Audit Manager- Commercial Bank (Hybrid)

Capital One • McLean, VA

1d • $138,100 - $189,200 • Hybrid

About The Position

Capital One is seeking an Audit Manager to join its Audit team and conduct operational and compliance audits of the commercial banking portfolio. The role is responsible for maintaining compliance with organizational and professional ethical standards while delivering independent, high-quality assurance and recommendations. This is a hybrid position, typically requiring three days per week in person at a designated office, in accordance with Capital One’s hybrid policy.

The Audit Manager monitors the assigned audit universe, contributes to continuous monitoring and risk assessments, and updates the audit plan as needed. The role leads complex audits, plans and scopes engagements, designs and may execute internal control testing, and identifies ways to improve testing efficiency. It also supervises audit team members, provides coaching and feedback, communicates audit matters to relevant audiences, and manages timely delivery of multiple assignments. The position may represent Internal Audit at management meetings, internal forums, and some external organizations.

Requirements

• Bachelor’s degree or military experience.
• At least 5 years of experience auditing commercial banking, the financial services industry, or risk management.
• At least 3 years of experience leading audit engagements or working in a project management role.
• Critical thinking and ability to understand business operations and control environments.
• Focus on quality and timely delivery.
• Ability to adapt to change, ask questions, test assumptions, and challenge conventional thinking.
• Ability to develop trusted, influential relationships with business partners.
• Ability to leverage data analytics and develop technical expertise.
• Ability to coach and lead teams through change.

Nice To Haves

• Master’s degree in Accounting, Finance, or Economics, or a Master of Business Administration.
• Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or Certified Risk Compliance Manager (CRCM) credential.
• 6 or more years of experience auditing a commercial banking portfolio.
• At least 1 year of experience with data analytics tools in support of internal audit.

Responsibilities

• Proactively monitor the assigned audit universe for needed updates.
• Participate in continuous monitoring and update risk assessments, the audit universe, and the audit plan as needed.
• Direct or lead large, complex business unit and project audits.
• Develop engagement planning documentation explaining scoping decisions and develop audit programs to ensure adequate risk coverage.
• Design and sometimes execute internal control testing for audits.
• Understand the broader context and implications of risks affecting the business.
• Identify and implement efficiencies in executing test work.
• Supervise and coordinate work assignments among audit team members; provide timely feedback, on-the-job training, and coaching.
• Establish and maintain relationships with key business and audit partners.
• Communicate audit process, scope, protocol, issues, risks, and recommendations during kick-off, status update, and exit meetings, tailoring communications to the audience.
• Assess the relevance of audit findings, potential exposures, materiality, and trends, and maintain awareness of broader issues.
• Interpret business priorities, anticipate issues and obstacles, and apply them to the scope of the role.
• Manage timely, quality delivery of audits, projects, special assignments, and administrative activities.
• Prioritize and independently complete multiple tasks across the team and department, meeting deadlines.
• Apply specialized knowledge and skills to provide management with insight into the relevant subject area.
• Represent Internal Audit at management meetings, internal forums, and some external organizations as needed.

Benefits

• Comprehensive health, financial, and other benefits supporting overall well-being; eligibility varies by employment status and management level.
• Performance-based incentive compensation, which may include cash bonuses and/or long-term incentives.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager