Senior Manager, Incentive Design

3 months ago

McLean, United States Capital One Full time
Center 3 (19075), United States of America, McLean, VirginiaSenior Manager, Incentive Design

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

Basic Qualifications:

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

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

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)

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.

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