Principal Associate, Compensation Consulting

Capital One
Richmond, Virginia
Nov 18, 2021
Dec 17, 2021
Full Time
West Creek 2 (12072), United States of America, Richmond, Virginia

Principal Associate, 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 Principal Associate, Compensation to join our Total Rewards team.

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 requirements and digging into the details of business objectives along with the ability to translate these requirements into terms that others can develop solutions is critical.

  • Consult on compensation matters with Human Resource Consultants and executive 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
  • Support team and clients through mid-year and year-end compensation cycles
  • Provide analytical support and thought partnership for strategic compensation projects, key initiatives or processes horizontally caring for the needs of clients enterprise-wide

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 Microsoft Excel & Google Products (e.g. Sheets, Slides)

Preferred Qualifications:
  • Bachelor's Degree in 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 4 years of experience building compensation models and conducting pay analysis
  • Advanced excel skills (ex: VBA, macros, array functions)
  • At least 2 years of experience in a client facing or consulting roles
  • At least 1 year of experience with Workday
  • At least 1 year of experience with benchmarking tools (MarketPay) or reporting tools (Tableau, Business Objects)
  • Knowledge of human resources and compensation including knowledge of relevant Federal, State, Local laws/regulations relating to compensation

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

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 . 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

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).

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