Principal Risk Manager
The Principal Risk Specialist is responsible for performing business compliance and operational risk and control activities. They are also responsible for educating and training the business to ensure compliance with regulations. They will also evaluate current operations across the business to identify areas for enhancements. They will serve also as partners with the business to implement processes.
Responsibilities:
Creates and distributes monthly risk and project process reporting.
Provides education and monitors the business on requirements of company policies and standards related to risk and control ownership.
Develops and implements job aids and tools to facilitate efficient completion of policy and standard requirements.
Identifies and implements effective controls to manage operational, financial, and compliance risks.
Maintains an accurate library of risks and controls. Performs control design reviews and compliance risk assessments.
Monitors the risk and control environment for weaknesses and identifies solutions to improve the effectiveness and efficiency of controls.
Executes control testing plans.
Leads the completion of projects and develops, implements, and administers control standardization and workflow solutions.
Creates continual monitoring exception reports for critical business processes.
Works as a liaison between Payments Risk and partners such as Operational Risk
Management, Internal Audit, Third Party Risk Management, etc.
Basic Qualifications:
Bachelor's Degree in Business Or Marketing.
4+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations or Vendor Management.
Preferred Qualifications:
6+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations, Vendor Management areas, Operational and Regulatory risk.
Payments/Financial industry experience
Excellent presentation skills
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.
Chicago, IL: $109,900 - $125,400 for Principal Risk SpecialistMcLean, VA: $120,800 - $137,900 for Principal Risk Specialist
Richmond, VA: $109,900 - $125,400 for Principal Risk Specialist
Riverwoods, IL: $109,900 - $125,400 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 based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.
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.
This role is expected to accept applications for a minimum of 5 business days.
