Principal Operational Risk Associate

Capital One
Richmond, Virginia, United States
Feb 06, 2023
Feb 18, 2023
Full Time
West Creek 3 (12073), United States of America, Richmond, Virginia

Principal Operational Risk Associate

Do you want to be part of an organization that's dedicated to helping Capital One identify, manage and effectively mitigate risk - for our customers, our communities and our associates? As part of Operational Risk Management (ORM), that's exactly what you'll do. Working with talented associates, you'll provide oversight and effective challenge to help ensure that our businesses effectively manage operational risk. You'll also bring your unique perspectives and experiences to foster a more rigorous, curious, and creative environment and to drive strategic solutions.

As part of the Challenge and Advisory team, you'll serve as both an effective challenger and a trusted advisor, performing analysis on risk information to advance risk management practices in our lines of business, specifically for Technology driven activities. This team touches all areas of Capital One that incur operational risk - from new products to strategic initiatives to risk events and beyond. In partnership with your ORM teammates and key business stakeholders across the enterprise, you'll help lead the charge that will transform how risk-related data drives business decisions and, ultimately, how Capital One maintains a robust operational risk management profile.

Successful Principal Risk Associates on this team think broadly across all facets of Operational Risk and use deep subject matter expertise to effectively advise and/or challenge first line business partners. They are highly adept communicators, influencers, and strategic thinkers. As liaisons between ORM and the enterprise, these leaders are also highly analytical and collaborative with superior judgment and project/process management skills. Whether consulting on large scale projects or interpreting the rapidly evolving regulatory landscape, are forward thinking, quick to adapt, and technologically inclined. This role will support Enterprise Services (to include Digital and Shared Tech) and partner directly with the team across all deliverables.

A successful candidate will:
  • Provide challenge for Technology driven products and product commercialization efforts, platforms, and processes across Line of Business (LOB) first line of defense's risk-taking and risk assessments
  • Evaluate the operational risk profile and risk analysis for our LOBs, culminating in quarterly Divisional OperationalRisk Reporting
  • Work across the multiple dimensions of operational risk programs and understand how they impact LOBs
  • Lead analysis on risk information to gain risk insights
  • Consult on initiatives, business objectives, processes, risk events, controls and/or monitoring
  • Influence executives of key operational risks and actions needed
  • Develop ad-hoc analysis, deep dive investigations and drive specific risk initiatives as needed
  • Manage projects and lead work streams that support project and/or team objectives

Basic Qualifications:
  • Bachelor's Degree or military experience
  • At least 3 years of experience in Risk Management, Compliance, Audit, Finance or Technology

Preferred Qualifications:
  • Master's Degree in Business Management, Information Technology, Accounting or Economics
  • At least 4 years of experience in Risk Management, Accounting, Finance or Assurance within the financial industry
  • At least 3 years of Technology Audit experience
  • At least 4 years Consulting experience
  • Certified Risk Management Assurance (CRMA) or Certified Regulatory Compliance Manager (CRCM)
  • Certified Information Systems Auditor (CISA) certification

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

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.

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).