Manager, Compensation Consulting

7 days ago


Toronto, Canada Capital One Full time

161 Bay Street (93021), Canada, Toronto,Toronto, Ontario,

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 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 b



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