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Manager, Audit – Credit Risk Management

Capital One


Location:
McLean, VA
Date:
05/25/2017
Job Code:
capitalone2-R25803
Categories:
  • Financial Services
  • Management
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Job Details

Company Capital One

Job Title: Manager, Audit – Credit Risk Management

JobID: capitalone2-R25803

Location: McLean, VA, 22106, USA

Description: McLean 1 (19050), United States of America, McLean, Virginia



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.



Manager, Audit – Credit Risk Management



Corporate Audit Services (CAS), the Internal Audit function within Capital One, is a dedicated group of audit professionals focused on delivering top quality assurance services to the organization’s Audit and Risk Committee. The CAS department is considered one of the leading internal audit functions within the financial services industry and is highly regarded within Capital One. CAS professionals are experienced, well-trained and credentialed, and operate within a highly collaborative team environment to deliver value-added opinions and recommendations. In addition, the CAS culture creates a dynamic and challenging atmosphere for both personal growth and professional opportunity. The Risk Management Audit team is responsible for providing a comprehensive program of audit coverage for the firm's credit risk management framework and related controls across all lines of business.



CAS is seeking an energetic, self-motivated Audit Manager who will be responsible for performing audit assurance activities over Credit Risk Management, in areas such as Credit Review, Commercial and Small Business Credit Risk Management, Consumer Credit Risk Management, and Counterparty Credit to name a few. The Manager will also assist the Audit Director and Auditor-in Charge in developing the audit scope for assurance coverage, and assist in the oversight of the audit engagements. The Audit Manager will also act as a liaison with other Internal Audit groups by providing insights on credit risks and mitigating controls related to loan origination, loan administration, underwriting, loan servicing and credit risk management in the First Line of Defense. The Audit Manager is expected to identify areas of risk and possible opportunities to improve efficiencies. As part of the broader Audit team, the candidate will also lead or contribute to other audits as determined through audit planning processes.



As part of the Credit Risk Audit team, the Audit Manager will support the Audit Director in maintaining key business partner relationships, stay abreast of evolving industry practices, credit risk management methodology, and regulatory expectations relative to Credit Risk Management, and provide consult to the broader audit team where appropriate, based on the interaction between Credit Risk Management and broader audit coverage. The Audit Manager will help provide continuous monitoring of the internal control environment over the Credit Risk Management universe.



**Key Responsibilities:**



+ Plan, perform or lead audits primarily focusing on credit related risks and controls. Perform risk assessments of business activities, potential exposures and materiality of loss. Design and perform audit procedures, including identifying and defining issues, reviewing an analyzing evidence, and documenting auditee processes and procedures. Prepare written audit results. Identify and evaluate Capital One risk.

+ Leverage available data and analytical tools during the planning, fieldwork, and reporting phases of audit delivery.

+ Establish and maintain good client relations during engagements. Establish and build working relationships with line management. Communicate the audit results to management, which may include senior management, via written reports and oral presentations.

+ Provide input into the development of the annual audit plan. Design, execute and/or oversee internal control testing for standardized operations of moderate complexity with more than one component, including finance, IT, compliance, credit, security.

+ Communicates audit scope, issues, risks, and recommendations to management in written reports and oral presentations.

+ Coordinate with and support Line of Business Audit teams in the planning and execution of audit assessments.

+ Design and execute internal control testing for entire audits or large supporting components. Plans, performs and leads audit tasks demonstrating a degree of audit expertise consistent with experience level.



**Here's what we're looking for in an ideal teammate** :



+ You believe insight and objectivity are core elements to providing assurance on the effectiveness and efficiency of Capital One’s governance, risk management, and internal control processes.

+ You adapt to change, embrace bold ideas, and are intellectually curious. You like to ask questions, test assumptions, and challenge conventional thinking.

+ You develop influential relationships based upon shared risk objectives and trust to deliver outstanding business impact and elevate Audit’s value proposition.

+ You’re a firm believer that a rich understanding of data, innovation, and technical knowledge will only make you a better Auditor. This will require leveraging the power of data analytics and furthering your technical know how, so you’ll want to ensure that technology doesn’t scare you off.

+ You're a teacher. You have a passion for coaching and investing in the betterment of your team.

+ Lastly, you create energy and an environment that make it easy to attract, hire, and retain top talent.



As one of the “100 Best Companies to Work For,” you can look forward to coming to work every day with a team of people that are committed to excellence and doing the right thing.



**Basic Qualifications:**



+ Bachelor’s Degree or military experience

+ At least 5 years of experience in auditing, at least 5 years of experience in credit risk management, or a combination

+ At least 2 years of experience in leading audits and performing in the role of auditor-in-charge

+ At least 2 years of experience in banking or at least 2 years of experience in financial services industry



**Preferred Qualifications:**



+ Master’s Degree in Accounting or Master’s Degree in Finance or Master’s Degree in Economics or Master’s Degree in Information Systems or Master of Business Administration

+ Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) or Certified Regulatory Compliance Manager (CRCM) or or Chartered Financial Analyst (CFA).

+ 2+ years of experience in Credit Risk and Credit Risk Management concepts (Consumer Credit, Counterparty Credit, or Commercial Credit where Lines of Businesses (LOBs) extend credit to corporations in various industries using diverse commercial credit products)

+ 1+ years of experience performing data analysis in support of internal auditing



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



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.                                               


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