Principal Associate, Risk Management | Retail Bank

Center 2 (19050), United States of America, McLean, Virginia

Principal Associate, Risk Management | Retail Bank

Job Description

Do you like working in the spotlight? Are you ready to work on the front line of a top 10 Bank? Can you build relationships as well as develop and implement innovative solutions? As a Risk Specialist at Capital One you’ll be responsible for working with business partners to identify and mitigate potential risks to Capital One. Risk Specialists at Capital One are the front line of defense to ensure our Company remains stable and profitable.

 

Risk Specialists 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 to the Company.

Responsibilities:

The team supporting the well-managed mission is a passionate and dynamic team of risk professionals focused on enhancing the risk profile of our Retail Bank business through execution of mission-critical risk, process, and control programs.  We are seeking an inquisitive and organized team player to join us as a Risk Specialist.   This associate will have the unique opportunities to become a subject matter expert in the processes and controls across all business areas within our Retail Bank. 

As a  Risk Manager Associate, you will:

• Review, analyze and develop business processes to assess the current risk and control environment
• Drive effective collaboration with business stakeholders and Risk Office partners to ensure timely documentation of controls mitigating the risks while meeting the 2nd line compliance requirements for the well managed agenda
• Review, analyze, develop, and/or execute processes for various functions across the risk office and business areas.
• Manage quality assurance and quality control review assessments on processes, procedures and control results.
• Validate the effectiveness of remediation efforts for issues generated from Audits, Exams, and various other processes
• Advise our business partners on how to design and document effective controls in our control environment related to business risks in addition to regulatory and internal policy requirements
• Identify and manage remediation of identified gaps in our control environment due to regulatory and internal policy updates
• Collaborate with business Process Owners and Risk Advisors to assess controls and recommend control improvement as needed
• Explore and collaborate with business and risk office partners in root cause analysis for ineffective results
• Provide requirements to tech and DA teams to implement control builds
• Complete the reporting necessary to inform the Leadership and Risk Advisors on the status of control suite effectiveness and issue remediation
• Successful track record of thriving in a fast paced and dynamic environment;
• Possess solid verbal and written communication skills to communicate effectively with a range of stakeholder groups
• Apply sound inquiry and analysis to make recommendations and decisions
• Be intellectually curious to question the obvious, explore options, and develop alternatives

Basic Qualifications:

• At least 3 years of Financial Services, Audit, Project Management or Risk Management experience
• At least 3 years of experience supporting, partnering and interacting with internal business clients 

Preferred Qualifications:

• Bachelor’s Degree
• 2+ year of people management experience
• 5+ years of Financial Services, Process Management Project Management,, Audit, or Risk Management Experience
• 1+ years of Experience with the Agile methodology
• 3+ years of experience with Google Suite

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

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 varies based on full or part-time status, exempt or non-exempt status