Senior Associate

Capital One • McLean, VA

23h • Hybrid

About The Position

The Credit and Financial Risk Management (CFRM) Risk Office is seeking a motivated Senior Associate to contribute to its risk management strategy through risk assessments, audits, reporting, issue management, control optimization, and process-efficiency initiatives. The role identifies, tracks, and reports trends in issues related to CFRM governance and oversight processes, and partners with leaders across CFRM and business units. It offers exposure to Capital One’s model, data, and technology risks, as well as credit, liquidity, market, capital, and model risk.

Requirements

• Bachelor’s degree or military experience.
• At least 2 years of experience consulting, auditing, or working in model and data, or risk management.
• Understanding of banking activities and the three lines of defense framework.
• Strong analytical, critical-thinking, problem-solving, and strategic-thinking skills, including the ability to synthesize complex issues clearly and concisely.
• Strong process-management and organizational skills with attention to detail.
• Effective verbal and written communication skills, including preparing presentation materials and advising business partners.
• Ability to navigate ambiguity, work independently, and establish credibility and trust across organizational levels.
• Willingness to learn and adapt to change; confidence working with diverse perspectives.
• Knowledge and experience using Google Workspace, such as Sheets, Slides, and Docs.

Nice To Haves

• 3+ years of experience consulting, auditing, or working in model and data, or risk management.
• 2+ years of 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.
• Experience using AI-powered tools or automation to drive process efficiencies.
• Excellent written and verbal communication and organizational skills.

Responsibilities

• Understand CFRM’s strategy and contribute to its evolution.
• Understand how CFRM executes its responsibilities and help communicate those activities effectively.
• Assist in managing engagements, including internal audits affecting CFRM from the auditee perspective.
• Facilitate risk assessments and related activities, including Critical Business Process Identification, Process Level Assessments, Risk and Control Self-Assessments, and control testing; provide counsel, advice, and challenge, and drive outcomes.
• Provide thought leadership and guidance to business partners implementing control enhancements.
• Oversee issue management by monitoring remediation, tracking issues, and supporting closure across CFRM governance processes.
• Use industry benchmarking, AI-powered tools, and best practices to automate workflows and improve BAU operations continuously.
• Analyze data to identify risks, trends, and process-management improvements proactively.
• Build understanding of the changing regulatory environment, analyze business-environment trends, and evaluate their impact on risk management within CFRM.
• Collaborate with CFRM Risk Advisors, business stakeholders, and risk professionals across the three lines of defense, including Business Risk Office Partners, Audit, and Enterprise Risk Management.
• Assist with special projects and engagements in collaboration with the Risk Management Team and Leadership.

Benefits

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

What This Job Offers

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