Capital One Financial Corporation

Director, Compensation

Capital One Financial Corporation$230K — $263K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or military experience
  • 7 years of experience in compensation, finance, or human resources
  • 3 years of experience in people leadership
  • Master's Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources (preferred)
  • Certified Compensation Professional (CCP) (preferred)
  • Experience leading compensation strategies at all levels, including C-Suite (preferred)
  • Experience in the Financial Services or Tech industry (preferred)

Responsibilities

  • Lead and develop a team of Compensation professionals to align with business strategies and program delivery
  • Cultivate an inclusive culture through attracting and supporting talent within Compensation
  • Collaborate with senior executives, preparing materials and influencing outcomes
  • Manage strategic compensation projects, ensuring alignment with Total Rewards vision
  • Oversee Line-of-Business incentive plans focusing on design and governance
  • Guide clients through mid-year and year-end compensation cycles with internal controls
  • Proactively identify and manage risks, leveraging business judgment

Benefits

  • Comprehensive health benefits
  • Financial wellness programs
  • Incentive compensation opportunities including cash bonuses and long-term incentives
  • Inclusive workplace culture
  • Support for professional development and career growth
Full Job Description
Director, Compensation

Capital One is looking for an innovative Director, Compensation to join our Total Rewards team. We are looking for proven leadership candidates who are attentive to detail, results-oriented, and flexible with the ability to navigate challenging forces in a fast-paced environment with significant change.

The role will partner with senior leaders and play an active role formulating an innovative compensation strategy. The successful candidate is an exceptional people leader, has intellectual curiosity and strong communication, influencing, and problem solving skills, and an ability to build strong partnerships across stakeholders, partners, and clients. This Director is expected to represent their clients points of view in enterprise-wide initiatives.

Responsibilities:

  • Lead and develop a team 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

  • Inclusive leader focused on creating a culture of belonging and collaboration through attracting, actively developing, and supporting talent across Compensation

  • Lead meetings with senior executives, inclusive of developing compelling meeting materials, challenging and debating respectfully, and influencing outcomes

  • Lead strategic compensation projects, key initiatives or processes horizontally caring for the needs of clients enterprise-wide. This includes defining the roadmap and destination state in alignment with our Total Rewards vision.

  • Oversee all aspects of Line-of-Business (LOB) incentive plans for designated client groups, with a strong emphasis on plan design and governance.

  • Lead team and clients through mid-year and year-end compensation cycles, ensuring smooth execution and managing within internal controls

  • Proactive management of risks, applying sound judgment and business acumen

  • 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

  • Serve as escalation point, owning resolution with partners and business leaders within client group (e.g. offers, retention, pay exceptions)

  • Proactively stay up-to-date on industry and market trends that may impact our ability to attract and retain talent

  • Strong problem solving capabilities leveraging an outside-in lens to develop innovative solutions

Basic Qualifications:

  • Bachelors Degree or military experience

  • At least 7 years of experience in compensation, finance, or human resources

  • At least 3 years of experience in people leadership

Preferred Qualifications:

  • Masters Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources

  • Certified Compensation Professional (CCP)

  • 5+ years of experience effectively leading and communicating compensation strategies at all levels including the C-Suite

  • 5+ years of experience in the Financial Services or Tech industry

  • Experience designing incentive plans

  • Knowledge of human resources and compensation including knowledge of relevant Federal, State, Local laws/regulations relating to compensation

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

  • Experience innovating processes or programs

  • Experience with benchmarking tools (MarketPay, BetterComp) and reporting tools (Tableau, Business Objects)

  • Proficient with Microsoft Excel and Google Products (e.g. Sheets, Slides)

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: $230,400 - $263,000 for Director, CompensationRichmond, VA: $209,500 - $239,100 for Director, 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 candidates 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 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.

About Capital One Financial Corporation

Chevy Chase Bank is the greater Washington region's largest locally-owned banking institution providing a complete array of financial products and services to consumers and businesses in Maryland, Virginia, and the District of Columbia. The Bank, which is headquartered in Bethesda, Maryland, has approximately 250 branches and over 1,000 ATMs, more than anyone else in the greater Washington market. Chevy Chase Bank currently has over $16 billion in assets and services over 1 million customers. For more information about Chevy Chase Bank, please visit chevychasebank.com.

Capital One Financial Corporation Careers

Join the vibrant team at Capital One Financial Corporation, a leader in the financial services industry, where innovation meets purpose-driven leadership. As one of the most forward-thinking companies in banking, Capital One is the perfect place to jumpstart or advance your career with a myriad of job opportunities in various fields.

Work You’ll Do

At Capital One, we are committed to excellence and setting our team members up for success. By joining our dynamic team, you will engage in meaningful work that makes a real difference. From developing cutting-edge technology to crafting personalized financial solutions, every position at Capital One is geared towards redefining the future of banking.

Innovate and Lead

Capital One is not just a company; it's a hub of innovation and leadership. We empower our professionals to lead with their ideas and see them come to life. Our culture thrives on diversity and the unique perspectives each team member brings. Here, your skills in networking, problem-solving, and leadership will not only be valued but also nurtured through professional development and diversity training.

Grow Your Career

Capital One is deeply invested in the growth and development of its employees. With robust training programs, mentorship, and resources for professional enhancement, we ensure that your career trajectory aligns with your personal and professional goals. Whether it’s rising through the ranks or switching tracks via internal job opportunities, your growth is our priority.

Internship and Employment Opportunities

For those starting their journey, Capital One offers enriching internship programs that provide a glimpse into the culture and work ethic that drives our success. Interns gain hands-on experience, valuable insights, and the opportunity to network with leaders across the company. For seasoned professionals, we offer positions that challenge your expertise while encouraging balance and innovation.

Benefits and Culture

Choosing to work at Capital One means opting for a lifestyle where your well-being is prioritized. Our benefits package is designed to support you both at work and in your personal life, encompassing health, finance, and family. The inclusive culture at Capital One ensures that everyone, regardless of background, has the opportunity to thrive.

Join Our Team

Explore the various career paths available at Capital One and discover how your skills and passions can align with our mission. We are continuously hiring across multiple disciplines, eager to welcome curious, creative, and driven individuals to our team.

Stay Connected

Keep up to date with the latest in career opportunities and company news by joining our network. Tailor your job alerts to match your career preferences and get insider tips that can transform your application process, from crafting your resume to acing your interview.

Search Capital One Jobs

Ready to take the next step in your career? Search open positions that match your skills and interests. At Capital One, your next job opportunity could be the gateway to a fulfilling and prosperous career.

Read Careers Blog

Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Capital One Financial Corporation is not just a company—it's a place where you can make an impact. Discover the opportunities waiting for you in a career at Capital One. Join us and shape the future of banking with your vision, skills, and enthusiasm.
Learn more about Capital One Financial Corporation
Size
51,500 employees
Market Cap
$34.1 billion
Industry
Net Income
$2.7 billion
Founded
1994
5 Year Trend
+2.4%
NASDAQ

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