Principal Analyst, Risk Management - Finance Risk Management, Control Testing

About the position Principal Analyst, Risk Management - Finance Risk Management, Control Testing Capital One is seeking a motivated professional to join the Finance Risk Management (FRM) team as a Principal Analyst. As a member of FRM, the Principal Analyst will play a key role in executing robust and proactive risk management programs, partner with and influence key stakeholders to achieve business value while ensuring Finance is operating within enterprise risk management frameworks, and enable a strong culture of risk management that’s adaptable to a changing environment. The Principal Analyst performs a key role within Capital One’s line of defense risk management model, to help ensure corporate initiatives and departmental processes comply with applicable laws, regulations, business requirements and controls. This role is responsible for executing independent control assessments to evaluate the effectiveness of the organization's risk management framework and internal controls. The position involves developing and performing tests across Finance lines of business (LOBs) to ensure risk mitigation strategies are sound and operating as intended. A strong understanding of the relevant regulatory landscape and industry best practices for applying controls within business operations is essential to effectively identify, analyze, and report on potential risks. The Principal Analyst partners with numerous stakeholders and subject matter experts to support FRM’s overall objective of ensuring the Finance Division maintains an effective risk and control management environment.

Responsibilities

• Collaborate with cross-functional teams to understand and drive effective risk management practices across Finance
• Design and execute end-to-end control tests for key business processes, validating that controls are performing as designed to mitigate operational and compliance risks in accordance with Enterprise Risk Management methodology
• Document and communicate control test results (including control gaps and failures) and drive remediation for timely closure of identified issues
• Establish and maintain effective engagements with Risk Advisors and Business Partners to provide business value through robust and effective assessments of the control environment
• Identify and drive process improvements within Finance’s operational risk management programs
• Have the ability to think critically, solve complex problems, work independently, and prioritize and manage multiple tasks

Requirements

• Bachelor’s degree or military experience
• At least 4 years of experience in Risk Management, Control Testing, Compliance, or Audit

Nice-to-haves

• Previous experience providing feedback and Quality Assurance reviews to team members
• Previous experience assessing script/code logic in both Python and/or SQL
• Demonstrated proficiency with risk management concepts and data analysis tools (e.g., Excel, SQL, Python)
• Excellent communication and interpersonal skills with the ability to articulate complex risk concepts to a diverse audience.
• Previous experience with control testing methodologies, process mapping, and risk assessment frameworks (e.g., COSO)

Benefits

• 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.

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