Sr. Risk Associate, Risk Assessments

Sr. Risk Associate, Risk Assessments

Commercial Risk is a first line of defense function which supports our Commercial Banking Lines of Business in managing non-credit risk. Commercial Risk associates collaborate across the division, as well as with other Line of Business first line teams and second and third line partners, to develop and implement well-managed risk practices.

Senior Associates at Capital One are motivated risk professionals with excellent analytical, organizational and communication skills. They are experienced in operating in a highly dynamic environment and can balance the needs of multiple stakeholders while working independently. Senior Associates have an ability to work across teams to create innovative solutions to appropriately manage risk within Commercial while maintaining an attention to detail. If you are curious and eager to learn new things, love problem solving, and have a deep reverence for risk management, this may be the role for you.

Strong problem solving, integrative thinking, prioritization, and analytical skills are essential for success in this role. Additionally, building win-win partnerships with multiple business stakeholders and across Commercial Risk work streams while adapting to change in a dynamic environment are key for this role.

Job Responsibilities:

• Use analytical skills to identify trends and opportunities to improve the risk management framework and audit and exam readiness
• Utilize agile principles and practices to effectively manage and prioritize work
• Think broadly, evaluate current practices and challenge the status quo; thought leadership
• Develop and maintain effective working relationships with key business partners
• Demonstrate flexibility and proactivity in responding to changes in assignment and job responsibility
• Collaborate with second line Risk (e.g. ERM, ORM, Compliance/AML), Audit, Legal, Fraud and LOB Risk partners to support risk assessments (e.g. Product and Process) and create leading-edge solutions
• Perform risk assessments on critical business processes to identify risks and work with key stakeholders to mitigate and remediate as appropriate
• Execute the risk assessment and remediation program governance on behalf of the Commercial business
• Communicate scope, issues, risks and recommendations to management (written and oral)
• Work with Enterprise Risk Management and other lines of business to develop and implement the Future of Risk Assessments at Capital One

Basic Qualifications:

• Bachelor's Degree or Military experience
• At least 2 years of Financial Services or Risk Management experience

Preferred Qualifications:

• At least 4 years of experience in Risk Management, Compliance, Audit or consulting for Financial Services firms
• Commercial Banking experience

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

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

Charlotte, NC: $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 varies based on full or part-time status, exempt or non-exempt status, and management level.

Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com.

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).