Principal Associate, Risk Consultant

Position

Principal Associate, Risk Consultant – 161 Bay Street (93021), Toronto, Ontario, Canada

As part of the Strategic Risk Defense (SRD) Team within Capital One’s Canada Card Risk Office, you will participate in risk management processes across Canada with a focus on regulatory compliance and continuous improvement. You will work with cross‑functional partners to guide high‑stakes changes and deliver efficient risk assessments.

• Supports risk assessments to ensure they meet enterprise needs for consistency while meeting our business partners’ needs for an approach that addresses their unique processes, products and tech
• Develops sustainable Risk Processes, which put a premium on the time of business partners by to minimizing their effort while maximizing the value they get
• Collaborates with second line Risk (e.g. ERM, ORM, Compliance/AML), Audit, Legal, and LOB Risk partners to support assessments and create leading‑edge solutions
• Draws linkages to other business units and leverages a strong knowledge of precedent within assessments
• Be a trusted risk advisor to executives and senior leaders, all of whom value potentially dissenting opinions and organized, clear, and efficient processes
• Maintains knowledge of enterprise Standards and ensures risk assessments are designed to and are delivering on those expectations
• Builds and maintains tools which will enable risk managers, partners and stakeholders to consistently, effectively, and efficiently complete risk assessments within targeted SLAs
• Translates complex changes in the internal and external environments into impacts for business partners in a clear, simple and concise manner
• Seeks to improve monitoring within the team and the business by leveraging new and existing data sources and views (i.e. Key Risk Indicators, dashboards, etc.)
• Inspires business team through communication of risk activity requirements and goals, enabling discretionary risk investments to be made by business teams

• Passionate about risk management, problem solving, and making things better!
• Experience working in a heavily regulated industry in risk management or project management capacity
• At least 5 year experience working in a cross‑functional environment, ensuring stakeholder expectations are managed effectively

• Bachelor’s degree, CPA designation or certification in risk management, PMP certification
• Experience working in risk management and knowledge of industry frameworks (e.g ISO 31000 and/or COSO)
• Working at Capital One

Expected annual salary range: $108,900 – $124,300. Eligible for performance‑based incentive compensation, including cash bonuses. Hybrid work environment: three days in office, one‑time work‑from‑home allowance. Additional benefits include mental health coverage up to $3,000, tuition subsidies up to $5,000 per year, and comprehensive coverage for spouses, domestic partners, and dependents.

Capital One is an equal‑opportunity employer committed to fostering a diverse and inclusive work environment. We consider all qualified applicants and will meet the needs of those requiring reasonable accommodations.