This opportunity provides for significant professional growth and exposure to senior management. The ideal candidate must be able to effectively communicate and influence partners across multiple functional areas and levels of the organization. Strong data and analytical skills, attention to detail, and the ability to adapt in a dynamic environment are essential to succeeding in this role.

Specific responsibilities include, but are not limited to:

• Providing guidance on commercial credit policies, standards, and procedures
• Supporting management of the credit policy lifecycle, including drafting policy updates and communicating changes to stakeholders
• Administering credit approval and credit exceptions processes and policies through day-to-day management
• Formulating and implementing solutions, leveraging technology to enhance credit processes
• Drafting materials, developing communications, and providing training related to change initiatives
• Leveraging data to provide insights that enable stakeholders to make data-based decisions
• Performing research on regulatory interpretation and leading industry practices relating to commercial lending practices
• Providing guidance on applicability of regulatory and policy requirements
• Evaluating Internal Audit, Regulatory Exam, and self-identified issues and events for compliance and policy impacts
• Working closely with associates across Capital One, including: Lines of Business, Product, Technology, Operations, and Risk
• Promoting GV&I's learning and culture by facilitating continuous learning activities and team interactions

Desired Skills:

• Self-starter with a background in risk management, compliance, or credit underwriting
• Understanding of commercial banking activities and the three lines of defense framework
• Strong data and analytical competencies
• Proficiency in Python and/or Javascript
• 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 in risk management, compliance, or credit underwriting at a financial institution or consultancy firm
• At least 2 years of experience working with SQL databases such as Snowflake and data visualization applications such as Tableau or AWS QuickSight

Preferred Qualifications:

• Master's degree in Business Administration, Juris Doctor degree or other Master's degree
• 3+ years of experience in credit risk management or commercial banking

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.

Illinois (Hybrid On-Site): $92,800 - $105,900 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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. 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).