Counterparty Risk Analyst Principal Associate

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. A Principal Risk Associate is responsible for the independent identification and management of counter party credit risk of new and existing Payment Services partner relationships across the Global Payments Network including key Acquirers, Issuers, Networks, Processors, Merchants, and other business partners.

• Analyzes portfolio of assigned partners for financial stability utilizing detailed financial statement analysis for both US domestic and International partners.
• Analyzes new business processes and products to identify where direct and indirect financial risk is present in the transaction flow and recommend strategies to mitigate the risk.
• Innovate, close gaps, streamline processes and assist with projects both internal to the team and within Risk.
• Provide training and guidance to less experienced team members.
• Provide support to team members on partner facing calls. Sets strategy and leads mitigation discussions through relationship lifecycle, including due diligence, collections, and bankruptcy.
• Collection and follow up to request financial statements for all partners in the assigned portfolio.

• Bachelors Degree or military experience.
• At least 2 years of Financial Services Counter party Risk experience.
• At least 2 years of credit or financial analysis experience.

• Bachelors Degree in Finance or Accounting.
• Experience reviewing financial statements.
• Experience with Excel or Google Sheet.
• Payments industry experience.

McLean, VA: $120,800 - $137,900 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.

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 concerning criminal background inquiries.