Principal Risk Specialist Underwriting QA at Capital One

Principal Risk Specialist - Underwriting QASmall businesses are the backbone of America and a vital part of the economy as a whole. Their success is essential to economic growth and prosperity. We believe that confidence is the best business plan. Within Capital Ones Small Business Bank (SBB) division weve helped over hundreds of thousands of business owners secure their finances streamline their cash flow and save time on banking. This is supported by our mission to help small businesses succeed. Our clients arent just our clientstheyre our business partners.Principal Risk Specialists 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 create and implement innovative solutions to identify and mitigate potential risks to the company.Responsibilities:Conduct reviews and testing procedures to determine compliance with Underwriting policies procedures and controls on new loan requests renewals annual reviews interim reviews modifications and WAC reviewsCommunicate review findings to appropriate parties and recommend corrective action plans to control defects occurrenceAnalyze trends identify control gaps and recommend routine and non-routine solutions for process changesComplete process steps to adequately document QA Review performed and to support conclusions reachedCorrective action - Identify and track events and issues to mitigate risk to Capital One. Coordinate with applicable business areas to define and implement remediation activitiesCarry out duties in compliance with all state and federal regulations and guidelinesChampion and enhance organizational initiatives by positively influencing and supporting change management as well as departmental and enterprise initiativesEnsure that Quality Assurance practices policies and procedures are updated in a timely manner maintained online and reviewed periodically to ensure applicability accuracy and relevanceEnsure completion of monthly production requirements within SLAsRisk Consulting to one or more Business Areas relative to their business lines and provide advice and guidance as requiredIs proactive about identifying and delivering improvements in our Small Business credit policy underwriting and risk management and performs special project work as appropriateContributes to department trainingBasic Qualifications:At least 3 years of experience in credit administration loan underwriting credit review commercial lending or a combinationPreferred Qualifications:Bachelors Degree or Military experienceCompletion of a formal credit training or credit underwriting programAt least 2 years of Financial Services Risk Management experienceAt this time Capital One will not sponsor a new applicant for employment authorization for this position.This role is hybrid meaning associates spend 3 days per week in-person at one of our offices listed on this job posting. Monday - Friday are in-person days for associates to spend time together working in our beautifully-designed team areas.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.Plano TX: $106700 - $121700 for Principal Risk SpecialistCandidates 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 candidates 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 Citys Fair Chance Act; Philadelphias 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- or via email at . 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 Ones recruiting process please send an email to 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).Required Experience:Staff IC Key Skills Interventional Radiology,Information Technology Sales,Jdbc,Glass,Architecture Employment Type : Full-Time Experience: years Vacancy: 1 Monthly Salary Salary: 106700 - 121700