Center 2 (19050), United States of America, McLean, Virginia Principal Risk Associate - Cross Border Banking, Commercial Banking Policy Office, and Sales Practices Commercial Risk is the first line of defense, managing non-credit risk for the Commercial Banking line of business. Commercial Risk leads regulatory and operational risk management for the Commercial Bank. We interact with internal and external partners for Audit, regulatory exams, and compliance assessments, and are the point of contact for all second line operational risk management interactions. Principal Associates at Capital One are motivated risk professionals with excellent analytical, organizational and communication skills. They are experienced in operating in a highly dynamic environment and can balance the needs of multiple stakeholders while working independently. Principal Associates have an ability to work across teams to create innovative solutions to appropriately manage risk within Commercial while maintaining an attention to detail. If you are curious and eager to learn new things, love problem solving, and have a deep reverence for risk management, this may be the role for you. This Principal Associate role is part of the Commercial Banking Policy Office within the Commercial Bank. This individual will combine their risk management skills and analytical acumen to produce high-quality policy and procedure revisions and maintenance through managing the renewal cycles, partnering with the business, and driving results. As a Commercial Risk Principal Associate, you will be responsible for working with business partners across the Commercial Bank to develop and implement cutting-edge solutions for operational, compliance, regulatory, fraud, legal, and other non-credit risks. Commercial Risk associates collaborate across the division, as well as with other Line of Business first line teams and second and third line partners, to develop and implement well-managed risk practices. **The Ideal Candidate:** The ideal candidate is a detail-oriented and self-starter individual. We are seeking an individual who has exceptional organization skills, verbal and written communication with both external and internal customers with experience in Commercial Banking, risk management, legal, or compliance in the financial industry. **Responsibilities:** • Review policies and procedures for references, proofreading, content, and formatting with a focus making sure the documents are understandable and executable (ideally have prior experience writing procedure documents) • Correspond with various parties regarding renewals of policies and procedures, including assisting with document submission, obtaining feedback and approvals, and leading discussions on changes with key document owners • Facilitate working sessions with the business, Legal, and Compliance to review and create new policies and procedures to address business or regulatory needs • Monitor upcoming document renewal deadlines and manage extension requests • Maintain an up-to-date list of ongoing work streams • Identify opportunities to streamline procedure renewal process • Facilitate annual refreshes of Legal Memos relating to our Commercial Lending Portfolio • Interacting with internal and external Legal Counsel • Fielding questions from underwriting and credit teams related to foreign lending transactions • Reporting of metrics associated with each risk program to senior executives and stakeholders across the organization • Maintain internal intranet site for the cross border program • Support the Sales Practice Reporting program **Basic Qualifications:** • Bachelor’s Degree or military experience • At least 3 years of Risk Management or Financial Services experience • At least 1 year of experience reviewing and writing procedures • At least 2 years of experience using Microsoft Office or Google Applications **Preferred Qualifications:** • Master’s Degree or Juris Doctor • At least 2 years of experience in Process Management or Project Management • At least 2 years of experience with Agile methodologies • At least 2 years of experience in Corporate Compliance, Audit, or Legal • At least 2 years of experience in performing quality assurance assessments on work items • Demonstrated ability to work in a continually evolving and dynamic environment **_\#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 (https://www.capitalonecareers.com/benefits) . 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).