Senior Risk Manager, Participant Audit

Senior Risk Manager, Participant Audit

The Senior Risk Manager is responsible for leading onsite audits and business reviews to ensure GPN participants meet contractual obligations, operating regulations, and internal risk standards. Acting as a strategic partner and risk advisor, the role defines audit scope, oversees fieldwork execution, identifies key risk drivers, and collaborates with business leaders to ratify findings, monitor remediation, and establish robust operational controls.

At Capital One, The Senior Risk Managers of Internal Audit are highly motivated Risk Management professionals with excellent project management and communication skills. They have a high level of exposure across lines of business and the opportunity to work with Executives to create and implement innovative solutions to identify and mitigate potential risks to the Company.

Core

Responsibilities

• Audit Planning & Scope Alignment: Lead effective audit planning and collaboration with business stakeholders, ensuring audit scope fully aligns with internal risk assessments and strategic organizational priorities. Fieldwork Oversight & Execution: Ensure fieldwork is conducted in strict alignment with defined audit scope, identifying risks and ensuring corrective action plans are developed and communicated to participant leadership. Audit Reporting & Management Ratification: Prepare clear, comprehensive audit reports; propose and obtain management ratification for audit findings and ratings; and issue final reports within prescribed timelines. Work Paper Compilation & Remediation: Compile and complete audit work papers to rigorous standards and oversee the remediation of all corrective actions under assigned remit. Operational Governance & Continuous Improvement: Manage audit schedules, unit metrics, policy/procedure revisions, regulatory response reporting, and control compliance assessments.

• Basic

Qualifications

• Bachelor's Degree or Military Experience; At least 2 years of experience in Payments, Financial Services, Banking, or a related field; At least 3 years of experience in Audit, Regulatory Compliance, Risk Management, or a related field; At least 5 years of experience supporting, partnering, and interacting with internal business clients.

• Preferred

Qualifications

• Certified Public Accountant credential or Certified Anti-Money Laundering Specialist credential; At least 5 years of experience in Payments, Financial Services, Banking, or a related field; At least 5 years of experience in Audit, Regulatory Compliance, Risk Management, or a related field; Ability to set direction, manage expectations, and lead cross-functional teams.

• This role is designated as a hybrid position. You are expected to adhere to Capital One's hybrid policy regarding required on-site presence at your designated office location.

• This role will not sponsor a new applicant for employment authorization, or offer any immigration related support 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.

• Chicago, IL: $161,500 - $184,300 for Sr. Risk Manager

• McLean, VA: $177,700 - $202,800 for Sr. Risk Manager

• Richmond, VA: $161,500 - $184,300 for Sr. Risk Manager

• Riverwoods, IL: $161,500 - $184,300 for Sr. Risk Manager

• 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.

• 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.

• 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 non-discrimination in compliance with applicable federal, state, and local laws. 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.

• 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).