Principal Associate, International Risk Management

Principal Associate, International Risk Management

Principal Associate, International Risk Management

Capital One is seeking an energetic, self-motivated Principal Associate to join the International Risk team within the Operational Risk Management second line of defense.  The International Risk team is a dedicated group of risk professionals who are responsible for overseeing and effectively challenging Capital One’s foreign business activities, including our non-US products, services, offshore associates and contractors, and facilities to manage our international risk exposure.

This role will support the International Risk team as we enhance Capital One’s framework, requirements, and expectations for the management of foreign business activities to support our growing international footprint. International Risk impacts all types of risk at Capital One, including financial and non-financial risk. As a result, you’ll work directly with partners across the organization in a highly visible manner while developing enhanced program requirements to oversee new and existing international functions.  Additionally, you’ll provide advice and support on initiatives related to new offshoring or significant changes in our international operating environment.

As part of the larger Operational Risk Management (ORM) organization, you will work with talented associates to provide oversight and effective challenge to ensure that our businesses effectively manage operational risk overall.  This includes enabling our organizations to maintain a sustainable and holistic operational risk profile in order to deliver superior products while also protecting our customers. You’ll also bring your unique perspective and experiences to help us be rigorous, curious and creative.  

Risk Associates have a natural passion for managing risk with excellent project, process and analytical skills.  With these skills, they serve as change agents to effectively challenge business leaders on our highest profile risk projects. Risk Associates partner with executives and other risk leaders in an open, collaborative environment where new ideas and solutions are both welcomed and rewarded. 

Specific responsibilities of the International Principal Risk Associate include and are not limited to:

• Provides risk consulting to multiple businesses and support functions and is a thought leader on how to meaningfully enhance our second line framework to oversee Capital One’s international risk profile

• Analyzes data and influences others to proactively identify risks and trends on an ongoing basis

• Fosters a highly collaborative environment with other risk teams and various partner groups to create an integrated and seamless risk experience for the business (e.g., Compliance, Third Party Risk Management, Business Continuity, Technology Risk Management, etc.) 

• Executes challenge activities to elevate areas of suspected risk and escalates appropriate to Operational Risk Management leadership

• Consults on Problem (i.e., Issues and Events) analysis or changes in country conditions to support first line risk response and to inform senior leaders in risk management of our aggregate exposure to countries or regions

• Demonstrates independent and adaptive problem-solving and analysis skills with attention to detail

• Demonstrates strong communication, collaboration, problem solving and influencing skills across various levels of the organization

• Balances multiple priorities to help drive business value and support team objectives, while managing tasks and activities related to risk management initiatives to support the International Risk team in a well-managed capacity

• Is forward-leaning and stays current on the changing regulatory environment and geopolitical environment to understand the impacts to Capital One’s foreign business activities 

Basic Qualifications:

• High School Diploma, GED or equivalent certification

• At least 2 years of experience providing risk oversight or effective challenge activities, or at least 2 years of experience conducting audits in a financial institution environment

• At least 2 years of financial institution Risk Management experience, including developing and navigating risk management frameworks and methodologies 

• At least 4 years of experience supporting, partnering and interacting with internal business clients or serving as a consultant for external business clients