Job: Sr. Accounting Specialist, Regulatory Reporting Job

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Jobing Description

Sr. Accounting Specialist, Regulatory Reporting-712705

Description
Level: Sr. Associate

Role Description: The Regulatory Reporting team executes and delivers external financial reporting to the regulators which Capital One is subject to, including the Federal Reserve Board, OCC and FDIC. Compliance with the regulatory reporting requirements is critical to Capital One's business, and the Regulatory Reporting team interacts with associates at various levels across the company to generate the required regulatory reports and ensure that the reporting requirements are met. The subject matter of the external reporting encompasses all aspects of the company's business including loans, deposits, funding, investments, and capital calculations, as well as domestic and foreign operations. The reporting deliverables are concentrated around quarter-end timeframes.

Business Partners: Accounting, Treasury, Bank Finance, Financial Data Management, Regulatory Compliance, Balance Sheet Planning

Responsibilities:

- Apply general knowledge of financial statements, accounting concepts, and research skills to prepare the regulatory reports.

- Prepare weekly, monthly and/or quarterly financial reporting for the various regulatory agencies, including preparation and/or review of supporting workpapers.

- Generate general ledger information and source system reports from loan, deposit, treasury and other systems are used to prepare the regulatory reports.

- Participate in regulatory initiatives, such as assessing new rules and regulations, interpreting and implementing regulatory guidance.

- Interact with associates company-wide to facilitate the reporting process.

- Participate in corporate initiatives and projects impacting regulatory reporting, such as system conversions, acquisition integration, and Basel II.

- Respond to requests from other departments and perform research to answer questions.

Key Competencies:

- Results Focused. Due to the high volume of deliverables and very detailed reporting requirements, a strong focus on results and attention to detail is required.

- Integrative thinking

- Teamwork oriented

- Proactive

Qualifications
Basic Qualifications:
- Bachelor's Degree
- Minimum 2 years of experience in accounting, auditing, and/or financial reporting

Preferred Qualifications:
- Bachelors Degree in accounting or finance
- CPA
- Prior regulatory reporting or accounting experience at financial institution

- Prior public accounting experience
- Prior external financial reporting experience

- Experience in identifying and implementing process improvements.

- General financial system knowledge, with particular emphasis on PeopleSoft general ledger, Excel and other MS Office software

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

No agencies please. Capital One is an equal opportunity employer committed to diversity in the workplace. We promote a drug-free work environment. We emphasize recruiting, hiring, and retaining the most qualified candidates and providing them with the opportunity to meet their potential. We provide an environment where differences lead to solutions.

Job: Accounting, Finance and Treasury
Primary Location: United States-Virginia-Richmond-Richmond-West Creek 5 (12075)
Schedule: Full-time
Travel: Yes, 10 % of the Time