Counterparty Risk Analyst Principal Associate

Capital One • McLean, VA

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About The Position

As a Principal Risk Associate at Capital One you’ll be responsible for working with business partners to identify and mitigate potential risks to Capital One. A Principal Risk Associate is responsible for the independent identification and management of counterparty credit risk of new and existing Payment Services partner relationships across the Global Payments Network including key Acquirers, Issuers, Networks, Processors, Merchants, and other business partners.

Requirements

• Bachelors Degree or military experience
• At least 2 years of Financial Services Counterparty Risk experience
• At least 2 years of credit or financial analysis experience

Nice To Haves

• Bachelors Degree in Finance or Accounting
• Experience reviewing financial statements
• Experience with Excel or Google Sheet
• Payments industry experience

Responsibilities

• Analyzes portfolio of assigned partners for financial stability utilizing detailed financial statement analysis for both US domestic and International partners
• Analyzes new business processes and products to identify where direct and indirect financial risk is present in the transaction flow and recommend strategies to mitigate the risk
• Innovate, close gaps, streamline processes and assist with projects both internal to the team and within Risk
• Provide training and guidance to less experienced team members
• Provide support to team members on partner facing calls.
• Sets strategy and leads mitigation discussions through relationship lifecycle, including due diligence, collections, and bankruptcy
• Collection and follow up to request financial statements for all partners in the assigned portfolio

Benefits

• 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 the Capital One Careers website.
• Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level