Principal Associate, Third Party Risk Management
Capital One, Riverwoods, IL, United States
Duties and Responsibilities:
Develop and leverage key relationships with stakeholders that enable collaboration across the enterprise
Supports collaborative environments between other risk teams and various partner groups to create an integrated and seamless risk experience for the business
Provides risk consulting to multiple Business Areas to effectively challenge, identify elevated areas of risk, and to obtain assurance that risk‑taking groups are appropriately representing the risk profile and providing guidance to implementing third party risk management practices
Ensure results are properly documented and communicated, and perform data analysis to include trending, problem identification, and development/completion of remediation plans
Identify and track challenges and issues to mitigate risk to Capital One. Coordinate with applicable business areas to define/implement remediation activities
Demonstrate strong communication, collaboration, and problem‑solving skills within the team and with other partners.
Coordinating work between multiple areas and working on multiple projects simultaneously; leveraging/influencing business partners to drive results
Balances multiple priorities to help drive business value and support team objectives, while managing tasks and activities related to risk management initiatives to support the Third Party Risk Management team in a well‑managed capacity
Basic Qualifications:
Bachelors Degree or military experience
At least 3 years of experience in Risk Management, Compliance, Procurement, Contracting, or Audit
At least 3 years of experience working with internal business clients
Preferred Qualifications:
Masters Degree in Finance, or Accounting, or Audit, or Business Management
Experience in a third‑party risk management role
Industry certifications in Operational Risk Management or Third Party Risk Management
Excellent written and verbal communication abilities
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 (https://www.capitalonecareers.com/benefits). Eligibility varies based on full or part‑time status, exempt or non‑exempt status, and management level.
McLean, VA: $120,800 – $137,900 for Principal Risk Specialist
Richmond, VA: $109,900 – $125,400 for Principal Risk Specialist
Riverwoods, IL: $109,900 – $125,400 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.
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 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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Develop and leverage key relationships with stakeholders that enable collaboration across the enterprise
Supports collaborative environments between other risk teams and various partner groups to create an integrated and seamless risk experience for the business
Provides risk consulting to multiple Business Areas to effectively challenge, identify elevated areas of risk, and to obtain assurance that risk‑taking groups are appropriately representing the risk profile and providing guidance to implementing third party risk management practices
Ensure results are properly documented and communicated, and perform data analysis to include trending, problem identification, and development/completion of remediation plans
Identify and track challenges and issues to mitigate risk to Capital One. Coordinate with applicable business areas to define/implement remediation activities
Demonstrate strong communication, collaboration, and problem‑solving skills within the team and with other partners.
Coordinating work between multiple areas and working on multiple projects simultaneously; leveraging/influencing business partners to drive results
Balances multiple priorities to help drive business value and support team objectives, while managing tasks and activities related to risk management initiatives to support the Third Party Risk Management team in a well‑managed capacity
Basic Qualifications:
Bachelors Degree or military experience
At least 3 years of experience in Risk Management, Compliance, Procurement, Contracting, or Audit
At least 3 years of experience working with internal business clients
Preferred Qualifications:
Masters Degree in Finance, or Accounting, or Audit, or Business Management
Experience in a third‑party risk management role
Industry certifications in Operational Risk Management or Third Party Risk Management
Excellent written and verbal communication abilities
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 (https://www.capitalonecareers.com/benefits). Eligibility varies based on full or part‑time status, exempt or non‑exempt status, and management level.
McLean, VA: $120,800 – $137,900 for Principal Risk Specialist
Richmond, VA: $109,900 – $125,400 for Principal Risk Specialist
Riverwoods, IL: $109,900 – $125,400 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.
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 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.
#J-18808-Ljbffr