Principal Risk Specialist, Control Testing

About the role

● To effectively identify, assess, monitor, and mitigate risks within the site consistent with Capital One's internal controls and policies General Responsibilities: ● Performance of First Line of Defense Assessments ○ Conducts periodic controls testing ○ Performs Business Area Risk Review / Risk Management and Control Framework / Enterprise Risk Self- Assessment ○ Leads local site audit management ○ Liaises with internal and external auditors to facilitate audit requirements ● Risk and Remediation Monitoring ○ Inputs risk issues and events in GRC ○ Identifies potential risk issues and events and reports appropriate ticket for resolution ○ Participates in the analysis and resolution of risk issues and controls ○ Conducts local site audit remediation ○ Maintains inventory of identified risks, controls, and remediation completion ● Site Risk Management ○ Partners and liaises with Risk counterparts and the management team in implementing sustainable policies and compliance control programs ○ Ensures site awareness of risk management, including but not limited to the following activities: ○ Provides training and assistance to Risk points-of-contact (POCs) and other employees on control procedures ○ Performs periodic testing, control awareness discussions, distribution of control tools (eg. findings database) ○ Cascades respective risk policies and standards relevant to each function ○ Prepares materials for monthly Risk Committee Review meeting ● May be assigned / rotated across related sub-functions including but not limited to sub-functions within Shared Services ● Other job-related duties that may be assigned from time to time