Principal Business Risk Control Specialist

Overview

The Principal Business Risk Control Specialist is responsible for performing business compliance and operational risk and control activities. Educating and training the business to ensure compliance with regulations. Evaluating current operations across the business to identify areas for enhancements. Partnering with the business to implement processes. Actively managing and escalating risk and customer-impacting issues within the day-to-day role to management.

Responsibilities

• Provides education and monitors the business on requirements of company policies and standards related to risk and control ownership.
• Develops and implements job aids and tools to facilitate efficient completion of policy and standard requirements.
• Identifies and implements effective controls to manage operational, financial, and compliance risks. Maintains an accurate library of risks and controls.
• Performs control design reviews and compliance risk assessments.
• Monitor the risk and control environment for weaknesses and identify solutions to improve the effectiveness and efficiency of controls.
• Executes control testing plans.
• Creates and distributes monthly risk reporting and complaints data. Leads customer complaint remediation projects.
• Leads the completion of projects. Develops, implements, and administers control standardization and workflow solutions. Creates continuous monitoring exception reports for critical business processes.

Minimum Qualifications

• Bachelors Degree
• At least 4 years of Financial services, Marketing, Compliance, Internal Audit Operations or Vendor Management experience
• At least 3 years of experience supporting, partnering and interacting with internal business clients

Preferred Qualifications

• At least 6 years of Financial services, Compliance, Internal Audit Operations or Vendor Management Experience
• At least 3 years of Project Management experience leading cross functional projects and programs in Risk

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. Salaries/part-time details are as posted. Salaries are for candidates hired to perform work within the listed locations.

• McLean, VA: $117,300 - $133,900 for Principal Risk Specialist
• Riverwoods, IL: $106,700 - $121,700 for Principal Risk Specialist
• Anytown, IL: $106,700 - $121,700 for Principal Risk Specialist
• Chicago, IL: $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 (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. 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 ; 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 does not sponsor jobs posted outside the USA. Capital One is composed of several entities; postings in Canada, UK, and Philippines correspond to Capital One Canada, Capital One Europe, and Capital One Philippines Service Corp. (COPSSC).