Principal Risk Manager- Global Payments Network Risk

Capital One; Richmond (VA); On-site; USD 109,900 - 125,400; Full time

Benefits offered by this job

Comprehensive health benefits

Performance-based incentives

Job summary

Capital One seeks a Principal Risk Manager in Richmond, VA to lead from the front line. The role involves strategic relationship-building and innovative risk solutions, partnering with business leaders to ensure the company's stability and profitability.

Responsibilities include risk consulting, stakeholder management, reporting, and collaboration across teams. The candidate should have a Bachelor's Degree or military experience, with significant expertise in Financial Services Risk Management and Project Management.

Qualifications

• At least 1 year of Financial Services Risk Management experience.
• At least 2 years of Project Management experience.
• At least 3 years supporting internal business clients.

Responsibilities

• Serve as a trusted advisor providing tailored guidance.
• Cultivate executive relationships across the enterprise.
• Own and enhance internal and external reporting processes.
• Map business processes to align with corporate requirements.
• Author and refine governance documents.
• Design and optimize risk management processes and tools.
• Partner with specialized teams to achieve risk objectives.

Skills

Financial Services Risk Management

Project Management

Communication Skills

Stakeholder Management

Education

Bachelor's Degree or military experience

Job description

Overview

Are you ready to lead from the front line of a top 10 bank? Do you thrive in a high-visibility environment where your strategic relationship-building translates directly into innovative risk solutions? As a Principal Risk Manager at Capital One, you won't just monitor risk—you will partner with business leaders to actively shape our defense strategies, ensuring the company remains stable, resilient, and profitable. We are seeking highly motivated Risk Management professionals who blend sharp organizational prowess with exceptional communication skills. In this role, you will enjoy significant exposure across multiple lines of business, empowering you to design, champion, and implement progressive frameworks that safeguard our enterprise.

Responsibilities

• Strategic Risk Consulting: Serve as a trusted advisor to core business areas, providing tailored guidance and proactive risk mitigation strategies relative to their specific business lines.
• Stakeholder & Client Management: Cultivate, leverage, and sustain key executive relationships across the enterprise to foster deep collaboration and break down silos.
• Reporting Excellence: Own, enhance, and execute internal and external reporting processes, ensuring flawless documentation that aligns with complex regulatory and internal expectations.
• Framework Alignment: Map and adjust localized business processes to seamlessly align with overarching Capital One corporate requirements and risk frameworks.
• Governance Documentation: Author, review, and continuously refine critical governance documents, including policies, standards, procedures, and operational guidelines.
• Tool & Method Development: Design and optimize risk management processes, tools, templates, and job aids. Craft and deliver high-impact presentations to train and guide teams on risk methodology usage.
• Cross-Functional Collaboration: Partner effectively with specialized teams across the enterprise—including Operational Risk Management, Enterprise Risk Management, Compliance, Business Risk Offices, Information Technology, Basel Program, Internal Audit, and Regulatory Relations—to achieve unified risk objectives.

Basic Qualifications

• Bachelor's Degree or military experience
• At least 1 year of Financial Services Risk Management experience
• At least 2 years of Project Management experience
• At least 3 years of experience supporting, partnering, and interacting with internal business clients

Preferred Qualifications

• At least 3 years of Project Management experience leading cross-functional projects and programs within a Risk function
• PMP Certification or Masters Certificate of Project Management (CPM)

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

New York, NY: $131,800 - $150,500 for Principal Risk Specialist

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

Riverwoods, IL: $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).