Principal Associate, Risk Management (US Card)

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

Job summary

Capital One in Richmond, VA seeks a Principal Risk Associate to help manage risk across the Card line. The role blends analytics, governance, and stakeholder collaboration to translate complex data into actionable risk insights and leadership decisions.

You will partner with risk advisors and business teams, lead process improvements, and develop reporting that informs strategic priorities while maintaining strong adherence to regulatory standards and Capital One's risk framework.

Qualifications

• Bachelor's Degree or military experience.
• 2+ years in financial services or risk management.
• 2+ years of project or process management.
• 2+ years of internal client engagement.

Responsibilities

• Lead change control efforts at the process level.
• Facilitate risk assessment for new/changing card business areas.
• Provide risk consulting to business areas.
• Develop management reporting based on risk assessments.
• Build relationships with stakeholders to enable collaboration.
• Coordinate process interactions and meetings.
• Partner with data analysts to improve risk monitoring.
• Synthesize data to provide insights to the Card business.
• Design and influence internal governance processes.

Skills

Independent thinker

Analytical mindset

Excellent communication

Cross-functional collaboration

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.

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.

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

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

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

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.

This role is expected to accept applications for a minimum of 5 business days.

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.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [e-mail].

All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

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

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

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).

At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit.