Principal Associate, Process Manager at Capital One

Riverwoods, Illinois, United States

Capital One Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, BankingIndustries

Requirements

  • High School Diploma, GED or equivalent certification
  • At least 1 year of experience with Microsoft Office or G Suite
  • At least 3 years of Process Management experience
  • Preferred: Bachelor’s Degree or military experience
  • Preferred: Lean, Agile, Six Sigma, Business Process Management, or Project Management certification
  • Preferred: 1+ years of experience in Compliance or Risk Management
  • Preferred: 4+ years of experience in Process Management
  • Dedicated, disciplined, with excellent communication skills, attention to detail, ability to adapt to change quickly, and ability to influence up

Responsibilities

  • Apply risk framework to Participant obligations contained in Network operating regulations
  • Review legal and commercial documents to understand the participants’ activity, structure and associated risk
  • Acting as a subject matter expert to effectively partner with project customers to achieve desired outcome or improvement by clarifying needs and providing appropriate solutions
  • Facilitate alignment sessions between key internal stakeholders with assistance from senior team members
  • Leading and owning oversight of smaller process improvement work and collaborating with teammates on larger initiatives
  • Collecting data and information, using analytics and reporting to provide transparency to senior leadership and executives
  • Identify and implement process improvements driving issue resolution and risk mitigation activities
  • Tracking and resolving process breakdowns
  • Understanding customers’ needs of the process and driving process improvements
  • Developing and maintaining formal process documentation including procedures and process flow diagrams

Skills

Process Management
Risk Framework
Legal Document Review
Stakeholder Alignment
Process Improvement
Analytics
Reporting
Process Documentation
Flow Diagrams
Issue Resolution
Risk Mitigation

Capital One

Offers diverse financial products and services

About Capital One

Capital One provides a variety of financial services aimed at making banking accessible and easy for everyone. The company offers products such as credit cards, savings accounts, car loans, and business checking accounts, catering to both individual consumers and small businesses primarily in the United States. Capital One's approach includes user-friendly banking solutions with no fees or minimums for checking accounts, allowing customers to manage their finances more effectively. They generate revenue through interest on loans, credit card fees, and investment banking services. What sets Capital One apart from its competitors is its strong commitment to financial inclusion and literacy, demonstrated through community partnerships and educational initiatives, such as collaborations with Khan Academy. The company's goal is to create a more inclusive financial system and empower customers with the knowledge and tools they need to make informed financial decisions.

McLean, VirginiaHeadquarters
2014Year Founded
$15.9MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees

Benefits

Medical, Dental, & Vision coverage
Onsite Health Centers
Prescription saving with network of local pharmacies
Stock Purchase Plan
Education Assistance
401(k)
Flexible Spending Accounts
Life and Disability insurance
Generous paid time off + corporate & floating holidays
Registered dieticians on site, cooking classes and free virtual fitness classes
Employee Assistance Program

Risks

Increased competition in subscription management tools may dilute Capital One's advantage.
Over-reliance on partnerships could expose Capital One to technological risks.
Departure of key personnel like Joe Rodriguez may affect risk management continuity.

Differentiation

Capital One offers user-friendly banking with no fees or minimums for checking accounts.
The company partners with Khan Academy to provide financial literacy education.
Capital One is the first major U.S. bank to offer subscription management tools.

Upsides

Capital One's mobile app is a model for secure, user-friendly digital banking.
Data sharing with Worldpay enhances payment security and fraud prevention.
Partnerships with fintechs like Minna Technologies improve customer experience.

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