Principal Associate Risk Advisor

Principal Associate Risk Advisor As a Principal Associate Risk Advisor in Capital One’s Operational Risk Management (ORM) Department you will apply your analytical, organizational, risk management, project management, and communication skills to  help advance Capital One’s capabilities to effectively manage operational risk. A successful Risk Advisor operates from a foundation of knowledge about the Line of Business with whom they are working, including processes, risks and associated controls, and good risk management practices.

Risk Advisors have a broad level of exposure across the lines of business and have the opportunity to work with the business to create and implement solutions to appropriately manage risks within the business divisions.

As an Operational Risk Advisor, you will be responsible for working with business partners to identify and consult on potential risks to the business units. You will collaborate closely with associates across all lines of defense, business units, and other risk management teams to perform and support the work related to further maturing risk management practices. Operational Principal Associate Risk Advisors Risk Advisors are experienced risk managers that serve as the liaisons between ORM and the business divisions.

Responsibilities:
* Provide 2nd line effective challenge and advice to the 1st line on their execution of various risk assessment processes, including Risk and Control Self Assessments (RCSA), Process Level Assessments (PLA), Product Risk Assessment (PRA), Launch initiatives and others
* Ensure results of effective challenge activities are properly documented and communicated, and perform detailed data analysis to identify risks, problem areas, and development/completion of remediation plans
* Serve as subject matter expert to Business Risk Office (BRO) and Independent Risk Management (IRM) functions in the assessment of operational risk
* Collaborate effectively across multiple organizations such as Operational Risk Management, Risk Oversight Programs, Enterprise Risk Management, Business Risk Offices, Internal Audit etc. to achieve objectives
* Build relationships and become a trusted advisor to the first line Business Risk Office
* Actively participates in team oriented efforts to advance the mission of the ORM function
* Be proficient in Enterprise Risk Management’s Risk and Control Standards

Basic Qualifications:

* Bachelor's Degree or military experience
* At least 3 years of risk management experience in first, second, or third line of defense

Preferred Qualifications:

* Master’s Degree in Business Management, Information Technology, Accounting, or Economics
* 4+ years of risk management experience within financial services
* 4+ years of risk management, compliance or legal oversight experience with a payments network
* 5+ years of Project/Program Management experience leading cross functional programs in Risk
* Experience with payments network operational processes
* Experience creating presentations with PowerPoint or Google Slides
* Internal Risk management certification such as:
Certified Third-Party Risk Professional (CTPRP), ABA Operational Risk Management At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

McLean, VA: $117,300 - $133,900 for Principal Risk Specialist Richmond, VA: $106,700 - $121,700 for Principal Risk Specialist Riverwoods, IL: $106,700 - $121,700 for Principal Risk Specialist Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

This role is also eligible to earn performance…