Principal Associate, Operational Risk Management, Third Party Risk Manager (TPRM)

Capital One is seeking a Principal Associate to join the Third Party Risk Management (TPRM) Team within the Operational Risk Management (ORM) second line of defense.

The successful candidate will play a critical role in driving the strategy, integrity, and continuous improvement of the Third Party Risk Management Framework across the enterprise.

Responsibilities:

• Support Framework and Policy Governance: Support the enterprise TPRM policies and standards across the full lifecycle.
• Drive Risk Oversight Programs: Lead the execution of the annual TPRM Risk Oversight Program Self-Assessment and Process Criticality Assessments.
• Act as an Internal SME: Serve as the primary subject matter expert on TPRM requirement applicability.
• Manage Issue Remediation: Own and lead the end-to-end remediation of TPRM-related risk issues.
• Maintain Taxonomies and Diagnostics: Shape and maintain the TPRM Risk Taxonomies and Process Diagnostic guidance.
• Support Audits and Exams: Act as a key partner and facilitator for relevant first-line and second-line audits.
• Ensure Mandate Compliance: Support Designated Mandate Owners (DMO) with rigorous requirement fulfillment.
• International TPRM Requirements: Serve as the primary point of contact and expert in the applicability of international TPRM requirements.

Basic Qualifications:

• Bachelor's Degree or military experience.
• At least 3 years of experience in Operational Risk Management, Third-Party Risk Management, Compliance, or Audit.
• At least 2 years of experience in process management governance.

Preferred Qualifications:

• 4+ years of experience in a dedicated Third-Party Risk Management (TPRM) role.
• 3+ years of experience in Process Management or Project Management.
• Proven track record of leading risk remediation efforts.
• Excellent written and verbal communication skills.

The minimum and maximum full-time annual salaries for this role are: McLean, VA: $120,800 - $137,900 Richmond, VA: $109,900 - $125,400