Senior Associate, Risk Management - Credit and Financial Risk Management

Company: Capital One
Location: Mc Lean
Posted on: April 1, 2026

Job Description:

Senior Associate, Risk Management - Credit and Financial Risk Management The Credit and Financial Risk Management (CFRM) Risk Office is seeking a highly motivated Sr. Associate, Risk Manager ready to apply their analytical, risk, communication, and project management skills. In this role you will contribute to CFRM’s overarching risk management strategy by supporting facilitation of risk assessments, guiding our business partners through audits, providing counsel and thought leadership, and driving execution. You will also be responsible for helping identify, track, and report on trends for issues related to CFRM’s governance and oversight processes. As a key partner, you will work with the various leaders across CFRM and the Business Units. Through your work, you will gain a broad, general understanding of how Capital One manages model, data, and technology risks. You will also gain deeper knowledge in the specific areas of CFRM risk management focus, including credit risk, market and liquidity risk, and model risk. At the same time, you will exercise your skills in analytic rigor, problem solving, and strategic thinking. Our ideal candidate will be a self motivated risk professional with excellent analytical, organizational, and communication skills. Responsibilities: Understand CFRM’s strategy and contribute to its evolution over time; understand how CFRM executes its responsibilities and help CFRM effectively communicate those activities; Assist in managing internal audits from the side of the Auditee for audits impacting CFRM; Assist in facilitating risk assessments and related activities (Critical Business Process Identification, Process Level Assessments, Risk and Control Self-Assessments, Control Testing etc), which include providing advice, challenge, and driving outcomes; Build an understanding of the changing regulatory environment and understand the impacts to overall Risk Management within CFRM Leverage industry benchmarking and best practices to provide thought leadership and guidance to executives and their teams on sound risk management practices; Analyze data to proactively identify risks, trends, and process improvements; Effectively collaborate with CFRM Risk Advisors, business stakeholders and other risk management professionals across all three lines of defense (e.g. Business Risk Office Partners; Audit; Enterprise Risk Management (ERM)) through various risk programs and engagements; Monitor issue remediation, tracking, and closure Assist in execution of special projects and engagements in collaboration with the overall Risk Management Team and Leadership Desired Skills: Self-starter with a background in risk management or risk governance Understanding of banking activities and the three lines of defense framework Effective verbal and written communication skills, including the ability to prepare presentation materials Aptitude for synthesizing complex issues into a clear and concise summary Keen attention to detail Proactive and results-oriented Independent problem-solver with ability to navigate ambiguity Ability to establish credibility, trust, and support within all levels of the organization Willing to learn, adapts easily to change, and confident with diverse thinking Knowledge and experience using Google Workspace (e.g., Sheets, Slides, Docs) Basic Qualifications: Bachelor’s degree or military experience At least 2 years of experience consulting, auditing, or working in the fields of model and data, or risk management Preferred Qualifications: 3 years experience with one or more of the following: consulting, auditing, or working in the fields of model and data, or risk management 2 years experience interacting or engaging with internal audit or federal regulators Experience in a second-line or oversight role at a financial institution or regulatory agency Excellent written and verbal communication At this time, Capital One will not sponsor a new applicant for employment authorization for this position The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked. McLean, VA: $96,500 - $110,100 for Sr. Risk Associate Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter. This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan. Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website . Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level. This role is expected to accept applications for a minimum of 5 business days. No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries. 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 at RecruitingAccommodation@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 to Careers@capitalone.com Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site. 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).

Keywords: Capital One, Richmond , Senior Associate, Risk Management - Credit and Financial Risk Management, Accounting, Auditing , Mc Lean, Virginia