Principal Associate, Regulatory Reporting

Capital One
McLean, Virginia
Jun 21, 2022
Jul 20, 2022
Full Time
Center 2 (19050), United States of America, McLean, Virginia

Principal Associate, Regulatory Reporting

Principal Associate, Regulatory Reporting:

As a key component of resiliency, Liquidity in a post-COVID environment has been a key focus area for financial markets and Regulatory Agencies. As a Principal Associate supporting FR 2052 Liquidity Monitoring and Reporting, you will gain a deep understanding of Capital One's products, funding sources, and corresponding risk and liquidity profiles and how these inform regulatory agencies' policy and market responses. Additionally; as liquidity reporting requires data from across the enterprise, this role is exposed to multiple systems and processes leveraged to source and transform financial data to meet one of the fastest "record to report" (T+2) financial filings at Capital One.

Furthermore, this role supports On Demand Finance Transformation imperatives affecting regulatory filings including the interpretation and implementation of complex liquidity reporting requirements (mandated 2052a reporting changes and implementation of the Net Stable Funding Ratio "NSFR") through data sourcing, transformation logic, and technologies to report to U.S. Regulatory Agencies including the Federal Reserve Board (FRB).

  • Support timely data sourcing, processing, and analytics within monthly FR 2052a Liquidity Reporting production and dry run executions.
  • Engage with upstream data providers, outsourcing partners, and other teams across finance and the lines of business to ensure process integrity; with an emphasis on controls over timeliness, completeness, and accuracy of data and alignment to other significant regulatory reports and metrics as applicable (Ex. Liquidity Coverage Ratio "LCR" and NSFR).
  • Research regulatory requirements and perform detailed data analysis and testing to support implementation of new products, business transactions, and changes in regulatory reporting including FRB-mandated reporting changes and integration of the NSFR into 2052a reporting.

Basic Qualifications:
  • Bachelor's Degree or military experience
  • At least 3 years of experience in Accounting, Finance, or Auditing, or a combination
  • At least 3 years of experience with Google Office or Microsoft Office products, or a combination

Preferred Qualifications:
  • Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) License
  • At least 5 years of experience in accounting, external financial reporting, audit or finance, or a combination
  • At least 2 years of external reporting experience; including liquidity (FR 2052a, LCR Rule, NSFR), Basel capital, derivatives or investment securities reporting, or a combination
  • At least 2 years of experience in Tableau, Python, SQL, Power BI, or QuickSight, or a combination

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

No agencies please.

No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. 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.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to

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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).

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