Counterparty Risk Analyst Principal Associate

Counterparty Risk Analyst Principal Associate

As a Principal Risk Associate at Capital One, you'll be responsible for working with business partners to identify and mitigate potential risks to Capital One. A Principal Risk Associate is responsible for the independent identification and management of counterparty credit risk of new and existing Payment Services partner relationships across the Global Payments Network, including key Acquirers, Issuers, Networks, Processors, Merchants, and other business partners.

Responsibilities:

• Analyzes portfolio of assigned partners for financial stability utilizing detailed financial statement analysis for both US domestic and International partners
• Analyzes new business processes and products to identify where direct and indirect financial risk is present in the transaction flow and recommend strategies to mitigate the risk
• Innovate, close gaps, streamline processes and assist with projects both internal to the team and within Risk
• Provide training and guidance to less experienced team members
• Provide support to team members on partner-facing calls
• Sets strategy and leads mitigation discussions through relationship lifecycle, including due diligence, collections, and bankruptcy
• Collection and follow up to request financial statements for all partners in the assigned portfolio

Basic Qualifications:

• Bachelors Degree or military experience
• At least 2 years of Financial Services Counterparty Risk experience
• At least 2 years of credit or financial analysis experience

Preferred Qualifications:

• Bachelors Degree in Finance or Accounting
• Experience reviewing financial statements
• Experience with Excel or Google Sheet
• Payments industry experience

Salary Information

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: $120,800 - $137,900 for Principal Risk Specialist
• Riverwoods, IL: $109,900 - $125,400 for Principal Risk Specialist

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.

Benefits and Incentives

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.

Application and Hiring Process

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.

Accommodations and Technical Support

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 Ones recruiting process, please send an email to Careers@capitalone.com

Capital One Entities

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).