Sr. Risk Associate, Commercial Banking

Capital One National Association; McLean (VA); On-site; USD 94,600 - 107,900; Full time

Benefits offered by this job

Comprehensive Health Benefits

Performance-Based Incentives

Inclusive Work Environment

Job summary

An established industry player is seeking a Senior Risk Associate to join their Commercial Banking team. In this pivotal role, you will be at the forefront of risk management, working closely with business partners to identify and mitigate potential risks. The ideal candidate will possess strong analytical and problem-solving skills, along with excellent communication abilities. You will proactively manage risk initiatives and support various stakeholders in a dynamic environment. This position offers a unique opportunity to contribute to the stability and profitability of a leading financial institution while working in a collaborative and inclusive atmosphere.

Qualifications

• 2+ years of experience in Financial Services or Risk Management.
• Ability to work autonomously and manage changing priorities.

Responsibilities

• Manage risk initiatives to reduce residual risk in the business.
• Support audits and investigations with various stakeholders.
• Create and manage risk reporting for business units.

Skills

Analytical Skills

Problem Solving

Integrative Thinking

Communication Skills

Interpersonal Skills

Agile Methodology

Education

Bachelor's Degree

Military Experience

Job description

Sr. Risk Associate, Commercial Banking

Are you ready to work on the front line of a top 10 Bank? As a Senior Risk Associate in the Commercial Bank at Capital One you’ll be responsible for working with business partners to identify and mitigate potential risks to Capital One. Commercial Risk is a first line of defense function which supports our Commercial Banking Lines of Business in managing non-credit risk. Senior Risk Associates at Capital One are the front line of defense to ensure our company remains stable and profitable.

As a Senior Risk Associate with the Commercial Bank, the ideal candidate will have excellent written & verbal communication, strong interpersonal skills, the ability to work autonomously, flexibility in managing changing priorities in an Agile framework, and a desire to help the Commercial Bank succeed. Strong problem solving, integrative thinking, prioritization, and analytical skills are essential for success in this role. Additionally, building win-win partnerships with multiple business stakeholders and across Commercial Risk work streams while adapting to change in a dynamic environment are key for this role.

Job Responsibilities:

• Proactively manage risk management initiatives, tasks, and activities in order to reduce the residual risk within the business
• Support Risk Advisors with ad-hoc deliverables and investigations
• Coordinate the delivery of materials requested in audits and exams, coordinating with various stakeholders across the lines of defense
• Execute deliverables that support internal governance processes
• Act as issue manager on events and issues related to the business, including project management of remediation activities
• Create, edit and manage a variety of business unit risk reporting

Basic Qualifications:

• Bachelor's Degree or Military experience
• At least 2 years of Financial Services or Risk Management experience

Preferred Qualifications:

• At least 3 years of Commercial Lending, Bank Operations, or Risk Management experience
• At least 2 years of experience covering a Commercial Operations business in Risk Management, Compliance or Internal Audit

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

#CommRisk

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.

Charlotte, NC: $86,000 - $98,200 for Sr. Risk Associate

McLean, VA: $94,600 - $107,900 for Sr. Risk Associate

Richmond, VA: $86,000 - $98,200 for Sr. Risk Associate

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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. 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.