Capital One · 4 months ago
Principal Risk Specialist | Retail Bank
McLean, VA
Full-time
Onsite
Senior Level, Lead/Staff
$121K/yr - $138K/yr
2+ years expCapital One is seeking a strategic and forward-thinking Principal Risk Specialist for their Retail Risk Office Control Testing Program. This role involves assessing control activities, advising on effective controls, and managing the testing program while collaborating with various stakeholders.
Financial Services
No H1B
Responsibilities
Collaborate with business Process Owners and Risk Advisors to assess control activities and recommend control enhancements as needed
Review and analyze complex business and certain technology processes to assess the current risk and control environment for potential control updates
Engage and advise our business and risk partners on how to design effective controls in our control environment related to business risks in addition to regulatory and internal policy requirements
Identify and assist with remediation of identified gaps in our control environment due to regulatory and internal policy updates
Explore and collaborate with business and risk office partners in root cause analysis for ineffective control results
Contribute to reporting necessary to inform the Accountable Executives and other key stakeholders on the status of control suite effectiveness and issue remediation
Perform quality reviews and assessments on control testing results
Validate the effectiveness of remediation efforts for issues generated from Audits, Regulatory Exams, and various other assessments
Engage with our Risk Office and business partners on how to design and document effective controls in our control environment related to business risks in addition to regulatory and internal policy requirements
Advise and assist with remediation of identified gaps in our control environment due to regulatory and internal policy updates
Possess solid verbal and written communication skills to communicate effectively and present to a range of Risk Office, business and functional stakeholder groups
Apply sound inquiry and analysis to make recommendations and decisions
Be intellectually curious to question the obvious, explore options, and develop alternatives
Qualification
Required
At least 2 years of experience in Control Testing or Risk Management
At least 2 years of Financial Services, Audit, or Risk Management experience
At least 2 years of experience supporting, partnering and interacting with internal business clients
Preferred
3+ years of experience in Project or Process Management
3+ year of experience in Controls Testing or Risk Management
1+ year of experience in Change Management
3+ years of experience supporting, partnering and interacting with internal business clients
Benefits
Performance based incentive compensation
Cash bonus(es)
Long term incentives (LTI)
Comprehensive, competitive, and inclusive set of health, financial and other benefits
Company
Capital One
Capital One is a financial services company that provides banking, credit card, auto loan, savings, and commercial banking services.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$5.45BKey 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
Daniel Arellano
Senior Vice President, Business Cards and Payments
Justin Burch
Senior Vice President
Recent News
Benzinga.com
2026-01-21
Business – Latest Financial & Stock Market News | New York Post
2026-01-20
Business News: Pasadena Star-News
2026-01-19
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