Sr Risk Associate, Risk Management (Credit Card Intent) (R145131)
Capital One is a diversified bank that offers a broad array of financial products and services to consumers, small business and commercial clients. Ranked #127 on the Fortune 500, Capital One is one of the nation’s top 10 banks and has one of the most widely recognized brands in America. We nurture a work environment where people with a variety of thoughts, ideas and backgrounds, guided by our shared Values, come together to make Capital One a great company and a great place to work.
This role performs a key first line of defense role, to support US Card’s first line Transaction Testing Program of Credit Underwriting Intent. The Tester will execute Transaction Testing under the leadership of a team leader, for the purpose of testing the accuracy of credit underwriting logic applicable to domestic credit programs. This unique role sits in the Card Credit Innovation Team within Upmarket Card. The Tester will support the quarterly Transaction Testing process which samples actual card applications and customer management actions to determine if the applicant received the intended outcome. In addition, this role helps identify best practices and advises credit program teams on documenting complex credit policies. The ideal candidate is someone who loves to learn, appreciates the intersection of business and risk and excels at collaborating with diverse stakeholders.
Responsibilities will include but may not be limited to:
Perform testing of applications, line increase decisions, authorizations, etc. to determine if intent met execution based on documented credit policy
Manage testing schedules to ensure all tasks and reporting are completed within established timelines
Analyze data from multiple sources and document the work including drafting testing issues and results
Review testing executed by peers for accuracy and adherence to test procedures
Establish and maintain strong relationships with Business Teams, Data Providers, and Risk Partners
Escalate issues with direct team and support remediation efforts
Assist with communicating results to Credit Officers, as needed
Support the production of management reports on intent documentation gaps, testing results, and remediation plans
Support internal assessments conducted by Credit Risk Management, Credit Review, and external regulatory exams
Participate in and execute other special projects for the team on ad-hoc basis
High School Diploma, GED or equivalent certification
At least 1 year of experience in Transaction Testing, Compliance Testing, Risk Management, or Project Management
At least 1 year working with Microsoft Excel or Google Sheets
2+ years of experience in Transaction Testing, Compliance Testing, or Risk Management
2+ years working with Microsoft Excel or Google Sheets
1+ years of experience in financial services
Bachelor's Degree in Business or a quantitative field
At this time, Capital One will not sponsor a new applicant for employment authorization for this positionNo 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, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, 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.
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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).