Principal Risk Specialist

Capital One
New York, New York
May 11, 2022
Jun 09, 2022
Full Time
NYC 299 Park Avenue (22957), United States of America, New York, New York

Principal Risk Specialist

The Capital One Commercial Banking division services a $50 billion loan portfolio, serving more than 4,100 clients and greater than 35,000 accounts. This role is in the Risk Assessment and Framework ("RAF") practice within the Commercial Risk Office and will play a critical part in the evolution of our strategic approach to risk management. The RAF team is responsible for the design and execution of the overall Commercial Risk Evaluation Program and works in partnership with all lines of defense.

The ideal candidate brings an entrepreneurial spirit and a drive to "get to the right place". The role provides opportunities for thought-leadership and senior exposure in a dynamic and changing business. Risk specialists at Capital One are motivated professionals with excellent analytical, organizational and communication skills. They operate in a highly collaborative environment and balance the needs of multiple stakeholders while working independently. If you are curious and eager to learn new things, love problem-solving and have a deep desire to "make things better", this may be the role for you.

The Risk Framework Specialist is a high-impact performer who will provide direct support to the team Director, and will coordinate between area leadership, cross functional risk partners and support groups to prioritize and implement risk management initiatives. Specific responsibilities include the following:
  • Use analytical skills to identify trends and opportunities to improve the risk management framework and audit and exam readiness
  • Utilize agile principles and practices to effectively manage and prioritize work
  • Think broadly, evaluate current practices and challenge the status quo; thought leadership
  • Develop and maintain effective working relationships with key business partners
  • Demonstrate flexibility and proactivity in responding to changes in assignment and job responsibility
  • Collaborate with second line Risk (e.g. ERM, ORM, Compliance/AML), Audit, Legal, Fraud and LOB Risk partners to support assessments and create leading-edge solutions
  • Perform assessments on critical business processes to identify risks and work with key stakeholders to mitigate and remediate as appropriate
  • Execute the risk assessment and remediation program governance on behalf of the Commercial business
  • Communicate scope, issues, risks and recommendations to management (written and oral)

Basic Qualifications:
  • Bachelor's Degree or military experience
  • At least 5 years of experience in financial services
  • At least 2 years of experience in a project management role

Preferred Qualifications:
  • Commercial Bank experience
  • Agile experience
  • At least 3 years of experience in a risk related role (audit, 1st line, 2nd line)

    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, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, 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.

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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).