What are the responsibilities and job description for the Principal Associate, Finance Risk Management position at Capital One?
Capital One is seeking a motivated professional to join the Finance Risk Management (FRM) team as a Principal Associate. As a member of Finance Risk Management, the Senior Associate will play a key role in executing robust and proactive risk management programs, influence risk stakeholders and enable a strong culture of risk management that's adaptable to a changing environment.
We are looking for a candidate to support certain Finance division's risk management programs. The Principal Associate will implement and facilitate activities to support adherence with Regulation W, including establishing and maintaining intercompany agreements. In addition, the Senior Associate will manage the regulatory change process and ensure that we have accurate regulatory requirements applicability mapping. This role will also support our Designated Mandate Owner process. Collectively, these programs help to ensure a well-managed operating environment, ensure sustainable compliance across the division, and support business strategies.
We are seeking a dedicated, disciplined, process and control professional who excels in a team environment and has strong relationship building skills in order to facilitate partnerships with both internal customers, second line partners, and stakeholders. This person needs to have excellent communication, attention to detail, and the ability to adapt to a rapidly changing environment.
Specific responsibilities of this role include, but are not limited to:
Serve as a key point of contact for the Reg W and intercompany agreements process, including supporting the applicable control frameworks for Finance
Provide risk-based reporting and other information for a number of executive level committees and department-wide communications
Interact with business partners in other risk and compliance organizations across the company (including the lines of defense) to support the assessment of Reg W applicability, and ensure appropriate agreements and monitoring are in place to support business strategies
Serve in an advisory capacity to risk advisors (in the FRM team) and business partners, assisting in execution of intercompany agreements and related control suite work
Conduct preparation activities and ongoing support for second line reviews, audits, and regulatory exams, as needed
Partner with functional teams across the business areas to assess the health over key risk processes, compliance requirements, functions and controls
Identify and drive process improvements within Finance's operational risk management programs
Demonstrate exceptional teamwork and customer focus skills
Work independently with the ability to prioritize and manage multiple tasks
Basic Qualifications:
Bachelor's Degree or military experience
At least 3 years of experience in Financial Services, Audit, Risk Management, or a combination
Preferred Qualifications:
Master's Degree
At least 5 years in Financial Services within Compliance, Audit, Legal, or Risk Management focus
Financial Risk Manager (FRM) license or Certified Public Accountant (CPA) license or other certification
Familiarity with Regulation W
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital 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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Capital One is an equal opportunity employer committed to diversity in the workplace. Capital One promotes a drug-free workplace.
All qualified applicants will receive consideration for employment without regard to gender, race, color, religion, national origin, sexual orientation, protected veteran status, or disability status.
Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; Newark, New Jersey Ordinance 12-1630; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.
