Principal Associate, Risk Control Assessment Specialist - Business Cards & Payments

Principal Associate, Risk Control Assessment Specialist - Business Cards & Payments

Location: Richmond or McLean, VA – Hybrid

Level: Principal Associate

The Business Cards & Payments (BC&P) organization is committed to fueling the courageous entrepreneurial spirit that's at the heart of America's business owners and offer products and services to help them do more business. 

We’ve built an organization that is focused on listening to and learning from the millions of business customers we serve every day to make sure our products, services and experiences work as hard as they do. The name of our organization reflects our current leadership position in Small Business and Commercial Cards - as well as our aspiration to serve a wide range of needs for our customers 

Beyond the Card. We are a culture that dreams big and embraces an entrepreneurial and ownership spirit - just like our business customers. 

As Principal Associate in Capital One’s Business Cards & Payments organization, you will work with business partners to identify, manage, and mitigate risk to Capital One.  In BC&P Risk Operations we are seeking an experienced, highly motivated Control Assessments Specialist with a strong proven audit mind-set when it comes to governing control changes and execution verification.   The ideal candidate will have good organizational and communication skills. A proven background in evaluation of risks and requirements compared to existing process and control coverage, as well as the ability to identify gaps and solutions for gap closure, including early execution verification to ensure effectiveness. This role involves understanding of risks, requirements, controls, and corrective actions review and evaluation.  

Responsibilities of this role include but are not limited to:

• Perform independent controls review of the BC&P’s Control Environment to determine design and operating effectiveness of controls

• Provide challenge, expertise and advice on enhancing the design, effectiveness, and maturity of the BC&P Control Environment

• Partner with vertical risk managers to perform an analysis of risks and requirements and their association with the control

• Ability to develop, update, and execute control execution verification for new and / or changed controls

• Ability to understand and communicate complex processes and alignment to policy/regulatory requirements

• Establish and maintain good client relations during execution verification engagements

• Strong ability to create and deliver verbal and written communications between business partners 

• Draft assessment results for senior management and other stakeholders, to include regulatory agencies and audit, as required

• Stay current on emerging control standards and assessment changes specific to Capital One, as well as industry best practices

• Furthering the Well Managed agenda within Card to drive sustainability, amplify simplification & automation, enable ownership & accountability through transparency, and strengthen the control ecosystem

• Supporting process documentation creation and revision, including version control

Basic Qualifications:

• Bachelor’s Degree or military experience

• At least 3 years of experience in audit, controls testing or requirements management

Preferred Qualifications:

• 3+ years of experience in working with, communicating and evaluating risk mitigating activities

• 1+ years of experience using automated testing tools

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.

McLean, VA: $117,300 - $133,900 for Principal Risk Specialist

 

Richmond, VA: $106,700 - $121,700 for Principal Risk Specialist