15 hours
2017-11-162017-12-16

Principal Auditor, Audit - Credit Risk Management

McLean, VA
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  • Job Code
    capitalone2-R37178
Company Capital One

Job Title: Principal Auditor, Audit - Credit Risk Management

JobID: capitalone2-R37178

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.



Principal Auditor, 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 vision of Innovate Continually, Perform Brilliantly, and Set the Standard create a dynamic and challenging atmosphere for both personal growth and professional opportunity.



CAS is seeking an energetic, self-motivated mid-level Principal Auditor to join the Corporate Audit Services team. The Principal Auditor will perform professional internal auditing work that involves conducting operational, financial and compliance audit projects and providing input to the annual audit plan. The Principal Auditor will be responsible for maintaining all organizational and professional ethical standards.



**Responsibilities** :



+ Oversee major components of business units and lead small to medium size audits of Credit Risk Management across Consumer and Commercial lines of business. Perform risk assessments of business activities, potential exposures and the materiality of loss. Design and perform appropriate audit procedures to verify the effectiveness.

+ Design and execute internal control testing for operations of moderate complexity. Perform and often plan audit tasks of moderate difficulty, demonstrating a degree of audit expertise consistent with experience level.

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

+ Establish and maintain good client relations during engagements.

+ Begin communicating the results of some audit projects to management via written reports and oral presentations.



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 3 years of experience in auditing, at least 3 years of experience in accounting, at least 3 years of experience in financial analysis, at least 3 years of experience in compliance, or a combination

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



**Preferred Qualifications** :



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

+ Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) or Certified Regulatory Compliance Manager (CRCM) or Certified Information Systems Auditor (CISA) or Certified Bank Auditor (CBA)

+ 2+ years of experience in credit underwriting and analysis or working in Credit Review with a top tier bank

+ 1+ years of experience with data analytics tools in support of internal audit



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



- Prepare clear, organized and complete documentation to support work performed.

- Self prioritize and effectively plan own work activities managing multiple priorities and tasks across the team to deliver quality results.

- Coordinate with others and proactively take on additional work.

- Deliver appropriate, succinct and organized information, tailoring communication style to audience.

- Effectively communicate information, issues and audit progress to teammates, clients and auditor-in-charge.

Level: Principal Associate

Are you interested in joining a team of Corporate Audit leaders whose mission is to enable game-changing business results by providing programs and solutions that unleash greatness in our associates? If so, Capital One wants to talk to you!

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 vision of Innovate Continually, Perform Brilliantly, and Set the Standard create a dynamic and challenging atmosphere for both personal growth and professional opportunity.

Responsibilities:

- Perform risk assessments of business units and design and perform appropriate audit procedures to verify the effectiveness of existing controls, identify and defines issues, review and analyze evidence, and document client processes and procedures.

- Oversees major components of audits and leads small to medium size audits. Performs risk assessments of business activities, potential exposures and the materiality of loss. Provides input into the development of the annual audit plan.

- Designs and performs appropriate audit procedures to verify the effectiveness of existing controls, identifies and defines issues, reviews and analyzes evidence, and documents auditee processes and procedures. Designs and executes internal control testing

- Understand the broader context and implications of the various types of risk affecting the business (e.g., financial, legal, reputational, etc.).

- Establishes and maintains good client relations during engagements. Communicates or assists in communicating the results of some audit projects to management via written reports and oral presentations.

- Identify expectations of the client and take actions to support the client experience.

- Prepare clear, organized and complete documentation to support work performed.

- Self prioritize and effectively plan own work activities managing multiple priorities and tasks across the team to deliver quality results.

- Coordinate with others and proactively take on additional work.

- Deliver appropriate, succinct and organized information, tailoring communication style to audience.

- Effectively communicate information, issues and audit progress to teammates, clients and auditor-in-charge.



Basic Qualifications:

- Bachelors Degree or military experience



- 3 years experience in internal audit or risk management (can be combined with Big 4 external Audit experience) either in or for a banking organization



- 2 years experience leading audit engagements including the planning, execution, staff supervision & development and reporting.



Preferred Qualifications:

- Bachelors or Advanced Degree in Accounting, Finance, Economics, Business Administration.



- 4-6 years experience in internal audit or risk management (can be combined with Big Four external Audit experience)



- 2-3 years experience in (or servicing) a large financial services institution with a preference for credit card experience.



- Professional certification (or progress towards completion) in an audit related field such as a CIA, CPA, CRCM or CISA.



- Strong, effective communicator (verbally and in writing) with management, and external parties.



- Demonstrated success establishing and maintaining strong working relationships with all levels of associates, management and external parties.



- Demonstrated success interacting with and influencing various stakeholders within a large organization.



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



Categories

  • Financial Services
  • Management

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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Principal Auditor, Audit - Credit Risk Management

Capital One
McLean, VA

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Principal Auditor, Audit - Credit Risk Management

Capital One
McLean, VA

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