Full-Time

Associate – Compensation

Posted on 1/30/2025

Capital One

Capital One

10,001+ employees

Offers diverse financial products and services

Compensation Overview

$84.4k - $96.3kAnnually

+ Performance-based incentive compensation + Cash bonuses + Long-term incentives

Entry, Junior

No H1B Sponsorship

Richmond, VA, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Excel/Numbers/Sheets
Requirements
  • Bachelor’s Degree or military experience
  • At least 1 year of experience in Excel or Google Sheets
Responsibilities
  • Support the design and delivery of our Mid-year and Year-end compensation focal cycles
  • Build checks and conduct data validations of datasets and processes to ensure high level of accuracy
  • Support the development of plans, educational materials, and communications designed to provide associates, managers, compensation consultants, and HR partners with timely and accurate information regarding the focal cycles
  • Build and maintain process documentation and desk procedures and support process improvements, including automation
  • Perform and update controls, test controls and support testing of systems
  • Manage the Compensation Administration mailbox and investigate Workday business transaction issues and formulate recommendations
  • Partner with cross functional teams to deliver solutions and provide subject matter expertise on processes
  • Review and approve job profile creation and edit requests
  • Perform regression testing in Workday during system enhancements
  • Review and approve submissions for line of business incentive plans
Desired Qualifications
  • Experience working with Workday or Workday Advanced Compensation module
  • Process Engineering experience especially with continuous improvement, automation, and optimization
  • Bachelor’s Degree in Accounting, Statistics, Business Administration, Economics, Finance or Human Resources
  • Attention to detail and the ability to adapt to a dynamic agile environment
  • CCP - Certified Compensation Professional Certification
  • 2+ years of experience in Compensation, Finance, or Analytical role
  • 2+ years of experience with Excel and developing data-based stories in PowerPoint or Google Slides
  • 2+ years of experience in a client consulting or customer service related role
  • Knowledge of human resources and compensation including knowledge of relevant Federal, State, Local laws and regulations relating to compensation

Capital One offers a range of financial services, including credit cards, savings accounts, car loans, and business checking accounts, primarily in the United States. The company focuses on user-friendly banking solutions with no fees or minimums for checking accounts, making it easier for customers to manage their money. Capital One stands out from competitors through its commitment to financial inclusion and literacy, partnering with organizations to provide educational resources. The goal is to make banking more accessible and straightforward for everyone.

Company Size

10,001+

Company Stage

IPO

Headquarters

McLean, Virginia

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven solutions like Chat Concierge improve customer experience and operational efficiency.
  • The Lifestyle Collection increases customer engagement and loyalty in the travel sector.
  • Acquisition of Discover diversifies offerings and potentially expands market share.

What critics are saying

  • Class-action lawsuit challenges Capital One's affiliate marketing practices, risking financial repercussions.
  • AI-powered Chat Concierge may face data privacy and customer trust issues.
  • Acquisition of Discover may encounter regulatory scrutiny and integration challenges.

What makes Capital One unique

  • Capital One leverages AI to enhance customer service with its Chat Concierge.
  • The Lifestyle Collection targets a broader travel market with curated property benefits.
  • Capital One's acquisition of Discover aims to expand market share and financial offerings.

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Benefits

Medical, Dental, & Vision coverage

Onsite Health Centers

Prescription saving with network of local pharmacies

Stock Purchase Plan

Education Assistance

401(k)

Flexible Spending Accounts

Life and Disability insurance

Generous paid time off + corporate & floating holidays

Registered dieticians on site, cooking classes and free virtual fitness classes

Employee Assistance Program

Company News

MarketBeat
Feb 27th, 2025
Wealthstream Advisors Inc. Invests $287,000 in Capital One Financial Co. (NYSE:COF)

Wealthstream Advisors Inc. invests $287,000 in Capital One Financial Co. (NYSE:COF).

First Class Travel Now
Feb 26th, 2025
Capital One's new transfer bonus to JetBlue

But now, Capital One has launched a transfer bonus that can give you an extra 5,000 TrueBlue points upon your first transfer.

Business Wire
Feb 25th, 2025
Corpay® Upsizes Credit Facility by $750 million

Corpay, Inc. (NYSE: CPAY), a global S&P 500 corporate payments company today announced that it successfully closed on an amendment to its Term Loa

AwardWallet
Feb 22nd, 2025
Capital One Lifestyle Collection: Score Bonus Miles and Hotel Perks Without Elite Status

Later, Capital One introduced the Lifestyle Collection, a curated list of properties that offers select benefits to a broader range of travelers - though with fewer perks than the Premier Collection.

Auto Success
Feb 18th, 2025
Capital One Launches AI-Powered Assistant

Capital One has unveiled Chat Concierge, its first customer-facing agentic AI tool designed to streamline and enhance the car-buying process for both consumers and dealers.

INACTIVE