Risk and Controls Tester at Capital One

Nottingham, England, United Kingdom

Capital One Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, BankingIndustries

Requirements

  • Risk management experience and/or project management experience, or a desire to learn and grow your career in this field
  • An ability to self-identify improvements to improve efficiency, and then execute them
  • Previous experience of working in a highly-regulated industry and/or corporate environment
  • Workshop facilitation
  • Great stakeholder management skills and the ability to influence and collaborate with a wide range of different people
  • Able to partner within and beyond the team, building productive, cross business relationships
  • Strong organizational skills and the ability to remain focused and flexible in a changing environment

Responsibilities

  • Test the design and effectiveness of the business controls
  • Support the redesign and improvement of controls
  • Make recommendations to various senior stakeholders across the UK business
  • Manage projects to implement broadscale control enhancements
  • Facilitate workshops to identify risks and controls
  • Produce regular process health reporting for internal stakeholders
  • Build, establish and maintain strong relationships with key stakeholders across the business, including 2nd Line Testing and Compliance Advisors

Skills

Key technologies and capabilities for this role

Risk ManagementControls TestingProject ManagementStakeholder ManagementWorkshop FacilitationProcess Reporting

Questions & Answers

Common questions about this position

What is the work arrangement for this role?

This is a permanent hybrid position based in Nottingham offices, requiring you to be in the office 3 days a week on Tuesdays, Wednesdays, and Thursdays, with flexibility to work from home other days.

What key skills are required for the Risk and Controls Tester role?

Key skills include risk management or project management experience, workshop facilitation, great stakeholder management and influencing skills, strong organizational skills, and the ability to self-identify and execute efficiency improvements.

What is the company culture like for this position?

The role thrives in a cross-functional and collaborative environment that values unique perspectives, rewards innovation, challenges the status quo, and emphasizes collaboration and connection.

What career growth opportunities are available?

High performers receive strong and diverse career progression, with heavy investment in developing people through Capital One University training programmes.

What is the salary or compensation for this role?

This information is not specified in the job description.

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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