Principal Associate, Risk Management (US Card)

Capital One National Association; Richmond (VA); On-site; USD 110,000 - 125,000; Full time

Job summary

Capital One is seeking a Principal Associate in Risk Management (US Card) to lead risk assessment, governance, and collaboration across Card business areas. The role requires strong analytical and communication skills, with experience in risk management, project management, and working with internal clients.

The position emphasizes independent thinking, stakeholder management, and delivering timely, quality results in a changing environment.

Qualifications

• Bachelor's Degree or military experience required.
• A minimum of 2 years in financial services or risk management.
• 2+ years in project or process management.
• 2+ years supporting internal business clients.

Responsibilities

• Lead change control efforts across processes with proper documentation.
• Facilitate risk assessment for new or changing intents across Card areas.
• Provide risk consulting to business lines and guidance as required.
• Develop management reporting based on risk assessments.
• Build relationships with stakeholders to enable enterprise collaboration.
• Ensure process frameworks meet enterprise standards.
• Coordinate meetings and facilitate cross‑functional sessions.
• Partner with data analysts to improve risk monitoring and reporting.
• Synthesize data to deliver insights to the Card business.
• Monitor systems for data quality and consistency.
• Provide training to stakeholders as needed.

Skills

Analytical thinking

Communication

Stakeholder management

Organizational agility

Change management

Problem solving

Collaboration

Decision making

Education

Bachelor's Degree or military experience

Job description

Principal Associate, Risk Management (US Card)

Principal Risk Associates at Capital One are highly motivated Risk Management professionals with excellent analytical, organizational, and communication skills. These skills allow Principal Risk Associates to gain insights and act as change agents to influence their business partners. As Capital One evolves to meet the ever-changing technology landscape, so do our Risk Associates. A successful Principal Risk Associate operates from a foundation of knowledge about the Line of Business with whom they are working, laws/regulations, and good Risk Management practices. They are forward-thinking, quick to adapt, and technologically adept.

The Principal Risk Associate will have a high level of exposure across the Card business and the opportunity to create and implement innovative solutions to appropriately manage risks within the business.

Responsibilities

• Lead change control efforts at the process level to ensure impacts are appropriately assessed, documented, and implemented
• Facilitate the risk assessment process associated with new/changing intent for multiple Card business areas
• Provide risk consulting to one or more business areas relative to their business lines, providing advice and guidance as required
• Develop management reporting based on risk assessments
• Develop and leverage key relationships with stakeholders that enable collaboration across the enterprise
• Ensure process frameworks are delivered within established enterprise standards
• Coordinate various process interactions, including meeting logistics, and facilitate collaborative meetings with 1st and 2nd line process participants
• Partner with data analysts to iterate and improve upon risk monitoring and reporting
• Synthesize data and perform analysis to bring valuable business insights to the Card business
• Design, implement, and/or influence internal governance processes
• Monitor systems of record for accuracy, quality, and consistency
• Provide training to stakeholders as needed
• Connect the strategic and operational priorities to the changing risk environment, partnering with risk advisors and the business to understand impacts
• Partner with a wide range of internal customers across all levels
• Demonstrate intellectual curiosity to question the obvious, explore options, and seek to develop and implement efficiencies and process improvements
• Self-manage, prioritize work, and consistently deliver results
• Demonstrate strong organizational agility to adapt to changing demands and divergent priorities

Here's what we're looking for in an ideal teammate

• An independent and critical thinker who seeks to understand the business, its processes, risks, and control environment
• Able to create energy and foster an environment of trust, collaboration, and belonging
• Focused relentlessly on quality and timeliness
• Adaptable to change, eager to embrace bold ideas, and intellectually curious
• Eager to ask questions, test assumptions, and challenge conventional thinking
• A builder of influential relationships based upon shared risk objectives
• Committed to doing the right thing and leading by example

Basic Qualifications

• Bachelor's Degree or military experience
• At least 2 years of financial services or risk management experience
• At least 2 years of project or process management experience
• At least 2 years of experience supporting, partnering, and interacting with internal business clients

Preferred Qualifications

• 1+ years of experience facilitating and conducting Risk Assessments
• 1+ years of experience developing presentations for senior stakeholders
• 3+ years of financial services or risk management experience
• 3+ years of project or process management experience leading cross-functional projects and programs in Risk
• 3+ years of experience supporting, partnering, and interacting with internal business clients
• Professional certifications within risk management, project management, or assurance (e.g., PMP, Master Certificate of Project Management, Certified Risk Management Professional, or Certified Internal Auditor).

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

McLean, VA: $120,800 - $137,900 for Principal Risk Specialist

Richmond, VA: $109,900 - $125,400 for Principal Risk Specialist

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

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.