Senior Associate, Compensation Analyst

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. Join us 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, this role is for you.

About the role

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 ideal candidate will demonstrate robust analytical abilities, problem-solving expertise, effective communication, and strong influencing skills.

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 our Compensation Market Intelligence function by managing benchmarking tools, vendor relationships, and evaluating cutting-edge data products and technologies

Requirements

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

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
• 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

The minimum and maximum full-time annual salaries for this role are listed below, by location. Salaries for part-time roles will be prorated based on the agreed-upon number of hours to be regularly worked.

• McLean, VA: $111,200 - $126,900

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 will be reflected solely in the candidate’s offer letter.

Benefits

This role is 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. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level. Learn more at the Capital One Careers website.