Internal Auditor
The Voleon GroupSalary not specified
Principal Auditor- Credit Risk Management (Hybrid) at Capital One
Richmond, Virginia, United States
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries
Requirements
- Bachelor’s Degree or military experience
- At least 4 years of experience in auditing, credit risk management, financial analysis, or a combination
- At least 2 years of experience in leading audits or performing in the role of auditor-in-charge
- Critical thinker who understands business, credit risk management, and control environment
- Relentless focus on quality and timeliness
- Ability to adapt to change, embrace bold ideas, and demonstrate intellectual curiosity
- Ability to develop influential relationships based on shared risk objectives and trust
- Strong understanding of data, innovation, and technology, including data analytics
- Passion for coaching, leading by example, and fostering trust, collaboration, and belonging
- Preferred Qualifications
- Master’s Degree in Auditing, Accounting, Finance, Economics, or Business Administration
- Professional certification such as Chartered Financial Analyst (CFA) or Certified Risk Manager (CRM)
- 5+ years of experience in Credit Risk Management at a large bank or financial services organization
- Extensive experience in credit policy or underwriting from a financial institution or consulting
- Track record of decision making and problem solving based on analytics; strong quantitative skills
Responsibilities
- Lead small audits, or own completion of significant components of larger audits
- Develop engagement planning documentation for assigned areas to communicate rationale for scoping decisions, and develop audit programs to ensure adequate coverage of risks
- Design and execute appropriate audit procedures to verify the effectiveness of internal controls
- Document auditee processes and procedures, review and analyze evidence, and identify potential issues
- Prepare clear, organized, and complete documentation to support work performed, including draft findings
- Establish and maintain good client and team relations during engagements; effectively communicate information and audit progress to team, clients, and auditor-in-charge
- Self-prioritize and effectively plan work activities, managing multiple priorities and tasks across the team to deliver quality results; proactively take on additional work to support the team
- Provide coaching, on-the-job training, and feedback to audit staff, including junior associates and recent hires
Skills
Credit Risk Management
Internal Audit
Audit Planning
Risk Assessment
Internal Controls
Audit Procedures
Control Testing
Audit Documentation
Team Coaching
Stakeholder Communication
Capital One
Offers diverse financial products and services
About Capital One
Capital One provides a variety of financial services aimed at making banking accessible and easy for everyone. The company offers products such as credit cards, savings accounts, car loans, and business checking accounts, catering to both individual consumers and small businesses primarily in the United States. Capital One's approach includes user-friendly banking solutions with no fees or minimums for checking accounts, allowing customers to manage their finances more effectively. They generate revenue through interest on loans, credit card fees, and investment banking services. What sets Capital One apart from its competitors is its strong commitment to financial inclusion and literacy, demonstrated through community partnerships and educational initiatives, such as collaborations with Khan Academy. The company's goal is to create a more inclusive financial system and empower customers with the knowledge and tools they need to make informed financial decisions.
McLean, VirginiaHeadquarters
2014Year Founded
$15.9MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees
Benefits
Medical, Dental, & Vision coverage
Onsite Health Centers
Prescription saving with network of local pharmacies
Stock Purchase Plan
Education Assistance
401(k)
Flexible Spending Accounts
Life and Disability insurance
Generous paid time off + corporate & floating holidays
Registered dieticians on site, cooking classes and free virtual fitness classes
Employee Assistance Program
Risks
Increased competition in subscription management tools may dilute Capital One's advantage.
Over-reliance on partnerships could expose Capital One to technological risks.
Departure of key personnel like Joe Rodriguez may affect risk management continuity.
Differentiation
Capital One offers user-friendly banking with no fees or minimums for checking accounts.
The company partners with Khan Academy to provide financial literacy education.
Capital One is the first major U.S. bank to offer subscription management tools.
Upsides
Capital One's mobile app is a model for secure, user-friendly digital banking.
Data sharing with Worldpay enhances payment security and fraud prevention.
Partnerships with fintechs like Minna Technologies improve customer experience.
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