Senior Risk Associate

Senior Risk Associate- Global Payments Network

As a Senior Analyst in Network Credit Settlement Risk, within the Global Payment Network division, you will apply your financial, quantitative, and risk assessment skills to safeguard Capital One’s balance sheet against complex counterparty exposures. You will team with a diverse team of Risk Professionals, Relationship Managers, Legal, and Operations teams to evaluate and manage risk for the Global Payment Network. And you will do it all in a collaborative, fast-paced environment that values your analytical rigor, encourages decision-making independence, promotes continuous learning, and rewards innovative risk-mitigation strategies.

General Responsibilities:

• Analysis & Credit Assessment: Perform comprehensive financial and credit risk assessments for new and existing counterparties to formulate internal risk ratings and risk mitigation strategies.
• Exposure Management: Monitor and evaluate daily, intraday, and settlement exposures driven by card network settlement cycles.
• Risk Mitigation & Structuring: Design, negotiate, and manage dynamic risk-mitigation structures, including prefunding levels, reserves, Standby Letters of Credit, and parental guarantees to optimize client liquidity while protecting bank capital.
• Surveillance & Portfolio Monitoring: Maintain continuous risk surveillance across the counterparty portfolio to detect Early Warning Indicators, track compliance covenants, and manage reporting waivers.
• Execution & Governance: Lead end-to-end credit review workflows, frame analytical hypotheses, scope operational feasibility for risk controls, and present clear risk recommendations to senior credit committees and regulatory examiners.
• Partnership: Work closely with cross-functional colleagues across Capital One, including Relationship Managers, Product, Data, Operations, Legal, and Finance, to align risk appetite with commercial growth, volume acquisition, and institutional profitability.

Basic Qualifications (BQs):

• Bachelor's Degree or Military experience
• At least 1 year of professional experience performing counterparty credit risk analysis, commercial credit underwriting, or financial institution analysis.

Preferred Qualifications (PQs):

• At least 3 years of experience evaluating global payment clearing mechanics, merchant acquiring risk, or settlement float dynamics.
• At least 3 years of experience with risk management platforms and credit databases such as Bloomberg, Capital IQ, or Credit Risk Monitor.
• At least 3 years of experience in business analysis or commercial credit underwriting within a large financial institution.
• At least 3 years of experience applying artificial intelligence or machine learning tools, predictive analytics, or automation frameworks (such as Python, natural language processing pipelines, or Generative AI credit analysis tools) to financial statement spreading, risk modeling, or portfolio surveillance.
• Experience drafting executive-level credit memos and communicating financial analysis to senior management and internal stakeholders.

This role is designated as a hybrid position. You are expected to adhere to Capital One's hybrid policy regarding required on-site presence at your designated office location.

At this time, Capital One will not sponsor a new applicant for employment authorization, or offer any immigration related support for this position (e.g. H1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, E-3, and O-1, or any other forms of work authorization that require immigration support from an employer).

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.

Chicago, IL: $87,700 - $100,100 for Sr. Risk AssociateMcLean, VA: $96,500 - $110,100 for Sr. Risk AssociateRiverwoods, IL: $87,700 - $100,100 for Sr. Risk Associate

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 (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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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).