Sr. Operational Risk Associate

  • Company: Capital One
  • Location: Richmond, Virginia
  • Posted: December 08, 2016
  • Reference ID: R15589
West Creek 3 (12073), United States of America, Richmond, Virginia

Sr. Operational Risk Associate

Capital One is seeking an energetic, self-motivated Senior Risk Associate to join the Operational Risk Validation team within the Operational Risk Management department in the second line-of-defense. The OR Validation Team is a dedicated group of professionals focused on executing second line-of-defense oversight responsibilities regarding operational risk controls for Capital One.

This Senior Risk Associate will perform validation work of operational controls identified through the Risk and Control Self Assessments, Process Level Assessments and Product Risk Assessments.  These assessment processes are in place to identify material risks and key controls across the spectrum of operational risk, including our processes, systems and products. This resource will help attest to the quality of the control environment across the first line of defense. This position will be expected to conduct control testing, document testing results, prepare work papers to evidence testing methods, and draft final reports for customers to summarize testing results.  This associate will be responsible for building and maintaining relationships with our business partners while adhering to the highest ethical standards required for independent validation.

Success in this position will rely heavily on working well with associates across the Enterprise, being able to identify and execute strategies to build and improve processes, being able to analyze data from a variety of sources and to independently identify risk through undefined processes or ways that are not pre-determined.

  • Perform testing on identified operational risk controls to ensure they have adequate governance, evidence of execution, and appropriate monitoring and escalation
  • Ensure issues are properly reported to business areas and remediated appropriately
  • Perform and support detailed data analysis to include trending and issue identification
  • Identify emerging risks, process improvements, or areas for increased training through the analysis of testing results
  • Manage work across organizational lines to achieve results and manage competing priorities
  • Support procedure reviews and document updates
  • Exhibit excellent verbal and written communication skills; develop communications (written and presented) to support findings
  • Assist with compiling metrics
  • Provide effective challenge to the business where appropriate
  • Demonstrate problem-solving and analysis skills with attention to detail

  • High School diploma OR GED OR equivalent experience OR Military experience
  • At least 1 year of audit experience OR at least 1 year of risk management experience OR at least 1 year of compliance testing experience

  • 3-4 years of operational risk management experience
  • 2-3 years of Project Management OR 2-3 years of Process management experience

At this time, Capital One will not sponsor a new candidate for employment authorization for this position.

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