Manager, Commercial Bank ~ Compensation

Capital One Mclean , VA 22107

Posted 3 months ago

McLean 1 (19050), United States of America, McLean, Virginia

At Capital One, we're building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Manager, Commercial Bank ~ Compensation

Our Company

Capital One, a Fortune 500 company and one of the nation's top 10 banks, offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients. We strive to create one of the nation's great banks, and we have the necessary ingredients: a strong balance sheet, resilient businesses, a massive customer franchise, strong analytical capabilities, and great people.

Are you interested in joining a total rewards compensation team that enables game-changing business results by providing programs and solutions that unleash greatness? Capital One provides a fast paced, dynamic 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 one of the best companies to work for.

Our Role

Here at Capital One we bring an analytically rigorous, data-driven approach to compensation. We are looking for an innovative compensation professional to lead compensation for the Commercial Real Estate and Commercial Risk divisions of Capital One's Commercial Bank.

We are looking for candidates with strong problem solving, communication and influencing skills, who are detail oriented, results focused and flexible with the ability to manage multiple initiatives in a demanding, fast-paced, Agile environment. The role will partner with senior leaders and play an active role in formulating the on-going compensation strategy for their client organizations.

The successful candidate will be intellectually curious, able to quickly build acumen in the businesses they support and focused on creating strong partnerships with clients and stakeholders. This individual is also expected to represent the client's point-of-view in firm wide initiatives and the corporate point-of-view with client groups.

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 Line-of-Business (LOB) and Corporate Incentive Plans for designated client groups, with a strong emphasis on plan design, implementation, and administration. Responsibilities also include management and analysis of external market data and ensuring incentive plans meet strict internal and external governance/compliance standards

  • 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, compensation governance), 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 thought leadership within the team and compensation community

  • Apply Agile team practices and principles to deliver results and contribute to team effectiveness

Basic Qualifications:

  • Bachelor's Degree or military experience

  • At least 3 years of experience in compensation or human resources

  • At least 3 years of experience in client facing or consulting roles

  • Experience with Microsoft Excel & PowerPoint as well as G Suite

Preferred Qualifications:

  • Bachelor's Degree in Business Administration, Economics, Finance or Human Resources

  • 7+ years of experience in Compensation, Finance, or Human Resources consulting

  • 3+ years of experience working in the Financial Services industry (Commercial Banking experience a plus)

  • 5+ years of experience in client facing or consulting roles

  • Advanced excel skills (e.g., VBA, macros, array functions)

  • Experience innovating processes or programs

  • Experience working with Finance or Accounting on incentive accruals

  • 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.


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Manager, Commercial Bank ~ Compensation

Capital One