Capital One Financial Corporation

Principal Associate, Risk Consultant

Capital One Financial Corporation$108K — $124K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Passionate about risk management and problem-solving.
  • Experience in a heavily regulated industry in risk or project management.
  • At least 5 years of experience in a cross-functional environment.
  • Bachelor's degree (preferred).
  • CPA designation or risk management certification (preferred).
  • PMP certification (preferred).
  • Knowledge of risk management frameworks like ISO 31000 or COSO (preferred).

Responsibilities

  • Support risk assessments ensuring enterprise consistency and partner needs.
  • Develop sustainable risk processes that minimize partner effort and maximize value.
  • Collaborate with second line risk, audit, and legal teams to enhance assessments.
  • Link across business units to leverage precedents in assessments.
  • Act as a trusted risk advisor to executives and senior leaders.
  • Ensure assessments align with enterprise standards and expectations.
  • Build tools for effective and efficient risk assessment completion.

Benefits

  • Hybrid work environment with 3 days in the office.
  • One-time Work From Home allowance for a comfortable workspace.
  • Comprehensive family support coverage, including for spouses and dependents.
  • Mental health coverage up to $3000.
  • Tuition subsidies up to $5000 per year.
Full Job Description
161 Bay Street (93021), Canada, Toronto,Toronto, Ontario,

Principal Associate, Risk Consultant

About the Role 

As part of the Strategic Risk Defense (“SRD”) Team within Capital One’s Canada Card Risk Office, you will be joining a growing team of experienced, collaborative and forward-thinking risk management professionals. In this role, you will work with extended teams across Canada and the Enterprise to support and improve risk management processes.

Specifically, you will be facilitating some of the highest-stake changes in our business as you guide them through regulatory changes and process and new initiative risk assessments. You will partner with: Compliance experts to understand regulatory requirements and their impacts to Capital One Canada; business teams to determine updates to process controls to ensure we continue to deliver experiences aligned with customer and regulator expectations; and Enterprise partners to influence and help roll out iterations of our assessments to drive gains in efficiency while maintaining adherence with policy requirements.   

We aren’t looking for perfection, we are looking for passion.  We value diverse views and seek team members with a variety of backgrounds and experiences. If you are curious and eager to learn new things, enjoy relationship building, have a deep reverence for risk management, and love to have fun at work, this may be the role for you!   

Your Responsibilities: 

  • Supports risk assessments to ensure they meet enterprise needs for consistency while meeting our business partners’ needs for an approach that addresses their unique processes, products and tech

  • Develops sustainable Risk Processes, which put a premium on the time of business partners by to minimizing their effort while maximizing the value they get

  • Collaborates with second line Risk (e.g. ERM, ORM, Compliance/AML), Audit, Legal, and LOB Risk partners to support assessments and create leading-edge solutions

  • Draws linkages to other business units and leverages a strong knowledge of precedent within assessments

  • Be a trusted risk advisor to executives and senior leaders, all of whom value potentially dissenting opinions and organized, clear, and efficient processes

  • Maintains knowledge of enterprise Standards and ensures risk assessments are designed to and are delivering on those expectations

  • Builds and maintains tools which will enable risk managers, partners and stakeholders to consistently, effectively, and efficiently complete risk assessments within targeted SLAs

  • Translates complex changes in the internal and external environments into impacts for business partners in a clear, simple and concise manner

  • Seeks to improve monitoring within the team and the business by leveraging new and existing data sources and views (i.e. Key Risk Indicators, dashboards, etc.)

  • Inspires business team through communication of risk activity requirements and goals, enabling discretionary risk investments to be made by business teams

 

Basic Qualifications:

  • Passionate about risk management, problem solving, and making things better!

  • Experience working in a heavily regulated industry in risk management or project management capacity

  • At least 5 year experience working in a cross-functional environment, ensuring stakeholder expectations are managed effectively

 

Preferred Qualifications

  • Bachelor’s degree 

  • CPA designation or certification in risk management

  • PMP certification  

  • Experience working in risk management and knowledge of industry frameworks (e.g ISO 31000 and/or COSO)

Working at Capital One.

Enjoy a hybrid work environment, with 3 days in the office. Build a comfortable workspace with our one-time, Work From Home allowance and enjoy our head office located conveniently across the street from Union Station.

Live well—physically, financially and emotionally. Receive support for you and those who are most important to you, with full coverage for spouses, domestic partners, and dependents. With up to $3000 in mental health coverage and up to $5000 in tuition subsidies per year—and much more—you’ll discover that Capital One is committed to helping you live your best life.

This posting is for an existing vacancy.

The expected annual salary range for this position is $108,900 to $124,300. This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es). Incentives could be discretionary or non discretionary depending on the plan.

We embrace the responsible use of artificial intelligence (AI) to enhance the candidate experience and streamline our recruitment processes. However, no hiring decisions are made using AI as every hiring decision is made by our hiring managers, business interviewers, and recruitment professionals. Our teams are equipped with training that empowers them to use AI responsibly.

We may use your information for automated decision making. We may, for certain purposes, render a decision based exclusively on automated processing of your personal information as a part of the candidate screening process.

About Capital One Financial Corporation

Chevy Chase Bank is the greater Washington region's largest locally-owned banking institution providing a complete array of financial products and services to consumers and businesses in Maryland, Virginia, and the District of Columbia. The Bank, which is headquartered in Bethesda, Maryland, has approximately 250 branches and over 1,000 ATMs, more than anyone else in the greater Washington market. Chevy Chase Bank currently has over $16 billion in assets and services over 1 million customers. For more information about Chevy Chase Bank, please visit chevychasebank.com.

Capital One Financial Corporation Careers

Join the vibrant team at Capital One Financial Corporation, a leader in the financial services industry, where innovation meets purpose-driven leadership. As one of the most forward-thinking companies in banking, Capital One is the perfect place to jumpstart or advance your career with a myriad of job opportunities in various fields.

Work You’ll Do

At Capital One, we are committed to excellence and setting our team members up for success. By joining our dynamic team, you will engage in meaningful work that makes a real difference. From developing cutting-edge technology to crafting personalized financial solutions, every position at Capital One is geared towards redefining the future of banking.

Innovate and Lead

Capital One is not just a company; it's a hub of innovation and leadership. We empower our professionals to lead with their ideas and see them come to life. Our culture thrives on diversity and the unique perspectives each team member brings. Here, your skills in networking, problem-solving, and leadership will not only be valued but also nurtured through professional development and diversity training.

Grow Your Career

Capital One is deeply invested in the growth and development of its employees. With robust training programs, mentorship, and resources for professional enhancement, we ensure that your career trajectory aligns with your personal and professional goals. Whether it’s rising through the ranks or switching tracks via internal job opportunities, your growth is our priority.

Internship and Employment Opportunities

For those starting their journey, Capital One offers enriching internship programs that provide a glimpse into the culture and work ethic that drives our success. Interns gain hands-on experience, valuable insights, and the opportunity to network with leaders across the company. For seasoned professionals, we offer positions that challenge your expertise while encouraging balance and innovation.

Benefits and Culture

Choosing to work at Capital One means opting for a lifestyle where your well-being is prioritized. Our benefits package is designed to support you both at work and in your personal life, encompassing health, finance, and family. The inclusive culture at Capital One ensures that everyone, regardless of background, has the opportunity to thrive.

Join Our Team

Explore the various career paths available at Capital One and discover how your skills and passions can align with our mission. We are continuously hiring across multiple disciplines, eager to welcome curious, creative, and driven individuals to our team.

Stay Connected

Keep up to date with the latest in career opportunities and company news by joining our network. Tailor your job alerts to match your career preferences and get insider tips that can transform your application process, from crafting your resume to acing your interview.

Search Capital One Jobs

Ready to take the next step in your career? Search open positions that match your skills and interests. At Capital One, your next job opportunity could be the gateway to a fulfilling and prosperous career.

Read Careers Blog

Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Capital One Financial Corporation is not just a company—it's a place where you can make an impact. Discover the opportunities waiting for you in a career at Capital One. Join us and shape the future of banking with your vision, skills, and enthusiasm.
Learn more about Capital One Financial Corporation
Size
51,500 employees
Market Cap
$34.1 billion
Industry
Net Income
$2.7 billion
Founded
1994
5 Year Trend
+2.4%
NASDAQ

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