Principal Associate, Risk Control Assessment Specialist - Business Cards & Payments

Principal Associate, Risk Control Assessment Specialist - Business Cards & Payments
Location: Richmond or McLean, VA - Hybrid
Level: Principal Associate
The Business Cards & Payments (BC&P) organization is committed to fueling the courageous entrepreneurial spirit that's at the heart of America's business owners and offer products and services to help them do more business.
We've built an organization that is focused on listening to and learning from the millions of business customers we serve every day to make sure our products, services and experiences work as hard as they do. The name of our organization reflects our current leadership position in Small Business and Commercial Cards - as well as our aspiration to serve a wide range of needs for our customers
Beyond the Card. We are a culture that dreams big and embraces an entrepreneurial and ownership spirit - just like our business customers.
As Principal Associate in Capital One's Business Cards & Payments organization, you will work with business partners to identify, manage, and mitigate risk to Capital One. In BC&P Risk Operations we are seeking an experienced, highly motivated Control Assessments Specialist with a strong proven audit mind-set when it comes to governing control changes and execution verification. The ideal candidate will have good organizational and communication skills. A proven background in evaluation of risks and requirements compared to existing process and control coverage, as well as the ability to identify gaps and solutions for gap closure, including early execution verification to ensure effectiveness. This role involves understanding of risks, requirements, controls, and corrective actions review and evaluation.
Responsibilities of this role include but are not limited to :

• Perform independent controls review of the BC&P's Control Environment to determine design and operating effectiveness of controls
• Provide challenge, expertise and advice on enhancing the design, effectiveness, and maturity of the BC&P Control Environment
• Partner with vertical risk managers to perform an analysis of risks and requirements and their association with the control
• Ability to develop, update, and execute control execution verification for new and / or changed controls
• Ability to understand and communicate complex processes and alignment to policy/regulatory requirements
• Establish and maintain good client relations during execution verification engagements
• Strong ability to create and deliver verbal and written communications between business partners
• Draft assessment results for senior management and other stakeholders, to include regulatory agencies and audit, as required
• Stay current on emerging control standards and assessment changes specific to Capital One, as well as industry best practices
• Furthering the Well Managed agenda within Card to drive sustainability, amplify simplification & automation, enable ownership & accountability through transparency, and strengthen the control ecosystem
• Supporting process documentation creation and revision, including version control

Basic Qualifications :

• Bachelor's Degree or military experience
• At least 3 years of experience in audit, controls testing or requirements management

Preferred Qualifications :

• 3+ years of experience in working with, communicating and evaluating risk mitigating activities
• 1+ years of experience using automated testing tools

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
McLean, VA: $117,300 - $133,900 for Principal Risk Specialist
Richmond, VA: $106,700 - $121,700 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 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 [email protected] . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
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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).