Senior Associate, Compensation Analyst

About the role

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. In this position you will perform compensation analysis on essential initiatives, including semi‑annual compensation cycles, job benchmarking against market standards, and collaborating with enterprise business leaders on diverse compensation initiatives. The role offers a business‑casual, collaborative environment where contributions are recognized, successes are elevated and effort is rewarded.

Responsibilities

• Collaborate with a team of compensation analysts to enhance compensation analytics by implementing automation and refining processes.
• Perform deep analysis on effectiveness and competitiveness of existing compensation programs and model potential impact of alternatives.
• Conduct benchmarking and market analysis to determine if pay is appropriately aligned to the external market.
• Research and formulate recommendations for enterprise compensation approaches and design.
• Support mid‑year and year‑end compensation cycles through Workday testing, budget reporting, and researching unique cases.
• Conduct compensation analysis on large, cross‑functional projects across businesses and countries.
• Support and advance the Compensation Market Intelligence function by managing benchmarking tools, vendor relationships, and evaluating cutting‑edge data products and technologies.

Basic Qualifications

• Bachelor’s degree or military experience.
• At least 1 year of experience in Compensation, Finance, Analytics, or a combination thereof.
• At least 1 year of experience in Excel or Google Sheets.

Preferred Qualifications

• Bachelor’s degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources.
• 2 + years of experience in Compensation, Finance, Analytics, or a combination thereof.
• 2 + years of experience in client consulting.
• 2 + years of experience with Excel and developing data‑based stories in PowerPoint or Google Slides.
• 1 + year of experience with Workday or Workday Advanced Compensation module.
• 1 + year of experience in SQL.
• 1 + year of experience in Python.
• 1 + year of experience with agile delivery.
• Advanced Excel skills (e.g., VBA, macros, array functions).
• Experience with benchmarking tools (MarketPay) or reporting tools (Tableau, Business Objects).
• Certified Compensation Professional (CCP).

Pay

McLean, VA: $111,200 – $126,900 for Senior Associate, Compensation. Candidates hired in other locations will receive the pay range associated with that location. The role is also eligible to earn performance‑based incentive compensation, which may include cash bonuses and/or long‑term incentives.

Benefits

Capital One offers a comprehensive, competitive, and inclusive set of health, financial, and other benefits that support total well‑being. Eligibility varies based on full‑ or part‑time status, exempt or non‑exempt status, and management level.