Principal Financial Analyst

Principal Financial Analyst
In this role, you will serve as the work lead for Retail Marketing & Product Strategy (MAPS) and Retail Bank Product (RBP) OPEX, playing a critical role in supporting Retail's growth strategy. This is a high-visibility position responsible for the overall financial management, analysis, and reporting of MAPS and RBP expenses. You will ensure strong partnership with business stakeholders, drive adherence to financial goals, and provide direct leadership within the finance team for this critical area. The ideal candidate will possess strong analytical skills, sound judgment, and a proactive ownership mindset.
Key Responsibilities: Financial Management & Analysis

• Analyze and report on MAPS & RBP expenses, including monthly actuals performance versus forecast.
• Manage budget risks and opportunities, providing insights and recommendations to business partners and Retail Finance.
• Lead and manage the monthly outlook process, including loading updates into XSTREAM.
• Execute in-depth, project-based work: Analyze costs and their underlying drivers (e.g., tech/product gearing, BillPay, Cashload, letter automation initiatives).
• Understand and track the financial impact of Retail volume changes (e.g., new checking accounts, transactions) on money movement-related expenses (e.g., Zelle, BillPay).
• Develop an intuition for generating true 50/50 expense forecasts based on analysis of hiring/attrition trends, vendor performance, and overall business growth.

Leadership & Team Direction

• Serve as the primary finance partner for MAPS & RBP business teams, acting as the subject matter expert and finance lead for this portfolio.
• Work closely with other analysts in the team, taking the lead in managing the work within the MAPS/RBP space and providing coaching and guidance to ensure consistent quality and strategic alignment.
• Prepare and lead the monthly financial reviews (MFR's) with business partners (LT and team).
• Tailor written and verbal communication depending on the audience, simplifying financial terms for the business and providing high-level narratives for the finance team ( VP+ level communication required ).
• Constant communication with MAPS/RBP business partners to understand headcount needs, volume growth, and business strategy.
• Attend business meetings to integrate strategy and tactical knowledge into financial planning and budget decisions.
• Collaborate closely with Tech Finance to understand product gearing needs.
• Act as a team player, leveraging internal team members to understand total business expense impacts.

Required Skills & Competencies

• Analytical & Results Focus: Ability to analyze complex data, prioritize asks, and deliver error-free outputs/data.
• Communication: Strong verbal and written communication skills; ability to tailor the message to various audiences.
• Partnership & Teamwork: Proven ability to collaborate effectively with cross-functional teams (Finance, Business, Tech) and build solid relationships.
• Judgment & Ownership: High degree of independence, ownership of tasks (e.g., outlooks), and the ability to incorporate business knowledge to provide an independent Point of View (POV) on budget decisions and work direction.
• Job Specific Skills: Aptitude for learning Retail Marketing and Product goals, and proficiency/willingness to learn platforms like Snowflake, XSTREAM, Finsight, Coupa, Beeline, and Tableau.

Why Join Us?
This role offers an excellent foundation for career progression by providing you with the opportunity to step into a work leadership capacity and gain experience that is highly transferable to other FP&A roles. While focusing on OPEX, you will gain exposure to the whole P&L dynamics through team meetings and develop a deep understanding of Retail's growth strategy and key products.
Basic Qualifications:

• Bachelor's Degree or military experience
• At least 4 years of experience in financial analysis

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
• 5+ years experience in financial analysis
• 4+ years experience with financial modeling
• Proficiency in Google Suite.

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
McLean, VA: $120,800 - $137,900 for Principal Financial Analyst
Richmond, VA: $109,900 - $125,400 for Principal Financial Analyst
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
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.
This role is expected to accept applications for a minimum of 5 business days.
No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. 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.
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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).