Sr. Risk Associate, Commercial Bank

Capital One • McLean, VA

2d • Hybrid

About The Position

The Sr. Risk Associate works within Capital One’s Commercial Bank Risk Office as a member of the Controls Team. The role partners with designated Commercial Bank business teams to identify opportunities to strengthen controls and reduce business risk. It involves identifying, assessing, mitigating, and monitoring compliance and operational controls, while developing lasting partnerships and contributing thought leadership in a dynamic, changing business environment.

The role relies on collaboration with cross-functional teams, analysis of data, and the development and improvement of control processes. The successful candidate applies compliance and operational risk management frameworks, supports controls monitoring and related deliverables, and connects control results to inherent risks to drive sustainable corrective actions. This position is hybrid and subject to Capital One’s policy on required on-site presence at the designated office location.

Requirements

• Bachelor’s degree or military experience.
• At least 2 years of Financial Services or Risk Management experience.
• Strong written and oral communication skills, including the ability to explain complex risk concepts and influence stakeholders.
• Ability to achieve goals, execute an agenda in a fluid environment, and maintain ownership of deliverables.
• Analytical and operational knowledge for designing, developing, and implementing compliance and controls-monitoring strategies.
• Skill in risk assessment and familiarity with control testing, regulatory testing, and financial control testing.
• Strategic and analytical orientation, with demonstrated decision-making and problem-solving ability.
• Strong critical thinking, judgment, and integrity.
• Self-directed, highly motivated approach and attention to detail.

Nice To Haves

• At least 3 years of Audit, Compliance, or Operational Risk Management experience.
• At least 3 years of quality assurance or quality assurance testing experience.
• Process improvement experience.
• High proficiency creating and maintaining information in Microsoft Office (PowerPoint, Excel, and Word) or Google Suite (Slides, Sheets, and Docs).
• Risk Management Certification.

Responsibilities

• Work with designated Commercial Bank business teams to uncover opportunities to strengthen controls and reduce business risks.
• Identify, assess, mitigate, and monitor compliance and operational controls.
• Collaborate with cross-functional teams to develop strategies for building and improving control processes and analyze data.
• Design, develop, implement, and monitor compliance and controls-monitoring strategies.
• Ensure controls monitoring and deliverables are completed according to guidelines.
• Review work products for accuracy, quality, attention to detail, and overall value.
• Apply risk assessment skills and familiarity with control testing, regulatory testing, and financial control testing.
• Connect control results to inherent risks and drive sustainable corrective actions.
• Communicate complex risk concepts clearly and concisely, influence others, and drive agreement across lines of defense.
• Pursue short- and long-term goals and execute an agenda in a fluid environment.

Benefits

• Comprehensive health, financial, and other benefits supporting total well-being.
• 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: Mid Level