Principal Risk Specialist - CRA Management

Principal Risk Specialist - CRA Management at Capital One

Within Capital One, Global Enterprise Affairs (GEA) is an organization dedicated to strengthening our reputation, deepening community relationships, managing regulatory engagement, and serving as Capital One’s voice in legislative and political processes. The GEA team includes Community Reinvestment Act (CRA) Strategy & Program Management, Global Policy Affairs, Regulatory Relations, Corporate Communications, Community Finance, Community Impact & Investment, and Risk Management, Innovation, Strategy, and Enablement.

The CRA Strategy & Program Management (S&PM) team partners with lines of business across the enterprise to sustain Capital One’s outstanding CRA performance. We maintain high data quality and control standards, develop and support effective strategies, and manage CRA examinations by demonstrating how the bank meets the lending, investment, and service needs of the communities where we do business.

The CRA S&PM team seeks a self‑motivated individual to play a critical risk‑management role on our Data Management, Analysis, Technology and Automation (DATA) team, responsible for data management, analysis, and regulatory reporting of CRA and Home Mortgage Disclosure Act (HMDA) data. The ideal candidate will monitor and review the completeness of regulatory data processes and support quality assurance according to the team’s data compliance and reporting controls.

• Support governance, risk, and compliance controls management functions
• Assist with internal control design, implementation, and monitoring
• Track execution of risk and control activities and prepare management reports
• Assist with team organization and response to internal audits and regulatory compliance exams
• Monitor regulatory data integrity compliance training execution and tools
• Manage the team’s annual job aid and procedure document update exercises
• Assist with preparations related to the annual submission of complete and accurate CRA and HMDA Loan Registers to the appropriate regulatory agency

The successful candidate will have:

• Strong problem‑solving, oral and written communication skills
• Strong organizational skills and ability to effectively prioritize
• Very strong attention to detail with a focus on data and quality control
• Demonstrated ability to work independently, perform, and influence others in a fast‑paced environment
• Propensity to identify and assess potential risks in processes
• Experience assisting in updating team policies and standards

• Associate’s degree or military experience
• At least 1 year of experience in quality assurance or audit roles

• At least 1 year experience with Google Suite and Microsoft Excel
• At least 2 years of experience in governance, risk management, or compliance roles
• Experience using CRA Wiz software to process and maintain regulatory data

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

McLean, VA: $117,300 - $133,900
Plano, TX: $106,700 - $121,700
Richmond, VA: $106,700 - $121,700

This role is also eligible to earn performance‑based incentive compensation, which may include cash bonus(es) and/or long‑term incentives (LTI). Incentives may 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‑time or part‑time status, exempt or non‑exempt status, and management level. Learn more at the Capital One Careers website.

This role is expected to accept applications for a minimum of five business days.

No agencies please. Capital One is an equal opportunity employer (EOE, including disability/veteran) committed to non‑discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug‑free workplace.

Capital One will consider qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background…