Capital One Services, LLC Compensation Consultant, Principal Associate Commercial Bank in New York, New York

Job ID: R42288NYC 299 Park Avenue (22957), United States of America, New York, New York

At Capital One, we're building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding. Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Compensation Consultant, Principal Associate Commercial Bank

We are hiring for a Principal Associate, Compensation Consultant. Are you interested in joining a team of compensation leaders whose goal is to enable game-changing business results by providing programs and solutions that 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? Here at Capital One we bring a data-driven approach to compensation. If you have a passion for analyzing compensation and want to be part of a winning team, then this is the job for you

Responsibilities:

  • Consult on compensation matters with Human Resource Consultants and Senior Director / VP 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. Ensure all positions are classified appropriately according to FLSA
  • Audit and analyze internal compensation practices in relation to relevant regulations. Develop recommendations for corrective actions as needed. Provide compliance consultation to HR and your business clients
  • Lead mid-year and year-end compensation cycles for assigned client groups, ensuring smooth execution and managing within internal and external controls
  • Participate in strategic compensation projects, key initiatives or processes horizontally across client groups or Commercial

Basic Qualifications:

  • Bachelor's Degree or military experience
  • At least 2 years of experience in Compensation, or at least 2 years of experience in Finance, or at least 2 years of experience in Analytics, or a combination of the three
  • At least 2 years of experience with Excel and developing data-based stories in PowerPoint

Preferred Qualifications:

  • Bachelor's Degree in Accounting, Statistics, Business Administration, Economics, Finance or Human Resources
  • CCP - Certified Compensation Professional
  • At least 4 years of experience in Compensation, at least 4 years of experience in Finance, or at least 4 years of experience in Analytics, or a combination of the three
  • At least 2 years of experience in a client consulting role
  • Experience with benchmarking tools such as MarketPay
  • Experience building compensation models and conducting pay analysis
  • Knowledge of human resources and compensation including knowledge of relevant Federal, State, Local laws/regulations relating to compensation

Recruiting Contact -

Marybeth Maino

HR Recruiting

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

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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.