Senior Director, Bank and Card Compensation

Company:	Capital One Company Profile \| Current Opportunities (53)
Job Location(s):	McLean
Employment Term:	Regular
Employment Type	Full Time
Start Date:	As soon as possible
Starting Salary Range:	Not Provided
Required Experience:	Open
Related Categories:	Professional and Technical, Banking - Management

Position Description

The Senior Director, Compensation is responsible for consulting with the business and leading a team in the design and development of compensation programs that motivate and retain top talent and ultimately drive business performance for Capital One’s Bank and Card businesses (~25,000 employees across the US, Canada and the UK).

Job Description:
· Lead team to drive compensation program design and development for rapidly expanding banking franchise and national lending business
· Define annual compensation agenda working with senior business leaders to understand overall business drivers and translate these into tightly aligned pay programs comprising
· Provide leadership of a team of compensation consultants and analysts to provide ongoing compensation solutions to business leaders ensuring that salary structures, incentive and long-term compensation plans are aligned with the Company’s overall and HR strategies, and provide a strong linkage between pay and performance
· Manage programs involving support for corporate pay platforms and line of business specific pay - establishing metrics and monitoring program effectiveness
· Work with the business and finance to develop annual line of business incentive plans, including initiatives to support the compensation forecasting and budgeting processes
· Collaborate across teams in Human Resources to ensure effective and compliant delivery of pay programs

Basic Qualifications:
· Bachelors degree
· 8 years experience of progressive compensation design and program management; experience managing the work of and leading a team of compensation professionals

Preferred Qualifications:
· Masters Degree
· 10+ years experience of progressive compensation design and program management; experience managing the work of and leading a team of compensation professionals
· Specific experience in developing compensation programs in a Banking environment and knowledge of production incentive plans
· Understanding of business economics and ability to translate into programs that drive desired behaviors
· Superior technical knowledge of compensation programs and practices; experience in evaluating competitive landscape, market and regulatory trends affecting reward practices
· Exceptional consultative, analytical, and problem solving skills
· Demonstrated collaboration skills both inside and outside of HR, engaging stakeholders to achieve a common vision
· Proven ability to establish rapport at all levels and effectively influence decisions at the highest level.
· Strong communication skills (both written and oral)
· Ability to prioritize and manage multiple projects and competing priorities
· Broad integrative thinker with ability to drive results
· CCP designation a plus

Capital One will not file non-immigrant visa petitions for alien workers.

As a recipient of TARP funding subject to the ARRA, Capital One will not sponsor new H-1B petitions or transfer existing H1B visas for new hires to Capital One.

No agencies please. Capital One is an equal opportunity employer committed to diversity in the workplace. We promote a drug-free work environment. We emphasize recruiting, hiring, and retaining the most qualified candidates and providing them with the opportunity to meet their potential. We provide an environment where differences lead to solutions.

Other desired skills:
compensation, Senior Director, Bank and Card Compensation, McLean, Northern Virginia