Principal Risk Associate

West Creek 3 (12073), United States of America, Richmond, VirginiaPrincipal Risk Associate

Consumer Credit Risk Management (CCRM) is currently seeking a Principal Associate to provide oversight and guidance to 1st and 2nd line business partners to help ensure safe and sound lending practices.  This role will work closely with credit associates in both 1st and 2nd line to identify and mitigate potential credit risks to Capital One. This role provides a fantastic opportunity to impact critical business processes within CCRM and the lines of business.

The ideal candidate will be familiar with Capital One lending practices, have excellent organizational and communications skills, a history of managing multiple priorities, and strong verbal and written communication skills.  CCRM professionals are experienced, well-trained, and respected individuals that operate within a highly collaborative team environment to deliver value-added risk services to the organization. 

The Principal Risk associate will be situated within Consumer Credit Risk Management and will: 

• Monitor critical business processes through quality assurance activities and key performance indicators to help ensure processes are operating as intended; identify and research breakdowns and recommend potential corrective action; lead change management efforts as needed

• Work with the Credit Policy Management team to ensure continued alignment between critical business tools and systems with current credit policy

• Manage multiple tasks independently to meet deadlines

• Coordinate work between multiple areas and working on multiple projects simultaneously; leveraging / influencing business partners to drive results

• Initiate and execute process improvements leveraging other team members when appropriate

• Perform other responsibilities as needed

Basic Qualifications: 

• Bachelor's Degree or military experience

• At least 2 years of experience in credit risk management, risk management or audit

• At least 2 years of Project Management experience 

• At least 3 years of experience supporting, partnering and interacting with internal business clients 

Preferred Qualifications: 

• At least 4  years of experience in credit risk management, risk management or audit

• At least 1 year of experience in analysis

• At least 1 year of experience in Process Management

• Excellent verbal and written communication skills

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.

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, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, 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.

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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).