Principal Associate, Compensation Delivery

Principal Associate, Compensation Delivery

We are excited to announce an opening for a talented Principal 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 :

Preferred Qualifications :

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 Principal Associate, Compensation

Richmond, VA : $115,900 - $132,200 for Principal Associate, 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 the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.