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Operational Risk Associate Jobs in Manakin, VA (NOW HIRING)

Capital One

Director, Risk Management

Richmond, VA · On-site

... Operational Risk Management (ORM) in the Second Line of Defense, that's exactly what you'll do. Working with talented associates in ORM and other key stakeholders across the company, you will apply ...

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Operational Risk Associate information

See Manakin, VA salary details

$10

$24

$49

How much do operational risk associate jobs pay per hour?

As of Sep 7, 2026, the average hourly pay for operational risk associate in Manakin, VA is $24.45, according to ZipRecruiter salary data. Most workers in this role earn between $16.59 and $28.22 per hour, depending on experience, location, and employer.

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 are the key skills and qualifications needed to thrive as an Operational Risk Associate?

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 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 cities near Manakin, VA are hiring for Operational Risk Associate jobs?

Cities near Manakin, VA with the most Operational Risk Associate job openings:

Operational Risk Associate jobs near you
Infographic showing various Operational Risk Associate job openings in Manakin, VA as of June 2026, with employment types broken down into 78% Full Time, 18% Part Time, 1% Temporary, and 3% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $50,853 per year, or $24.4 per hour.

Principal Risk Associate, Well Managed Team - Business Cards & Payments

Capital One

Richmond, VA • On-site

Full-time

Posted 6 days ago

Key responsibilities

  • Partner with stakeholders to ensure the LAUNCH change initiative is monitored, managed, and progress is tracked.

  • Work with the business to ensure proper implementation of processes and programs to comply with regulatory laws like Dodd-Frank Section 1071.

  • Collaborate with the GenAI Director to establish a well-managed approach for GenAI across BC&P pre and post implementation.

Capital One rating

7.8

Company rating: 7.8 out of 10

Based on 148 frontline employees who took The Breakroom Quiz

89th of 175 rated banks

Job description

Principal Risk Associate, Well Managed Team - Business Cards & Payments

Level: Principal Associate
Location: McLean or Richmond - VA and Hybrid

About Business Cards & Payments (BC&P) | Build the Future.

At BC&P, we bring a builder's mindset to work, just like the business owners we serve. Small businesses are a different kind of customer. They're the people turning ideas into opportunities, and opportunities into livelihoods. When we build for them, we build something bigger. That's why we have a high bar for quality. We own the work end to end, turning today's insights into tomorrow's results, together.

  • We're relentlessly curious.

  • We ask the hard questions.

  • We make space for the best ideas to win.

Because that's how we create impact we can be proud of.

The Team:

In Business Cards and Payments (BC&P), we are on a mission to pave the path for businesses to do more business. Within the BC&P Operating Office, we serve as the operational engine, enabling alignment, velocity, and resilience across the organization. Our office is comprised of three pillars - Strategic, Organizational, and Top of House Operations - that collectively drive our commitment to operational excellence. We are seeking a forward-thinking Principal Risk Associate to help advance our BC&P operational strategy.
You will help lead automation, artificial intelligence, and innovative ways to elevate the maturity of our operational processes along with ensuring proper regulatory compliance. By partnering with stakeholders to implement scalable, technology-forward solutions, you will drive adherence to well managed practices while identifying and operationalizing process improvements.

The Role:

The ideal candidate is a detail-oriented professional with a passion for innovation, improvements, and compliance. You thrive on staying ahead of the curve, utilizing the latest industry trends and technological advancements to optimize internal processes. As a collaborative influencer, you excel at building strong relationships across cross-functional teams, championing process efficiency, and actively contributing to the maturity of our process and control ecosystem. You are a self-starter who works autonomously, managing multiple priorities and initiatives with minimal supervision.

Joining our team means operating at the intersection of risk management and modern technology. We are looking for a thinker who not only understands risk but actively seeks ways to simplify and modernize how we manage it. If you enjoy navigating dynamic environments, influencing change through data-driven insights, and driving efficiency, this role provides the platform to make a meaningful impact.

Job Responsibilities:

  • Regulatory Oversight: Working with the business to ensure proper implementation of processes/programs to be compliant with new regulatory laws like Dodd-Frank Section 1071.

  • GenAI Governance: Partner with GenAI Director to ensure a well managed approach for GenAI across BC&P pre and post implementation.

  • LAUNCH Initiative: Partnering with key stakeholders to ensure the LAUNCH is efficient for BC&P by monitoring and managing the implementation of the change initiative, track progress, adjust as needed.

Basic Qualifications:

  • Bachelor's Degree or military experience

  • At least 4 years of experience in Risk Management, Project Management, Process Management, Compliance, or Audit

  • At least 3 years of experience working with business and risk teams to drive cross-functional operational initiatives

Preferred Qualifications:

  • 5+ years of experience in Risk Management, Project Management, Process Management, Compliance, or Audit

  • Proven track record of transforming operational workflows and enhancing process maturity through the implementation of automation, data-driven insights, and technology-led solutions

  • Demonstrated ability to navigate ambiguous environments and manage multiple priorities autonomously

  • Experience leveraging automation tools such as: GenAI, workflow automation, or data visualization to transform operational workflows

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.

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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