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Credit Risk Associate Salary Jobs in Virginia (NOW HIRING)

Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked. Houston, TX: $87,700 - $100,100 for Sr. Risk Associate McLean, VA: $96,500 - $110,100 ...

Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked. Houston, TX: $87,700 - $100,100 for Sr. Risk Associate McLean, VA: $96,500 - $110,100 ...

Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked. Houston, TX: $87,700 - $100,100 for Sr. Risk Associate McLean, VA: $96,500 - $110,100 ...

The final salary offer will depend on factors including, but not limited to, experience, skills ... Inclusion and Associate Engagement Programs Who we are & what we value: * We focus on what's most ...

The final salary offer will depend on factors including, but not limited to, experience, skills ... Inclusion and Associate Engagement Programs Who we are & what we value: * We focus on what's most ...

The final salary offer will depend on factors including, but not limited to, experience, skills ... Inclusion and Associate Engagement Programs Who we are & what we value: * We focus on what's most ...

Showing results 21-40

Credit Risk Associate Salary information

What is the average salary for a credit risk associate?

The average salary for a Credit Risk Associate in the United States typically ranges from $70,000 to $100,000 per year, depending on factors such as experience, location, and the size of the employer. Entry-level positions may start around $60,000, while those with several years of experience or in major financial centers like New York City can earn over $110,000. Bonuses and additional compensation may also be offered, especially at larger banks or financial firms.

What are the key skills and qualifications needed to thrive as a credit risk associate, and why are they important?

To thrive as a Credit Risk Associate, you need strong analytical skills, financial acumen, and a degree in finance, economics, or a related field. Familiarity with financial modeling tools, risk assessment software, and proficiency in Excel or SQL are typically required. Attention to detail, effective communication, and problem-solving abilities help professionals stand out in this position. These skills are crucial for evaluating creditworthiness, mitigating risk, and supporting sound lending decisions in financial institutions.

What are the typical career advancement opportunities for a credit risk associate within the financial industry?

As a Credit Risk Associate, you can expect clear pathways for career progression, often advancing to Senior Associate, Credit Risk Manager, or specialized roles within risk management. Many organizations offer mentorship, training, and rotational programs to help associates develop analytical and decision-making skills needed for more senior positions. Advancement is typically based on demonstrated expertise in assessing creditworthiness, collaborating effectively with cross-functional teams, and managing increasingly complex portfolios. Proactive engagement in professional development and taking on challenging projects can accelerate your growth within this field.

What is the difference between Credit Risk Associate Salary vs Credit Analyst Salary?

AspectCredit Risk AssociateCredit Analyst
Required CredentialsBachelor's degree, certifications like CFA or credit risk coursesBachelor's degree, certifications like CFA or financial analysis courses
Work EnvironmentFinancial institutions, risk management teamsBanks, lending institutions, financial services
Employer & Industry UsageUsed in risk management roles within financeCommon in credit analysis and lending departments

Both roles often require similar educational backgrounds and certifications, and they operate within financial institutions. While Credit Risk Associates focus on assessing and managing risk exposure, Credit Analysts primarily evaluate creditworthiness of clients. Salary differences depend on experience and location but generally remain comparable within the finance industry.

What does a credit risk associate do?

A credit risk associate evaluates the creditworthiness of individuals or businesses to determine the likelihood of default on loans or credit agreements. They analyze financial statements, credit reports, and market data, often using risk assessment tools and models, to support lending decisions and manage credit portfolios.

What are popular job titles related to Credit Risk Associate Salary jobs in Virginia?

For Credit Risk Associate Salary jobs in Virginia, the most frequently searched job titles are:

What job categories do people searching Credit Risk Associate Salary jobs in Virginia look for?

The top searched job categories for Credit Risk Associate Salary jobs in Virginia are:

What cities in Virginia are hiring for Credit Risk Associate Salary jobs?

Cities in Virginia with the most Credit Risk Associate Salary job openings:

Senior Associate - Global Payment Network Controls Testing Specialist

Richmond, VA • On-site

Capital One
Funds, Trusts and Financial Programs • 10K+ employees

Full-time

Re-posted 7 days ago


Capital One rating

7.8

Company rating: 7.8 out of 10

Based on 148 frontline employees who took The Breakroom Quiz

90th of 176 rated banks


Job description

Senior Associate - Global Payment Network Controls Testing Specialist
The Global Payment Network (GPN) Control Testing Team is seeking an experienced, highly motivated Controls Assessment and Testing specialist. The ideal candidate will have good organizational and communication skills and a proven background in evaluation of requirements compared to existing process and control coverage as well as the ability to identify gaps and solutions for gap closure.
This role involves understanding of requirements, controls, and corrective actions review and evaluation. In addition, the ideal candidate will be able to design and implement test plans and steps for testing controls and compose clear and concise grounding for findings. This will be a challenging role in a dynamic and fast-paced environment requiring ability to multi-task and prioritize assignments appropriately.
Responsibilities Include:
  • Perform assessment analysis of requirements, risks and controls to existing processes
  • Ability to develop and execute testing and reporting procedures
  • Ability to understand and communicate complex processes and alignment to risks and/or policy/regulatory requirements
  • Establish and maintain good client relations during testing engagements
  • Ability to create and deliver compelling verbal and written communications between business partners
  • Assist in the planning and execution of GPN control assessments
  • Manage to testing schedules to ensure all tasks and reporting are completed within established timeframes
  • Obtain and analyze test data from multiple sources, following testing protocols and leveraging job aids as needed
  • Systematically retain documents that substantiates test results
  • Submit test results in the system of record
  • Assist in communicating results to business areas and Credit Risk Management leadership as needed

Basic Qualifications:
  • Bachelor's degree
  • At least 1 year of experience in audit or controls testing or related review activities

Preferred Qualifications:
  • Bachelor's degree in Business, Finance, Accounting, Computer Science
  • Experience communicating test findings to internal or external stakeholders
  • Experience identifying, evaluating, and assessing risk-mitigating activities
  • At least 1 year of experience in Risk Management

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.
Chicago, IL: $87,700 - $100,100 for Sr. Risk Associate
McLean, VA: $96,500 - $110,100 for Sr. Risk Associate
New York, NY: $105,300 - $120,100 for Sr. Risk Associate
Richmond, VA: $87,700 - $100,100 for Sr. Risk Associate
Riverwoods, IL: $87,700 - $100,100 for Sr. Risk Associate
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).

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