Principal, Risk Specialist

Capital One • Chicago, IL

2d

About The Position

The Risk Specialist is responsible for performing business compliance and operational risk and control activities. They are also responsible for educating and training the business to ensure compliance with regulations. They will also evaluate current operations across the business to identify areas for enhancements. They will serve also as partners with the business to implement processes.

Requirements

• Bachelor's Degree
• At least 4 years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations or Vendor Management

Nice To Haves

• 6+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations, Vendor Management areas, Operational and Regulatory risk.
• Payments/Financial industry experience
• Excellent presentation skills

Responsibilities

• Apply risk framework to Participant obligations contained in Network operating regulations
• Review legal and commercial documents to understand the Participant’s activity, structure and associated risk
• Manage escalations to ensure they follow appropriate governance, supporting the business with applicable remediation tasks
• Act as a subject matter expert for internal stakeholders
• 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.
• Monitors the risk and control environment for weaknesses and identifies solutions to improve the effectiveness and efficiency of controls.
• Assist with completion of projects and develops, implements, and administers control standardization and workflow solutions.
• Creates continual monitoring exception reports for critical business processes.
• Works as a liaison between Payments Risk and partners such as Operational Risk, Internal Audit, Third Party Risk Management, etc.

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