Capital One Principal Associate, Risk and Governance in McLean, Virginia
McLean 1 (19050), United States of America, McLean, Virginia
At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.
Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.
Principal Associate, Risk and Governance
As a Principal Risk Associate you will have responsibility for partnering with associates within and outside the Risk Management community to ensure effective risk management and to provide insights to leaders across the Controllers organization, as we seek to make risk management a competitive advantage. You will have the opportunity to lead in a Risk role, partnering with Finance leadership, 2nd line Risk Offices and process owners while gaining exposure to multiple business units across the Controllers organization. You will also learn more about Enterprise Risk Management and Control Programs so that you will be able to lead and implement risk and control tools, techniques, and frameworks for the Controllers organization. This includes assistance in proactive identification and assessment of potential risks and issues, providing context and problem solving advice to process owners and leadership to improve risk management, and working closely with teams, Audit, and process owners to ensure that practices align with applicable compliance, regulatory requirements and expectations.
Job responsibilities include (but are not limited to):
Engage, inform, and influence Accountable Executives (AE) and Process Owners through interactions addressing; risk metrics, emerging risks, internal audit, regulatory exams and upcoming requests/deliverables
Manage Issues and Events in the system of record for process breakdowns occurring in the AE’s domain
Serve as a point of contact for AEs for effective challenge and consultation on:
Operational readiness for new initiatives
Other risk management activities; including Policies, Standards, and Procedures, Business Continuity Plans, End User Computing (EUC), and Enterprise Regulatory Reporting (ERR)
Interact with the Finance Risk Office on Internal Audit preparation work
Provide effective challenge and oversight of management responses, and remediation of findings, in addition to ongoing engagement monitoring
Review of requirements and controls
Participate in Risk and Controls Self-Assessments, focusing on identification of potential blind spots and proactive risk management
Partnership with peers and working with process owners to ensure all risk management Control Program requirements are managed and up- to- date
Involve in projects that are leveraging automation to improve processes and functions
Adapt to changing technology and data transformation efforts to drive efficiency in the risk management space
Bachelor’s Degree or military experience
At least 3 years’ work experience in a Finance, or Compliance/Risk, or Audit role
5+ years’ Banking industry experience within Compliance, Audit, Legal, or Risk Management
Strong track record of building relationships and establishing effective processes to address complex issues
Knowledge of Accounting and Finance processes and practices
Master’s Degree or CPA
Risk Management or Audit Certification
At this time, Capital One will not authorize sponsorship for a new applicant for this position.