Senior Associate, Risk Management - Credit and Financial Risk Management

Capital One • McLean, VA

3d

About The Position

The Credit and Financial Risk Management (CFRM) Risk Office is seeking a highly motivated Sr. Associate, Risk Manager ready to apply their analytical, risk, communication, and project management skills. In this role you will contribute to CFRM’s overarching risk management strategy by supporting facilitation of risk assessments, guiding our business partners through audits, providing counsel and thought leadership, and driving execution. You will also be responsible for helping identify, track, and report on trends for issues related to CFRM’s governance and oversight processes. As a key partner, you will work with the various leaders across CFRM and the Business Units. Through your work, you will gain a broad, general understanding of how Capital One manages model, data, and technology risks. You will also gain deeper knowledge in the specific areas of CFRM risk management focus, including credit risk, market and liquidity risk, and model risk. At the same time, you will exercise your skills in analytic rigor, problem solving, and strategic thinking. Our ideal candidate will be a self motivated risk professional with excellent analytical, organizational, and communication skills.

Requirements

• Self-starter with a background in risk management or risk governance
• Understanding of banking activities and the three lines of defense framework
• Effective verbal and written communication skills, including the ability to prepare presentation materials
• Aptitude for synthesizing complex issues into a clear and concise summary
• Keen attention to detail
• Proactive and results-oriented
• Independent problem-solver with ability to navigate ambiguity
• Ability to establish credibility, trust, and support within all levels of the organization
• Willing to learn, adapts easily to change, and confident with diverse thinking
• Knowledge and experience using Google Workspace (e.g., Sheets, Slides, Docs)
• Bachelor’s degree or military experience
• At least 2 years of experience consulting, auditing, or working in the fields of model and data, or risk management

Nice To Haves

• 3+ years experience with one or more of the following: consulting, auditing, or working in the fields of model and data, or risk management
• 2+ years experience interacting or engaging with internal audit or federal regulators
• Experience in a second-line or oversight role at a financial institution or regulatory agency
• Excellent written and verbal communication

Responsibilities

• Understand CFRM’s strategy and contribute to its evolution over time; understand how CFRM executes its responsibilities and help CFRM effectively communicate those activities
• Assist in managing internal audits from the side of the Auditee for audits impacting CFRM
• Assist in facilitating risk assessments and related activities (Critical Business Process Identification, Process Level Assessments, Risk and Control Self-Assessments, Control Testing etc), which include providing advice, challenge, and driving outcomes
• Build an understanding of the changing regulatory environment and understand the impacts to overall Risk Management within CFRM
• Leverage industry benchmarking and best practices to provide thought leadership and guidance to executives and their teams on sound risk management practices
• Analyze data to proactively identify risks, trends, and process improvements
• Effectively collaborate with CFRM Risk Advisors, business stakeholders and other risk management professionals across all three lines of defense (e.g. Business Risk Office Partners; Audit; Enterprise Risk Management (ERM)) through various risk programs and engagements
• Monitor issue remediation, tracking, and closure
• Assist in execution of special projects and engagements in collaboration with the overall Risk Management Team and Leadership

Benefits

• 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.
• Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.

What This Job Offers

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