1 day old
2017-11-202017-12-19

Sr Manager, Audit – Swap Dealer

McLean, VA
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  • Job Code
    capitalone2-R36782
Company Capital One

Job Title: Sr Manager, Audit – Swap Dealer

JobID: capitalone2-R36782

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.



Sr Manager, Audit – Swap Dealer



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 Balance Sheet management framework and related controls across all lines of business.



CAS is seeking an energetic, self-motivated Audit Senior Manager who will assist in the development and execution of the audit plan for assurance coverage of Capital One’s Swap Dealer Business, including acting as the primary lead on the annual Swap Dealer audit and helping evaluate the overall adequacy of the Swap Dealer Risk Management framework. Further, the Audit Senior Manager will also play a significant role on other related audits and projects conducted around the Company’s management of Market and Liquidity risks, Funds Transfer pricing, and other significant Balance Sheet Management related audits from both the 1st and 2nd lines of defense view. The Audit Senior Manager will act as a liaison with other Internal Audit groups by providing insights on different components of the Swap Dealer Business, including the annual assessment of the Risk Management program and evaluation of individual Swap Dealer risks. The Auditor Senior 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.



The Audit Senior Manager will support CAS to maintaining key business partner relationships, stay abreast of evolving industry practices, and regulatory expectations relative to Swap Dealer Business, and provide consult to the broader audit team where appropriate, based on the interaction between Auditee Management team and broader audit coverage. The candidate will also provide training and coaching to team members on assignments, and the broader Audit team.



**Key Responsibilities:**



+ Annual planning, risk assessment, and scheduling of Audit universe relative to Balance Sheet Management related audits.

+ Direct or lead business process and project audits, primarily within the Balance Sheet Management related audit universe, particularly the annual Swap Dealer audit.

+ Develop engagement planning documentation to communicate rationale for scoping decisions, develop audit program to ensure adequate coverage of risk.

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

+ Develop and maintain effective working relationship with key business partners within their assigned area, developing and functioning as a Subject Matter Expert relative to Swap Dealer Risk Management.

+ 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.

+ On audit engagements facilitates teamwork, coordinates and leverages available resources to complete engagements on time. Builds and utilizes relationships outside immediate CASS team to improve overall quality.

+ Delivers appropriate, succinct and organized information, tailoring communication style to audience. Effectively reviews and compiles relevant, material findings and recommendations into readable and concise audit reports. Communicates complex results and implications, incorporates different perspectives into deliverables. Effectively communicates audit process scope, protocol, issues, risks and recommendations to clients during kick-off, periodic status updates, and exit meetings.

+ Demonstrates flexibility in responding to changes in assignment and job responsibility.

+ Leverages specialized knowledge and skills, providing management with insight into their area of subject-matter focus. May be called upon to effectively represent internal audit at management meetings, and to some external organizations.

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



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



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

+ You seek to deepen relationships and shared objectives with your business partners to deliver an elevated value proposition and outstanding business results.

+ You’re a firm believer that data will only make you a better Auditor. This part will require looking at some data, so you’ll want to ensure that analytics doesn’t scare you off.

+ You're a teacher. You have a passion for coaching and investing in the development 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 7 years of experience in Auditing, at least 7 years of experience in Market Risk Management, at least 7 years of experience in Liquidity Risk Management, at least 7 years of experience in Credit Risk Management, or a combination

+ At least 5 years of experience in leading audit engagements or in project management

+ At least 5 years of experience in banking or the financial services industry



**Preferred Qualifications:**



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

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

+ At least 7 years of experience in assessing risk management policies and procedures that are designed to monitor and manage Market, Credit, Liquidity, Foreign Exchange, and Operational Risks

+ At least 3 years of experience in a major Swap Dealer

+ At least 3 years of regulatory compliance experience (CFTC, FINRA, FRB, OCC)

+ 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.**



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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Sr Manager, Audit – Swap Dealer

Capital One
McLean, VA

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Sr Manager, Audit – Swap Dealer

Capital One
McLean, VA

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