Senior Director, Compensation at Capital One

McLean, Virginia, United States

Capital One Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, BankingIndustries

Requirements

  • Bachelor’s Degree or military experience
  • At least 10 years of experience in compensation, finance

Responsibilities

  • Lead and develop multiple teams of Compensation professionals to ensure they have a thorough understanding of the business strategy as it relates to the enterprise compensation strategy and can design, deliver and manage compensation programs for their assigned client groups in a well managed way
  • Develop and build support for a multi-year roadmap of compensation priorities across client areas, regularly updating and reprioritizing the roadmap to reflect a changing landscape
  • Lead meetings with C-Suite leaders, inclusive of developing compelling meeting materials, challenging and debating respectfully, and influencing outcomes
  • Serve as escalation point, owning resolution with partners and senior business leaders (e.g. aligning expectations on priorities, scope, timing, and limitations on customizing pay)
  • Lead strategic compensation projects and other enterprise-wide compensation initiatives
  • Oversee the plan design, plan risk and governance, and implementation of plan changes for 20-30 sales incentive plans across the company
  • Lead team and clients through mid-year and year-end compensation cycles, ensuring smooth execution and managing within internal controls
  • Exhibit thought leadership and foster strong relationships both within Total Rewards and across client and partner groups (e.g., HR Business Partners, Talent Acquisition, DIB, Finance, Legal, Enterprise Risk) including approaching work with a “One Team” mentality
  • Proactively stay up-to-date on industry and emerging market trends and institute best practices
  • Inclusive leader focused on creating a culture of belonging and collaboration through attracting, actively developing, and supporting talent across the Total Rewards function
  • Manage and direct the work of external vendors and consultants as necessary

Skills

Compensation Strategy
Sales Incentive Plans
Benchmarking
Job Architecture
Total Rewards
HR Business Partnering
Data-Driven Analysis
Leadership
Talent Management
Cross-Functional Collaboration

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.

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