Sr. Risk Associate, Commercial Bank

Sr. Risk Associate, Commercial Bank

Are you ready to work on the front line of a top 10 Bank? As a Senior Risk Associate in the Commercial Risk Office at Capital One you’ll be responsible for working with business partners to identify and mitigate potential risks to Capital One. Senior Risk Associates at Capital One are the front line of defense to ensure our company remains stable and profitable. 

 

Senior Risk Associates at Capital One are highly motivated Risk Management professionals with excellent organizational and communication skills. They have a high level of exposure across lines of business and have the opportunity to create and implement innovative solutions to identify and mitigate potential risks.
 

As a Senior Risk Associate on the Underwriting & Portfolio Management (UW&PM) and Commercial Loan Operations (CLO) Risk Advisory Team, this associate will support the Commercial UW&PM and CLO Risk Advisors in their day-to-day activities in helping to manage risk for the UW&PM and CLO lines of business within the Commercial Bank.

Responsibilities:

• Risk Consulting to one or more business areas relative to their business lines and provide advice and guidance as required

• Deliver materials requested in audits and exams with various stakeholders across the lines of defense

• Internal Client Management - develop and leverage key relationships with stakeholders that enable collaboration across the enterprise

• Corrective action - identify and track events and issues to mitigate risk to Capital One. Coordinate with applicable business areas to define/implement remediation activities

• Lead change control efforts at the process level to ensure impacts are appropriately assessed, documented and implemented

• Support Risk Advisors with ad-hoc deliverables and investigations

• Support risk assessments, associated remediations, and the build-out of controls

• Manage, implement and deliver on a subset of the program deliverables including drafting communications, writing and editing policies, procedures, business continuity plans, audit remediation responses, etc.

• Create, edit and manage multiple facets of business unit risk reporting

• Execute processes and deliverables that support internal governance processes

Basic Qualifications:

• Bachelor's Degree or Military experience

• At least 2 years of Financial Services or Risk Management experience

Preferred Qualifications:

• At least 3 years of Risk Management experience

• At least 2 years of Audit or Compliance experience

• At least 2 years of experience supporting, partnering and interacting with internal business clients

• Highly proficient in creating and maintaining information in Microsoft Office (PowerPoint, Excel, and Word) or Google Suite (Slides, Sheets, and Docs)

• Commercial Bank experience
   

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

#CommRisk

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: $94,600 - $107,900 for Sr. Risk Associate

 

Richmond, VA: $86,000 - $98,200 for Sr. Risk Associate

 

 

 

 

 

 

 

 

 

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