Principal Risk Specialist, Control Testing

Capital One; Muntinlupa; Hybrid; PHP 600,000 - 900,000; Full time

Job summary

Capital One Philippines Service Corp seeks a risk management professional to identify, assess, monitor, and mitigate risks aligning with internal controls and policies. The role covers first line of defense assessments, periodic controls testing, risk frameworks, and remediation tracking within a hybrid work setup.

Ideal candidate has 3–5 years of experience in managing risk in the financial sector and holds a Certified Internal Auditor credential.

Qualifications

• 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.

Responsibilities

• Performance of First Line of Defense Assessments
• Conducts periodic controls testing
• 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
• 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
• Cascades respective risk policies and standards relevant to each function
• Prepares materials for monthly Risk Committee Review meeting

Skills

Operational risk management

Analytical thinking

Communication skills

Judgment and problem solving

Hybrid/shift work

Education

Bachelor's degree in Business

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:

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

No agencies please. 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.

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For technical support or questions about Capital One's recruiting process, please send an email to [e-mail]

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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).