Capital One Financial Corporation

Sr Manager, Wage & Hour Compliance and Risk

Capital One Financial Corporation$200K — $229K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s Degree or military experience
  • 6+ years in Compensation, Human Resources, Wage & Hour Law or Compliance
  • Experience in a law firm, in-house legal department, or both
  • Deep understanding of FLSA exemption criteria and local wage laws
  • Exceptional executive presence and experience with senior leadership

Responsibilities

  • Define scope and priorities for role assessments with stakeholders
  • Oversee fact-finding processes for role assessments
  • Document classification results against FLSA criteria
  • Lead classification projects responsive to technological changes
  • Analyze effectiveness of classification methodologies and recommend compliance strategies
  • Collaborate with legal counsel to communicate role classifications
  • Lead cross-functional governance on compliance accountability

Benefits

  • Comprehensive and inclusive health benefits
  • Financial wellness programs
  • Performance-based incentive compensation opportunities
  • Robust training for skill development
  • Supportive work environment focused on team collaboration
Full Job Description
Sr Manager, Wage & Hour Compliance and Risk

We are excited to announce an opening for a talented Senior Manager, Wage & Hour Compliance and Risk to drive strategy and execute on high priority projects for the Compensation Delivery team. We are a team of Total Rewards leaders who bring a data-driven approach to compensation that is designed to unleash greatness in our associates. We are looking for proven leadership candidates who are result-driven, flexible, and detail-oriented, with the ability to manage multiple initiatives in a fast-paced environment. 

Our team is responsible for delivering a well-managed compensation process and experience for our associates and ensuring there is adequate governance and controls through appropriate risk management all while supporting our business partners and associates with their compensation-related requests and inquiries. 

We are searching for a candidate who can optimize and maintain the company’s Fair Labor Standards Act (FLSA) role classification methodology and wage & hour compliance globally. The candidate would be expected to deliver timely results, improve existing processes, and provide a superb stakeholder experience while ensuring that we are operationally efficient and meeting the needs of the function.

In this role you will:

  • Define the scope, timelines, and priorities for conducting ongoing role assessments in partnership with internal stakeholders and legal counsel

  • Oversee the fact-finding process of role assessments, which includes examining job descriptions, organizational charts, and job family structures, as well as interviewing managers to understand the duties and responsibilities of roles. 

  • Map actual expectations and duties against FLSA exemption criteria and document classification results in a centralized repository

  • Anticipate and adapt to the evolution of role structures driven by technological advancements, by leading complex classification projects and analysis to ensure compliance methodologies remain forward-thinking and responsive to changing work environments.

  • Exercise independent judgment and discretion to analyze the ongoing effectiveness of classification methodologies, proactively pivot strategies, provide compliance recommendations, and engage Legal, HR, and business stakeholders to ensure alignment on outcomes.

  • Ensure project artifacts and communications are documented appropriately.

  • Partner closely with In-house and Outside Legal Counsel on role classification determinations and clearly and thoroughly communicate classifications.

  • Drive monthly compliance accountability by leading a cross-functional governance steering committee composed of Compensation, Legal, HR Risk, Payroll, and Associate Relations. 

  • Lead monthly business reviews to job classification progress, time-tracking trends, and local/international legislation shifts. 

  • Enhance stakeholder education and communication by implementing more robust FLSA standard training for HRBPs, Compensation professionals, and line managers. 

  • Leverage problem solving and influencing skills to ensure project plans deliver on intent

  • Build relationships and collaborate with key stakeholders to ensure delivery of commitments.

  • Interact and communicate regularly with key stakeholders at all levels across HR to manage, inform and influence outcomes.

We want you if you are: 

  • Intellectually Curious. You’re comfortable with ambiguity, have a passion for learning, and for seeking out new challenges or new technologies.

  • Influential Communicator. You’re comfortable influencing a group of stakeholders and peers as well as communicating clearly to partners. You can be open to different communication styles and listen carefully to diverse sets of ideas.

  • Decisive and Action-Oriented. You’re biased toward action, and are willing to make commitments and trade-offs with other leaders to remove impediments for the team. 

  • Collaborative Partner. You enjoy working with diverse people and driving the team toward a common goal. 

Basic Qualifications:

  • Bachelor’s Degree or military experience

  • At least 6 years of experience in Compensation, Human Resources, Wage & Hour Law or Compliance

Preferred Qualifications:

  • Masters in Business Administration or Juris Doctor from an accredited law school

  • 8+ years of experience in Compensation, Human Resources, or Wage & Hour Law/Compliance globally

  • Experience in a law firm, in-house legal department, or a combination

  • Deep, strategic understanding of FLSA exemption criteria, overtime rules, and state-specific wage and hour standards, including state-specific exemption rules

  • Exceptional executive presence and experience collaborating with legal counsel and presenting to senior leadership. 

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: $200,700 - $229,100 for Sr. Mgr., CompensationRichmond, VA: $182,500 - $208,300 for Sr. Mgr., 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 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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