Principal Associate, Compensation Consulting

at Capital One Services II, LLC in Wilmington, Delaware, United States

Job Description

Job ID: R109139


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.


Capital One is an equal opportunity employer committed to diversity in the workplace. Capital One promotes a drug-free workplace. 


All qualified applicants will receive consideration for employment without regard to gender, race, color, religion, national origin, sexual orientation, protected veteran status, or disability status.


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; Newark, New Jersey Ordinance 12-1630; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries. 




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Job Posting: 838337

Posted On: Aug 28, 2021

Updated On: Oct 12, 2021