Principal Associate, Compensation

Capital One; McLean (VA); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Health benefits

Competitive compensation

Job summary

Capital One is seeking a Principal Associate, Compensation to join our Total Rewards team in McLean, Virginia. This role focuses on designing and implementing compensation programs across our Commercial & Financial Services teams.

Ideal candidates will have strong analytical skills and proven leadership in compensation analysis, client management, and benchmarking. Capital One promotes a collaborative work environment, fostering individual contributions and diversity.

Qualifications

• 3+ years of experience in Compensation, Finance, or Analytics.
• 2+ years in client management roles.
• Master’s degree in a relevant field is preferred.

Responsibilities

• Deliver expert compensation consulting and develop proposals.
• Perform analysis on existing compensation programs.
• Conduct benchmarking and job evaluations regularly.

Skills

Compensation analysis

Client management

Data analysis

Presentation skills

Benchmarking

Education

Bachelor's Degree or military experience

Tools

Excel

PowerPoint

Workday

Tableau

MarketPay

Job description

Are you interested in joining a team of Total Rewards leaders who enable game-changing business results by providing programs and solutions that unleash greatness in our associates? Here at Capital One 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! We work in a business-casual, collaborative environment where one’s contributions are recognized, successes are elevated and effort is rewarded. Capital One provides an environment where you can excel in your career while still maintaining a work life balance that others will desire. We nurture a work environment where people with a variety of thoughts, ideas and backgrounds, guided by our shared Values, come together to make Capital One a great company – and a great place to work.

Capital One is looking for a Principal Associate, Compensation to join our Total Rewards team. We are looking for proven leadership candidates who are detailed, results-oriented and flexible with the ability to manage multiple initiatives in a fast-paced environment. The Compensation Principal Associate will design, plan and implement compensation programs, policies and procedures for our Commercial & Financial Services teams.

Roles and Responsibilities

• 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 benchmarking and job evaluation using market data and internal evaluation, and regularly analyze our market position on jobs; make recommendations on market adjustments
• Develop plans, educational materials, and communications designed to provide associates, managers, and HR partners with timely and accurate information regarding compensation initiatives
• Consult with Human Resource Business Partners on a regular basis, providing expert compensation guidance and recommendations

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 management

Preferred Qualifications

• Master’s Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources
• Certified Compensation Professional (CCP)
• At least 2 years of experience with Excel and developing data-based stories in Powerpoint or Slides
• 5+ years of experience in Compensation or 5+ years of experience in Finance or 5+ years of experience in Analytics, or a combination
• 5+ years of experience building compensation models and conducting pay analysis
• 3+ years of experience in client facing or consulting roles
• 1+ year of experience with Workday
• Advanced excel skills (e.g., VBA, macros, array functions)
• Knowledge of human resources and compensation including knowledge of relevant Federal, State, Local laws/regulations relating to compensation
• Experience with benchmarking tools (MarketPay) or reporting tools (Tableau, Business Objects)

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

No agencies please. Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.