Principal Associate, Risk Advisor (FS)

Overview

Principal Associate, Risk Advisor (FS)

Are you a strategic thinker with a passion for navigating complex financial landscapes? Do you thrive on providing insightful guidance that shapes critical business decisions? Capital One is seeking a Principal Risk Associate to join our dynamic Financial Services Business Risk Office.

In this pivotal role, you will be the driving force behind proactive risk management, transforming uncertainty into opportunity. You'll leverage your analytical prowess to develop and deploy innovative risk mitigation strategies, while simultaneously honing your strategic and influencing skills to empower confident, data-inspired decision-making across the company.

This is more than a risk management role; it's an opportunity to become a trusted advisor, working alongside senior business and risk leaders, technology innovators, and compliance experts. You'll gain unparalleled exposure across the division, contributing directly to Capital One's success in a rapidly evolving market.

As a Principal Risk Associate, you will:

• Become a subject matter expert, deeply understanding business strategies, products, services, and their unique risk profiles.

• Anticipate and assess the impact of evolving regulatory landscapes on business objectives and risk appetite, providing forward-thinking advisory.

• Proactively identify emerging risks and trends through meticulous data analysis, delivering actionable insights that guide internal stakeholders.

• Offer expert guidance and advice to business partners on the effective implementation of robust risk policies and programs.

• Foster seamless collaboration across risk, compliance, legal, and other essential business support functions.

• Ensure independent and timely escalation of risk management gaps, issues, and emerging concerns to executive leadership and the Board of Directors, as appropriate.

• Champion continuous improvement in risk management practices, identifying opportunities to enhance efficiency, eliminate waste, and elevate the customer experience.

• Drive the containment and remediation of process breakdowns in close partnership with compliance, legal, and business process teams.

• Exhibit a proven ability to analyze complex trends, pinpoint root causes, and propose impactful advisory solutions.

• Identify potential risks to current strategies and develop action plans to mitigate them.

• Proactively engage with business partners to develop and implement risk mitigation plans.

• Demonstrate a deep understanding of the business and regulatory environment.

• Influence decisions and drive results through effective communication and collaboration.

• Mentor and guide junior associates, fostering their development.

Qualities of a Successful Principal Associate Candidate:

We are looking for an individual who is:

• Curious and Analytical: You're a truth-seeker who asks the right questions, explores possibilities, and masters data to deliver evidence-based, innovative solutions.

• Communicative and Influential: You can articulate complex ideas concisely and persuasively, tailoring your message to engage and influence executive leadership. You consistently influence business partners and drive action, demonstrating confidence and expertise to senior leaders.

• Discerning and Deliberative: You are methodical, adept at navigating uncertainty, and possess the foresight to steer teams away from impulsive or ill-informed decisions. You proactively identify and mitigate risks to current strategies.

• Action-Oriented and Results-Driven: You embrace new challenges, learn from setbacks, and remain steadfastly focused on achieving goals while prioritizing an exceptional customer experience. You drive results by developing and implementing effective risk mitigation plans.

• Up for a Challenge and Fungible: You thrive on tackling big, undefined, and complex problems, constantly seeking to expand your knowledge and contribute well-rounded solutions. You demonstrate a deep and evolving understanding of the business and regulatory environment.

• Passionate and Customer-Focused: You are customer-obsessed, dedicated to understanding their needs, and committed to delivering nothing less than an exceptional experience.

• Collaborative and Team-Oriented: You value diverse perspectives, actively seek insights from others, and inspire teams to rally around a common objective. You mentor and guide junior associates, fostering their development.

Basic Qualifications:

• High School Diploma, GED or equivalent certification

• At least 3 years of experience in project, process, program, or risk management

Preferred Qualifications:

• Bachelor's, Master's Degree, MBA, or Juris Doctorate

• 2+ years of experience presenting to senior leadership

• 2+ years analyzing trends, determining root cause, and proposing solutions

• 5+ years of experience in project, process, program, or risk management

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.

Plano, TX: $106,700 - $121,700 for Principal Risk Specialist

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 theCapital 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.

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).