Principal Risk Specialist

Principal Risk Specialist

The Risk, Data, and Analysis team within Commercial Underwriting and Portfolio Management is looking for a Principal Risk Associate who will be responsible for engaging partners across the bank to identify and execute process and technology improvements across Commercial Bank.  This role will engage in eliminating arbitrary uniqueness, creating consistency in processes, and identifying areas where tech solutions can be applied for greater leverage.

The ideal candidate has an understanding of credit risk management and process excellence culture while being intellectually curious and self-motivated. They will possess strong attention to detail, problem-solving skills as well the ability to embrace and quickly adapt to change in a dynamic, fast-paced team environment.  Additionally, strong interpersonal and relationship skills will be required to identify and influence the key stakeholders and subject matter experts so that we know we’re getting to the right answer that works to solve the business problem at hand.

We are a data-driven team focused on creating a premier commercial credit data ecosystem that enables risk management for the Commercial Bank. To accomplish our goals, we leverage some of the most modern tech platforms (Amazon AWS, GitHub), tool sets (QuickSight), scripting (SQL) & programming languages (Python), and blend them with great process management fundamentals (SWOT, RACI, Process Maps). Be ready to work on many of the most challenging problems within Commercial Bank while unlocking new capabilities that enable our end goal of optimizing for risk management. Our team members independently lead data-driven projects from start to finish navigating white space problems from proposal to building the final solution into our commercial production environment, leveraging data as a tool to manage credit risk.

Responsibilities include but not limited to:

• Leading and owning the execution and delivery of complex credit data related projects

• Presenting your projects and/or recommendations to some of the most senior leadership members of the Commercial Bank

• Communicating project and risk remediation needs to key stakeholders across all levels to manage, inform, and influence outcomes

• Partnering on risk management process improvement work, risk assessment, and remediation initiatives

• Managing monthly and quarterly management reporting of in progress regulatory and compliance initiatives

• Conduct analysis and data reconciliation on executive risk management reporting 

Basic Qualifications:

• Bachelor’s Degree or Military Experience

• At least 3 years of leveraging process or analytical tools to mitigate or eliminate process risks (FMEA, Gap Analysis, Root Cause Analysis)

• At least 1 year of project management, process management, or business consulting experience

 

Preferred Qualifications:

• Bachelor’s Degree in Engineering, Economics, or 5 years of Credit Risk Management experience

• 1+ years of coding experience in Python, SQL or R

• 1+ year of story-telling experience leveraging Power Point

• 2+ years of project management, process management, or business consulting experience

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

#UWPM

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.

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 pla