Senior Associate, Risk Management (Credit Card Intent)

Capital One•McLean, VA

20d

About The Position

Senior Associate, Risk Management (Credit Card Intent) This role will be responsible for analyzing customer transactions to confirm whether the customers received the correct credit decisioning. The Senior Associate will perform this analysis by comparing customer transaction data, provided by Data Analysts, against the documented credit policies and determining if the customers were appropriately approved or declined, based on the documentation. The Senior Associate will summarize the results, including issues with data and credit policy documentation, and any key themes or insights for leadership. This role is a critical element of the first-line risk management framework that monitors execution of credit policy, ensures accurate documentation of policy, and prevents potential customer and business losses. The ideal candidate is someone who loves to learn, appreciates the intersection of business and risk and excels at collaborating with diverse stakeholders. Responsibilities will include but may not be limited to: Perform testing of applications, line increase decisions, authorizations, etc. to determine if intent met execution based on documented credit policy Manage testing schedules to ensure all tasks and reporting are completed within established timelines Analyze data from multiple sources and document the work including drafting testing issues and results Establish and maintain strong relationships with Business Teams, Data Providers, and Risk Partners Identify and execute new testing strategies to enable efficiency Escalate issues with direct team and support remediation efforts Communicate testing results to Credit Officers, and other senior management Support the production of management reports on intent documentation gaps, testing results, and remediation plans Support internal assessments conducted by Credit Risk Management, Credit Review, and external regulatory exams Participate in and execute other special projects for the team on ad-hoc basis

Requirements

High School Diploma, GED or equivalent certification
At least 1 year of experience in Transaction Testing, Compliance Testing, Risk Management, or Project Management
At least 1 year working with Microsoft Excel or Google Sheets

Nice To Haves

2+ years of experience in Transaction Testing, Compliance Testing, or Risk Management
2+ years working with Microsoft Excel or Google Sheets
1+ years of experience in financial services
Bachelor's Degree in Business or a quantitative field

Responsibilities

Perform testing of applications, line increase decisions, authorizations, etc. to determine if intent met execution based on documented credit policy
Manage testing schedules to ensure all tasks and reporting are completed within established timelines
Analyze data from multiple sources and document the work including drafting testing issues and results
Establish and maintain strong relationships with Business Teams, Data Providers, and Risk Partners
Identify and execute new testing strategies to enable efficiency
Escalate issues with direct team and support remediation efforts
Communicate testing results to Credit Officers, and other senior management
Support the production of management reports on intent documentation gaps, testing results, and remediation plans
Support internal assessments conducted by Credit Risk Management, Credit Review, and external regulatory exams
Participate in and execute other special projects for the team on ad-hoc basis