Principal Associate - Network Participant Risk Oversight Testing & Monitoring jobs in United States
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Capital One · 1 month ago

Principal Associate - Network Participant Risk Oversight Testing & Monitoring

Capital One is a financial services company, and they are seeking a Principal Risk Associate to join their newly created Network Participant Risk Management Team. The role involves conducting testing and monitoring to identify and mitigate potential risks associated with Network Participants, ensuring compliance with Capital One's program requirements.

BankingCredit CardsFinanceFinancial Services
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Comp. & Benefits
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Responsibilities

Support development and execution of the NPRM testing and monitoring strategy
Perform testing & monitoring of the first line network participant risk management including detailed data analysis to identify risks, problem areas, and development/completion of remediation plans
Effectively challenges and is a thought leader in providing guidance to implementing Network Participant risk management practices
Analyzes data to proactively identify risks and trends
Provide guidance and support during audits and exams as needed
Ensure results of testing & monitoring and challenge activities are properly documented and communicated, and perform and support detailed validation data analysis to include trending, problem identification, and development/completion of remediation plans
Consults on Issue/Event analysis and reporting functions to observe trends and provide insights on changes to the Network Participant risk environment
Collaborate effectively across multiple organizations such as Operational Risk Management, Risk Oversight Programs, Enterprise Risk Management, Business Risk Office, Internal Audit, etc., to achieve objectives
Demonstrates problem-solving and analysis skills with attention to detail
Demonstrates strong communication, collaboration, and problem solving skills
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 Network Participant Risk Management team in a well-managed capacity
Assists in the development of risks, issues and/or mitigation plans to ensure the business implements needed changes and addresses areas of exposure

Qualification

Risk management experienceTestingMonitoringData analysisRisk governance oversightRisk management certificationProject managementCommunication skillsCollaboration skillsProblem-solving skills

Required

High School Diploma, GED or equivalent certification
At least 3 years of risk management experience within the financial services industry
At least 2 years of experience in third party risk, risk governance oversight, testing or monitoring

Preferred

4+ years of risk management, compliance or legal oversight experience with a payments network
3+ years of Project/Program Management experience leading cross functional programs in Risk
Experience creating presentations with Excel/Google Sheets, PowerPoint/Google Slides
Risk management certification such as: Certified Third-Party Risk Professional (CTPRP), ABA Operational Risk Management

Benefits

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.

Company

Capital One

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Capital One is a financial services company that provides banking, credit card, auto loan, savings, and commercial banking services.

Funding

Current Stage
Public Company
Total Funding
$5.45B
Key Investors
Berkshire Hathaway
2025-09-11Post Ipo Debt· $2.75B
2025-01-30Post Ipo Debt· $1.75B
2023-05-15Post Ipo Equity· $954M

Leadership Team

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Lo Li
CTO, Managing Vice President Retail Bank
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Daniel Arellano
Senior Vice President, Business Cards and Payments
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Company data provided by crunchbase