Senior Associate, Risk Management- FRM; Hybrid

Senior Associate, Risk Management- FRM (Hybrid) at Capital One summary:

The Senior Associate in Risk Management at Capital One is responsible for executing and overseeing risk management programs within the Finance division, ensuring compliance with regulatory standards and internal controls. This role involves conducting control assessments, analyzing risk mitigation strategies, and partnering with stakeholders to foster a strong risk management culture. Candidates should have experience in risk management, compliance, and data analysis tools such as SQL and Python to support the evaluation and improvement of financial risk processes.

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.

Responsibilities:

• 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

Basic qualifications:

• Bachelor’s degree or military experience

• At least 2 years of experience in Risk Management, Control Testing, Compliance, or Audit

Preferred qualifications:

• Previous experience assessing script/code logic in both Python and/or SQL

• Demonstrated proficiency with risk management concepts and data analysis tools (e.g., 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 (e.g., COSO)

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

This role is hybrid meaning associates will spend 3 days per week in-person at one of our offices listed on this job posting. Fridays are enterprise- wide virtual work days. Monday, Tuesday, Wednesday and Thursday are in-person days for associates to spend time together working in our beautifully-designed team areas.

The minimum and maximum full-time annual salaries for this role are listed…