Accounting Principal Associate - Global Finance, Treasury Accounting

McLean 1 (19050), United States of America, McLean, Virginia

At Capital One, we're building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Accounting Principal Associate - Global Finance, Treasury Accounting

Accounting Principal Associate - Global Finance, Treasury Accounting

At Capital One, we're building a leading information-based technology company. Still founder-led by Chairman and Chief Executive
Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity
to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because
they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation
is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess
about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers
achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Global Finance supports all of Capital One's worldwide financial activities, including corporate-level financial reporting, internal
control, intercompany and tax activities. Within Global Finance, the Treasury Accounting team is seeking a high-energy and forward-
thinking professional to join us as a Principal Associate focused on the company's LIBOR Transition program.

So who are you? As a member of the Treasury Accounting team, you will be the main in-charge to ensure a successful transition
from U.S. dollar (USD) LIBOR to a more robust reference rate, its recommended alternative, the Secured Overnight Financing Rate
(SOFR). You have a great attention to detail and feel comfortable diving into the numbers to provide in-depth analysis to our various
business partners. Most importantly, you're a team player that comes ready to uplift others and make Capital One a great company
and a great place to work.

Major Responsibilities:
• Oversee the LIBOR Transition program for Treasury Accounting covering debt, investment, and derivatives portfolios, as
well as securitization investor reporting
• Work closely with related portfolio and risk management teams to ensure alignment of the project with the wider change
portfolio strategy
• Communicate effectively with other related workstreams to ensure information flows from and to these groups to ensure
alignment and proper consideration
• Perform unit testing for the new reference rate indexed products including debt, investment, and derivatives portfolios
• Oversee the back-book conversions to the new reference rate, including accurately assessing the accounting, testing, and
operational impact to firm's positions and internal processes
• Identify and implement related changes to regulatory disclosures and footnotes
• Ensure Standard Operating Procedures, Standards, and Documentation are updated as necessary
• Other supporting activities within the project as required

Characteristics we're looking for:
• Team player capable of interacting cross-functionally and at all levels of the organization and capable of taking ownership
• Adaptive to change, new ideas and able to prioritize with minimal direction
• Thorough knowledge of US GAAP and experience with financial reporting & analysis
• Excellent communication skills

Basic Qualifications:
• Bachelor's Degree or military experience
• At least 4 years of accounting or reporting experience

Preferred Qualifications:
• Knowledge of industry shift away from LIBOR and the effects to impacted products and services a plus
• Treasury experience within Financial Services Industry preferred
• Certified Public Accounting (CPA) or Chartered Financial Analyst (CFA) certification preferred

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.


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