Principal Associate, Card Partnerships and Trade Credit

Overview

Principal Associate, Card Partnerships and Trade Credit

The Card Partnerships and Trade Credit business offers a unique opportunity to the right Associate with its diverse product sets, consumer and commercial; interesting private label programs; varied technical platforms as well as an opportunity to serve internal and external stakeholders. If you are passionate about managing risk, enjoy process and project management; solving problems once and for all in a well-managed way and looking for a way to grow and develop yourself in new areas, this may be the perfect role for you.

As a Principal Risk Specialist on the  Partnerships Operations and Trade Credit Well Managed Services Team, you will be responsible for working with business partners, primarily across Trade Credit to identify and consult on potential risks to Capital One and provide horizontal support as requested across Partnerships Delivery, Operations and Well Managed Teams. Principal Risk Specialists at Capital One are the first line of defense to ensure our Company remains well-managed and profitable.

Principal Risk Specialists at Capital One are highly motivated Risk Management professionals with excellent analytical, organizational, and communication skills. These skills allow the Principal Risk Specialist 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 Principal Risk Specialists. A successful Principal Risk Specialist operates from a foundation of knowledge about the Line of Business with whom they are working, laws / regulations and good Risk Management practices. They are forward thinking, quick to adapt, and technologically adept. Principal Risk Specialists 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 manage risks within the Card business.

Responsibilities:

• Facilitating the risk assessment process associated with new/changing intent for assigned Card business areas

• Develop management reporting based on risk assessments, well managed related functions

• Coordinating and supporting the various process interactions, including meeting logistics, and facilitating collaborative meetings with 1st and 2nd line process participants, i.e., ICTT testing

• Stay current on the changing regulatory environment and understand the impacts to your businesses 

• Partner with business owners & data analysts to iterate and improve upon risk monitoring and reporting

• Synthesize data and perform analysis to bring valuable business insights to the assigned Card business

• Assess controls, and glean insights from issues and events in across business areas

• Design, implement, and/or influence internal governance processes including operational controls

• Connecting the dots of the changing strategic and operational priorities and risk environment and partnering with the risk advisors and business to understand the impacts & establish mitigation strategies

• Partner with internal customers to provide strategic and tactical thought partnership to effectively drive project delivery

• Demonstrate outstanding communication and partnership skills which are essential for interacting and communicating with key stakeholders across all levels to manage, inform, and influence outcomes

• Supporting, partnering and interacting with internal business clients in many forms such as advisor, project manager, or performer

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 demonstrate strong organizational agility to adapt to changing demands and divergent priorities

• You do the right thing and lead by example. You have a passion for coaching and investing in the betterment of the team 

• You have strong problem solving and influencing skills

Basic Qualifications:

• High School Diploma

• At least 1 year of risk management or compliance experience 

• At least 2 years of project or process management experience

• At least 2 years of experience supporting, partnering, and interacting with internal business clients

Preferred Qualifications:

• Bachelor's Degree

• 2+ years of experience facilitating and conducting Risk Assessments

• 1+ years of experience developing presentations for senior stakeholders 

• 1+ years of experience reporting and analyzing data

• 2+ years of financial services or risk management experience

• 3+ years of project or process management experience

• 3+ years of experience supporting, partnering, and interacting with internal business clients

• Professional certifications within risk management or assurance (Certified Risk Management Professional, Certified Internal Auditor). 

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.

Chicago, IL: $106,700 - $121,700 for Principal Risk Specialist

McLean, VA: $117,300 - $133,900 for Principal Risk Specialist

Richmond, VA: $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).