Principal Risk Associate

Capital One • McLean, VA

2d • $109,900 - $137,900 • Hybrid

About The Position

The Principal Risk Associate will help advance Business Cards & Payments (BC&P) operational strategy within the BC&P Operating Office, which supports alignment, velocity, resilience, and operational excellence. The role focuses on automation, artificial intelligence, regulatory compliance, and improving the maturity of operational processes and controls. The associate will partner with stakeholders to implement scalable, technology-forward solutions, promote adherence to well-managed practices, and identify and operationalize process improvements.

The ideal candidate is detail-oriented, innovative, and collaborative, with the ability to build relationships across cross-functional teams and champion process efficiency. They are comfortable working autonomously with minimal supervision, managing multiple priorities, and using data-driven insights to influence change in a dynamic environment. This position is based in McLean or Richmond, Virginia, with a hybrid work arrangement. The role is eligible for performance-based incentive compensation, which may include cash bonuses and/or long-term incentives.

Requirements

• Bachelor’s degree or military experience.
• At least 4 years of experience in Risk Management, Project Management, Process Management, Compliance, or Audit.
• At least 3 years of experience working with business and risk teams to drive cross-functional operational initiatives.

Nice To Haves

• 5 or more years of experience in Risk Management, Project Management, Process Management, Compliance, or Audit.
• Proven track record of transforming operational workflows and enhancing process maturity through automation, data-driven insights, and technology-led solutions.
• Demonstrated ability to navigate ambiguous environments and manage multiple priorities autonomously.
• Experience leveraging automation tools such as GenAI, workflow automation, or data visualization to transform operational workflows.

Responsibilities

• Work with the business to ensure processes and programs are properly implemented to comply with new regulatory laws, such as Dodd-Frank Section 1071.
• Partner with the GenAI Director to ensure a well-managed approach to GenAI across BC&P before and after implementation.
• Partner with key stakeholders to support efficient implementation of the LAUNCH change initiative for BC&P by monitoring and managing implementation, tracking progress, and adjusting as needed.
• Help lead automation, artificial intelligence, and other innovative approaches to elevate operational process maturity while ensuring regulatory compliance.
• Partner with stakeholders to implement scalable, technology-forward solutions and identify and operationalize process improvements.

Benefits

• Comprehensive health, financial, and other benefits supporting total well-being.
• Performance-based incentive compensation, which may include cash bonuses and/or long-term incentives.

What This Job Offers

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