Sr. Risk Associate

Overview

West Creek 7 (12077), United States of America, Richmond, Virginia

Sr. Risk Associate

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 Frameworks and Assessment  practice within the Commercial Risk Office and will play a critical part in the evolution of our strategic approach to risk management. The Risk Frameworks and Assessment team is responsible for the design and execution of the overall Commercial Risk Evaluation Program (through Risk and Control Self Assessments i.e “RCSAs”) and works in partnership with all lines of defense. This role sits within the 1st line of defense but has numerous workstreams involving 1st, 2nd and 3rd line partners.

The ideal candidate brings an entrepreneurial spirit and a drive to achieve results.  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 for continuous improvement, this may be the role for you.

The Risk Framework Specialist is a high-impact performer who will provide direct support to the team manager, 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 with Credit, Fraud, Payments, Tech/Cyber to support assessments and create leading-edge solutions

• Perform assessments on the Commercial Division and it’s lines of business while coordinating with vertical risk advisors to understand and challenge the key risks specific to the Commercial business and it’s supporting lines of business

• 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 2 years of experience in financial services

• At least 1 year of project management experience

Preferred Qualifications:

• 1+ years of experience supporting a commercial bank 

• PMP, Lean, Agile or Six Sigma certification

• 3+ years of experience in a risk related role (audit, 1st line, 2nd line)

****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 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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable 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

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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).