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Risk Management Principal Associate – Card Association Management

Risk Management Principal Associate – Card Association Management

CompanyCapital One
LocationRichmond, VA, USA
Salary$106700 – $121700
TypeFull-Time
DegreesBachelor’s
Experience LevelMid Level

Requirements

  • High School Diploma
  • At least 2 years of Operations, Financial Services Compliance or Risk Management experience
  • At least 2 years of experience supporting, partnering and interacting with internal business clients

Responsibilities

  • Become a subject matter expert in payment network operating rules and regulations
  • Support the Card Association Management (CAM) team through audits (internal, external, and network-driven)
  • Build relationships with various teams, including risk, across the enterprise to ensure effective introduction of and compliance with payment network rules
  • Manage exception processes with the payment networks, including negotiating, documenting, and renewing exceptions across the enterprise
  • Engage with teams tasked with payments/branding innovation to provide guidance to ensure compliance with network requirements
  • Assess new NPMIG initiatives for impact to CAM/payment networks
  • Consult on new product marketing plans and legal playbook creation to ensure compliance with network guidelines
  • Develop and manage a repository of L2 process artifacts
  • Track and resolve process breakdowns
  • Develop and maintain formal process documentation including procedures and process flow diagrams
  • Act as a subject matter expert to effectively partner with project customers to achieve desired outcome or improvement by clarifying needs and providing appropriate solutions
  • Contribute to or create ‘Playbooks’ in various LOBs to document high level requirements
  • Complete necessary documentation as needed for payment networks, such as third party registration, exceptions, etc.
  • Manage information security, cyber, technology, Third Party Data Share, and other risks related to the payment networks as they arise
  • Support, partner and influence internal and external stakeholders
  • Ensure visibility and transparency to internal and external stakeholders on the health of operations, including identification of critical needs/dependencies and risks

Preferred Qualifications

  • Bachelor’s Degree
  • 3+ years Process Management or Project Management Experience
  • 3+ years of Operations, Financial Services Compliance or Risk Management experience
  • 2+ years of risk methodologies and corporate risk practices experience
  • PMP, Lean, Agile or Six Sigma certification