Principal Risk Associate - ERM

Greetings potential candidates,Are you a highly analytical and strategic thinker with a passion for managing risk in a dynamic and fast-paced environment? If so, we have an exciting opportunity for you to join our team as a Principal Risk Associate in Enterprise Risk Management at Capital One. As a leading financial services company, we understand the importance of effective risk management and we are seeking a talented individual like you to help us navigate and mitigate potential risks. We are looking for someone with a strong background in risk management, excellent communication skills, and a drive for continuous improvement. Join us in driving our risk management practices to the next level and make a difference in our organization.

1. Develop and implement risk management strategies and processes to identify, assess, and mitigate potential risks for the organization.
2. Conduct thorough risk assessments and provide recommendations for risk mitigation and management.
3. Collaborate with cross-functional teams to ensure risk management practices are integrated into business operations.
4. Monitor and analyze market trends and industry developments to anticipate potential risks and develop proactive solutions.
5. Communicate with senior management and stakeholders to provide updates on risk management initiatives and present risk analysis findings.
6. Identify and evaluate emerging risks and develop mitigation plans to address them.
7. Lead the development and implementation of risk policies and procedures to ensure compliance with regulatory requirements.
8. Provide guidance and support to other team members on risk management best practices and processes.
9. Stay up-to-date on industry standards and best practices to continuously improve risk management processes.
10. Act as a subject matter expert on risk management and provide training and support to team members as needed.
11. Develop and maintain strong relationships with key stakeholders to promote a risk-aware culture within the organization.
12. Collaborate with external auditors and regulators to ensure compliance with risk management standards and requirements.
13. Conduct regular risk assessments and audits to identify potential areas of improvement and implement necessary changes.
14. Keep up-to-date with emerging technologies and tools in risk management and make recommendations for their implementation.
15. Represent the company in industry events and conferences to stay informed on emerging risk management trends and practices.

According to JobzMall, the average salary range for a Principal Risk Associate - ERM in New York, NY, USA is $90,000-$130,000 per year. However, this can vary depending on factors such as experience, education, and the specific company or industry.

Capital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia. Capital One is ranked 11th on the list of largest banks in the United States by assets.