Risk Manager, PPX Risk Advisor (Travel/Lounges) | Retail Bank

West Creek 5 (12075), United States of America, Richmond, Virginia

Risk Manager, PPX Risk Advisor (Travel/Lounges) | Retail Bank

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 Manager at Capital One you’ll be responsible for working with business partners to identify and mitigate potential risks to Capital One. Risk Managers at Capital One are the front line of defense to ensure our Company remains stable and profitable.

Risk Managers 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 work with Executives to create and implement innovative solutions to identify and mitigate potential risks to the Company.

As a member of the PPX/Shopping Risk Management team you will apply your analytical, risk management, and project management skills to support the Capital One PPX Travel & Lounge teams. If you want to be part of a thriving business that values unique perspectives, challenges the status quo, and pioneers risk management we need you!

As a Risk Advisor at Capital One you’ll be responsible for working with business partners to identify and mitigate potential risks across Capital One Travel and Lounges. Risk Advisors 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 influence and implement innovative solutions while identifying and mitigating potential risks to the Company.

Responsibilities:

As a Manager level risk advisor you will:

• Have an opportunity to support a fast growing business through product development lifecycle from ideation to execution.

• Advise and consult with risk and business teams to help develop well-designed products, processes, and supporting technologies and implement risk management practices; support our business partners to drive the risk/return trade-off decisions

• Partner closely with the business teams to lead and deliver on our well-managed agenda

• Establish and maintain positive working relationships with product owners, process managers, compliance advisors, legal counsel, auditors, and other risk associates (i.e. PPX Technology Risk team) 

• Manage multiple tasks and meet deadlines, independently and with team collaboration

• Support risk event remediation and complaints impacting customers stemming from process breakdowns or other problems, helping develop permanent corrective actions

• Work across the division to execute the first line risk assessments, consulting on effective challenge, and assist with establishing risk mitigation plans 

• Participate in or lead risk forums and contribute to continuous improvement of risk management practices

• Stay abreast of the changing regulatory environment and understand the impacts to the business areas that you support

• Review, analyze, assess risk, & document effective controls to cover gaps enhancing the control suite effectiveness (CSE)

• Other risk efforts, including but not limited to: Audit/Exam support, Control testing, RMAP coverage, Hosting Office Hours with Legal and Compliance, and supporting business on everyday Risk management areas

• Lead ad-hoc projects to improve processes or control environment to mitigate risks (e.g. execution errors)

Here’s what we’re looking for in an ideal teammate:

• You are a critical thinker who seeks to understand the business, its processes, risks and control environment

• You create energy and an environment that fosters trust, collaboration, and belonging.

• You possess a relentless focus on quality and timeliness

• You adapt to change, embrace bold ideas, and are intellectually curious. You like to ask questions, test assumptions, and challenge conventional thinking

• You develop influential relationships based upon shared risk objectives

• You do the right thing and lead by example. You have a passion for coaching and investing in the betterment of the team.

Basic Qualifications:

• High School Diploma, GED or equivalent certification

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