Audit Manager, Third Party Management and Staff Operations Audit
Capital One | New York, NY, US, 10261Salary Range:$105,000 – $134,000 Salary range estimated by Zippia
Posted a day ago
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Description
Center 1 (19052), United States of America, McLean, Virginia
Audit Manager, Third Party Management and Staff Operations Audit
The Internal Audit function within Capital One is a dedicated group of audit professionals focused on delivering top quality assurance services to the organization's Audit Committee. The Audit department is considered one of the leading internal audit functions within the financial services industry and is highly regarded within Capital One. Audit professionals are experienced, well-trained and credentialed, and operate within a highly collaborative team environment to deliver value added opinions and recommendations.
The Audit Manager will primarily lead and execute third party management audit engagements, but may also perform operational, financial and compliance audit projects across the bank's various lines of business functions (retail, commercial, credit card, human resources, legal and financial services/auto finance). The Audit Manager will be responsible for maintaining all organizational and professional ethical standards.
Responsibilities:
- Lead audits or projects, with a primary focus on third party management engagements.
- Develop engagement planning documentation for assigned areas to communicate rationale for scoping decisions and develop audit programs to ensure adequate coverage of risks.
- Design and execute appropriate audit procedures to verify the effectiveness of internal controls. Document business processes and procedures, review and analyze evidence, and identify potential issues.
- Prepare clear, organized and complete documentation to support work performed, including draft findings.
- Establish and maintain good client and team relations during engagements. Effectively communicate audit process, scope, protocol, issues, risks and recommendations during kick-off, periodic status updates and exit meetings.
- Self-prioritize and effectively plan your own work activities managing multiple priorities and tasks across the team to deliver quality results. Proactively take on additional work to support the team when possible.
- Provide coaching, on-the-job training and feedback to audit staff, including junior associates and recent hires.
- Participate in continuous monitoring activities and update risk assessments, audit universe, and audit plan, as needed.
- Help to implement and execute the team's strategic imperatives and priorities.
Here's what we're looking for in an ideal teammate:
- You are a critical thinker who seeks to understand the business and its control environment.
- You believe insight and objectivity are core elements to providing assurance on the effectiveness and efficiency of Capital One's governance, risk management and internal control processes.
- You possess a relentless focus on quality and timeliness.
- You adapt to change, embrace bold ideas and are intellectually curious. You like to ask questions, test assumptions and challenge conventional thinking.
- You develop influential relationships based upon shared risk objectives and trust to deliver outstanding business impact and elevate Audit's value proposition.
- You're a firm believer that a rich understanding of data, innovation and technology will only make you a better auditor. This will require leveraging the power of data analytics and furthering your technical expertise.
- You're a teacher. You do the right thing and lead by example. You have a passion for coaching and investing in the betterment of your team. You lead through change with candor and optimism.
- You create energy and an environment that fosters trust, collaboration, and belonging, making it easy to attract, hire, and retain top talent.
As one of the "100 Best Companies to Work For," you can look forward to coming to work every day with a team of people that are committed to excellence and doing the right thing.
Basic Qualifications:
- Bachelor's Degree or military experience
- At least 5 years of audit experience in the financial industry, third party management, compliance, accounting, financial analysis, or a combination.
- At least 2 years of experience in leading audit engagements or in project management.
Preferred Qualifications:
- Master's Degree in Accounting, Master's Degree in Finance, Master's Degree in Economics, or Master of Business Administration
- Certified Internal Auditor (CIA), or Certified Public Accountant (CPA), or Certified Risk Compliance Manager (CRCM), or Certified Third Party Risk Professional (CTPRP), or Certified Third Party Risk Assessor (CTPRA)
- 6+ years of experience in banking or the financial services industry
- 5+ years of experience in third party risk management across the three lines of defense, with an understanding the vendor lifecycle (onboarding, monitoring, termination, etc.) and applicable regulatory guidance
- 2+ years of experience with data analytics tools in support of internal audit
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
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.
New York City (Hybrid On-Site): $147,800 - $168,700 for Audit Manager
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 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 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 One's recruiting process, please send an email to
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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).
