Senior Director, 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 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
Basic Qualifications:
- 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
Preferred Qualifications:
- 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
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
McLean, VA: $264,300 - $301,700 for Sr. Dir., Compensation
New York, NY: $288,400 - $329,100 for Sr. Dir., Compensation
Richmond, VA: $240,300 - $274,300 for Sr. Dir., Compensation
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital 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 [email protected] . 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 [email protected]
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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).
