Internal Auditor
The Voleon GroupSalary not specified
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
- Critical thinker who seeks to understand the business and its control environment
- Able to navigate ambiguity, applying risk management principles to real life situations
- Believes insight and objectivity are core elements to providing assurance on the effectiveness and efficiency of governance, risk management, and internal control processes
- Relentless focus on quality and timeliness
- Adapts to change, embraces bold ideas, and is intellectually curious (asks questions, tests assumptions, challenges conventional thinking)
- Develops influential relationships based upon shared risk objectives and trust
- Rich understanding of data, innovation, and technology; leverages data analytics and furthers technical expertise
- Passion for coaching, teaching, leading by example, and investing in team betterment
- Leads through change with candor and optimism
- Creates energy and an environment that fosters trust, collaboration, and belonging
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
- Develop audit programs to ensure adequate coverage of risks
- Design and execute appropriate audit procedures to verify the effectiveness of internal controls and/or the appropriateness of enterprise frameworks and requirements
- Document audit processes and procedures, review and analyze evidence, and identify potential issues
- Prepare clear, organized, and complete documentation to support work performed and conclusions reached
- Independently gather facts to support issues and concerns, escalate to necessary groups, and help draft audit 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 (may include issue validations, regulatory exam support, and/or other team initiatives)
- Proactively take on additional work to support the team when possible
- Provide coaching, on-the-job training, and feedback to audit staff, including junior associates and recent hires
- Focus on audits of Second Line Risk Management (Enterprise Risk Management, Operational Risk Management, Third Party Risk Management, Business Continuity, Payment Risk, Network Conflict Risk) and the First Line Risk Offices
- Provide Subject Matter Expertise and advisory to other audit teams regarding risk management
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the work arrangement or location for this Principal Auditor role?
This information is not specified in the job description.
What salary or compensation is offered for this position?
This information is not specified in the job description.
What key skills are required for the Principal Auditor - Risk Management role?
The role requires critical thinking to understand the business and control environment, ability to navigate ambiguity using risk management principles, and a relentless focus on insight and objectivity for assurance on governance, risk management, and internal controls.
What is the company culture like in Capital One's Audit team?
The Audit team operates in a collaborative, agile environment with experienced, well-trained professionals, emphasizing innovation with technology, personal growth, professional opportunity, and delivering high-value, independent insights.
What makes a strong candidate for this Principal Auditor position?
Ideal candidates are energetic, self-motivated critical thinkers who can navigate ambiguity, apply risk management principles, maintain objectivity, lead audits, coach junior staff, and manage multiple priorities effectively.
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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