About the position
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 an analytically rigorous, 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 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 Senior Director, Compensation to join our Compensation Leadership Team. The role is a strategic advisor and influencer to our most senior leaders across Capital One. The role leads a team of 15-20 Compensation professionals who partner with business leaders in Staff, Enterprise Services, Technology, Commercial Banking, Retail Banking, and Auto. The team is accountable for partnering with HR Business Partners and senior business leaders to develop sales incentive plans, benchmark roles and recommend start rate and pay package changes, and providing consultation on job architecture changes, acquisitions, semi-annual compensation cycles, unique new hire offer packages, and retention packages. The team also partners closely with other Compensation professionals on cross-functional initiatives. The successful candidate embraces new challenges, connects dots across industries and functions to generate new insights, drives high-impact results, motivates others, creates followership, and maintains a high bar for talent, while fostering an environment of trust, collaboration, and belonging. This individual is an exceptional people leader, has intellectual curiosity and strong communication, influencing, and problem solving skills.
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
Requirements
- Bachelor's Degree or military experience
- At least 10 years of experience in compensation, finance, human resources or a combination
- At least 5 years of experience in a consulting
- At least 5 years of experience in people management
Nice-to-haves
- Master's Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources
- 12+ years of experience in Compensation
- 10+ years of experience in consulting role
- 10+ years of experience in people leadership
- 5+ years of experience designing sales incentives
- 5+ years of experience in the Financial Services or Technology industry
- Certified Compensation Professional (CCP)
- Experience developing materials and leading conversations with C-Suite executives
Benefits
- Comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being
- Performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI)
