Principal Business Risk Control Specialist

Principal Business Risk Control Specialist

The Principal Business Risk Control Specialist is responsible for performing business compliance and operational risk and control activities. Educating and training the business to ensure compliance with regulations. Evaluating current operations across the business to identify areas for enhancements. Partnering with the business to implement processes. Actively managing and escalating risk and customer-impacting issues within the day-to-day role to management. Provides education and monitors the business on requirements of company policies and standards related to risk and control ownership. Develops and implements job aids and tools to facilitate efficient completion of policy and standard requirements. Identifies and implements effective controls to manage operational, financial, and compliance risks. Maintains an accurate library of risks and controls. Performs control design reviews and compliance risk assessments. Monitors the risk and control environment for weaknesses and identifies solutions to improve the effectiveness and efficiency of controls. Executes control testing plans. Creates and distributes monthly risk reporting and complaints data. Leads customer complaint remediation projects. Leads the completion of projects. Develops, implements, and administers control standardization and workflow solutions. Creates continuous monitoring exception reports for critical business processes.

Basic Qualifications :

• Bachelors Degree
• At least 4 years of Financial services, Marketing, Compliance, Internal Audit Operations or Vendor Management experience
• At least 3 years of experience supporting, partnering and interacting with internal business clients

Preferred Qualifications :

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. 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.