The Role:

The Senior Risk Associate will provide direct support to the LAUNCH (New Product and Process) & Higher Risk Review team for the Commercial lines of business to support risk analysis of new products, current and prospective customers. LAUNCH is an enterprise change based initiative risk assessment process to understand the risks and controls of all new or changing products/processes launching within the Commercial Bank. The Senior Associate will have a direct lens into the future of the Commercial Bank within this role. Additionally, the Senior Associate will partner with our 1st line Commercial Risk Advisors, 2nd line partners (Compliance, Op Risk, Reputational Risk), Commercial Front Door and Go To Market teams that are all involved with the future initiatives coming down the pipe in the Commercial Bank.

Responsibilities:

• Collaborate with first line Business Risk Partners and Enterprise Risk Management governance to guide the business through the LAUNCH Process
• Provide strategic feedback to Enterprise Risk Management on both the LAUNCH process and associated technical systems
• Ensure that our second line Risk Impact Advisors complete their risk assessments in a comprehensive and timely manner
• Provide reporting to our Commercial Risk Partners providing transparency on potential, in-flight, and completed LAUNCH initiatives
• Facilitate risk analysis by the second/third line (compliance, legal, reputation, etc.) on existing/prospective customers and promptly building a consensus opinion
• Identify non-credit risk in existing/prospective clients against an existing risk management framework to ensure appropriate controls and/or mitigation is implemented
• Manage and track risk assessments for many in-flight customers/initiatives spanning all lines of business within Commercial Banking, including follow-up items with long horizons
• Demonstrate flexibility in responding to changes in assignment and job responsibility
• Respond to audit and regulator requests for process health metrics, key risk indicators, and associated details
• Develop and maintain effective working relationships with key business partners through extensive interaction with front line associates

Basic Qualifications:

• Bachelor's Degree or military experience
• At least 2 years of experience in financial services

Preferred Qualifications:

• At least 2 years of experience in Risk Management, or at least 4 years of experience in Compliance, or at least 4 years of experience in Audit
• At least 1 year of experience in commercial banking
• At least 4 years of experience creating and maintaining information in Excel or Google Sheets, PowerPoint or Google Slides, and Word or Google Docs

#CommRisk

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

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.

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