Capital One Financial Corporation

Senior Risk Associate

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Associate's Degree or equivalent military experience
  • 1+ years of Risk Management experience
  • 1+ years of experience interacting with internal business clients
  • 1+ years of experience with Google Suite
  • Bachelor's Degree (preferred)
  • 2+ years of Project or Process Management experience (preferred)
  • 2+ years in Governance or Risk Management (preferred)

Responsibilities

  • Build partnerships with first and second line teams as a subject matter expert
  • Define methodology and problem management processes for enterprise standards
  • Lead quality reviews of events and issues for closure
  • Identify trends and opportunities within risk management processes
  • Track and update process documentation effectively
  • Resolve or escalate issues as necessary
  • Support governance, reporting, and change management
  • Create reporting and metrics for team and leadership

Benefits

  • Comprehensive health benefits
  • Inclusive financial support programs
  • Additional well-being programs for employees
  • Performance-based incentive compensation
  • Access to career development resources
Full Job Description
Senior Risk Associate

Senior Risk Associates at Capital One are highly motivated Risk Management professionals with excellent organizational and communication skills. They have a high level of exposure across lines of business and have the opportunity to create and implement innovative solutions to identify and mitigate potential risks to the Company.


The Issues and Events Program team supports the Global Payments Network Risk and Advisory organization. Our team is made up of passionate and dynamic risk professionals focused on enhancing the risk profile for the Discover, Pulse and Diners Club International businesses through execution of mission-critical risk management programs. We are seeking an inquisitive and organized team player to join us as an Senior Risk Associate.  As part of the horizontal 1st Line risk management function, this associate will have the unique opportunity to become a subject matter expert in the processes, controls and problems across the network organization. Day-to-day, this associate will be performing certain quality assurance and reporting activities while providing support and guidance to risk management professionals to ensure problem documentation is in adherence to enterprise standards.


The other primary functions of the team for GPN Risk and Advisory organization includes governance and support for event and issue management and first line compliance monitoring. This position partners with 1st and 2nd lines of defense for the governance and oversight of events and issue management. This will include consultation and supporting implementation of methodology changes.


Responsibilities

  • Build partnerships with multiple first and second line teams and recognized as subject matter expert for event and issue governance
  • Participates in defining the methodology and problem management process to show adherence of enterprise standard requirements
  • Be recognized as the subject matter expert on the team for event, and issue governance
  • Assist with the Pre-closure quality review process of event and issues for closure
  • Identify key areas of opportunity and trends
  • Tracking and updating process documentation
  • Resolve or escalate impediments as needed
  • Support team with overall governance, reporting and change management
  • Assist with the creation and use of various reporting and program metrics for the broader team and senior leadership



Basic Qualifications:

  • Associate's Degree or Military Experience 
  • At least 1 year of Risk Management experience
  • At least 1 year of experience supporting, partnering and interacting with internal business clients
  • At least 1 year of Google Suite experience

Preferred Qualifications:

  • Bachelor's Degree
  • 2+ years of experience in Project or Process Management
  • 2+ years of experience in Governance or Risk Management
  • 2+ years of experience in Change 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: $96,500 - $110,100 for Sr. Risk AssociateRichmond, VA: $87,700 - $100,100 for Sr. Risk Associate


 


 


 


 


 


 


 


 


 

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 the Capital 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.

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

Similar Jobs

More Jobs at Capital One Financial Corporation

More Finance & Insurance Jobs

Find similar Senior Risk Associate jobs: