Principal Associate, Executive Compensation & Equity (Remote-Eligible)
- Employer
- Capital One
- Location
- McLean, Virginia, United States
- Posted
- Jan 29, 2023
- Closes
- Feb 08, 2023
- Ref
- R157709
- Function
- Finance
- Industry
- Financial Services and Banking
- Hours
- Full Time
Locations: VA - McLean, United States of America, McLean, Virginia
Principal Associate, Executive Compensation & Equity (Remote-Eligible)
Capital One is focused on developing the best tools to help pay incentives for associates. We are working to improve the associate experience and how they can understand and be paid for their incentives. We work in a business-casual, collaborative environment where one's contributions are recognized, successes are elevated and effort is rewarded. We are looking at how we can simplify, automate, and deliver on our line of business incentives for our associates. You will have a history of gathering requirements and digging into the details of business objectives. Your experience of being able to translate these requirements into terms that others can develop solutions will be critical. In addition, you value the importance of ensuring strong governance for ensuring we effectively and accurately pay our associates.
Capital One is looking for a Principal Associate, Compensation to join our Total Rewards team within Executive Compensation and Equity. The ideal candidate for this role should exhibit strong communication, influencing, and problem solving skills towards all stakeholders.
Role & Responsibilities
Capital One is open to hiring a Remote Employee for this opportunity.
Basic Qualifications
Preferred Qualifications
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
Location is New York City: $114,766 - $135,398 for Prin Assoc, Compensation
Location is San Francisco, California: $121,574 - $143,430 for Prin Assoc, Compensation
Remote roles in other areas of New York & California, and across Colorado & Washington: $97,277 - $114,765 for Prin Assoc, Compensation
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website . 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, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, 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.
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 RecruitingAccommodation@capitalone.com . 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 Careers@capitalone.com
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).
Principal Associate, Executive Compensation & Equity (Remote-Eligible)
Capital One is focused on developing the best tools to help pay incentives for associates. We are working to improve the associate experience and how they can understand and be paid for their incentives. We work in a business-casual, collaborative environment where one's contributions are recognized, successes are elevated and effort is rewarded. We are looking at how we can simplify, automate, and deliver on our line of business incentives for our associates. You will have a history of gathering requirements and digging into the details of business objectives. Your experience of being able to translate these requirements into terms that others can develop solutions will be critical. In addition, you value the importance of ensuring strong governance for ensuring we effectively and accurately pay our associates.
Capital One is looking for a Principal Associate, Compensation to join our Total Rewards team within Executive Compensation and Equity. The ideal candidate for this role should exhibit strong communication, influencing, and problem solving skills towards all stakeholders.
Role & Responsibilities
- Consult on compensation matters with Human Resource Consultants and Senior Director / VP level business leaders
- Perform deep analysis on effectiveness and competitiveness of existing compensation programs and model potential impact of alternatives
- Conduct job evaluation using market data and internal evaluation and regularly analyze our market position on jobs
- Assist senior compensation consultants with development of proposals and presentations about compensation programs (including market data and appropriate pay levels/targets) to influence and educate senior level decision-makers
- Draft plans, educational materials, and communications designed to provide associates, managers, and HR partners with timely and accurate information regarding compensation initiatives
- Manage job descriptions for your clients, including auditing jobs for content and preparing job descriptions reflecting job responsibilities and requirements, as needed
- Audit and analyze internal compensation practices in relation to relevant regulations. Develop recommendations for corrective actions as needed
Capital One is open to hiring a Remote Employee for this opportunity.
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 Excel or Sheets
Preferred Qualifications
- Master's Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources
- Certified Compensation Professional (CCP) or Equity Compensation Associate (ECA)
- 5+ years of experience in Compensation or 5+ years of experience in Finance or 5+ years of experience in Analytics, or a combination
- 2+ years of experience in a client facing or consulting roles
- 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)
- 1+ year of experience with Workday
- 4+ years of experience building compensation models and conducting pay analysis
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
Location is New York City: $114,766 - $135,398 for Prin Assoc, Compensation
Location is San Francisco, California: $121,574 - $143,430 for Prin Assoc, Compensation
Remote roles in other areas of New York & California, and across Colorado & Washington: $97,277 - $114,765 for Prin Assoc, Compensation
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website . 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, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, 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.
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 RecruitingAccommodation@capitalone.com . 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 Careers@capitalone.com
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).