Global Payments Risk Lead – Counterparty Credit & Settlement

Capital One

Chicago (IL)

Hybrid

USD 88,000 - 100,000

Full time

5 days ago

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Job summary

Capital One seeks a Senior Risk Associate for Global Payments Network in Chicago. You will assess counterparty credit risk, manage settlement exposures, and design mitigation structures to protect the bank’s liquidity and capital.

You’ll lead credit reviews, collaborate across Legal, Finance, and Operations, and present findings to senior committees. Hybrid role with on-site requirements; strong analytical, AI/ML, and communication skills are valued to advance risk-mitigation strategies and

Qualifications

Bachelor's Degree or Military experience.
3+ years counterparty credit risk analysis or related underwriting.
Experience with global payment clearing or settlement dynamics is preferred.
Familiarity with risk platforms and credit databases (Bloomberg, Capital IQ, CreditRiskMonitor).
Experience applying AI/ML tools to financial analysis is a plus.

Responsibilities

Perform financial and credit risk assessments for counterparties to assign internal risk ratings.
Monitor daily and intraday settlement exposures within card network cycles.
Design and negotiate risk-mitigation structures including pre-funding and LC types.
Lead end-to-end credit reviews and present risk recommendations to committees.
Collaborate with cross-functional teams to align risk appetite with growth.