Principal Associate, Compensation Analyst

## Principal Associate, Compensation Analyst Apply:
McLean, VA:
Full time:
Posted Yesterday:
R1000979

Principal Associate, Compensation Analyst We are excited to announce an opening for a talented Principal Associate to join our Pay Design and Compensation Analytics 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. 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 job for  this position, you will be tasked with performing compensation analysis on essential initiatives, including semi-annual compensation cycles, job benchmarking against market standards, and collaborating with enterprise business leaders and Compensation leaders on diverse compensation initiatives.

The perfect candidate for this role will demonstrate robust analytical abilities, problem-solving expertise, effective communication, and strong influencing skills.
**** Roles and 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
* Draft plans, educational materials, and communications designed to provide associates, managers, and HR partners with timely and accurate information regarding compensation initiatives
**** 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 Excel or Google Sheets
**** Preferred Qualifications
***** Bachelor’s or Master’s Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources
* 5+ years of experience in Compensation or 5+ years of experience in Finance or 5+ years of experience in Analytics, or a combination
* 3+ years of experience developing data-based stories in PowerPoint or Google Slides
* 3+ years of experience in a client facing or consulting roles
* 3+ years of experience designing, administering, or managing HR or compensation programs across international jurisdictions outside the US
* 2+ years of experience with Workday or Workday Advanced Compensation module
* 2+ years of experience building models and conducting analyses using Excel, Google Sheets, Python, and/or SQL
* Experience with benchmarking tools (Better Comp, Compa) and/or reporting tools (Tableau, Quick Sight)
* Experience using AI and/or technology such as Gemini or Claude Code to generate creative ideas, solve problems, troubleshoot common business problems, and translate them into tangible more efficient work products
* Certified Compensation Professional (CCP)
* 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…