Principal Risk Specialist - Operational Risk Challenge & Advisory

Capital One • McLean, VA

20h

About The Position

As a Principal Risk Specialist at Capital One, you will be responsible for working with business partners to identify and mitigate potential risks to Capital One, serving as a front line of defense to ensure the Company remains stable and profitable. Principal Risk Specialists in Operational Risk Challenge & Advisory (ORCA) are highly motivated 2nd line Risk Management professionals with excellent organizational and communication skills. They have a high level of exposure across lines of business and have the opportunity to create and implement innovative solutions to identify and mitigate potential risks to the Company. Capital One is building a leading information-based technology company, still founder-led by Chairman and Chief Executive Officer Richard Fairbank, on a mission to help customers succeed by bringing ingenuity, simplicity, and humanity to banking. The company measures its efforts by the success its customers enjoy and the advocacy they exhibit.

Requirements

• Bachelor’s Degree or military experience
• At least 2 years of experience in Risk Management, Audit, Finance, or Accounting

Nice To Haves

• Master's Degree
• 3+ years of experience in Risk Management, Audit, Finance, or Accounting
• 1+ years of experience in Process Management
• Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or Project Management Professional (PMP)
• Advanced skills in Google Sheets and Google Docs
• Advanced skills in data analysis and data visualization tools (Tableau)

Responsibilities

• Provide 2nd line effective challenge and advice to the 1st line on their execution of various risk assessment processes, including Risk and Control Self Assessments (RCSA), Process Level Assessments (PLA), Product Risk Assessment (PRA), Launch initiatives and others
• Ensure results of effective challenge activities are properly documented and communicated, and perform detailed data analysis to identify risks, problem areas, and development/completion of remediation plans
• Serve as subject matter expert to Business Risk Office (BRO) and Independent Risk Management (IRM) functions in the assessment of operational risk
• Collaborate effectively across multiple organizations such as Operational Risk Management, Risk Oversight Programs, Enterprise Risk Management, Business Risk Offices, Internal Audit etc. to achieve objectives
• Build relationships and become a trusted advisor to the first line Business Risk Offices
• Actively participates in team oriented efforts in Operational Risk Challenge and Advisory (ORCA)
• Be proficient in Enterprise Risk Management’s Risk and Control Standards

Benefits

• comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being
• performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI)

What This Job Offers

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