Principal Risk Associate (Partnerships)
Category Risk Management
Experience Principal Associate
Primary Address Chicago, Illinois
Overview77 West Wacker Dr (35012), United States of America, Chicago, IllinoisPrincipal Risk Associate (Partnerships)
As a Risk Manager on Capital One's Card Risk Team, you will be responsible for working with business partners and risk colleagues to identify and manage existing and potential risks to the Card Partnerships Portfolio. Risk Managers at Capital One are the first line of defense to ensure our Company remains well-managed and profitable.
Risk Managers at Capital One are highly motivated Risk Management professionals with excellent analytical, organizational, and communication skills. These skills allow the Risk Manager to gain insights, and act as a change agent to influence their business partners. As Capital One evolves to meet the ever changing technology landscape, so do our Risk Managers. A successful Risk Manager operates from a foundation of knowledge about the Line of Business they support, applicable laws / regulations and good Risk Management practices. They are forward thinking, quick to adapt, and technologically adept. Risk Managers have a high level of exposure across lines of business and have the opportunity to work with Executives to create and implement innovative solutions to appropriately mitigate risks within the Card business.
The specific Risk Manager role that is open is a Risk Manager of Audit and Exam Management horizontally across the Partnerships Business. This Risk Manager will interact with auditors and examiners to prepare the business, manage the facilitation of audits and exams, and assist/review business responses being submitted to auditors. Additionally, the role involves process, organization, planning, and reporting activities. The Risk Manager will plan the calendar of audits/exams for the year and continually update, as well as provide reporting to leadership about performance, progress and status of audits. Process improvement responsibilities as needed.
Provide guidance to business in the implementation of risk management practices
Understand the broader context and implications (e.g., financial, legal, reputational, etc.) of the various types of risk affecting the Card Partnership organization
Stay abreast of the changing regulatory environment and understand the impacts to the Card business
Evaluate and improve the process, risk and control environment, offering advice and guidance across many risk domains
Provide risk consulting on new business intent and ensure proper governance on all business initiatives
Drive collaboration between Risk, Compliance and other business support functions (e.g., Legal, Privacy)
Provide oversight and guidance during risk assessments and BAU operations, identify and analyze risk issues/events, and drive required remediation
Analyze and resolve effective challenges from risk stakeholders (ex. ERM, ORM, Compliance, Audit)
Participate in risk forums and contribute to continuous improvement of risk management practices in Card Partnerships
Here’s what we’re looking for in an ideal teammate:
You are a critical thinker who seeks to understand the business, its processes, risks and control environment.
You create energy and an environment that fosters trust, collaboration, and belonging.
You possess a relentless focus on quality and timeliness.
You adapt to change, embrace bold ideas, and are intellectually curious. You like to ask questions, test assumptions, and challenge conventional thinking.
You develop influential relationships based upon shared risk objectives.
You do the right thing and lead by example. You have a passion for coaching and investing in the betterment of the team.
At least 3 years of experience in risk management or compliance
5+ years of risk management experience
3+ years of experience in Analysis
3+ years of Audit and exam experience
3+ years of experience in performing risk and control assessments, control testing, or assessments against industry risk frameworks
2+ years of experience in Process Management or Project Management
Agile or Design Thinking experience
Certified Risk Management Assurance (CRMA) or Certified Regulatory Compliance Manager (CRCM)
Lean, Agile, Six Sigma, Business Process Management, or Project management certification
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.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.
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 RecruitingAccommodation@capitalone.com. 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 Careers@capitalone.com
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).
How We Hire
We take finding great coworkers pretty seriously.
Step 1 Apply
It only takes a few minutes to complete our application and assessment.
Step 2 Screen and Schedule
If your application is a good match you’ll hear from one of our recruiters to set up a screening interview.
Step 3 Interview(s)
Now’s your chance to learn about the job, show us who you are, share why you would be a great addition to the team and determine if Capital One is the place for you.
Step 4 Decision
The team will discuss — if it’s a good fit for us and you, we’ll make it official!
How to Pick the Perfect Career Opportunity
Overwhelmed by a tough career choice? Read these tips from Devon Rollins, Senior Director of Cyber Intelligence, to help you accept the right offer with confidence.
Your wellbeing is our priority
Our benefits and total compensation package is designed for the whole person. Caring for both you and your family.
Healthy Body, Healthy Mind
You have options and we have the tools to help you decide which health plans best fit your needs.
Save Money, Make Money
Secure your present, plan for your future and reduce expenses along the way.
Time, Family and Advice
Options for your time, opportunities for your family, and advice along the way. It’s time to BeWell.
Here’s how the team fits together. We’re big on growth and knowing who and how coworkers can best support you.
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