Principal Risk Associate | Retail Bank

Overview

Principal Risk Associate | Retail Bank

Capital One, a Fortune 500 company and one of the nation’s top 10 banks, offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Our goal is to create one of the nation’s great banks, and we have the necessary ingredients: a strong balance sheet, resilient businesses, a massive customer franchise, strong analytical capabilities, and great people. 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.

Do you like working in the spotlight? Can you build relationships as well as develop and implement innovative solutions?

As a member of theRetail Risk Advisory Team within the Retail Bank Risk Office, you’ll be challenged to shape the risk mitigation strategy and work with various stakeholders. Your work will involve identifying unmitigated risks and assisting with opportunities to strengthen the control environment to reduce risks for the business while building lasting partnerships.  This role will focus on risks and controls impacting one or more of our retail bank processing functions and help enable a well-managed risk environment.

Risk Advisors at Capital One are highly motivated risk management professionals with an ability to think critically and problem solve. They have a high level of exposure across the Retail line of business and have the opportunity to work with senior management to create and implement innovative solutions to mitigate potential risks to the Company. Risk Advisors are expected to have excellent organizational and communication skills. 

Responsibilities:

• Participate in risk assessments to proactively identify potential risks to the business and work with key stakeholders to develop and drive solutions that remediate risks

• Risk Consulting - Provide advice and guidance on risks and controls

• Client Management - Develop and leverage relationships with Operations and Channels and with related functional stakeholders to enable collaboration across the enterprise

• Problem Management - Identify and track issues and events to mitigate risk within Channels and Operations. Coordinate with applicable business areas to define and implement timely remediation activities

• Process and Change Management - Support change control efforts at the process level to ensure impacts are appropriately assessed, documented and implemented

• Audit and Exam Management - Provide support to Operations and Channels during audits and regulatory exams; support in the delivery of key risk mitigation and remediation activities 

• Leverage strong written and verbal communication skills to present risk topics to business and functional stakeholders

Basic Qualifications:

• At least 2 years of experience supporting Risk Management activities

• At least 1 year of Project and/or Process Management experience

• Proficient in Google (Gmail, Slides, Sheets, Docs)

Preferred Qualifications:

• Bachelor's Degree

• Lean, Agile, Six Sigma, Business Process Management or Project Management Certification

• 3+ years of Project and/or Process Management experience leading cross functional projects or programs in Risk

• 3+ years of Financial Services risk management experience

• 3+ year experience supporting, partnering, and interacting with internal business clients

• 3+ year experience with formal Issue and Event Management processes

• 3+ year experience with identifying and documenting risks and operational controls within the Financial Services Industry

• 3+ year experience using Governance, Risk, and Compliance (eGRC) software tools

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: $117,300 - $133,900 for Principal Risk Specialist

Richmond, VA: $106,700 - $121,700 for Principal Risk Specialist

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 theCapital 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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable 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 RecruitingAccommodation@capitalone.com. 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 Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

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).