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Operational Risk Associate Jobs in Alexandria, VA

Success in this position will rely heavily on working well with associates and leaders across the ... Collaborate effectively with senior leadership across organizations such as Operational Risk ...

Success in this position will rely heavily on working well with associates and leaders across the ... Collaborate effectively with senior leadership across organizations such as Operational Risk ...

Senior Auditor - Risk Management

Mclean, VA · On-site

$81.90K - $100.60K/yr

... Operational Risk Management At this time, Capital One will not sponsor a new applicant for employment authorization for this position. This role is hybrid meaning associates typically spend 3 days ...

Senior Auditor - Risk Management

Mclean, VA

$81.90K - $100.60K/yr

... Operational Risk Management At this time, Capital One will not sponsor a new applicant for employment authorization for this position. This role is hybrid meaning associates typically spend 3 days ...

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Operational Risk Associate information

See Alexandria, VA salary details

$12

$28

$57

How much do operational risk associate jobs pay per hour?

As of Jun 1, 2026, the average hourly pay for operational risk associate in Alexandria, VA is $28.05, according to ZipRecruiter salary data. Most workers in this role earn between $18.99 and $32.36 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Operational Risk Associate, and why are they important?

To thrive as an Operational Risk Associate, you need strong analytical skills, knowledge of risk management frameworks, and a background in finance, business, or a related field. Familiarity with risk assessment tools, regulatory compliance systems, and certifications such as FRM or CRISC is often required. Attention to detail, problem-solving ability, and effective communication are vital soft skills for identifying risks and collaborating with teams. These skills ensure accurate risk identification, regulatory compliance, and the development of strategies to mitigate operational losses.

What are the typical challenges an Operational Risk Associate faces when working with cross-functional teams?

Operational Risk Associates often collaborate with departments such as compliance, audit, IT, and business operations to identify and mitigate potential risks. One common challenge is ensuring clear communication and alignment across teams with different priorities and risk tolerances. Additionally, navigating data inconsistencies and varying risk awareness levels can make it difficult to implement standardized controls. Building strong relationships and maintaining open channels for feedback help address these challenges and foster a proactive risk culture.

What does an Operational Risk Associate do?

An Operational Risk Associate is responsible for identifying, assessing, and helping to mitigate risks that could impact a company's day-to-day operations. They work to ensure that processes, systems, and controls are in place to minimize the likelihood and impact of operational failures, such as fraud, system breakdowns, or regulatory breaches. Their duties often include risk assessments, incident reporting, data analysis, and supporting the implementation of risk management policies and procedures. Operational Risk Associates frequently collaborate with other departments to raise awareness and promote a strong risk culture within the organization.

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

AspectOperational Risk AssociateCredit Risk Analyst
Required CredentialsBachelor's degree, certifications like FRM or ORMBachelor's degree, certifications like CFA or FRM
Work EnvironmentFinancial institutions, risk management teamsBanking, lending institutions, credit departments
Employer & Industry UsageUsed in risk management departments across finance sectorsCommon in banking and lending sectors for credit assessment
Comparison Search IntentUnderstanding risk management roles in operationsAssessing credit risk and loan viability

The Operational Risk Associate focuses on identifying and mitigating risks related to operational processes within financial institutions, while the Credit Risk Analyst specializes in evaluating the creditworthiness of borrowers. Both roles require similar certifications and work in risk-related departments, but their core responsibilities differ—one manages operational risks, the other assesses credit risks.

What are the most commonly searched types of Operational Risk jobs in Alexandria, VA? The most popular types of Operational Risk jobs in Alexandria, VA are:
What are popular job titles related to Operational Risk Associate jobs in Alexandria, VA? For Operational Risk Associate jobs in Alexandria, VA, the most frequently searched job titles are:
What job categories do people searching Operational Risk Associate jobs in Alexandria, VA look for? The top searched job categories for Operational Risk Associate jobs in Alexandria, VA are:
Principal Associate - Card Risk (Hybrid)

Principal Associate - Card Risk (Hybrid)

Capital One

Mclean, VA

Full-time

Posted 15 days ago


Capital One rating

7.7

Company rating: 7.7 out of 10

Based on 134 frontline employees who took The Breakroom Quiz

74th of 141 rated banks


Job description

Principal Associate - Card Risk (Hybrid)

Do you like working in the spotlight? Are you ready to work on the front line of a top 10 Bank? Can you build relationships as well as develop and implement innovative risk management solutions at the forefront of technology? As a Principal Associate Risk Manager at Capital One, you'll be responsible for working with business partners to identify and mitigate potential risks to Capital One platforms.

Risk Managers at Capital One are the front line of defense to ensure our company remains stable and profitable. They lead, advise and innovate on top transformational initiatives across the businesses in the first line of defense.

Risk Managers at Capital One are highly motivated Risk Management professionals with excellent organizational and communication skills. They have a high level of exposure across lines of business and have the opportunity to work with executives to create and implement innovative solutions to identify and mitigate potential risks to the company.

General Responsibilities:

  • Facilitating the risk assessment process associated with new/changing intent for multiple Card business areas

  • Develop management reporting based on risk assessments

  • Coordinating the various process interactions, including meeting logistics, and facilitating collaborative meetings with 1st and 2nd line process participants

  • Stay current on the changing regulatory environment and understand the impacts to your businesses

  • Partner with data analysts to iterate and improve upon risk monitoring and reporting

  • Synthesize data and perform analysis to bring valuable business insights to the Card business

  • Assess controls, and glean insights from issues and events in across business areas

  • Design, implement, and/or influence internal governance processes

  • Connecting the dots of the changing strategic and operational priorities and risk environment and partnering with the risk advisors and business to understand the impacts

  • Partner with internal customers to provide strategic and tactical thought partnership to effectively drive project delivery

  • Demonstrate outstanding communication and partnership skills which are essential for interacting and communicating with key stakeholders across all levels to manage, inform, and influence outcomes

  • Supporting, partnering and interacting with internal business clients in many forms such as advisor, project manager, or performer

Here's what we're looking for in an ideal teammate:

  • You are a critical thinker who seeks to understand the business, its processes, risks and control environment

  • You create energy and an environment that fosters trust, collaboration, and belonging.

  • You possess a relentless focus on quality and timeliness

  • You adapt to change, embrace bold ideas, and are intellectually curious. You like to ask questions, test assumptions, and challenge conventional thinking

  • You develop influential relationships based upon shared risk objectives

  • You do the right thing and lead by example

Basic qualifications:

  • High School Diploma, GED or equivalent certification

  • At least 1 year of risk management or compliance experience

  • At least 2 years of project or process management experience

  • At least 2 years of experience supporting, partnering, and interacting with internal business clients

Preferred qualifications:

  • Bachelor's Degree or military experience

  • 1+ years of experience facilitating and conducting Risk Assessments

  • 1+ years of experience developing presentations for senior stakeholders

  • 1+ years of experience reporting and analyzing data

  • 3+ years of financial services or risk management experience

  • 4+ years of project or process management experience

  • 4+ years of experience supporting, partnering, and interacting with internal business clients

  • Professional certifications within risk management or assurance (Certified Risk Management Professional, Certified Internal Auditor).

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









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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