Principal Risk Specialist | Retail Bank
Capital One
Principal Risk Specialist | Retail Bank
Job Description
Overview
We’re looking for a strategic, forward thinking Principal Risk Specialist for our Retail Risk Office Control Testing Program, supporting Retail Bank and Premium Products + Shopping business divisions. In this role, you will use your strong communication, analytical and problem solving skills to help deliver on our first line controls testing program. You’ll need a well developed risk and control mindset, strong judgment, and the ability to influence priorities across the Lines of Defense teams to execute on a strong testing program while helping to effectively manage capacity. As part of this horizontal 1st Line risk management function, this associate will also have the unique opportunity to become a subject matter expert in the processes and controls across specific business areas within our Retail Bank , Premium Products, Capital One Shopping and Enterprise Payments organization. Day-to-day, this associate will be working with Business and Risk stakeholders to assess the design and operations of relevant control activities (i.e., 1st Line control testing), perform audit and certain regulatory remediation validations, as well as support other controls related consultation and improvement initiatives. This could include working with other 1st Line risk management professionals to help define and update control designs within the relevant systems of records.As a Principal Risk Specialist, you will:
Collaborate with business Process Owners and Risk Advisors to assess control activities and recommend control enhancements as needed.
Review and analyze complex business and certain technology processes to assess the current risk and control environment for potential control updates.
Engage and advise our business and risk partners on how to design effective controls in our control environment related to business risks in addition to regulatory and internal policy requirements.
Identify and assist with remediation of identified gaps in our control environment due to regulatory and internal policy updates.
Explore and collaborate with business and risk office partners in root cause analysis for ineffective control results.
Contribute to reporting necessary to inform the Accountable Executives and other key stakeholders on the status of control suite effectiveness and issue remediation.
Perform quality reviews and assessments on control testing results.
Validate the effectiveness of remediation efforts for issues generated from Audits, Regulatory Exams, and various other assessments.
Engage with our Risk Office and business partners on how to design and document effective controls in our control environment related to business risks in addition to regulatory and internal policy requirements.
Advise and assist with remediation of identified gaps in our control environment due to regulatory and internal policy updates.
Possess solid verbal and written communication skills to communicate effectively and present to a range of Risk Office, business and functional stakeholder groups.
Apply sound inquiry and analysis to make recommendations and decisions.
Be intellectually curious to question the obvious, explore options, and develop alternatives.
At least 2 years of experience in Control Testing or Risk Management
At least 2 years of Financial Services, Audit, or Risk Management experience
At least 2 years of experience supporting, partnering and interacting with internal business clients
3+ years of experience in Project or Process Management
3+ year of experience in Controls Testing or Risk Management
1+ year of experience in Change Management
3+ years of experience supporting, partnering and interacting with internal business clients
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.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.comCapital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Locations
- McLean, Virginia, United States
- Richmond, Virginia McLean, VirginiaRichmond
Salary
45,000 - 80,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Control testingintermediate
- Risk managementintermediate
- Stakeholder collaborationintermediate
- Analytical problem solvingintermediate
- Communication skillsintermediate
- Root cause analysisintermediate
Required Qualifications
- At least 2 years of experience in Control Testing or Risk Management (experience)
- At least 2 years of Financial Services, Audit, or Risk Management experience (experience)
- At least 2 years of experience supporting internal business clients (experience)
Responsibilities
- Collaborate with Process Owners and Risk Advisors to assess controls
- Review business and technology processes for risk and control environment
- Advise on designing effective controls for business risks and regulations
- Identify and remediate control gaps from regulatory updates
- Perform root cause analysis for ineffective controls
- Validate remediation efforts for audits and regulatory exams
Benefits
- general: Comprehensive health benefits
- general: Financial benefits
- general: Other benefits supporting total well-being
Answer 10 quick questions to check your fit for Principal Risk Specialist | Retail Bank @ Capital One.
Related Books and Jobs
Principal Risk Specialist | Retail Bank
Capital One
Principal Risk Specialist | Retail Bank
Job Description
Overview
We’re looking for a strategic, forward thinking Principal Risk Specialist for our Retail Risk Office Control Testing Program, supporting Retail Bank and Premium Products + Shopping business divisions. In this role, you will use your strong communication, analytical and problem solving skills to help deliver on our first line controls testing program. You’ll need a well developed risk and control mindset, strong judgment, and the ability to influence priorities across the Lines of Defense teams to execute on a strong testing program while helping to effectively manage capacity. As part of this horizontal 1st Line risk management function, this associate will also have the unique opportunity to become a subject matter expert in the processes and controls across specific business areas within our Retail Bank , Premium Products, Capital One Shopping and Enterprise Payments organization. Day-to-day, this associate will be working with Business and Risk stakeholders to assess the design and operations of relevant control activities (i.e., 1st Line control testing), perform audit and certain regulatory remediation validations, as well as support other controls related consultation and improvement initiatives. This could include working with other 1st Line risk management professionals to help define and update control designs within the relevant systems of records.As a Principal Risk Specialist, you will:
Collaborate with business Process Owners and Risk Advisors to assess control activities and recommend control enhancements as needed.
Review and analyze complex business and certain technology processes to assess the current risk and control environment for potential control updates.
Engage and advise our business and risk partners on how to design effective controls in our control environment related to business risks in addition to regulatory and internal policy requirements.
Identify and assist with remediation of identified gaps in our control environment due to regulatory and internal policy updates.
Explore and collaborate with business and risk office partners in root cause analysis for ineffective control results.
Contribute to reporting necessary to inform the Accountable Executives and other key stakeholders on the status of control suite effectiveness and issue remediation.
Perform quality reviews and assessments on control testing results.
Validate the effectiveness of remediation efforts for issues generated from Audits, Regulatory Exams, and various other assessments.
Engage with our Risk Office and business partners on how to design and document effective controls in our control environment related to business risks in addition to regulatory and internal policy requirements.
Advise and assist with remediation of identified gaps in our control environment due to regulatory and internal policy updates.
Possess solid verbal and written communication skills to communicate effectively and present to a range of Risk Office, business and functional stakeholder groups.
Apply sound inquiry and analysis to make recommendations and decisions.
Be intellectually curious to question the obvious, explore options, and develop alternatives.
At least 2 years of experience in Control Testing or Risk Management
At least 2 years of Financial Services, Audit, or Risk Management experience
At least 2 years of experience supporting, partnering and interacting with internal business clients
3+ years of experience in Project or Process Management
3+ year of experience in Controls Testing or Risk Management
1+ year of experience in Change Management
3+ years of experience supporting, partnering and interacting with internal business clients
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.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.comCapital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Locations
- McLean, Virginia, United States
- Richmond, Virginia McLean, VirginiaRichmond
Salary
45,000 - 80,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Control testingintermediate
- Risk managementintermediate
- Stakeholder collaborationintermediate
- Analytical problem solvingintermediate
- Communication skillsintermediate
- Root cause analysisintermediate
Required Qualifications
- At least 2 years of experience in Control Testing or Risk Management (experience)
- At least 2 years of Financial Services, Audit, or Risk Management experience (experience)
- At least 2 years of experience supporting internal business clients (experience)
Responsibilities
- Collaborate with Process Owners and Risk Advisors to assess controls
- Review business and technology processes for risk and control environment
- Advise on designing effective controls for business risks and regulations
- Identify and remediate control gaps from regulatory updates
- Perform root cause analysis for ineffective controls
- Validate remediation efforts for audits and regulatory exams
Benefits
- general: Comprehensive health benefits
- general: Financial benefits
- general: Other benefits supporting total well-being
Answer 10 quick questions to check your fit for Principal Risk Specialist | Retail Bank @ Capital One.
Related Books and Jobs