Description
The Credit and Financial Risk Management (CFRM) Risk Office at Capital One is seeking a highly motivated Senior Associate to contribute to its overarching risk management strategy. You will provide counsel, thought leadership, and drive execution across risk assessments, audits, reporting, issue management, control optimization, and process efficiency initiatives. You will also identify, track, and report on trends for issues related to CFRM's governance and oversight processes.
As a key partner, you will work with various leaders across CFRM and the Business Units to gain a broad understanding of how Capital One manages model, data, and technology risks. You will also gain deeper knowledge in specific areas of CFRM risk management focus, including credit risk, market and liquidity risk, and model risk.
Responsibilities:
- Understand CFRM's strategy and contribute to its evolution over time
- Assist in managing engagements, including internal audits impacting CFRM
- Facilitate risk assessments and related activities, providing counsel and advice
- Provide thought leadership and guidance to business partners on implementing control enhancements
- Analyze the changing regulatory environment and evaluate its impact on Risk Management within CFRM
- Leverage industry benchmarking and best practices to automate workflows and drive continuous process improvements
- Analyze data to proactively identify risks, trends, and process management improvements
- Oversee issue management by monitoring issue remediation, tracking, and closure
- Collaborate with CFRM Risk Advisors, business stakeholders, and other risk management professionals
- Assist in execution of special projects and engagements
Desired Skills:
- Understanding of banking activities and the three lines of defense framework
- Proactive self-starter with critical and analytical thinking skills
- Strong process management and organizational skills with attention to detail
- Highly motivated and results-oriented with excellent verbal and written communication skills
- Experience using AI-powered tools or automation to drive process efficiencies
- Independent problem-solver with the ability to navigate ambiguity
- Ability to establish credibility, trust, and support within all levels of the organization
- Knowledge and experience using Google Workspace
Basic Qualifications:
- Bachelor's degree or military experience
- At least 2 years of experience consulting, auditing, or working in the fields of model and data, or risk management
Preferred Qualifications:
- 3+ years experience consulting, auditing, or working in the fields of model and data, or risk management
- 2+ years experience interacting or engaging with internal audit or federal regulators
- Experience in a second-line or oversight role at a financial institution or regulatory agency
This role is designated as a hybrid position, requiring adherence to Capital One's hybrid policy regarding required on-site presence at your designated office location.
The minimum and maximum full-time annual salaries for this role are $96,500 - $110,100 for Sr. Risk Associate in McLean, VA, and $87,700 - $100,100 for Sr. Risk Associate in Richmond, VA.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.