Principal Financial Analyst

Capital One; Chicago (IL); Hybrid; USD 110,000 - 125,000; Full time

Benefits offered by this job

Health benefits

Hybrid work model

Performance incentives

Long-term incentives

Job summary

Capital One in Chicago is seeking a Principal Financial Analyst to support our Consumer Checking business. The role involves owning Debit Volume and Revenue analytics, building models, and presenting insights to senior leadership.

You will collaborate with partners across lines of business, prepare P&L analyses, budgets, forecasts, and ad-hoc requests, and influence decision making while managing competing priorities in a hybrid, office-based environment.

Qualifications

• Bachelor’s degree in finance or related field.
• Minimum 3 years of financial analysis experience.
• Minimum 3 years of financial modeling experience.
• Proficiency in Excel and PowerPoint.
• MBA or CFA/CPA preferred.

Responsibilities

• Perform financial data analysis to support P&L and reporting.
• Develop budgets, forecasts, and variance analyses.
• Prepare management-ready presentations for senior leadership.
• Coordinate with teams to collect input data and maintain models.
• Produce ad-hoc analyses and reports.

Skills

Financial analysis

Financial modeling

Excel

PowerPoint

Education

Bachelor's Degree

MBA or CFA/CPA preferred

Job description

Principal Financial Analyst

In this role, you will work on our Consumer Checking business, playing a critical role in supporting Retail's growth strategy. This is a high-visibility position responsible for several notable areas for Checking including Debit Volume and Revenue ownership, standing up Competitive Analytics, and other incredibly impactful deliverables. You will have the opportunity to partner with business partners on driving strategic business direction that leads to sustainable performance and you will be asked to challenge our current well-managed processes to be more proactive, effective and efficient.

Principal Financial Analysts perform financial data analysis in preparing Profit & Loss or other statements and frequently build reports for higher level associates; provide management and business clients with project statuses; perform reporting and analysis to support presentations and ad-hoc requests. The role requires strong communication, problem solving, critical thinking, and influencing skills in order to effectively:

Key Responsibilities

• Articulate outcomes of analysis and relevant insights
• Develop presentations to communicate business and analysis results to senior audiences

General Responsibilities

• Financial reporting and analysis, including budgeting, forecasting, variance analysis, financial reporting, and Profit & Loss (P&L) management
• Collaborate with system analysts to maintain and develop system to house models
• Coordinate and collect input data from Financial Analysts in different departments, check data integrity, summarize and convert data, run models, verify, analyze, and communicate output data
• Business presentations: Assist in development of presentations to communicate analysis results to senior audiences, clearly articulate outcomes of analysis to leadership teams
• Ad-hoc requests and special projects
• Independently manage and prioritize workload

Basic Qualifications

• Bachelor’s Degree or military experience
• At least 3 years’ experience in financial analysis
• At least 3 years’ experience with financial modeling
• At least 3 years’ experience in Microsoft Excel and Microsoft PowerPoint

Preferred Qualifications

• Master’s Degree in Business Administration (MBA) or Master’s Degree in Finance
• Chartered Financial Analyst (CFA) license or Certified Public Accountant (CPA) license
• 4+ years’ experience in financial analysis
• 4+ years’ experience with financial modeling
• 3+ years’ experience in strategic analysis & planning
• Proven business relationship, communication, interpersonal, and influencing skills
• Demonstrated independent problem solving and strategic thinking abilities
• Strong teamwork skills; ability to positively contribute to overall success of the team

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

This role is hybrid meaning associates will spend 3 days per week in-person at one of our offices listed on this job posting.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

• Chicago, IL: $109,900 - $125,400 for Principal Financial Analyst
• McLean, VA: $120,800 - $137,900 for Principal Financial Analyst
• Richmond, VA: $109,900 - $125,400 for Principal Financial Analyst

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

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

Capital One promotes a drug-free workplace.

Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

The role is expected to accept applications for a minimum of 5 business days.