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Principal Risk Specialist (Control Testing)

Location: City of Muntinglupa, Calabarzon
Job ID R238418 Updated date 03/19/2026
Alabang (96050), Philippines, Muntinlupa City, National Capital Region (Manila)

Principal Risk Specialist (Control Testing)

Summary:
● To effectively identify, assess, monitor, and mitigate risks within the site consistent with Capital One’s internal controls and policies


General Responsibilities:
● Performance of First Line of Defense Assessments
○ Conducts periodic controls testing
○ Performs Business Area Risk Review / Risk Management and Control Framework / Enterprise Risk Self- Assessment
○ Leads local site audit management
○ Liaises with internal and external auditors to facilitate audit requirements

● Risk and Remediation Monitoring

○ Inputs risk issues and events in GRC
○ Identifies potential risk issues and events and reports appropriate ticket for resolution
○ Participates in the analysis and resolution of risk issues and controls
○ Conducts local site audit remediation
○ Maintains inventory of identified risks, controls, and remediation completion

● Site Risk Management

○ Partners and liaises with Risk counterparts and the management team in implementing sustainable policies and compliance control programs
○ Ensures site awareness of risk management, including but not limited to the following activities:
○ Provides training and assistance to Risk points-of-contact (POCs) and other employees on control procedures
○ Performs periodic testing, control awareness discussions, distribution of control tools (eg. findings database)
○ Cascades respective risk policies and standards relevant to each function
○ Prepares materials for monthly Risk Committee Review meeting

● May be assigned / rotated across related sub-functions including but not limited to sub-functions within Shared Services
● Other job-related duties that may be assigned from time to time

Basic Qualifications:
● Educational Background: Business graduate, preferably with Accounting units
● Professional Experience: 3-5 years’ experience in managing risk and internal controls in Financial industry; Certified internal Auditor
● Skills Required:
○ Understanding of operational risk management framework and techniques;
○ Strong analytical skills to understand risk processes and identify appropriate controls;
○ Effective communication skills to present, negotiate, and influence
○ Sound judgment in recommending and implementing resolutions

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).

Who We Are

At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.