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 a data-driven approach to compensation. If you have a passion for analyzing compensation and want to be part of a winning team then this is the job for you! 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 Manager, Compensation to join our Total Rewards team. We are looking for proven leadership candidates who are detailed, results-oriented and flexible with the ability to manage multiple initiatives in a fast-paced environment. The primary focus of this role is design and governance of sales incentive plans. The ideal candidate for this role should exhibit strong communication, influencing, and problem solving skills towards all stakeholders.
Responsibilities
- Manage and consult on sales incentive plan design and governance for assigned clients, adhering to best practices and appropriately balancing risk
- Design, develop and document incentive plan programs, ensuring alignment to business intent, program clarity for participants, and details to support award delivery
- Work with internal partners and stakeholders (e.g. Compensation, Human Resources, Risk Management, Business Clients, etc.) on a regular basis, providing expert compensation guidance and recommendations; consult and partner with sales plan administration team
- Evaluate effectiveness and competitiveness of existing incentive plans and model potential impact of alternatives
- Draft plans, educational materials, and communications to provide associates, managers, and HR partners with timely and accurate incentive plan information
- Audit and analyze internal compensation practices and policies in relation to relevant regulations. Develop recommendations for corrective actions, as needed. Provide compliance consultation to HR and business clients
- Partner to develop and establish incentive governance standards, processes, and training to ensure well governed programs and oversight
- Lead strategic compensation projects, key initiatives or processes horizontally across client groups, as assigned
- Exhibit thoughtful leadership within the team and compensation community
Requirements
- Bachelor's Degree or military experience
- At least 5 years of experience in Compensation or at least 5 years of experience in sales plan design
- At least 5 years of experience in client management or consulting
- At least 3 years of experience with Excel and developing data-based stories in Powerpoint or Slides
Nice-to-haves
- Master's Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources
- Certified Compensation Professional (CCP)
- 7+ years of experience in Compensation or 7+ years of experience in Finance or 7+ years of experience in Analytics, or a combination
- 5+ years of experience in client facing or consulting roles
- 5+ years of experience building compensation models and conducting pay analysis
- 2+ years of experience in the design, development and documentation of sales incentive plans
- 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)
Benefits
- Comprehensive health benefits
- Financial benefits
- Inclusive set of benefits that support total well-being
