Principal Associate, Regulatory Reporting
- Employer
- Capital One
- Location
- McLean, Virginia
- Closing date
- Aug 19, 2022
View more
- Industry
- Financial Services and Banking
- Function
- Finance
- Hours
- Full Time
Job Details
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).
Responsibilities:
- 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 RecruitingAccommodation@capitalone.com . 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 Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
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).
Company
We Don’t Only Think Big Things—At Capital One, We Do Big Things.
You’re dedicated to your career. You deserve professional satisfaction and personal fulfillment. You belong at Capital One.
Here, every day brings another chance to do impactful work that matters: helping millions of customers confidently manage their money, building stronger communities and delivering truly disruptive tech. You’ll give your all alongside some of the brightest, most resilient people in the industry—and in return, you’ll enjoy the growth opportunities, support, flexibility and benefits you need for an exhilarating life both on and off the job.
Be inspired. Be yourself. That’s #LifeAtCapitalOne.
Creating a Culture of Belonging
At Capital One, we value diversity, inclusion and belonging at our core. We’re building a place of belonging—where everyone can feel seen, heard, valued and free to be their authentic selves. We want to be a place of opportunity—where associates from all backgrounds innovate for our customers and communities, and build meaningful, fulfilling careers.
We endeavor to be a welcoming and inspiring place for all. We seek and embrace diversity. And we’re committed to having a diverse and inclusive workforce, focused on increasing the representation of underrepresented groups, strengthening our culture of inclusion and belonging and harnessing our scale to invest in our communities.
We’re focused on three core principles to advance diversity, inclusion and belonging across Capital One:
Create a culture of belonging where everyone can thrive and innovate
Attract and develop talent from all backgrounds and experiences
Ensure our systems and programs promote fairness and equity
Get a career with more at Capital One. Discover it for yourself today.
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, sexual orientation, gender identity, protected veteran status, disability or other protected status.
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