Audit Director- Operational Risk Management

About the position

Capital One's Audit function is a dedicated group of professionals focused on delivering top-quality assurance services to the organization's Audit Committee. Audit professionals are experienced, well-trained and credentialed, and operate within a collaborative, agile environment to deliver value-added opinions and recommendations. Audit's vision to provide high value, independent, proactive insights, to innovate with technology, and to be a top-notch talent destination, creates a dynamic and challenging atmosphere for both personal growth and professional opportunity. Capital One is seeking an energetic, self-motivated Audit Director interested in becoming part of our Audit team. As a member of the Risk Audit team, the candidate will focus on all aspects of Operational Risk Management (ORM) and Enterprise Risk Management (ERM) across the bank.

Responsibilities

• Lead and/or execute operational related audits within Capital One, including the supervision of audit staff on related audit engagements.
• Proactively monitor assigned audit universe for changing risks and needed updates. Lead continuous monitoring activities and updates to risk assessments, audit universe, and audit plan.
• Direct business unit and project audits across assigned portfolio.
• Review engagement planning documentation and audit programs to ensure adequate coverage of risk and sufficient rationale for audit scope.
• Supervise and coordinate work assignments amongst audit team members. Provide timely feedback, on-the-job training and coaching to audit staff and direct reports.
• Establish and maintain good relationships with key business and audit partners. Leverage specialized knowledge and skills, providing management with insight into their area of subject-matter focus. Effectively represent internal audit at management meetings, internal forums, and to external organizations.
• Provide subject matter expertise to audit partners and ensure comprehensive audit coverage of owned risk domains.
• Assess relevance of audit findings, potential exposures, materiality, improving or deteriorating trends, and demonstrate awareness of big picture issues. Interpret business priorities, anticipate issues and obstacles, and apply to scope of role.
• Deliver appropriate, succinct and organized information, tailoring communication style to audience. Effectively review and compile relevant, material findings and recommendations into readable and concise audit reports. Communicate complex results and implications, incorporating different perspectives into deliverables.
• Manage timely and quality delivery of multiple tasks, including audits, projects, special assignments, and administrative activities. Self-prioritize and independently complete multiple tasks across the team and department. Demonstrate the ability to successfully meet deadlines.

Requirements

• Bachelor's degree or military experience
• At least 10 years of experience in auditing or at least 10 years of experience in risk management
• At least 5 years of experience in banking or financial services
• At least 3 years of experience in people management
• At least 3 years of experience managing audit engagements

Nice-to-haves

• Master's Degree in Accounting, Finance, Economics, or Business Administration
• Professional certification such as Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Chartered Financial Analyst (CFA), Certified Risk Manager (CRM), Certified Business Continuity Professional (CBCP), Certified Third-Party Risk Professional (CTPRP) or Accredited Payments Risk Professional (APRP)
• Experience with operational resiliency, third party risk management, business continuity risk management, payments risk, country risk or a combination
• 12+ years of experience in internal auditing, first or second line risk management, or a combination
• 7+ years of experience in banking or financial services
• 7+ years of experience in leadership or supervisory roles
• 1+ year of experience performing data analysis in support of internal auditing

Benefits

• Comprehensive health benefits
• Financial benefits
• Inclusive set of benefits that support total well-being
• Performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI)