Senior Associate, Governance, Valuations Innovation

Overview

Senior Associate, Governance, Valuations, & Innovation (GV&I) Team is a second line of defense function within Capital One's Credit Risk & Analytics (CR&A) Division. CR&A is responsible for Risk Governance, Risk Appetite, Credit Risk Policy, and Assurance Exam Management for the Commercial Bank. The GV&I team contributes to sound risk management, policy compliance, and the overall culture of Capital One.

GV&I seeks a process-driven Senior Associate to manage day-to-day risk operations, governance workflows, and credit risk frameworks. The individual will collaborate with partners across the Lines of Business, Product, Technology, Operations, and Risk to drive operational excellence, maintain a well-managed control environment, and optimize data-driven risk reporting processes.

This opportunity provides significant professional growth and exposure to senior management. The ideal candidate must communicate and influence partners across multiple functional areas and levels of the organization. Strong data and analytical skills, attention to detail, and adaptability in a dynamic environment are essential.

• Serving as the primary Business Area Contact (BAC) to ensure seamless execution of the credit policy lifecycle
• Identifying process improvement opportunities and leveraging AI tools to implement workflow optimizations that enhance team efficiency and operational excellence
• Governing the day-to-day administration of Credit Approval and Credit Exception frameworks
• Overseeing the end-to-end Policy Adherence process, including recurring reporting routines
• Validating and maintaining the inventory of Risks, Requirements, and Controls owned and/or applicable to CR&A
• User Acceptance Testing of enhancements to supporting credit risk technology
• Drafting release materials and developing communications related to change initiatives
• Leveraging data to provide insights that enable GV&I to make data-based decisions
• Supporting ad-hoc initiatives for broader GV&I frameworks and work streams

• Self-starter with a background in risk management and/or process management
• Understanding of commercial banking activities and the three lines of defense framework
• Strong data and analytical competencies, specifically around data reconciliation and reporting
• Experience or strong interest in leveraging AI tools to optimize day-to-day workflows, reporting routines, and process efficiencies
• Effective verbal and written communication skills, including the ability to prepare presentation materials
• Aptitude for synthesizing complex issues into a clear and concise summary
• Strong organizational skills, keen attention to detail, and process integrity
• Proactive, execution-focused, and results-oriented
• Independent problem-solver with ability to navigate ambiguity
• Ability to establish credibility, trust, and support within all levels of the organization
• Willing to learn, adapt easily to change, and confident with diverse thinking
• Knowledge and experience using Google Workspace (e.g., Sheets, Slides, Docs)

• Bachelor’s degree or military experience
• At least 2 years of experience in risk management or process management at a financial institution or consultancy firm

• MBA or Master’s degree
• 3+ years of experience in credit risk administration, risk management, or process optimization
• 2+ years of experience working with SQL databases

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. This salary information is for candidates hired to work in these locations and refers to the amount Capital One is willing to pay at the time of posting. Salaries for part-time roles will be prorated based on hours worked.

Chicago, IL: $87,700 - $100,100 for Sr. Risk Associate;
McLean, VA: $96,500 - $110,100 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 will be reflected in the candidate’s offer letter.

This role is…