Sr Associate, Risk Management (Testing Controls)

Sr Associate, Risk Management (Testing Controls)

Job Description

As a Sr Risk Associate in the Financial Services Business Risk Office, you will provide professional risk judgment that enables business partners to tackle major company challenges. You will test controls and make recommendations to the business to mitigate risk and strengthen our defenses.  

In this role, not only will you lean into your analytical and problem solving skills by developing and deploying innovative solutions to mitigate risks to the Company, but you will also grow your strategic and influencing skills as you create and implement risk strategies that enable the Company to win in the market. You will create order and sense out of complexity and uncertainty and enable confident, data-inspired decision making. 

In this role, you will thrive in a cross-functional and collaborative environment that values unique perspectives, rewards innovation, and challenges the status quo. As an integral member of the team, you will have a high level of exposure across the division partnering closely with senior business and risk office leaders, technology, compliance, legal, and Operational Risk Management. 

In this role, you will:

• Test regulatory and business controls across Financial Services to ensure Design and Operating effectiveness

• Develop a deep understanding of business strategies, products, services, and risk profile; 

• Identify and assess the impact of the changing regulatory environment on business objectives and risk appetite; 

• Analyze data to proactively identify risks and trends and provide insights that support internal customers in decision-making; 

• Provide guidance and advice to business partners on implementing risk policies and programs; 

• Drive collaboration between the risk, compliance, legal, and other business support functions; 

• Ensure independent escalation of risk management gaps, issues, and concerns to executive management and when appropriate, the Board of Directors, including emerging risks and regulatory focus areas;

• Identify opportunities to improve risk management practices and develop solutions to perfect risk management, eliminate waste, and deliver an exceptional customer experience

• Drive containment and remediation of process breakdowns in conjunction with compliance, legal and business process teams

Basic Qualifications:

• High School diploma, GED or equivalent certification ​

• At least 2 years of experience in project, process, program, or risk management 

Preferred Qualifications:

• Bachelor's Degree or military experience ​

• 2+ years of control testing experience 

• 2+ years of experience in presenting to senior leadership

• 4+ years of experience in project, process, program, or risk management 

 

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.

Plano, TX: $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 Capital One Careers website. Eligibility vari