Senior Associate, Accounting - Credit Losses Governance and Change Management

Position: Senior Associate, Accounting - Allowance for Credit Losses Governance and Change Management
Senior Associate, Accounting - Allowance for Credit Losses Governance and Change Management 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: $94,600 - $107,900 for Sr. Associate, Accounting Richmond, VA: $86,000 - $98,200 for Sr. Associate, Accounting Wilmington, DE: $86,000 - $98,200 for Sr. Associate, Accounting Candidates 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 candidate’s 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 the . 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…