Senior Associate

Capital One • McLean, VA

4d • Hybrid

About The Position

The Credit and Financial Risk Management (CFRM) Risk Office is seeking a highly motivated risk professional to contribute to CFRM’s risk management strategy. The Senior Associate provides counsel and thought leadership and drives execution across risk assessments, audits, reporting, issue management, control optimization, and process-efficiency initiatives. The role identifies, tracks, and reports trends related to CFRM’s governance and oversight processes and partners with leaders across CFRM and business units.

The position offers broad exposure to how Capital One manages model, data, and technology risks, as well as deeper work in credit risk, market and liquidity risk, and model risk. The role requires analytical rigor, problem solving, strategic thinking, strong organization and communication, and the ability to work proactively in an evolving environment. This is a hybrid role, subject to Capital One’s hybrid policy and required on-site presence at the designated office location.

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.
• Proactive, self-motivated approach to business-as-usual execution and continuous improvement.
• Critical and analytical thinking, including the ability to synthesize complex issues into clear, concise summaries.
• Strong process-management and organizational skills, with attention to detail.
• Experience using Google Workspace, such as Sheets, Slides, and Docs.
• Effective verbal and written communication, including preparing clear presentation materials and advising business partners.
• Ability to solve problems independently and navigate ambiguity.
• Ability to establish credibility, trust, and support at all organizational levels.
• Willingness to learn, adapt to change, and engage confidently with diverse thinking.

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 that impact CFRM, from the auditee’s side.
• Assist in facilitating 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 on implementing control enhancements to improve risk controls.
• Build an understanding of the changing regulatory environment, analyze business-environment trends, and evaluate their impacts on risk management within CFRM.
• Use industry benchmarking, AI-powered tools, and best practices to automate workflows and drive continuous improvement across business-as-usual operations.
• Analyze data to proactively identify risks, trends, and process-management improvements.
• Oversee issue management by monitoring remediation, tracking, and closure across CFRM governance processes.
• 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 health, financial, and other benefits supporting total well-being; eligibility varies by employment status and management level.
• Eligible 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