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Financial Risk Specialist Jobs in Virginia (NOW HIRING)

Principal Risk Specialist The Principal Risk Specialist is responsible for performing business ... Identifies and implements effective controls to manage operational, financial, and compliance risks.

Principal Risk Specialist

Mclean, VA · On-site

$99K/yr

Principal Risk Specialist The Principal Risk Specialist is responsible for performing business ... Identifies and implements effective controls to manage operational, financial, and compliance risks.

Principal Risk Specialist

Mclean, VA · On-site

$99K/yr

Principal Risk Specialist The Principal Risk Specialist is responsible for performing business ... Identifies and implements effective controls to manage operational, financial, and compliance risks.

Principal Risk Specialist

Mclean, VA · On-site

$99K/yr

Principal Risk Specialist Do you like working in the spotlight? Are you ready to work on the front ... At least 1 year of Financial Services Risk Management Experience * At least 2 years of Project ...

Principal Risk Specialist

Mclean, VA · On-site

$99K/yr

Principal Risk Specialist As a Principal Risk Associate at Capital One you'll be responsible for ... Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other ...

Principal Risk Specialist

Mclean, VA · On-site

$99K/yr

Principal Risk Specialist As a Principal Risk Associate at Capital One you'll be responsible for ... Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other ...

Principal Risk Specialist

Richmond, VA · On-site

$97K/yr

Principal Risk Specialist Do you like working in the spotlight? Are you ready to work on the front ... At least 1 year of Financial Services Risk Management Experience * At least 2 years of Project ...

Principal Risk Specialist

Richmond, VA · On-site

$97K/yr

Principal Risk Specialist As a Principal Risk Associate at Capital One you'll be responsible for ... Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other ...

Lead Risk Specialist

Mclean, VA · On-site

$99K/yr

Lead Risk Specialist Are you ready to lead from the front line of a top 10 bank? Do you thrive in a ... At least 2 years of Financial Services Risk Management experience * At least 3 years of Project ...

Lead Risk Specialist

Mclean, VA

$99K/yr

Lead Risk Specialist Are you ready to lead from the front line of a top 10 bank? Do you thrive in a ... At least 2 years of Financial Services Risk Management experience * At least 3 years of Project ...

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Showing results 1-20

Financial Risk Specialist information

See Virginia salary details

$31.2K

$73.9K

$116K

How much do financial risk specialist jobs pay per year?

As of Jul 27, 2026, the average yearly pay for financial risk specialist in Virginia is $73,889.00, according to ZipRecruiter salary data. Most workers in this role earn between $53,500.00 and $93,200.00 per year, depending on experience, location, and employer.

What are some common challenges Financial Risk Specialists face when working with cross-functional teams?

Financial Risk Specialists often collaborate with departments such as compliance, operations, and IT to assess and manage organizational risks. A common challenge is translating complex risk models and regulatory requirements into actionable steps that non-experts can understand and implement. Effective communication and adaptability are crucial, as priorities may shift quickly in response to emerging risks or regulatory changes. Building strong relationships across teams helps ensure risk controls are properly integrated into business processes.

What does a Financial Risk Specialist do?

A Financial Risk Specialist is responsible for identifying, analyzing, and mitigating risks that could impact a company's financial health. They assess potential threats related to market fluctuations, credit exposure, operational procedures, and regulatory compliance. Using quantitative models, they evaluate risk levels and recommend strategies to minimize losses. Their work helps organizations make informed decisions and maintain financial stability.

What is the difference between Financial Risk Specialist vs Credit Analyst?

AspectFinancial Risk SpecialistCredit Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; certifications like FRM or CFABachelor's degree in finance, accounting, or related; often CFA or similar certifications
Work EnvironmentFinancial institutions, consulting firms, risk management departmentsBanks, lending institutions, credit agencies
Employer & Industry UsageUsed across finance sectors focusing on risk assessment and mitigationPrimarily in banking and lending for credit evaluation

The main difference is that a Financial Risk Specialist focuses on identifying and managing overall financial risks within an organization, including market, credit, and operational risks. In contrast, a Credit Analyst primarily evaluates the creditworthiness of individual borrowers or companies to determine lending risk. Both roles require similar credentials and often work in related environments, but their focus areas differ significantly.

What are the key skills and qualifications needed to thrive as a Financial Risk Specialist, and why are they important?

To thrive as a Financial Risk Specialist, you need strong analytical skills, a solid understanding of financial markets, and a relevant degree in finance, economics, or mathematics. Familiarity with risk assessment tools, statistical software (such as SAS or MATLAB), and professional certifications like FRM or CFA are typically required. Excellent problem-solving, attention to detail, and effective communication skills help you interpret data and collaborate with stakeholders. These competencies are crucial for accurately identifying, assessing, and mitigating financial risks to protect an organization’s assets and ensure regulatory compliance.
What cities in Virginia are hiring for Financial Risk Specialist jobs? Cities in Virginia with the most Financial Risk Specialist job openings:
Infographic showing various Financial Risk Specialist job openings in Virginia as of July 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, and 3% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $73,889 per year, or $35.5 per hour.
Principal Risk Specialist

Principal Risk Specialist

Capital One

Richmond, VA

$97K/yr

Full-time

Posted 23 days ago


Capital One rating

7.7

Company rating: 7.7 out of 10

Based on 145 frontline employees who took The Breakroom Quiz

91st of 170 rated banks


Job description

Principal Risk Specialist

The Principal Risk Specialist is responsible for performing business compliance and operational risk and control activities. They are also responsible for educating and training the business to ensure compliance with regulations. They will also evaluate current operations across the business to identify areas for enhancements. They will serve also as partners with the business to implement processes.
Responsibilities:

  • Creates and distributes monthly risk and project process reporting.

  • Provides education and monitors the business on requirements of company policies and standards related to risk and control ownership.

  • Develops and implements job aids and tools to facilitate efficient completion of policy and standard requirements.

  • Identifies and implements effective controls to manage operational, financial, and compliance risks.

  • Maintains an accurate library of risks and controls. Performs control design reviews and compliance risk assessments.

  • Monitors the risk and control environment for weaknesses and identifies solutions to improve the effectiveness and efficiency of controls.

  • Executes control testing plans.

  • Leads the completion of projects and develops, implements, and administers control standardization and workflow solutions.

  • Creates continual monitoring exception reports for critical business processes.

  • Works as a liaison between Payments Risk and partners such as Operational Risk

  • Management, Internal Audit, Third Party Risk Management, etc.


Basic Qualifications:

  • Bachelor's Degree in Business Or Marketing.

  • 4+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations or Vendor Management.

Preferred Qualifications:

  • 6+ years of experience in Financial Services, Marketing, Compliance, Internal Audit Operations, Vendor Management areas, Operational and Regulatory risk.

  • Payments/Financial industry experience

  • Excellent presentation skills


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: $109,900 - $125,400 for Principal Risk Specialist


McLean, VA: $120,800 - $137,900 for Principal Risk Specialist


Richmond, VA: $109,900 - $125,400 for Principal Risk Specialist


Riverwoods, IL: $109,900 - $125,400 for Principal Risk Specialist








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 theCapital 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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