Manager, Audit Ops/Finance (Basel II)-730698

Description
Level: Manager

Capital One is seeking an energetic, self-motivated Auditor interested in becoming part of our Corporate Audit Services team. As a member of the Basel II Audit team, the candidate will have the opportunity to play a key role in the coordination and execution of Internal Audit’s Basel II coverage plan. The candidate will support and lead business process or project audits associated with the Capital Calculation and Regulatory Reporting workstream. Additionally, as part of the broader Basel II Audit team, the candidate will support audits of Capital One’s overall Basel II Program, Implementation Plan, gap remediation, qualification processes, and Program management.

Each audit assignment encourages the Candidate to apply business, technical and industry knowledge to assess business risk, identify and design risk based tests of key controls, and lead the engagement team in performance of the audit. The candidate will also provide training and coaching to team members on assignments, and the broader Audit team. The candidate should be able to work independently, with minimal guidance from Audit management, while exercising judgment in risk based assessments and leading thought leadership activities within the Audit team. Career development and growth opportunities exist through our established training programs within the Corporate Audit Services team, as well as in IT or business functions. The candidate will be expected to maintain all organizational and professional ethical standards.

KeyResponsibilities:

• Leads audits or manages significant components of business process and project audits related to the development and implementation of Capital One’s Basel II Capital Calculator and Regulatory Reporting processes.




• Develops engagement planning documentation to communicate rationale for scoping decisions, develops audit program to ensure adequate coverage of risk. Communicates audit scope, issues, risks, and recommendations to management in written reports and oral presentations. Requires minimal level of guidance from the Audit Director or Engagement Manager.




• Assess management’s Basel II qualification process and validate remediation of identified Basel II compliance gaps.




• Maintain continuous monitoring of assigned Basel II workstream to assess whether deliverables are being completed as planned.




• Develop and maintain effective working relationship with key business partners within their assigned Basel II Workstream.




• Assist in the coordinate and support of Line of Business Audit teams in the planning and execution of Basel II related audit assessments.




• Expected to actively seek out learning opportunities to enhance knowledge related to assigned risk area, both broadly and specific to Basel II.




• Designs and executes 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.

Qualifications
Basic Qualifications:

• Bachelors Degree


• 4 years of experience in Internal or external auditing, accounting, financial analysis, information systems, compliance or other related field


• 2 years of experience in Operations experience in Banking and/or Financial Services. Understanding of transactional accounting and proper application of Generally Accepted Accounting Principles.


• 2 years of experience in Experience leading audits and performing in the role of auditor-in-charge


• 1 year of experience in Banking or financial services industry

Preferred Qualifications:
- Experience, either in an audit, risk, program, or line of business function with the build out and implementation of a Capital Calculator and Regulatory Reporting process at a Basel II organization.

• Masters Degree in Auditing, Accounting, Finance, Economics, Information Systems or Business Administration


• Certified or working toward a professional certification such as a CIA, CPA, CRCM or CISA


• 7 years of experience in Internal or external auditing, accounting, financial analysis, information systems, compliance or other related field


• 5 years of experience in Operations experience in Banking and/or Financial Services. Understanding of transactional accounting and proper application of Generally Accepted Accounting Principles.

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

No agencies please. Capital One is an equal opportunity employer committed to diversity in the workplace. We promote a drug-free work environment. We emphasize recruiting, hiring, and retaining the most qualified candidates and providing them with the opportunity to meet their potential. We provide an environment where differences lead to solutions.

Job: Audit, Risk Management and Security
Primary Location: United States-Virginia-Richmond-Richmond-West Creek 3 (12073)
Schedule: Full-time
Travel: Yes, 25 % of the Time

Job Posting:
Unposting Date: