Principal Associate, Compensation
- Employer
- Capital One
- Location
- McLean, Virginia
- Closing date
- Jul 19, 2021
View more
- Industry
- Financial Services and Banking
- Function
- Finance
- Hours
- Full Time
Job Details
Principal Associate, Compensation
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. The ideal candidate for this role should exhibit strong communication, influencing, and problem solving skills towards all stakeholders.
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
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
Preferred Qualifications:
- 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 2+ years of experience in a client facing or consulting roles
- At least 1+ year of experience with Workday
- At least 4+ years of experience building compensation models and conducting pay analysis
- Advanced excel skills (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.
Company
We Don’t Only Think Big Things—At Capital One, We Do Big Things.
You’re dedicated to your career. You deserve professional satisfaction and personal fulfillment. You belong at Capital One.
Here, every day brings another chance to do impactful work that matters: helping millions of customers confidently manage their money, building stronger communities and delivering truly disruptive tech. You’ll give your all alongside some of the brightest, most resilient people in the industry—and in return, you’ll enjoy the growth opportunities, support, flexibility and benefits you need for an exhilarating life both on and off the job.
Be inspired. Be yourself. That’s #LifeAtCapitalOne.
Creating a Culture of Belonging
At Capital One, we value diversity, inclusion and belonging at our core. We’re building a place of belonging—where everyone can feel seen, heard, valued and free to be their authentic selves. We want to be a place of opportunity—where associates from all backgrounds innovate for our customers and communities, and build meaningful, fulfilling careers.
We endeavor to be a welcoming and inspiring place for all. We seek and embrace diversity. And we’re committed to having a diverse and inclusive workforce, focused on increasing the representation of underrepresented groups, strengthening our culture of inclusion and belonging and harnessing our scale to invest in our communities.
We’re focused on three core principles to advance diversity, inclusion and belonging across Capital One:
Create a culture of belonging where everyone can thrive and innovate
Attract and develop talent from all backgrounds and experiences
Ensure our systems and programs promote fairness and equity
Get a career with more at Capital One. Discover it for yourself today.
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, sexual orientation, gender identity, protected veteran status, disability or other protected status.
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