Principal Risk Associate, Enterprise Payments Risk Management

Capital One • McLean, VA

2d

About The Position

Principal Risk Associate, Enterprise Payments Risk Management Do you want to be part of an organization that’s dedicated to helping Capital One identify, manage and effectively mitigate risk – for our customers, our communities and our associates? As part of Operational Risk Management (ORM), you’ll work with talented associates to provide oversight and effective challenge to ensure that our business partners are adequately managing risk when initiating and processing payments (e.g. ACH, Wire Transfers, checks, etc.). You’ll also bring your unique perspective and experiences to help us be rigorous, curious, and creative. Successful Principal Risk Specialists have a natural passion for managing risk with excellent project, process, and analytical skills. Principal Risk Associates partner with first- and second-line partners in an open, collaborative environment where new ideas and solutions are both welcomed and rewarded. The ideal candidate will bring a big picture perspective and have a high degree of autonomy within their daily work.

Requirements

• Bachelors’ Degree or military experience
• At least 3 years of experience in a first-line or second-line risk management role supporting payments processes or at least 3 years of experience conducting payments audits in a financial institution environment.

Nice To Haves

• 4+ years of experience with ACH payments or experience managing adherence to Nacha requirements.
• 4+ years of Financial Services risk management experience within the Payments Risk or Payment Operations domain, with experience in Nacha requirements and ACH processes.
• Certification within the payments industry (Accredited Payments Risk Professional (APRP), National Check Professional (NCP), Accredited ACH Professional (AAP), Accredited Faster Payments Professional (AFPP).
• Knowledge of payments operating rules (Nacha Operating Rules, Real Time Payments Operating Rules)
• Excellent communication abilities, both written and verbal

Responsibilities

• Provide Payments Risk consulting and effective challenge to business partners through ongoing risk assessment activities, engagement in payments-related initiatives and projects, and understanding of payments risks and activities, including ACH and Nacha requirements.
• Develop and leverage key relationships with cross-functional teams and key first line of defense contacts, providing advice and effective challenge, as required.
• Conduct Issue/Event analysis by observing trends and providing insights on changes to the Payments Risk environment across the enterprise.
• Demonstrates independent and adaptive problem-solving and analysis skills with attention to detail.
• Demonstrates strong communication, collaboration, problem solving and influencing skills across various levels of the organization.
• Manage tasks and activities related to risk management initiatives and reporting to support the Enterprise Payments Risk Management team in a well-managed capacity
• Research and identify external risk themes related to payments.

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: Principal
• Number of Employees: 5,001-10,000 employees