Principal Risk Specialist Control Testing

Capital One; Muntinlupa; On-site; PHP 1,000,000 - 1,400,000; Full time

Job summary

Capital One in Alabang, Philippines, seeks a Principal Risk Specialist, Control Testing, to identify, monitor, and mitigate site risks in line with internal controls and policies. The role covers First Line of Defense assessments, risk reviews, and remediation activities within a hybrid work setup.

The ideal candidate has 3–5 years of risk management experience in financial services and a business degree with accounting units.

Qualifications

• Understanding of operational risk management framework and techniques.
• Strong analytical skills to understand risk processes and identify 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.

Responsibilities

• Perform First Line of Defense assessments.
• Conduct periodic controls testing.
• Support Business Area Risk Review, Risk Management and Control Framework, and ERM Self-Assessment.
• Lead local site audit management and coordinate with auditors.
• Input risk issues in GRC and drive remediation tracking.
• Maintain risk and control inventories and remediation status.
• Collaborate with Risk counterparts and site management on policy deployment.
• Provide risk training and awareness to POCs and staff.
• Support monthly Risk Committee materials and reporting.

Skills

Operational risk mgmt

Analytical thinking

Communication skills

Judgment & decision making

Hybrid work adaptability

Education

Business degree with accounting units

Job description

Job Description:

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

Principal Risk Specialist, Control Testing

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

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.