Principal Auditor - Risk Management

Capital One; Deerfield (IL); On-site; USD 120,000 - 170,000; Full time

Job summary

Capital One’s Audit function is a dedicated group of professionals focused on delivering top-quality assurance services to the organization’s Audit Committee. Audit's vision is to provide high value, independent insights and to innovate with technology.

Capital One seeks an energetic Principal Auditor to focus on Second Line Risk Management and related First Line Risk Offices, providing SME advisory to other audit teams and leading audits with strong collaboration and integrity.

Qualifications

• Bachelor's degree or military experience required.
• At least 4 years of auditing, accounting, financial analysis, or compliance experience.
• At least 1 year of Enterprise Risk Management or Operational Risk Management experience.

Responsibilities

• Lead small audits or own completion of significant components of larger audits.
• Develop engagement planning documentation and audit programs for risk coverage.
• Design and execute audit procedures to verify internal controls and enterprise frameworks.

Skills

Critical thinking

Risk management

Data analytics

Communication

Leadership

Education

Bachelor's degree or military experience

Master's degree in Accounting/Finance or MBA

CIA/CPA or relevant certification

Job description

Capital One’s Audit function is a dedicated group of professionals focused on delivering top-quality assurance services to the organization’s Audit Committee. Audit professionals are experienced, well-trained and credentialed, and operate within a collaborative, agile environment to deliver value-added opinions and recommendations. Audit's vision to provide high value, independent, proactive insights, to innovate with technology, and to be a top-notch talent destination, creates a dynamic and challenging atmosphere for both personal growth and professional opportunity.

Capital One is seeking an energetic, self‑motivated Principal Auditor (Experienced Senior Auditor) interested in becoming part of our Audit team. As a member of the Audit team, the candidate will 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. The role will also provide Subject Matter Expertise and advisory to other audit teams regarding risk management.

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 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 your own work activities managing multiple priorities and tasks across the team to deliver quality results which 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.

What we’re looking for in an ideal teammate

• You are a critical thinker who seeks to understand the business and its control environment.
• You are able to navigate ambiguity, applying risk management principles to real life situations.
• You believe insight and objectivity are core elements to providing assurance on the effectiveness and efficiency of Capital One’s governance, risk management, and internal control processes.
• You possess a relentless focus on quality and timeliness.
• You adapt to change, embrace bold ideas, and are intellectually curious. You like to ask questions, test assumptions, and challenge conventional thinking.
• You develop influential relationships based upon shared risk objectives and trust to deliver outstanding business impact and elevate Audit’s value proposition.
• You’re a firm believer that a rich understanding of data, innovation, and technology will only make you a better auditor. This will require leveraging the power of data analytics and furthering your technical expertise.
• You’re a teacher. You do the right thing and lead by example. You have a passion for coaching and investing in the betterment of your team. You lead through change with candor and optimism.
• You create energy and an environment that fosters trust, collaboration, and belonging, making it easy to attract, hire, and retain top talent.

Basic Qualifications

• Bachelor’s Degree or military experience.
• At least 4 years of experience in auditing, in accounting, in financial analysis, in compliance, or a combination.
• At least 1 year of Enterprise Risk Management experience or Operational Risk Management experience.

Preferred Qualifications

• 1+ year of experience in leading audits and performing in the role of auditor‑in‑charge.
• 2+ years of experience in banking or in financial services.
• 4+ years experience in internal audit or risk management (can be combined with Big Four external Audit experience).
• 1+ years of experience in performing data analysis in support of internal auditing.
• Master’s Degree in Accounting, Master’s Degree in Finance or Master of Business Administration.
• Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or relevant certification.

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

Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non‑discrimination in compliance with applicable federal, state, and local laws.