Principal Risk Specialist, Control Testing

Capital One National Association; Muntinlupa; On-site; PHP 558,000 - 781,200; Full time

Job summary

Capital One National Association seeks a Risk Management Professional in Muntinlupa, Philippines. The role involves assessing, monitoring, and mitigating risks in compliance with internal controls and policies. Responsibilities include conducting controls testing, monitoring risks, and providing training on risk management.

The ideal candidate has a business degree with accounting units and 3-5 years of experience in risk management within the financial industry, preferably as a Certified Internal Auditor. The position requires effective communication and analytical skills, and it includes a midshift hybrid work schedule.

Qualifications

• 3-5 years of experience in managing risk and internal controls in the financial industry.
• Certified Internal Auditor.

Responsibilities

• Conduct periodic controls testing.
• Input risk issues in GRC.
• Provide training on control procedures.
• Prepare materials for Risk Committee Review meetings.

Skills

Understanding of operational risk management framework and techniques

Strong analytical skills

Effective communication skills

Sound judgment in resolving issues

Education

Business graduate, preferably with Accounting units

Job description

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
• Risk and Remediation Monitoring
  • 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
• Site Risk Management
  • 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
  • Amenable to working a midshift schedule in a hybrid setup

Legal

Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non‑discrimination in compliance with applicable federal, state, and local laws.