Principal Risk Specialist

Capital One; Oslo; On-site; NOK 133,000 - 182,000; Full time

Job summary

Capital One is seeking a Principal Risk Specialist in the Philippines to identify, assess, monitor, and mitigate site risks in line with internal controls and policies. You will conduct First Line of Defense assessments, manage risk reviews, and coordinate with auditors to ensure compliance across the business.

The role requires 3–5 years in financial risk, CIA is a plus, and the candidate will partner with Risk counterparts to sustain robust control programs.

Qualifications

• 3–5 years’ experience in managing risk and internal controls in financial services.
• Certified Internal Auditor (CIA) preferred.

Responsibilities

• Perform First Line of Defense assessments and risk controls testing.
• Manage local site audit activities and remediation.
• Liaise with internal and external auditors to facilitate audits.
• Record risk issues in the GRC system and track remediation.
• Collaborate with risk counterparts to implement policies and controls.
• Prepare materials for monthly Risk Committee meetings.

Skills

Operational risk framework

Analytical skills

Communication skills

Judgment and decision making

Education

Business graduate with accounting units

Job description

Alabang (96050), Philippines, Muntinlupa City, National Capital Region (Manila)

Principal Risk Specialist

Summary:

• To effectively identify, assess, monitor, and mitigate risks within the site consistent with Capital One’s internal controls and policies

General Responsibilities:

• Performance of First Line of Defense Assessments
• Conducts periodic controls testing
• Performs Business Area Risk Review / Risk Management and Control Framework / Enterprise Risk Self- Assessment
• Leads local site audit management
• Liaises with internal and external auditors to facilitate audit requirements
• Inputs risk issues and events in GRC
• Identifies potential risk issues and events and reports appropriate ticket for resolution
• Participates in the analysis and resolution of risk issues and controls
• Conducts local site audit remediation
• Maintains inventory of identified risks, controls, and remediation completion
• Partners and liaises with Risk counterparts and the management team in implementing sustainable policies and compliance control programs
• Ensures site awareness of risk management, including but not limited to the following activities:
• Provides training and assistance to Risk points-of-contact (POCs) and other employees on control procedures
• Performs periodic testing, control awareness discussions, distribution of control tools (eg. findings database)
• Cascades respective risk policies and standards relevant to each function
• Prepares materials for monthly Risk Committee Review meeting
• May be assigned / rotated across related sub-functions including but not limited to sub-functions within Shared Services
• Other job-related duties that may be assigned from time to time

Basic Qualifications:

• Educational Background: Business graduate, preferably with Accounting units
• Professional Experience: 3-5 years’ experience in managing risk and internal controls in Financial industry; Certified internal Auditor
• Skills Required:

• Understanding of operational risk management framework and techniques;
• Strong analytical skills to understand risk processes and identify appropriate controls;
• Effective communication skills to present, negotiate, and influence
• Sound judgment in recommending and implementing resolutions

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.

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).