Principal Associate, Third Party Management, Enterprise Services Risk Office

Capital One is a diversified bank that offers a broad array of financial products and services to consumers, small business and commercial clients. As one of the nation’s top 10 banks, we offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. We nurture a work environment where people with a variety of thoughts, ideas and backgrounds, guided by our shared Values, come together to make Capital One a great company and a great place to work.

The Enterprise Services Business Risk Office provides risk management support to several lines of business on behalf of the Enterprise.  We are on the cutting edge of risk management and provide support for new and emerging technologies as well as critical business strategies. Capital One has taken a bold journey to build a technology company, while operating in a complex, highly regulated business. 

Risk Managers at Capital One are highly motivated risk and process management professionals with excellent analytical, organizational, risk management, project management, and communication skills. These skills allow us to gain insights, and act as a change agent to influence our business partners. A successful candidate for this role will be able to operate from a foundation of knowledge about third party management ,and make sound decisions within the risk management framework. They are forward thinking, quick to adapt, and technologically adept. The demands and high-visibility nature of this position require an expert with a proven ability to work independently in a fast-paced environment and who can begin contributing immediately. 

As a Principal Associate  in the Enterprise Services Risk Office, you are the first line of defense to help ensure our Company remains well-managed and avoid unnecessary risk. In this position, you will play a key role in enhancing our third party risk management processes across Capital One. 

Specific responsibilities of the Principal Associate include, but  are not limited to:

• Serve as the risk manager for the Third Party Management business, leveraging subject matter knowledge and critical thinking to drive value during process level assessments and reduce overall risk

• Lead analysis of various business and risk data and information to proactively identify risks, trends, and process improvements

• Stay current on regulatory environment changes, third party supplier industry trends, and understand their impacts to our efforts

• Participate in risk and other management forums and contribute to continuous improvement of risk and project / program management practices

• Advise and consult on the development and management of new third party management policies, standards and procedures

• Collaborate effectively with colleagues, stakeholders, and leaders across multiple organizations to achieve strategic objectives

• Coordinate program-related activities and deliverables to ensure effective collaboration within the team and across stakeholder groups

• Balance multiple priorities to help drive business value and support team objectives, while managing tasks and activities related to risk management initiatives

Here’s what we’re looking for in an ideal teammate:

• You are a critical thinker who seeks to understand the business and its control environment

• You possess a relentless focus on quality and timeliness

• You adapt to change, embrace bold ideas, and are intellectually curious. You like to ask questions, test assumptions, and challenge conventional thinking

• You develop influential relationships based upon shared risk objectives and trust to deliver outstanding business impact

Basic Qualifications:

• High School Diploma, GED or Equivalent Certification

• At least 3 years of experience supporting and interacting with internal business clients across multiple levels

• At least 3 years of experience facilitating and leading discussions across various disciplines

Preferred Qualifications:

• Bachelor’s Degree or military experience 

• 3+ years of risk management, third party management, technology, or a related discipline

• 3+ years of experience in IT Risk Management

• 1+ years of Financial Services industry experience

• 1+ years experience in controls development, controls management, and reporting activities

• Strong organization skills and ability to support multiple projects simultaneously

• Excellent verbal presentation and written communication skills to confidently interact with and lead meetings at all levels

• Excellent problem-solving, analytical and critical thinking skills to effectively respond to shifting priorities, demands and timelines

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: $109,000 - $124,400 for Sr. Assoc, Cyber Risk & AnalysisRichmond, VA: $99,100 - $113,100 for Sr. Assoc, Cyber Risk & AnalysisChicago, IL: $99,100 - $113,100 for Sr. Assoc, Cyber Risk & AnalysisNew York, NY: $118,900 - $135,700 for Sr. Assoc, Cyber Risk & Analysis

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 theCapital 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.

For technical support or questions about Capital One’s recruiting process, please send an email to [email protected]

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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).