Senior Associate, Accounting - Allowance for Credit Losses Governance and Change Management
Senior Associate, Accounting - Allowance for Credit Losses Governance and Change Management
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Job Description
Does the idea of working with professional highly trained accountants inspire you Are you an accounting professional with a demonstrated ability to work well in teams develop new ideas and take ownership of your projects Would you like the opportunity to individually contribute to the team along with the opportunity to grow into a leader Would you like to work in a collaborative environment where your contributions are recognized and rewarded all while having a work-life balance If so opportunities for professional and personal fulfillment in a dynamic progressive organization await you at Capital One!
Capital One is seeking to hire a Senior Associate in the Controllers Accounting Department supporting the Allowance Governance and Change Management team within Credit Accounting. This function is primarily responsible for facilitating critical governance and change management activities and delivering on enterprise initiatives for the Allowance for Credit Losses (ACL) which is one of the most complex and material estimates for the Company.
Detailed activities and responsibilities include:
Coordinate and facilitate governance and change management activities across multiple lines of business including Credit Risk Management Finance and Effective Challenge functions
Develop effective cross-functional relationships and understand stakeholder needs to drive an efficient and effective governance process
Provide challenge and oversight of critical assumptions used to inform the Allowance and ensure compliance with Accounting and Regulatory requirements
Contribute to the preparation of key documentation used to socialize Allowance recommendations and results to senior leadership
Prepare impactful analysis on ACL metrics for executive leadership
Support governance process enhancements as needed to appropriately address business and strategy changes including portfolio and business acquisitions and enterprise initiatives
Lead process improvement initiatives and projects to reduce risk
Execute SOX controls within the ACL process
Support ACL compliance activities for management internal audit and external audit groups
Support activities conducted throughout the enterprise on behalf of Credit Accounting
Basic Qualifications:
Bachelors degree or military experience
At least 1 year of experience in accounting external financial reporting audit or finance or a combination
At least 1 year of experience with Google Office or Microsoft Office products or a combination
Preferred Qualifications:
Certified Public Accountant (CPA) license
At least 2 years of experience in accounting external financial reporting audit or finance or a combination
Experience with Accounting Systems such as Peoplesoft SAP or Oracle Financials
Experience with reporting systems such as Onestream Tableau Google Data Studio
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.
McLean VA: $94600 - $107900 for Sr. Associate AccountingCandidates 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 candidates 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 theCapital One Careers website. Eligibility varies based on full or part-time status exempt or non-exempt status and management level.
This role is expected to accept applications for a minimum of 5 business days.No agencies please. 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 Citys Fair Chance Act; Philadelphias 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- 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 Ones 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).
Required Experience:
Senior IC
Employment Type
Full-Time
