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Sr. Manager, Compensation

Capital One

Capital One

McLean, VA, USA
Posted on Monday, February 19, 2024


Locations: VA - McLean, United States of America, McLean, Virginia Sr. Manager, Compensation

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 Sr 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 focuses of this role are enhancing the experience with Capital One’s core compensation system, Workday Advance Compensation, and executing our midyear and year-end pay cycles.

Roles and Responsibilities

  • Design, deliver, and manage compensation programs for assigned client groups

  • Serve as primary compensation point of contact to executives and internal partners within client groups

  • Manage all aspects of Corporate Incentive Plans for designated client groups, with a strong emphasis on plan design, implementation, and administration.

  • Work with internal partners (e.g., HR Consultants, Finance, Accounting, Legal, Enterprise Risk) and client group on firm wide programs and/or processes (e.g., regulated staff classification, pay program changes), including conducting in-depth analyses and modeling in support of total compensation scenarios

  • Lead mid-year and year-end compensation cycles for assigned client groups, ensuring smooth execution and managing within internal and external controls

  • Lead strategic compensation projects, key initiatives or processes horizontally across client groups or Commercial Compensation team, as assigned

  • Collaborate with recruiters to develop competitive offer packages for external hires

  • Exhibit thoughtful leadership within the team and compensation community

Basic Qualifications

  • Bachelor’s Degree or military experience

  • At least 5 years of experience in Compensation or at least 5 years of experience in Finance or at least 5 years of experience in Analytics, or a combination

  • At least 5 years of experience in client management or consulting

  • At least 2 years of people management experience

  • At least 3 years of experience with Excel and developing data-based stories in Powerpoint or Slides

Preferred Qualifications

  • 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

  • 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.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital 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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. 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 All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).