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Full Job Description
Center 2 (19050), United States of America, McLean, Virginia
Senior Associate, Regulatory Reporting – Accounting
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 2052a
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. Capital One is a Category III bank, therefore a
monthly (T+2 and T+15) FR 2052a filer.
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 as applicable. -
Ensure compliance
with regulatory reporting and documentation standards, proper
execution of internal controls, and maintain ongoing audit readiness. -
Preparation and review of detailed quantitative
analysis supporting the 2052a Liquidity reporting using Tableau and
self-service source system queries. -
Perform detailed
analysis and testing to support implementation of new products,
business transactions, and changes in regulatory reporting
requirements. -
Support enterprise-wide data
transformation, automation, and process and control improvements for
the end-to-end data sourcing to reporting process. -
Work closely with accounting, treasury, and technology
partners in the identification, quantification, and resolution of data
and reporting issues. -
Build collaborative
relationships with multiple partners to understand trends, products,
and changes that may impact data sourcing, analysis, and reporting.
Basic Qualifications:
-
Bachelor’s Degree or military experience
-
At least 2 years of experience in Accounting, Finance, or
Auditing, or a combination -
At least 2 years of
experience with Google Office or Microsoft Office products, or a
combination
Preferred Qualifications:
-
Certified Public Accountant (CPA)
-
At least 2 years of external reporting experience;
including working knowledge of liquidity (FR 2052a, LCR Rule, NSFR
Rules), Y9C, Call Reports, Basel Capital reporting, or a combination -
Experience with data analysis and visualization tools
such as Tableau, Python scripting, SQL, or QuickSight, or a
combination
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.
This role is
expected to accept applications for a minimum of 5 business days.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 (including pregnancy, childbirth or related medical conditions),
race, color, age, national origin, religion, disability, genetic
information, marital status, sexual orientation, gender identity,
gender reassignment, citizenship, immigration status, protected
veteran status, or any other basis prohibited under applicable
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 [email protected] . 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 [email protected]
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).
