Principal Associate, Risk Management

Capital One - Principal Associate, Risk Management 

At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking.

At Capital One India, we are at the cutting edge of solving fundamental business problems using advanced data methodologies, statistics, and machine learning algorithms. We analyze data to derive valuable business insights, make decisions, and develop innovative and patentable products.

As a Principal Associate, you will have dynamic responsibilities associated with Capital One India’s Risk Management team, helping to ensure a timely and accurate month-end risk reporting, in addition to managing Policy documents and in-house Six-Sigma based framework - forming an integral part of the job.

We are looking for a Principal Associate to handle the Risk Management activities with a demonstrated ability to work well in teams, develop new ideas, and take ownership of the initiatives. Would you like to work in a collaborative environment where your contributions are recognized and rewarded, all the while having a work-life balance? If so, opportunity for professional and personal fulfillment in a dynamic, progressive organization awaits you at Capital One! We are seeking a dedicated and disciplined process professional with expertise in process improvement and a proven track record of optimizing company processes to achieve resource and and time savings. This individual must possess strong analytical skills, exceptional attention to detail, and the adaptability required for a dynamic agile environment, while also demonstrating the ability to effectively communicate and influence partners across all organizational levels and functions.

Responsibilities: 

• Support the India Risk Management team’s Risk and Assurance activities to ensure timely completion of all activities and appropriate cross training to ensure tasks have back up support.
• Perform Policy/Standard/Procedure (PSP) - Governance activities, ensuring documents are maintained to standard, drafting new local procedures as needed, and recommending updates to local procedures based on enterprise policy/standard changes
• Perform risk and control assessments in alignment with defined risk frameworks
• Track and manage mitigation plans to timely and accurate closure.
• Perform gap analysis of local risk processes against enterprise risk processes
• Coordinate execution of risk management functions with multiple internal risk and business teams.
• Issue and Incident Management 
• Maintain and develop incident response plans aligned with Enterprise practices 
• Lead cross-functional teams during an incident to rapidly detect, contain, and resolve issues while managing stakeholder communication. 
• Facilitate post-incident root cause analysis and "lessons learned" sessions to drive continuous improvement.
• Renew and maintain Corporate following Insurance Policies and coordinate with insurance broker to facilitate claims.
• Maintain the Physical Records inventory and facilitate transfer and storage of physical records through third party.
• Manage select iInternal (controls) aAudits/assessments, including recommending vendors, drafting scope and audit calendar, coordinating and facilitating the audit with internal stakeholders, assist in tracking the timely closure of observations and reporting status throughout.
• Prepare the Risk and Assurance reports for leadership review meetings. Recommend special risk topics for report focus as and when necessary to elevate. Occasionally present risk topics during leadership meetings.
• Collaborate with multiple US risk and cyber teams to ensure accurate reporting
• Partner with other Risk Management functions across the company and cross functional teams to conduct Process Level Assessments 
• Maintain relationships with key stakeholders to ensure timely delivery of commitment

Basic Qualifications:

• Bachelor's degree
• At least 7 years of experience in Risk domain
• At least 5 years of experience in Enterprise Risk Management
• At least 4 years experience in Enterprise Risk Management framework and implementation
• At least 4 years experience in Three Lines of Defense framework
• At least 4 years experience in risk reporting
• At least 4 years experience in Automation & standardization of reports
• At least 4 years experience in Process Mapping & Optimization

Preferred Qualifications:

• Risk management experience
• Experience in Banking or consulting
• MBA in Finance
• Financial Risk Manager (FRM) from the Global Association of Risk Professionals (GARP)
• Professional Risk Manager (PRM) from PRMIA

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 atRecruitingAccommodation@capitalone.com. 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 toCareers@capitalone.com

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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).