), Senior (5 to 8 years)
RemoteSenior Compensation Analyst | EST or CST USA | Remote
Grafana LabsSalary not specified
- Full Time
- Senior (5 to 8 years)
RemoteClient Strategy Manager
YipitDataSalary not specified
- Full Time
- Mid-level (3 to 4 years), Senior (5 to 8 years)
RemoteHead of Compensation
Dandy$168,000 - $210,000/year
- Full Time
- Expert & Leadership (9+ years)
RemoteSales Director, Workers Compensation (Texas Markets)
Blank StreetSalary not specified
- Full Time
- Senior (5 to 8 years)