Associate, Finance Risk Management

West Creek 3 (12073), United States of America, Richmond, Virginia

Associate, Finance Risk Management

Capital One is seeking a motivated professional for an Associate position in the Finance Risk Management (FRM) team. FRM associates are engaged and insightful risk management partners working across the Finance organization to execute robust and proactive risk management programs, improve effectiveness and efficiency of operation while reducing risk and influencing risk stakeholders (i.e., risk offices, compliance, internal audit, and regulators). FRM strives to enable a strong culture of risk management across Finance that is adaptable to a changing environment.

This position will have a heavy focus on operational risk programs across Capital One’s Finance organization which requires engagement between Finance business partners and second line independent risk management functions. The candidate must have the ability to organize and coordinate the work of others with demonstrated problem solving, influencing, and communication skills along with an ability to work strategically within, and beyond the Finance division. Also, the associate should have a basic understanding of the FRM Control and Risk standards.

General Responsibilities:

• Understand internal risk management standards related to requirements, risks, controls, and regulatory changes

• Manage the Finance organization’s adherence to internal policies and standards related to our Regulation W / Intercompany Agreements program and support our compliance management programs (e.g., Designated Mandate Owner and requirements coverage)

• Identify opportunities and collaborate in FRM and across Finance divisions to mature our Intercompany transactions risk management program ensuring effective control practices, governance, and supporting documentation

• Manage FRM reporting in order to provide risk insights to support Finance business, product, and tech leaders as they set priorities and make decisions

• Participate in and execute other special projects for the team on a periodic basis

• Develop and maintain documentation to include relevant procedures, presentations, and training materials

• Advise and support vertical risk advisors and business partners during risk assessments, internal audits, and regulatory exams

• 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 1 year of experience in Financial Services, Audit, or a combination

• At least 1 year of experience in Business Process Management, Project Management, Risk Management, or a combination

Preferred Qualifications:

• At least 2 years of experience in finance risk management, risk management, legal, corporate treasury capital markets functions, or a combination

• At least 2 years of experience in audit, compliance, risk management, or a combination

• At least 2 years of project management experience

• At least 2 years of experience in financial services

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 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 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

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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).