Principal Associate - Finance Risk Management

Capital One • McLean, VA

22h

About The Position

Principal Associate - Finance Risk Management Capital One is seeking a motivated professional for a Principal Analyst position within the Finance Risk Management (FRM) team. FRM associates are engaged and insightful risk management partners working across the Finance organization to execute robust and proactive risk management programs, improve effectiveness and efficiency of operation while reducing risk and influencing risk stakeholders, risk offices, compliance, internal audit, and regulators. FRM strives to enable a strong culture of risk management across Finance that is adaptable to a changing environment. A successful candidate for this role will have strong critical thinking and analytical skills, be a proactive problem solver with the ability to operate in white space, and have strong communication and presentation skills with the ability to clearly articulate complex topics both orally and written to a wide variety of audiences. The candidate should be a well-organized, self-starter who is comfortable functioning autonomously, taking end-to-end ownership of work streams, ensuring all deliverables are completed timely, and leveraging their subject matter knowledge to synthesize all available information to influence our partners to make grounded, risk-based decisions.

Requirements

• Bachelor's degree or Military experience
• At least 3 years experience in Financial Risk Management, Project Management, Regulatory Compliance, or a combination

Nice To Haves

• Master's Degree in Business Administration, Finance, Accounting, or Economics
• Certified Public Accountant license (CPA), Chartered Financial Analyst license (CFA), or Financial Risk Manager certification (FRM)
• 5+ years of experience in Finance Risk Management, Financial Planning & Analysis, Capital Markets functions, or a combination
• 5+ years of experience in Audit, Compliance, Risk Management or Project Management, or a combination
• 3+ years of experience in the Financial Services industry
• Experience with finance-related risk diagnostic analysis
• Experience with Google Suite, Tableau, Google Data Studio, Process flow chart software, Workiva, OpenPages

Responsibilities

• Support the Financial Planning and Analysis teams/processes as primary Risk Advisor, to include all associated risk management activities, analysis, effective challenge and advocacy, and facilitation of regular cadenced touchpoints with teammembers
• Build and maintain strong relationships with and provide risk guidance to our Financial Analysis and Planning business partner teams in Finance and other partner teams
• Collaborate with partner teams on issues and events investigation, root cause analysis and suggested remediation actions for teams/programs supported and provide guidance in remediating process breakdowns through problem solving and connecting the dots to engage proper stakeholders
• Assist business partners in preparation for and facilitate the execution of internal audits and regulatory exams, consult on management responses to issues, monitor timeliness of remediation and closure, and influence communication and interaction model with auditors and examiners
• Support the design and implementation of controls in order to adequately mitigate risks and/or address regulatory requirements
• Support and facilitate Process Level Risk Assessments across business partner teams
• Provide risk advisory support major projects and initiatives across various FP&A functions and horizontally across Finance
• Partner closely with 1st line business teams (Controller’s organization, Corporate Planning) as well as 2nd line oversight (e.g. Enterprise Risk Management, Operational Risk Management and Corporate Compliance teams) to provide tailored risk support for various initiatives and projects
• Support the Regulatory Change Management process cross-functionally for FP&A, ensuring proper socialization and careful consideration has been given to applicability and potential impacts
• Collaborate with peer Risk Advisor providing risk advisory support to international FP&A functions
• Facilitate collaboration and drive enhanced communication and socialization protocols with our SOX risk partners
• Communicate effectively with and provide sufficient awareness and transparency to FP&A and FRM leadership on initiatives and BAU workstreams
• Develop and maintain documentation to include procedures and presentation materials
• Create and maintain formal process documents (e.g., procedures, diagrams/process flows, etc.)
• Collaborate with broader horizontal FRM partner teams to provide risk analysis, insights and reporting metrics

Benefits

• 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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees