Principal Associate, Accounting

at Capital One Services II, LLC in Wilmington, Delaware, United States

Job Description

Job ID: R114358


Center 2 (19050), United States of America, McLean, Virginia


Principal Associate, Accounting


Capital One is a diversified bank that offers a broad array of financial products and services to consumers, small business and commercial clients. Ranked #127 on the Fortune 500, Capital One is one of the nation's top 10 banks and has one of the most widely recognized brands in America. We nurture a work environment where people with a variety of thoughts, ideas and backgrounds, guided by our shared Values, come together to make Capital One a great company and a great place to work. The Controller's team within Capital One is looking for the right individual who shares these values and seeks continual growth and challenge in their career.


We are seeking a highly motivated professional to join the Controller's team as a Principal Associate. This role will involve assuring the accurate and timely submission of monthly and quarterly information to regulators for the bank stress testing process. This dedicated professional will take ownership for managing multiple priorities and meeting deadlines in a fast-paced time sensitive environment. This person will have excellent communication skills, very strong analytical skills, attention to detail, and the ability to adapt to change quickly.




Coordinating with lines of business submitting information for the stress testing process to ensure accurate data and timely implementation of new requirements.


Assisting with compliance to the Regulatory Standard for the stress testing process


Establishing and maintaining reconciliation processes to ensure completeness of data submitted.


Interacting with Federal Regulators to ensure timely responses to stress testing inquiries.


Working closely with business, accounting and information technology colleagues across lines of business as issues emerge and reporting status to management and other stakeholders in a timely manner.


Developing recommendations to strengthen internal controls and drive operational efficiency through automated tools, where appropriate.


Staying current with evolving industry and regulatory changes.


Basic Qualifications:


Bachelor's Degree or military experience


At least 3 years of experience in Finance, or in Accounting or in Auditing or a combination


Preferred Qualifications:


Certified Public Accountant (CPA)


At least 1 year of experience in the Financial Services industry


At least 1 year of experience with Data Analytics or in Data Visualization or a combination


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


Capital One is an equal opportunity employer committed to diversity in the workplace. Capital One promotes a drug-free workplace. 


All qualified applicants will receive consideration for employment without regard to gender, race, color, religion, national origin, sexual orientation, protected veteran status, or disability status.


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; Newark, New Jersey Ordinance 12-1630; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries. 




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Job Posting: 821967

Posted On: Jul 12, 2021

Updated On: Aug 11, 2021