Principal Financial Analyst

Job Description

McLean 2 (19052), 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.

Principal Financial Analyst

Capital One is a diversified bank that offers a broad array of financial products and services to consumers, small business and commercial clients. Ranked #127 on the Fortune 500, Capital One has one of the most widely recognized brands in America. As one of the nation’s top 10 banks, we offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. We nurture a work environment where people with a variety of thoughts, ideas and backgrounds, guided by our shared Values, come together to make Capital One a great company and a great place to work. We’re proud to tell you that we’ve been named one of the “100 Best Companies to Work For” – we hope you join us today.

Description:

This associate will be part of the Mainstreet Card Finance team. The focus of the team is to manage the profitability and financial performance of the Mainstreet Card business and to influence business partners in defining new business marketing and product schemes, and overall strategic decisions. This associate will support various aspects of the Mainstreet P&L management, including Outlooks, Long-term Financial Planning, Annual Budget, Variance Analysis, Historical Vintage Valuations and other finance valuation assumptions. In addition the associate will lead the preparation of MFRs, MBR’s, QBR’s and other reporting efforts.

Responsibilities:

P&L Forecasting:

Own one of the Mainstreet line of business P&L forecasts including changes to customer management initiatives

Manage system inputs in financial system of record (MAPS) to support Annual Budget (AB), Monthly Outlooks, Goodwill Impairment Tests, and Long-Term Financial Plans

Drive Mainstreet Card Credit Line Increase Program (CLIP) forecasting including changes to marketing campaigns, valuations, and product assumptions;

Valuation Management: Gain a deep understanding of business economics and asset valuations (NPV, IRR, DCF, paybacks); provide ongoing analysis that will be incorporated into new product launches, balance sheet and capital planning, earnings call and ad-hoc projects that relate to segment profitability and assumption changes relevant to the P&L

Manage Mainstreet Card Finance relationship with Credit Risk Management team

Process Improvements:

Help lead continuous improvement initiatives leveraging LEAN principles

Ad-hoc projects: Partner with Mainstreet business to determine impact of Mainstreet strategic initiatives on Mainstreet financials

Basic Qualifications:
- Bachelor’s Degree or military experience
- At least 2 years’ experience in financial analysis

At least 2 years’ experience with financial modeling
Preferred Qualifications:
- Master’s Degree in Business Administration (MBA) or Master’s Degree in Finance
- Chartered Financial Analyst (CFA) license or Certified Public Accountant (CPA) license
- 3+ years’ experience in financial analysis

3+ years’ experience with financial modeling
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [email protected] . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One’s recruiting process, please send an email to [email protected]

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Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).