Senior Risk Specialist | Retail Bank

As part of this horizontal 1st Line risk management function, this associate will also have the unique opportunity to become a subject matter expert in the processes and controls across specific business areas within our Retail Bank , Premium Products, Capital One Shopping and Enterprise Payments organization. Day-to-day, this associate will be working with Business and Risk stakeholders to assess the design and operations of relevant control activities (i.e., 1st Line control testing), perform audit and certain regulatory remediation validations, as well as support other controls related consultation and improvement initiatives. This could include working with other 1st Line risk management professionals to help define and update control designs within the relevant systems of records.
 

As a Senior Risk Specialist, you will:

• Collaborate with business Process Owners and Risk Advisors to assess control activities and recommend control enhancements as needed.

• Engage and advise our business and risk partners on how to design effective controls in our control environment related to business risks in addition to regulatory and internal policy requirements. 

• Identify and assist with remediation of identified gaps in our control environment due to regulatory and internal policy updates.

• Explore and collaborate with business and risk office partners in root cause analysis for ineffective control results.

• Contribute to reporting necessary to inform the Accountable Executives and other key stakeholders on the status of control suite effectiveness and issue remediation.

• Perform quality reviews and assessments on control testing results.

• Validate the effectiveness of remediation efforts for issues generated from Audits, Regulatory Exams, and various other assessments.

• Engage with our Risk Office and business partners on how to design and document effective controls in our control environment related to business risks in addition to regulatory and internal policy requirements.

• Advise and assist with remediation of identified gaps in our control environment due to regulatory and internal policy updates.

• Possess solid verbal and written communication skills to communicate effectively and present to a range of Risk Office, business and functional stakeholder groups.

• Apply sound inquiry and analysis to make recommendations and decisions.

• Be intellectually curious to question the obvious, explore options, and develop alternatives.

Basic Qualifications: 

• At least 1 year of experience in Control Testing or Risk Management

• At least 1 year of Financial Services, Audit, or Risk Management experience

• At least 1 year of experience supporting, partnering and interacting with internal business clients
   

Preferred Qualifications: 

• 2+ years of experience in Project or Process Management 

• 2+ year of experience in Controls Testing or Risk Management

• 2+ years of experience supporting, partnering and interacting with internal business clients

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