Principal Associate, Risk Consultant

Capital One


Job Location:

Toronto - Canada

Monthly Salary: $ 108900 - 124300
Posted on: 11 hours ago
Vacancies: 1 Vacancy

Job Summary

161 Bay Street (93021) Canada TorontoToronto Ontario

Principal Associate Risk Consultant

About Capital One Canada.

For over 30 years weve been on a mission to change banking for good and build relationships by making credit accessible simple intuitive and rewarding. We want to help Canadians succeed with credit because we believe in people in our customers in our associates and in talent like you!

About the Team

We know that the way to attract top talent is to create a fun work environment that fosters learning and career development but we also know that youve got a life thats about more than just work. Were focused on the quality of your work not how many hours you spend working. Our approach is designed to foster collaboration and innovation with a focus on agility and teamwork. Were passionate about associates having fun and since its uncomfortable to do any of those things in a suit and tie those arent required either. We have a business casual dress code because we believe our associates will do their best work when theyre feeling like themselves.

About the Role

As part of the Strategic Risk Defense (SRD) Team within Capital Ones Canada Card Risk Office you will be joining a growing team of experienced collaborative and forward-thinking risk management this role you will work with extended teams across Canada and the Enterprise to support and improve risk management processes.

Specifically you will be facilitating some of the highest-stake changes in our business as you guide them through regulatory changes and process and new initiative risk assessments. You will partner with: Compliance experts to understand regulatory requirements and their impacts to Capital One Canada; business teams to determine updates to process controls to ensure we continue to deliver experiences aligned with customer and regulator expectations; and Enterprise partners to influence and help roll out iterations of our assessments to drive gains in efficiency while maintaining adherence with policy requirements.

We arent looking for perfection we are looking for passion. We value diverse views and seek team members with a variety of backgrounds and experiences. If you are curious and eager to learn new things enjoy relationship building have a deep reverence for risk management and love to have fun at work this may be the role for you!

Your Responsibilities:

  • Supports risk assessments to ensure they meet enterprise needs for consistency while meeting our business partners needs for an approach that addresses their unique processes products and tech

  • Develops sustainable Risk Processes which put a premium on the time of business partners by to minimizing their effort while maximizing the value they get

  • Collaborates with second line Risk (e.g. ERM ORM Compliance/AML) Audit Legal and LOB Risk partners to support assessments and create leading-edge solutions

  • Draws linkages to other business units and leverages a strong knowledge of precedent within assessments

  • Be a trusted risk advisor to executives and senior leaders all of whom value potentially dissenting opinions and organized clear and efficient processes

  • Maintains knowledge of enterprise Standards and ensures risk assessments are designed to and are delivering on those expectations

  • Builds and maintains tools which will enable risk managers partners and stakeholders to consistently effectively and efficiently complete risk assessments within targeted SLAs

  • Translates complex changes in the internal and external environments into impacts for business partners in a clear simple and concise manner

  • Seeks to improve monitoring within the team and the business by leveraging new and existing data sources and views (i.e. Key Risk Indicators dashboards etc.)

  • Inspires business team through communication of risk activity requirements and goals enabling discretionary risk investments to be made by business teams

Basic Qualifications:

  • Passionate about risk management problem solving and making things better!

  • Experience working in a heavily regulated industry in risk management or project management capacity

  • At least 5 year experience working in a cross-functional environment ensuring stakeholder expectations are managed effectively

Preferred Qualifications

  • Bachelors degree

  • CPA designation or certification in risk management

  • PMP certification

  • Experience working in risk management and knowledge of industry frameworks (e.g ISO 31000 and/or COSO)

Working at Capital One.

Enjoy a hybrid work environment with 3 days in the office. Build a comfortable workspace with our one-time Work From Home allowance and enjoy our head office located conveniently across the street from Union Station.

Live wellphysically financially and emotionally. Receive support for you and those who are most important to you with full coverage for spouses domestic partners and dependents. With up to $3000 in mental health coverage and up to $5000 in tuition subsidies per yearand much moreyoull discover that Capital One is committed to helping you live your best life.

This posting is for an existing vacancy.

The expected annual salary range for this position is $108900 to $124300. This role is also eligible to earn performance based incentive compensation which may include cash bonus(es). Incentives could be discretionary or non discretionary depending on the plan.

Weembrace the responsible use of artificial intelligence (AI) to enhance the candidate experience and streamline our recruitment processes. However no hiring decisions are made using AI as every hiring decision is made by our hiring managers business interviewers and recruitment professionals. Our teams are equipped with training that empowers them to use AI responsibly.

We may use your information for automated decision making. We may for certain purposes render a decision based exclusively on automated processing of your personal information as a part of the candidate screening process.

Capital One Canada is an equal opportunity employer committed to fostering a diverse and inclusive work environment. We consider all qualified applicants and will meet the needs of those requiring reasonable accommodations.

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- or via email at . 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

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).


Required Experience:

Staff IC

161 Bay Street (93021) Canada TorontoToronto OntarioPrincipal Associate Risk ConsultantAbout Capital One Canada.For over 30 years weve been on a mission to change banking for good and build relationships by making credit accessible simple intuitive and rewarding. We want to help Canadians succeed wi...