Senior Associate, Risk Management - FRM

Senior Associate, Risk Management - FRM

Capital One is seeking a motivated professional to join the Finance Risk Management (FRM) team as a Senior Analyst. As a member of FRM, the Senior Analyst will play a key role in executing robust and proactive risk management programs, partner with and influence key stakeholders to achieve business value while ensuring Finance is operating within enterprise risk management frameworks, and enable a strong culture of risk management that’s adaptable to a changing environment.

The Senior Analyst performs a key role within Capital One’s line of defense risk management model, to help ensure corporate initiatives and departmental processes comply with applicable laws, regulations, business requirements and controls. This role is responsible for executing independent control assessments to evaluate the effectiveness of the organization’s risk management framework and internal controls. The position involves developing and performing tests across Finance lines of business (LOBs) to ensure risk mitigation strategies are sound and operating as intended.

A strong understanding of the relevant regulatory landscape and industry best practices for applying controls within business operations is essential to effectively identify, analyze, and report on potential risks. The Senior Analyst partners with numerous stakeholders and subject matter experts to support FRM’s overall objective of ensuring the Finance Division maintains an effective risk and control management environment.

• Collaborate with cross-functional teams to understand and drive effective risk management practices across Finance
• Design and execute end-to-end control tests for key business processes, validating that controls are performing as designed to mitigate operational and compliance risks in accordance with Enterprise Risk Management methodology
• Document and communicate control test results (including control gaps and failures) and drive remediation for timely closure of identified issues
• Establish and maintain effective engagements with Risk Advisors and Business Partners to provide business value through robust and effective assessments of the control environment
• Identify and drive process improvements within Finance’s operational risk management programs
• Have the ability to think critically, solve complex problems, work independently, and prioritize and manage multiple tasks

• Bachelor’s degree or equivalent military experience
• At least 2 years of experience in Risk Management, Control Testing, Compliance, or Audit

• Previous experience assessing script/code logic in both Python or SQL
• Demonstrated proficiency with risk management concepts and data analysis tools (Excel, SQL, Python)
• Excellent communication and interpersonal skills with the ability to articulate complex risk concepts to a diverse audience
• Previous experience with control testing methodologies, process mapping, and risk assessment frameworks (COSO)

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.

McLean, VA: $111,200 - $126,900 for Sr. Analyst, Capital Markets & Risk
Richmond, VA: $101,100 - $115,400 for Sr. Analyst, Capital Markets & Risk

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. 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 regarding criminal background inquiries.

Employment:
This role is expected to accept applications for a minimum of 5 business days. No agencies please.