Manager, Consulting

Position: Manager, Compensation Consulting
White Collar Factory (95009), United Kingdom, London, London

Manager, Compensation Consulting

About this role

Here at Capital One, Compensation is an important component of our Total Rewards strategy which focuses on Delivering Total Rewards that compel the best people to join and stay with Capital One and empower them to live their best lives. We are looking for a Manager, Compensation to join our International compensation team and who are detailed, results-oriented and flexible with the ability to manage multiple initiatives in a fast-paced environment.

This role is responsible for designing, planning, and implementing compensation programs, policies, and procedures across our international footprint.

We work in a business-casual, collaborative environment where one’s contributions are recognised, successes are elevated and effort is rewarded. We bring an analytically rigorous, data-driven approach to compensation and are focused on improving the associate experience including associate understanding of pay. The ideal candidate for this role should exhibit strong communication, influencing, and problem solving skills towards all stakeholders. Experience gathering requirements and digging into the details of business objectives along with the ability to translate these requirements into terms that others can develop solutions for is critical.

We bring a data-driven approach to compensation. If you have a passion for analysing compensation and want to be part of a winning team, then this is the job for you!

What you’ll do

Partner with HR and senior business leaders to develop pay programs for our International Business while exhibiting strong communication, influencing, and problem solving skills and ensuring alignment with the HR and business strategy for Capital One internationally

Deliver expert compensation consulting and develop proposals and presentations about compensation programs (including market data and appropriate pay levels/targets) to influence and educate senior level decision-makers

Serve as the primary compensation point of contact for mid-year and year-end compensation cycles for assigned client groups, ensuring smooth execution and managing within internal and external controls

Contribute to strategic compensation projects, key initiatives or processes horizontally across client groups

Collaborate with recruiters to develop competitive offer packages for external hires

Perform deep analysis on effectiveness and competitiveness of existing compensation programs and model potential impact of alternatives

Conduct benchmarking and job evaluations using market data and internal evaluation, and regularly analyse our market position on jobs; make recommendations on market adjustments

Research and formulate recommendations on external and internal employment offers, job leveling, and internal equity adjustments through the use of salary surveys and internal compensation tools

Draft plans, educational materials, and communications designed to provide associates, managers, and HR partners with timely and accurate information regarding compensation initiatives

Be an influential HR leader who thinks beyond compensation programs and builds strategic initiatives in close partnership with our HR analytics and benefits teams

Demonstrate an understanding of labour and pay equity laws to effectively audit, analyse and develop internal compensation practices inclusive of corrective actions as needed

Provide compliance consultation to HR and your business clients

What we’re looking for

Compensation management experience, preferably within a regulated industry

High level of experience with building compensation models and conducting pay analysis

Experience in a client consulting role

Advanced Google Sheets / Excel skills (VBA, macros, array functions) and experience in developing data-based stories in Powerpoint / Google Slides

Great attention to detail to understand compensation analytics and how to present to senior business leaders

Ability to work cross-functionally and globally with lots of stakeholders to drive compensation decisions

Experience with Workday (desirable)

Experience with benchmarking tools…