Principal Associate, Capital Markets and Risk
As a Principal Associate, Capital Markets and Risk at Capital One, you will apply your strategic and analytical skills to major company challenges. You will team with world-class professionals to develop and test strategies that ultimately impact the bottom line. And you will do it all in a collaborative environment that values your insight, encourages you to take on new responsibility, promotes continuous learning, and rewards innovation.
The Market and Liquidity Risk Oversight (MLRO) team performs independent risk management of the firm’s balance sheet activities conducted by the company’s Capital Markets group, Treasury group, and other lines of business engaged in managing our balance sheet. Our team’s work includes risk analysis, strategic thinking, market research, and developing an independent perspective across risk factors influencing Capital One.
The MLRO team covers a wide range of risk management activities within Capital One. We are constantly evaluating financial markets and business trends to understand and quantify the impact to Capital One’s risk management framework. This Principal Associate role will allow the successful candidate to grow into an expert on interest rate risk, liquidity risk, funds transfer pricing, stress testing, and other areas as well. You will interact with many different business groups with the ability to provide independent analysis and effective challenge. The ideal candidate will possess:
- Strong analytical thinking and problem solving skills
- Strong foundational understanding of finance and broader macro economics
- Comfort with data governance and data management with proven experience working with large data sets
- An understanding of the banking system and financial market concepts
- Fluency with python and experience using python in a financial setting
- Some experience using AI tools such as Gemini to automate and improve the day to day processes being run within a team
- The ability to communicate complex topics to a wide range of audiences
- Experience working in a liquidity risk team and an understanding of bank liquidity regulatory requirements a bonus
- An understanding of a bank balances sheet dynamics including securities investments, cash management, wholesale funding activity and loans/deposits a bonus
Specific Responsibilities, but are not limited to:
- Proactively engaging with lines of businesses and providing analytical support for research, analysis, and independent risk management in various areas of MLRO’s oversight of balance sheet risk
- Become a subject matter expert in one or more areas of balance sheet risk oversight, such as interest rate risk, stress testing, liquidity risk, or funds transfer pricing
- Utilize technology to perform data analysis and support process automation as a source of independent risk assessment
- Understand and analyze financial market developments and regulatory guidance in relation to the impact on the balance sheet
- Interacting with key stakeholders across multiple organizations to evaluate risk and providing support for balance sheet analysis
Basic Qualifications:
- Bachelor’s degree
- At least 3 years of experience in quantitative and qualitative analysis
Preferred Qualifications:
- Master’s Degree in Business or quantitative field such as Finance, Economics, Physical Sciences, Math, Statistics, Engineering
- 3+ years of experience in risk management or capital markets
- 3+ years of experience in banking industry or equivalent financial services firm
- 3+ years of experience working with business intelligence tools
- 2+ years of experience in SQL, Python, Snowflake, and Excel
- 2+ years of experience in data analytic tools, including Tableau and Quicksites
- 2+ years of experience in bank stress testing, interest rate risk, or liquidity risk management practices or regulations
- 2+ year of experience in consulting
At this time, Capital One will not sponsor a new applicant for employment authorization 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.
McLean, VA: $131,300 - $149,800 for Principal Analyst, Capital Mkts & Risk
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 (EOE, including disability/vet) 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, 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).