Principal Risk Specialist

Capital One; Muntinlupa; On-site; PHP 700,000 - 1,100,000; Full time

Job summary

Capital One in Alabang seeks a Principal Risk Specialist to identify, assess, monitor, and mitigate risks within the site, aligning with internal controls and policies.

You will perform First Line of Defense assessments, conduct controls testing, coordinate audits with internal and external teams, input risk events in GRC, and support training for risk points of contact. This role requires collaboration with management to sustain compliant operations.

Qualifications

• Experience in managing risk and internal controls in the financial industry (3–5 years).
• Knowledge of risk management frameworks and controls implementation.
• Certified Internal Auditor preferred.

Responsibilities

• Performance of First Line of Defense Assessments
• Conduct periodic controls testing
• Perform Business Area Risk Review / Risk Management and Control Framework / Enterprise Risk Self-Assessment
• Lead local site audit management
• Liaise with internal and external auditors to facilitate audit requirements
• Inputs risk issues and events in GRC
• Identify potential risk issues and events and report appropriate ticket for resolution
• Participate in the analysis and resolution of risk issues and controls
• Conduct local site audit remediation
• Maintain inventory of identified risks, controls, and remediation completion
• Partner and liaise with Risk counterparts and the management team in implementing sustainable policies and compliance control programs
• Ensure site awareness of risk management, including but not limited to providing training and assistance to Risk POCs and other employees on control procedures
• Perform periodic testing, control awareness discussions, distribution of control tools (e.g., findings database)
• Cascade respective risk policies and standards relevant to each function
• Prepare 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

Skills

Operational risk framework

Analytical thinking

Verbal & written communication

Judgment and resolution

Education

Business degree with accounting units

Job description

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

Principal Risk Specialist

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

Responsibilities

• Performance of First Line of Defense Assessments
• Conduct periodic controls testing
• Perform Business Area Risk Review / Risk Management and Control Framework / Enterprise Risk Self-Assessment
• Lead local site audit management
• Liaise with internal and external auditors to facilitate audit requirements
• Inputs risk issues and events in GRC
• Identify potential risk issues and events and report appropriate ticket for resolution
• Participate in the analysis and resolution of risk issues and controls
• Conduct local site audit remediation
• Maintain inventory of identified risks, controls, and remediation completion
• Partner and liaise with Risk counterparts and the management team in implementing sustainable policies and compliance control programs
• Ensure site awareness of risk management, including but not limited to providing training and assistance to Risk POCs and other employees on control procedures
• Perform periodic testing, control awareness discussions, distribution of control tools (e.g., findings database)
• Cascade respective risk policies and standards relevant to each function
• Prepare 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 the 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.