Principal Associate

Principal Associate, Compensation Delivery

We are excited to announce an opening for a talented Principle Associate to join our Compensation Delivery team. We are a team of Total Rewards leaders who enable game-changing business results by bringing a data-driven approach to compensation that is designed to unleash greatness in our associates. 

Our team is responsible for delivering compensation for the entire organization including but not limited to designing, testing, and executing compensation focal cycles which calculate and deliver incentives and salary increases annually. 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 use to develop solutions will be critical. We are looking for a team member who can help us deliver timely results, improve existing processes, and collaborate with key partners and stakeholders to ensure that we are operationally efficient and meeting the needs of our customers. 

Our team is responsible for delivering compensation for the entire organization including but not limited to designing, testing, and executing compensation focal cycles which calculate and deliver incentives and salary increases annually. The team also enables our businesses and is accountable for delivering a great associate compensation experience throughout the year by ensuring timely and accurate data and identifying and implementing automation and experience enhancements. We are looking for a team member who can help us deliver on our goal to be operationally efficient and meet the needs of our customers. 

Do you want to work in a business-casual, collaborative environment where your contributions are recognized, successes are elevated and effort is rewarded? If you have a passion for continuous improvement and want your work to directly impact the experience of our associates, then this is the role for you.

In this role you will:

• Support the delivery of our semi-annual compensation focal cycles and new compensation intent

• Manage relationships with key stakeholders to understand and prioritize business needs

• Work with product and technology teams to translate business requirements into technical solutions

• Manage testing (strategy, scenarios, user acceptance), assist with troubleshooting system issues in partnership with the HR product and technology teams

• Use analytical skills to improve stakeholder experience, shape business intent, and inform prioritization of compensation delivery work

• Track key metrics and trends to identify root causes of issues and problem solve by partnering with Product and Tech teams

• 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

• Continuously update controls, test controls and support testing of systems to keep our processes well managed

• Provide subject matter expertise and guidance to other groups

Basic Qualifications:

• Bachelor’s Degree or military experience

• At least 3 years experience in Compensation, Finance, Analytics, Human Resources or a combination 

• At least 2 years experience in Microsoft Excel or Google Sheets

Preferred Qualifications:

• Experience working with Workday and/or Workday Advanced Compensation module

• Bachelor’s Degree in Accounting, Statistics, Business Administration, Economics, Finance or Human Resources

• 4+ years of experience in Compensation or 4+ years of experience in Finance or 4+ years of experience in Analytics, or a combination

• 3+ years of experience building compensation models and conducting pay analysis

• 3+ years of experience with Excel and developing data-based stories in PowerPoint or Google Slides

• Attention to detail and the ability to adapt to a dynamic agile environment

• CCP - Certified Compensation Professional

• Process Engineering experience especially with continuous improvement, automation, and optimization

• Experience working on projects using an Agile framework

• Experience using Jira

• 1+ years’ experience in an Agile Environment

• Basic knowledge of or experience using SQL

• Demonstrated ability to automate manual processes

• Demonstrated ability to maintain effectiveness in constantly changing environment

• Ability to apply integrative thinking in complex situations, identify issues and propose solutions

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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.

McLean, VA: $127,500 - $145,500 for Prin Assoc, CompensationRichmond, VA: $115,900 - $132,200 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 theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.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.

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 [email protected]. 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 [email protected]

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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).