Principal Associate, Accounting (Hybrid)

Capital One • McLean, VA

8d • Hybrid

About The Position

The Principal Associate will join Capital One’s Regulatory Capital team and support capital and risk-weighted asset calculations and disclosures in regulatory, SEC, and Pillar 3 filings. The role requires familiarity with US Basel rules and reporting requirements, analysis of results from an in-house capital calculation engine, collaboration with cross-functional partners, and management of tight reporting deadlines in a controlled environment to ensure accuracy and regulatory compliance.

This is a hybrid role. The employee is expected to follow Capital One’s hybrid policy for required on-site presence at their designated office location.

Requirements

• Bachelor’s degree or military experience.
• At least 3 years of experience in accounting, external financial reporting, audit, finance, or a combination.
• At least 3 years of experience with Google Workspace or Microsoft Office products, or a combination.
• Familiarity with US Basel rules and reporting requirements.
• Ability to analyze results produced by an in-house capital calculation engine, work with cross-functional business partners, and manage tight reporting timelines in a controlled environment.

Nice To Haves

• Certified Public Accountant (CPA) license.
• 4 or more years of experience in accounting, external financial reporting, audit, or Finance, or a combination.
• 4 or more years of experience with Tableau, Python, or SQL, or a combination.

Responsibilities

• Lead preparation and review of capital and risk-weighted asset schedules for FFIEC 031 (Call Report), FR Y-9C, FFIEC 101, FFIEC 102, FR Y-15, and other significant regulatory filings, as well as capital disclosures in Pillar 3 and SEC filings (10-K and 10-Q).
• Monitor portfolio risk-profile changes, regulatory updates, and evolving market practices that could require changes to capital treatment, maintaining compliance and capital adequacy.
• Contribute to enterprise-wide data transformation, automation, process, and control opportunities as regulatory reporting moves toward its target state.
• Enhance reconciliations and analytics to ensure the consistency, completeness, and accuracy of data submitted and reported to regulators and the public.
• Research accounting treatment and reporting requirements to support business transactions and responses to management and regulator inquiries about reporting, variances, and process controls.
• Build collaborative relationships with partners and upstream data providers to understand trends, products, and changes that may affect data sourcing, analysis, and regulatory reporting.
• Drive issue resolution with accounting, treasury, and technology partners, including escalating and reporting status and next steps to management.
• Stay current with industry and regulatory changes.
• Contribute to Community and Diversity, Inclusion, and Belonging efforts across Finance, Controller’s, and Regulatory Reporting.

Benefits

• Comprehensive, competitive, and inclusive health, financial, and other benefits supporting total well-being.
• Eligible for performance-based incentive compensation, which may include cash bonuses and/or long-term incentives.

What This Job Offers

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