Principal Associate, Finance Risk Management

Overview

Principal Associate, Finance Risk Management

Finance Risk Management (FRM), functioning as the business risk office for Capital One’s Finance division, leads robust and proactive risk management programs.  As a Principal Associate in FRM  your role will require excellent communication and interpersonal skills, the ability to work autonomously, identify areas of opportunity, and manage changing priorities. This role supports Finance business teams by applying risk and control standards, ensuring adherence to regulatory and Enterprise requirements, aligning the organization with leading practices, and cultivating an environment of strong risk management.

As a Risk Advisor within Finance Risk Management  it is essential that you have strong problem solving, integrative thinking, judgment, and communication skills for success. Additionally, building partnerships with multiple business stakeholders across Finance, Finance Risk Management, peer risk groups and teammates, while adapting to and managing change in a fast-paced, dynamic environment, are key for this role . 

Job Responsibilities:

• Promote proactive risk management initiatives to reduce the residual risk within the business

• Lead FRM’s engagement activities on process level assessments, internal audits, and regulatory commitments for assigned areas

• Support business partners through major enterprise change initiatives   

• Drive risk management initiatives to completion and execute roadmaps that deliver improved risk management practices, working with stakeholders to solve complex problems under tight deadlines 

• Provide regular and open communication for transparency and awareness of progress and impediments 

• Stay current on understanding effective risk management, process and control effectiveness  strategies

• Proactively understand business partner current risk profile and identify strategic and emerging risks 

• Manage work across organizational lines to address competing priorities and achieve results 

• Communicate with and influence leadership on key process risks and actions needed 

• Build and leverage productive relationships with Finance department stakeholders to promote a strong operationally resilient posture and act as a change agent

Basic Qualifications:

• Bachelor's Degree or military experience

• At least 4 years of experience in Risk Management, Regulatory Compliance, Audit, Accounting, or a combination

• At least 2 years of experience working in Financial Services

• Ability to demonstrate strong verbal and written communication skills 

Preferred Qualifications:

• Project Management Professional (PMP) or Agile certification

• Certified Public Accountant (CPA) or Certified Internal Auditor (CIA)

• 2+ years of project management experience

• 2+ years of experience in Risk Management within the Banking or Financial Services industry

• 2+ years of experience in an audit-related field, first or second line risk management, accounting, or business process and control advisory

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: $131,300 - $149,800 for Principal Analyst, Capital Mkts & Risk

Richmond, VA: $119,400 - $136,200 for Principal Analyst, Capital Mkts & Risk

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.

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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).