Principal Risk Associate, Commercial Loan Operations

Are you ready to work on the front line of a top 10 Bank? As a Principal Risk Associate in the Commercial Risk Office 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 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.

As a Principal Risk Associate on the Commercial Loan Operations Risk Advisory Team, this associate will support project‑based activities designed to manage risk for Loan Operations within the Commercial Bank. This associate will be responsible for working with business partners across the Commercial Bank to develop and implement risk management solutions for operational, compliance, regulatory, legal and other non‑credit risks.

• Risk Consulting to one or more business areas relative to their business lines and provide advice and guidance as required.
• Deliver materials requested in audits and exams with various stakeholders across the lines of defense.
• Develop and leverage key relationships with stakeholders that enable collaboration across the enterprise.
• Identify and track opportunities to mitigate risk to Capital One.
• Coordinate with applicable business areas to define/implement remediation activities.
• Lead change control efforts at the process level to ensure impacts are appropriately assessed, documented and implemented.
• Support Lead Risk Advisors with ad‑hoc deliverables and investigations.
• Support risk assessments, associated remediations, and the build‑out of controls.
• Support process creation and risk mitigation activities on behalf of the LOB.
• Manage, implement and deliver on a subset of the program deliverables including drafting communications, writing and editing policies, procedures, business continuity plans, audit remediation responses, etc.
• Create, edit and manage multiple facets of business unit risk reporting.
• Execute processes and deliverables that support internal governance processes.

• Bachelor’s Degree or Military experience
• At least 3 years of Financial Services or Risk Management experience

• At least 4 years of Risk Management experience
• At least 3 years of Audit or Compliance experience
• At least 3 years of experience supporting, partnering and interacting with internal business clients
• Highly proficient in creating and maintaining information in Microsoft Office (PowerPoint, Excel, and Word) or Google Suite (Slides, Sheets, and Docs)
• Commercial Bank experience

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

#Comm Risk

• Charlotte, NC: $109,900 – $125,400 for Principal Risk Specialist
• McLean, VA: $120,800 – $137,900 for Principal Risk Specialist
• Plano, TX: $109,900 – $125,400 for Principal Risk Specialist
• Richmond, VA: $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…