Principal Business Risk Control Specialist

Capital One • McLean, VA

98d • $117,300 - $133,900

About The Position

The Principal Business Risk Control Specialist is responsible for performing business compliance and operational risk and control activities. Educating and training the business to ensure compliance with regulations. Evaluating current operations across the business to identify areas for enhancements. Partnering with the business to implement processes. Actively managing and escalating risk and customer-impacting issues within the day-to-day role to management. Provides education and monitors the business on requirements of company policies and standards related to risk and control ownership. Develops and implements job aids and tools to facilitate efficient completion of policy and standard requirements. Identifies and implements effective controls to manage operational, financial, and compliance risks. Maintains an accurate library of risks and controls. Performs control design reviews and compliance risk assessments. Monitor the risk and control environment for weaknesses and identify solutions to improve the effectiveness and efficiency of controls. Executes control testing plans. Creates and distributes monthly risk reporting and complaints data. Leads customer complaint remediation projects. Leads the completion of projects. Develops, implements, and administers control standardization and workflow solutions. Creates continuous monitoring exception reports for critical business processes.

Requirements

• Bachelor's Degree.
• At least 4 years of Financial services, Marketing, Compliance, Internal Audit Operations or Vendor Management experience.
• At least 3 years of experience supporting, partnering and interacting with internal business clients.

Nice To Haves

• At least 6 years of Financial services, Compliance, Internal Audit Operations or Vendor Management Experience.
• At least 3 years of Project Management experience leading cross functional projects and programs in Risk.

Responsibilities

• Perform business compliance and operational risk and control activities.
• Educate and train the business to ensure compliance with regulations.
• Evaluate current operations across the business to identify areas for enhancements.
• Partner with the business to implement processes.
• Manage and escalate risk and customer-impacting issues to management.
• Monitor the business on requirements of company policies and standards related to risk and control ownership.
• Develop and implement job aids and tools for policy and standard requirements.
• Identify and implement effective controls to manage operational, financial, and compliance risks.
• Maintain an accurate library of risks and controls.
• Perform control design reviews and compliance risk assessments.
• Monitor the risk and control environment for weaknesses.
• Execute control testing plans.
• Create and distribute monthly risk reporting and complaints data.
• Lead customer complaint remediation projects.
• Lead the completion of projects.
• Develop, implement, and administer control standardization and workflow solutions.
• Create continuous monitoring exception reports for critical business processes.

Benefits

• Comprehensive health benefits.
• Financial benefits including performance-based incentive compensation.
• Inclusive set of benefits that support total well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree