Director, Quantitative Analysis - Audit Model Risk
McLean 1 (19050), United States of America, McLean, Virginia At Capital One, we re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding. Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good. Director, Quantitative Analysis - Audit Model Risk Corporate Audit Services (CAS), the Internal Audit function within Capital One, is a dedicated group of audit professionals focused on delivering top quality assurance services to the organization s Audit Committee. The CAS department is considered one of the leading internal audit functions within the financial services industry and is highly regarded within Capital One. As part of Capital One s Model Audit team, you will have a unique vantage point to review models and model risk practices across the enterprise and the opportunity to connect the dots to raise the appropriate model risk issues and provide assurance to the Audit Committee. In this position, the Director, Audit Model Risk, will: Perform internal audit work related to financial and statistical models and provide input to all audits involving financial and statistical models across all audit groups, as well as support audits addressing overall model governance and model validation. Maintain all organizational and professional ethical standards, and work independently under general supervision. Responsible for maintaining CAS s inventory of models and corresponding audits. Leverage available data and analytical tools during the planning, fieldwork, and reporting phases of audit delivery Establish and maintain good client relations during engagements. Communicate or assist in communicating the results of some audit projects to management via written reports and oral presentations. Assist with audits conducted across the enterprise, with a specific focus on CCAR, Market Risk, Liquidity Risk, Credit Risk and AML/BSA. Here's what we're looking for in an ideal teammate: 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 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 technical knowledge will only make you a better Auditor. This will require leveraging the power of data analytics and furthering your technical know-how, so you ll want to ensure that technology doesn t scare you off. You're a teacher. You have a passion for coaching and investing in the betterment of your team. Lastly, you create energy and an environment that make it easy to attract, hire, and retain top talent. As one of the 100 Best Companies to Work For, you can look forward to coming to work every day with a team of people that are committed to excellence and doing the right thing. Basic Qualifications: Master s Degree At least 7 years of experience in developing or validating statistical or econometric models At least 7 years of experience in financial services industry At least 3 years of experience in people management Preferred Qualifications: Doctorate in Statistics, Economics, Mathematics, Industrial Engineering or Operations Research Financial Risk Manager (FRM), Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Financial Analyst (CFA), or Certified Regulator Compliance Manager (CRCM) 10+ years of experience in developing or validating statistical or econometric models 8+ years of people management experience 2+ years of experience in leading audit engagements or at least 2 years of experience in project management 1+ years of experience in risk scoring 1+ years of experience in forecasting models 1+ years of experience working with Basel and CCAR regulatory requirements 1+ years of experience working with AML Compliance models 1+ years of experience with data analytics Capital One will consider sponsoring a new qualified applicant for employment authorization for this position. TBLI 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).