Principal Associate - Community Finance, Operations

Capital One • McLean, VA

20h • $119,400 - $149,800

About The Position

Principal Associate - Community Finance, Operations Global External Affairs works with many external and internal stakeholders to envision and create a world of greater socioeconomic opportunity through advocating for an inclusive society, building thriving communities, and creating financial tools that enrich lives. Our teams include Communications, Community Impact and Investment, Community Finance (CF), CRA Strategy and Program Management, the Government and Political Affairs Group, Regulatory Relations, and Strategy and Engagement. Through our teams, we have unparalleled access to a diverse group of motivated changemakers similarly focused on the ingredients for a more perfect future. About Community Finance and the Operations Team: Our Community Finance team is one of the top providers of affordable housing financing in banking. Since its inception, CF has provided over $17 billion in debt and equity financing for affordable housing, yielding more than 160,000 affordable housing units. We focus on innovation and opportunity; on long-term well-being for our associates, customers, and communities. We dream in disruption—at scale—especially for those who have been underserved. Community Finance is on a multi-stage journey to reimagine the way it operates through a more strategic approach to its core work and advocacy efforts, next-generation analytical and reporting capabilities, and innovation that leverages Capital One’s scale and influence. This combination of being a well-managed, data-driven organization with core strengths in financing affordable housing is what will help distinguish Community Finance from its peers and deepen our impact. The Operations team within Community Finance centralizes key activities, reducing fragmented "side-of-desk" work for associates, and enabling CF to scale via increased efficiency, streamlined processes, better governance, and increased data insight for decision-making. The team’s scope includes Business Operations & Analytics (e.g., syndicator operations, disposition activities, and reporting), as well as Process & Risk Governance (e.g., change initiatives, risk and compliance, and policy governance). The Principal Associate, Business Operations & Analytics will provide essential financial analysis and collaborate with cross-functional teams to meet various review and reporting requirements. This role is critical to the centralized monitoring and reporting of current and projected business performance. The successful candidate will be a collaborative partner capable of performing complex functions with limited supervision and under tight time constraints. In this role, core responsibilities will include but not be limited to:

Requirements

• Excellent financial modeling and organizational skills.
• Ability to work collaboratively with, and influence, internal and external partners.
• Strong written and verbal communication skills.
• Ability to translate business analysis into customer or constituent-facing solutions.
• Demonstrated ability to work in a fast-paced environment while maintaining high analytical rigor and attention to detail
• Bachelor’s Degree or military experience
• At least 1 year of experience in financial modeling
• At least 1 year of experience in quantitative analysis

Nice To Haves

• Strong written and verbal communication skills
• Demonstrated ability to work in a fast-paced environment while maintaining a high level of analytical rigor and attention to detail

Responsibilities

• Financial Performance Monitoring and Analysis Oversee quarterly investment benefit schedule update process, including life cycle management in coordination with internal and external stakeholders.
• Execute pricing for new and existing deals, and prepare comprehensive profitability analyses.
• Assist with annual or ad-hoc model and template updates, including pressure testing and quality assurance (QA).
• Analytic Support Across Community Finance Conduct comprehensive financial analyses to assess the impact of various business drivers (such as adjusters, or portfolio purchases and dispositions) on portfolio performance, P&L, and risk.
• Manage the consolidation and distribution of deal closing information for record-keeping.
• Support various process improvement projects to increase performance efficiency and centralize business analytics & reporting.
• Collaboration with Finance & Accounting Serve as the primary liaison to Finance and Accounting, addressing financial inquiries and audit support.
• Collaborate with Finance to analyze key financial metrics and provide regular updates on business projections and forecasts.
• Business Operations Management Support syndicator relationship management and upper-tier fund management, including capital calls and benefit schedule coordination.
• Contribute to due diligence efforts to identify and evaluate recommendations for disposition and secondary market opportunities.

Benefits

• 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.

What This Job Offers

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