Principal Associate, Regulatory Reporting

Capital One
McLean, Virginia, United States
Jan 15, 2023
Feb 14, 2023
Full Time
Center 1 (19052), United States of America, McLean, Virginia

Principal Associate, Regulatory Reporting

Capital One has an exciting opportunity within the Regulatory Reporting team. We are looking for someone with strong analytical, collaboration, and communication competencies with the ability to multitask and prioritize diverse and time-sensitive tasks. This role will lead the preparation, analysis, and reporting by ensuring accurate and timely data sourcing and analysis of financial information submitted to U.S. regulators.

The Principal Associate role will gain a deep understanding of Capital One's lines of business, transactions, and products relative to regulatory reporting requirements. As regulatory reporting requires data from across the enterprise, this role is exposed to multiple systems and processes leveraged to source and consume data for reporting across multiple filings. Furthermore, this role will be surrounded by intellectually curious professionals every day, with the shared goal of creating a seamless, well managed, and controlled regulatory reporting process.

Responsibilities of the role :

  • Serve as the main point of contact and own various of projects in pipeline from the planning phase through delivery and stabilization (including but not limited to d riving issue resolution, engaging on process improvements, and delivering automation wins through partnerships with data providers, technology, and downstream consumers)
  • Lead the preparation and review of Balance Sheet schedules (Including but not limited to: Investments, Derivatives, and Deposits) produced for the Call Report (FFIEC 031), FR Y-9C, FR Y-9LP, FR Y-15, and other significant regulatory filings.
  • Collaborate with several teams across the organization on various corporate and team initiatives including but not limited to supporting detailed analysis and testing by the Regulatory Change Management team
  • Staying current with evolving industry and regulatory changes including cross pollination of knowledge and schedules across the entirety of the team
  • Present results, findings, risks and recommendations to leadership and stakeholders
  • Ensure that processes, controls, and change initiatives are well managed, governed, and demonstrable to regulatory agencies and internal lines of defense

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, such as derivatives, investment securities reporting, deposits, or a combination of above experience
  • At least 2 years of experience in Axiom

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

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.

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

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).

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