Capital One · 2 days ago
Principal Risk Specialist | Retail Bank
Richmond, VA
Full-time
Onsite
Senior Level, Lead/Staff
$121K/yr - $138K/yr
2+ years expCapital One is seeking a strategic, forward-thinking Principal Risk Specialist for their Retail Risk Office Control Testing Program. This role involves assessing control activities, advising on control design, and collaborating with business and risk stakeholders to enhance the control environment within the Retail Bank and associated divisions.
BankingCredit CardsFinanceFinancial 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
Strong communication skills
Analytical skills
Problem solving skills
Well developed risk and control mindset
Strong judgment
Ability to influence priorities across the Lines of Defense teams
Experience in assessing control activities and recommending control enhancements
Experience in reviewing and analyzing complex business and technology processes
Experience in engaging and advising business and risk partners on effective controls design
Experience in identifying and assisting with remediation of gaps in control environment
Experience in root cause analysis for ineffective control results
Experience in reporting on control suite effectiveness and issue remediation
Experience in performing quality reviews and assessments on control testing results
Experience in validating effectiveness of remediation efforts for issues from Audits and Regulatory Exams
Solid verbal and written communication skills
Ability to apply sound inquiry and analysis to make recommendations and decisions
Intellectual curiosity to question the obvious, explore options, and develop alternatives
Preferred
3+ years of experience in Project or Process Management
3+ years 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
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.
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
Lo Li
CTO, Managing Vice President Retail Bank
Daniel Arellano
Senior Vice President, Business Cards and Payments
Recent News
2026-01-13
Company data provided by crunchbase