Description
As a Senior Risk Associate in Network Credit Settlement Risk within the Global Payment Network division, you will apply your financial, quantitative, and risk assessment skills to safeguard Capital One's balance sheet against complex counterparty exposures.
You will team with a diverse team of Risk Professionals, Relationship Managers, Legal, and Operations teams to evaluate and manage risk for the Global Payment Network. You will work in a collaborative, fast-paced environment that values analytical rigor, encourages decision-making independence, promotes continuous learning, and rewards innovative risk-mitigation strategies.
Responsibilities:
- Perform comprehensive financial and credit risk assessments for new and existing counterparties to formulate internal risk ratings and risk mitigation strategies.
- Monitor and evaluate daily, intraday, and settlement exposures driven by card network settlement cycles.
- Design, negotiate, and manage dynamic risk-mitigation structures, including prefunding levels, reserves, Standby Letters of Credit, and parental guarantees to optimize client liquidity while protecting bank capital.
- Maintain continuous risk surveillance across the counterparty portfolio to detect Early Warning Indicators, track compliance covenants, and manage reporting waivers.
- Lead end-to-end credit review workflows, frame analytical hypotheses, scope operational feasibility for risk controls, and present clear risk recommendations to senior credit committees and regulatory examiners.
- Work closely with cross-functional colleagues across Capital One to align risk appetite with commercial growth, volume acquisition, and institutional profitability.
Requirements:
- Bachelor's Degree or Military experience
- At least 3 years of professional experience performing counterparty credit risk analysis, commercial credit underwriting, or financial institution analysis.
Preferred Qualifications:
- At least 4 years of experience evaluating global payment clearing mechanics, merchant acquiring risk, or settlement float dynamics.
- At least 4 years of experience with risk management platforms and credit databases such as Bloomberg, Capital IQ, or CreditRiskMonitor.
- At least 4 years of experience in business analysis or commercial credit underwriting within a large financial institution.
- Experience drafting executive-level credit memos and communicating financial analysis to senior management and internal stakeholders.
Salary: Chicago, IL: $87,700 - $100,100 for Sr. Risk Associate McLean, VA: $96,500 - $110,100 for Sr. Risk Associate Riverwoods, IL: $87,700 - $100,100 for Sr. Risk Associate
Benefits: Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.