Manager, Compensation Consulting
About Capital One Canada
We’ve been helping millions of Canadians for over 20 years by providing them with access to credit. We’re on a mission to put our customers first, and keep them there, by providing innovative, smart solutions that make banking effortless.
Working with us
Capital One Canada is a data-driven tech company that just happens to do credit cards. We focus on customer-first solutions, and we’re united with this common goal. Find your place at a truly great company that will nurture your career and help you grow. We have all the advantages of a startup, with the resources of a big company. In our dynamic, agile environment, you’ll be encouraged to have ownership over your own work, with ample opportunity for career movement and advancement.
How do we do things at Capital One? We listen — to our people, and to our customers. We change with the times, currently working remotely with plans to move to a flexible hybrid model (remote and/or in-office) in the future. A flexible hybrid working model is one that creates the opportunity to match the work that we do to the environment that best supports that work. We recognize that everyone has a unique working pattern so we’re open to discussing flexible working arrangements that will best accommodate you.
A day in the life of a Manager, Compensation Consulting:
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 Total Rewards team. This role is responsible for designing, planning, and implementing compensation programs, policies, and procedures for Canada.
We work in a business-casual, collaborative environment where one’s contributions are recognized, 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 analyzing compensation and want to be part of a winning team, then this is the job for you!
Manager, Compensation Consulting
Role and Responsibilities:
Partner with Human Resources and senior business leaders to develop pay programs for our Canada Business while exhibiting strong communication, influencing, and problem solving skills and ensuring alignment with the HR and business strategy for Capital One in Canada
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.
Perform deep analysis on effectiveness and competitiveness of existing compensation programs and model potential impact of alternatives.
Conduct job evaluations using market data and internal evaluation, and regularly analyze 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 Canada labor and pay equity laws to effectively audit, analyze and develop internal compensation practices inclusive of corrective actions as needed. Provide compliance consultation to HR and your business clients.
Basic Qualifications:
Bachelor’s Degree or military experience.
At least 3 years of experience in Compensation or at least 3 years of experience in Finance or at least 3 years of experience in Analytics, or a combination
At least 2 years of experience in client consulting role
At least 3 years of experience with MS Excel / Google Sheets and developing data-based stories in MS Powerpoint / Google Slides.
Preferred Qualifications:
Bachelor’s Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources
Master’s Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources
Certified Compensation Professional (CCP)
At least 5 years of experience in Compensation or 5 years of experience in Finance or 5 years of experience in Analytics, or a combination
At least 5 years of experience in a client facing or consulting roles
At least 5 years of experience building compensation models and conducting pay analysis
At least 1 year of experience with Workday
Advanced excel skills (VBA, macros, array functions)
Experience building compensation models and conducting pay analysis.
Experience in the Financial Services Industry.
Experience with benchmarking tools (MarketPay) or reporting tools (Tableau, Business Objects)
Knowledge of human resources and compensation including knowledge of relevant Federal, Provincial, and Local laws/regulations relating to compensation
About Capital One Canada
We’ve been helping millions of Canadians for over 20 years by providing them with access to credit when others wouldn’t. We’re on a journey to put our customers first, and keep them there, by building modern technology solutions to simplify and humanize the world of credit cards. We have the positive energy of a startup, with the advantages of a big company.
Working with us
How do we do things at Capital One? We listen — to our people, and to our customers. We change with the times, currently working remotely with plans to move to a flexible hybrid model (remote and/or in-office) in the future. A flexible hybrid working model is one that creates the opportunity to match the work that we do to the environment that best supports that work. We recognize that everyone has a unique working pattern so we’re open to discussing flexible working arrangements that will best accommodate you.
At Capital One Canada the health and safety of our associates, customers and communities are our highest priorities and as a result, our offices are currently closed. When and how we transition from virtual to flexible hybrid will be guided by local government and health authority guidance.
We want our associates to have a voice, and we’re committed to diversity, inclusion and belonging.
We give everyone a seat at the table, bringing together different perspectives, backgrounds, and experiences to help challenge the status quo and create the best outcomes for everyone.
We’re focused on helping associates live well—physically, financially and emotionally. When you join us, we support you and those who are most important to you, offering full coverage for spouses, domestic partners, and dependents. We’ve designed our benefits program to be flexible, comprehensive and consistent across our organization. From health and fitness center discounts, to training and professional development programs—and much more—you’ll discover that Capital One is committed to helping you live your best life.
Capital One Canada is an equal opportunity employer committed to fostering a diverse and inclusive work environment. We consider all qualified applicants and will meet the needs of those requiring reasonable accommodations.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [email protected]. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One’s recruiting process, please send an email to [email protected]
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Our client in Mississauga is seeking a Senior Administrative Assistant. The ideal candidate will be highly organized, have a strong...
Apply For This JobOUR VISION At EarthDaily Analytics (EDA), we strive to build a more sustainable planet by creating innovative solutions that combine...
Apply For This JobJoin the Part-Time CFO Services team! The perfect candidate shares our values: integrity, teamwork, excellent service, customer-focused, community-oriented and has...
Apply For This JobPosition: Controller(ref: 1109372) Company: CPG/Manufacturing company Location: Woodbridge(based in office) Salary: $Flexible + Bonus Your new company A privately held...
Apply For This JobWhat does the opportunity include? Join a world-class team with a corporate culture like no other! People are our priority....
Apply For This JobPlease Note: If you are a current Algonquin College employee, apply to this job via the Workday application. Department: Faculty...
Apply For This Job