Principal Risk Specialist

Do you like working in the spotlight? Are you ready to work on the front line of a top 10 Bank? Can you build relationships as well as develop and implement innovative solutions? As a Principal Risk Associate at Capital One you’ll be responsible for working with business partners to identify and mitigate potential risks to Capital One. Principal Risk Associates at Capital One are the front line of defense to ensure our Company remains stable and profitable.

Principal 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 Global Payment Network Business Risk Office partners with business units to identify, assess, and mitigate Network-specific operational and regulatory risks. The Business Risk Office designs and executes risk frameworks, manages issues and complaints, ensures compliance, supports change management, and fosters a culture of accountability and informed decision-making. The Global Payment Network Business Risk Office Governance team ensures effective governance and risk management across Discover Network, Diners Club International, and PULSE Network, ensuring Network or Participant impacting decisions are effectively challenged, approved, and socialized. As part of the team you will:

• Support the team in identifying and assessing risk for decisions impacting the Network, Participants, or Cardholders.
• Act as a liaison between Discover Network, Diners Club International, and/or PULSE Network and key stakeholders and process owners, facilitating effective challenge, approval, and reporting processes.
• Maintenance of Risk and Controls within Global Payment Network.

Responsibilities:

• Risk Consulting to one or more Business Areas relative to their business lines and provide advice and guidance as required.
• Client Management - Develop and leverage key relationships with stakeholders that enable collaboration across the enterprise.
• Coordinate with applicable business areas to define/ implement remediation activities.
• Monitoring and Reporting of Retail Deposit Compliance efforts.
• Change Management
• Lead change control efforts at the process level to ensure impacts are appropriately assessed, documented and implemented.

Basic Qualifications:

• Bachelors Degree or military experience
• At least 1 year of Financial Services Risk Management Experience.
• At least 2 years of Project Management experience.
• At least 3 years of experience supporting, partnering and interacting with internal business clients.

Preferred Qualifications:

• At least 3 years of Project Management experience leading cross functional projects and programs in Risk.
• PMP Certification or Masters Certificate of Project Management (CPM)

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 Specialist

McLean, VA: $120,800 - $137,900 for Principal Risk Specialist

New York, NY: $131,800 - $150,500 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 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.

No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

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.com

Capital 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).