Capital One
Manager, Compensation Consulting
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Manager, Compensation Consulting
White Collar Factory (95009) | London, United Kingdom
About This Role
Here at Capital One, Compensation is an integral part of our Total Rewards strategy, which aims to attract and retain the best talent while helping associates thrive. Seeking a Manager, Compensation to join our International compensation team, you will lead efforts to design, plan, and implement compensation programs, policies, and procedures across our global footprint.
In a fast-paced, collaborative environment, this role focuses on analytical rigor, data-driven decision-making, and enhancing associate satisfaction—including empowering employees to better understand their compensation. The ideal candidate should excel at clear communication, stakeholder influence, and problem-solving across all levels.
If you’re passionate about compensation analytics, enjoy working in a team-oriented setting, and thrive in mission-driven work—this is the opportunity for you.
What You’ll Do
Key Responsibilities
- Collaborate with HR and senior business leaders to develop pay programs for our International Business, aligning with HR and business strategy for Capital One globally.
- Provide expert compensation consulting, creating and presenting compensation program proposals—including market data, pay targets, and recommendations—to guide senior business decisions.
- Lead mid-year and yearly compensation cycles for assigned client groups, ensuring compliant, smooth execution under internal and external controls.
- Drive strategic compensation projects and horizontally integrated initiatives across business units.
- Partner with recruiters to design competitive external hire packages (auto, remote, and hybrid roles) using market insight.
- Conduct deep-pkg analysis of current compensation programs and propose alternatives, assessing feasibility and predicted impact.
- Perform benchmarking and job evaluations using market data and internal tools, analyzing our market position and advising adjustments where necessary.
- Translate business needs into pay strategics, supporting internal equity, fair pay, and pay equity policies across Capital One Europe.
- Offer praise and recommendations on:
- External employment offers
- Internal proposes and leveling
- Fair pay practices, using salary surveys (e.g., Payscale, Mercer) and compensation modeling tools (e.g., Workday, BetterComp).
- Draft compensation plans, educational materials, and stakeholder communications—ensuring clarity, accuracy, and timely dissemination of pay-related initiatives.
- Serv as a strategic HR leader, advocating beyond compensation and partnering with HR analytics/benefits teams to drive company-wide rewards initiatives.
- Ensure compliance with labor/pay equity laws, conducting internal compensation audits, and implementing corrective actions as needed.
- Provide compliance consulting for HR and business clients, supporting equitable and legally sound pay practices.
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What We’re Looking For
Requirements
- Previous experience in compensation management, ideally within a regulated industry.
- Advanced skills in financial modeling (e.g., Salary Budgeting, MarketBased Comp, or internal Compa-Ratio tools).
- Capabilities to perform segmentation, impact analysis, and position-sizing for compensation design.
- Notable experience in building compensation models and conducting pay analytics.
- Proven expertise in a client-service consulting role, explains complex compensation solutions to non-technical stakeholders.
- Advanced Excel/Google Sheets skills (e.g., VBA, macros, power-formulas, PivotTables), with proficiency in creating compensation data visualizations in Google Slides/PowerPoint.
- Acute attention to detail, with the ability to articulate compensation analytics and recommendations to senior executives.
- Agility to work cross-functionally and across geographies, driving decisions with diverse stakeholders.
- Competency with employment tools (preferred):
- Workday V14 or V16+ with global HCM configurations
- Benchmarking platform (e.g., BetterComp, Comperver)
- Visualization tools (e.g., Tableau, Power BI, business objects)
- Strong practical knowledge of human resources and compensation laws, including:
- Universal labor regulation outputs (ORA, Roman, etc.)
- Local tax and benefits compliance for assigned markets.
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Where and How You’ll Work
- Location: Hugely flexible, with three in-office days per week (Tuesdays–Thursdays) at London or Nottingham, plus hybrid remote options.
- Culture: Open-plan offices with ActiveHealth/HR support, gyms, culinary options, mindfulness spaces, and the London rooftop running track.
- Diversity & Inclusion: Active candidates from underrepresented groups are encouraged—though subjective bias isn’t welcome at all. The company partners with multiple ERG networks (e.g., LGBTQ+, Race Equality, Women in Tech) to foster inclusion.
How You’ll Grow
Career and Benefits
- Rewarding role with salary and commissions, aligned with Capital One’s Total Rewards strategy.
- Diverse career paths via high-investment internal training programs (Capital One University) and tailored external development resources.
- Comprehensive benefits, including:
- Pension scheme
- Discretionary bonus
- *Generous holiday (24 days)
- Employee Assistance Program (EAP)/health insurance
- Flexible benefits, such as:
- Season-ticket loans
- Cycle-to-work scheme
- 22 weeks extended maternity/paternity leave
- Shop discount
How We Recruit With Integrity
Capital One values diversity of thought—our hiring process is designed to be accessible, fair, and welcoming. We are an hydinoid company (train people until they grow the role) if your passions align with what we deliver on a daily basis.
- Anonymized recruit-obtractors:
- Every effort is made to protect confidentiality
- If you require a reasonable adjustment, please email:
ukrecruitment@capitalone.com
- Participants and community networks: Joining networks such as OUTFront, Reach, Mind Your Mind, or Women In Finance Charter may enhance your experience.
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