Principal Auditor (Experienced Senior Auditor), Consumer Lending Audit (Hybrid) at Capital One

Richmond, Virginia, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, BankingIndustries

Requirements

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 risk management; at least 3 years of experience in compliance, or a combination
Critical thinker who seeks to understand the business and its control environment
Relentless focus on quality and timeliness
Ability to adapt to change, embrace bold ideas, and be intellectually curious (ask questions, test assumptions, challenge conventional thinking)
Ability to develop influential relationships based upon shared risk objectives and trust
Rich understanding of data, innovation, and technology, with ability to leverage data analytics and technical expertise
Passion for coaching, teaching, leading by example, and investing in team betterment
Ability to lead through change with candor and optimism, fostering trust, collaboration, and belonging
Preferred Qualifications
At least 2 years of experience in leading audits

Responsibilities

Lead small audits over the Card and Auto Finance business, 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
Leverage available data and analytical tools during the planning and fieldwork phases of audit delivery to provide stakeholders with assurance, advice, and insight
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

Key technologies and capabilities for this role

Internal AuditRisk ManagementCompliance AuditingAudit PlanningAudit ProceduresData AnalyticsProcess DocumentationInternal Controls

Questions & Answers

Common questions about this position

What is the salary for the Principal Auditor position?

This information is not specified in the job description.

Is this a remote or hybrid role, and where is it located?

The role is hybrid, but specific location details are not provided in the job description.

What skills are required for the Principal Auditor role?

Key skills include critical thinking to understand business and controls, relentless focus on quality and timeliness, adaptability to change, intellectual curiosity, and ability to develop influential relationships.

What is the company culture like for auditors at Capital One?

The audit function operates in a collaborative, agile environment focused on delivering value-added opinions, innovation with technology, personal growth, and professional opportunities.

What makes a strong candidate for this Principal Auditor position?

Ideal candidates are energetic, self-motivated critical thinkers with a focus on quality, who adapt to change, embrace bold ideas, and build influential relationships while leading audits and coaching staff.

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

Principal Auditor (Experienced Senior Auditor), Consumer Lending Audit (Hybrid) at Capital One

Requirements

Responsibilities

Skills

Questions & Answers

Capital One

About Capital One

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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