Jobs › Capital One

Senior Risk Associate, Upmarket & Discover Card - Card Risk(Hybrid)

Capital One · Riverwoods, IL · Full time

Posted Sep 23, 2026 · We last checked this listing on Oct 6, 2026

Apply at Capital One

Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

You'd support risk advisory for Upmarket and Discover Card. How would you go about learning a business area's processes and risks?

What they are checking: Whether they have a real approach to learning a business, since the posting values curiosity and understanding first.

Tell me about a time you challenged the way something had always been done. What happened?

What they are checking: Whether they question the status quo while still moving toward a practical solution.

Tell me about a time you had several deadlines at once. How did you decide what to do first?

What they are checking: Whether they can prioritize and still deliver quality and timeliness in a dynamic setting.

Tell me about a team you were on where trust was low. What did you do to help?

What they are checking: Whether they help build trust and collaboration, which the posting lists as part of the ideal teammate.

What assumption have you tested recently that turned out to be wrong?

What they are checking: Whether they are truly curious and willing to be proven wrong, which helps in risk work.

What would you do

You're helping prepare for an audit, and you notice the evidence a business team gave you doesn't fully support the control. What do you do?

What they are checking: Whether they raise gaps honestly and early instead of hoping no one notices.

Your manager is unavailable and a business partner needs an answer on a control question today. What do you do?

What they are checking: Whether they show ownership while knowing the limits of what they should decide alone.

About the work

What's the purpose of a process risk assessment, and what would you look for in one?

What they are checking: Whether they understand how to identify risks, map controls, and spot gaps in a business process.

What does 'new intent delivery' mean to you, and how would risk support it?

What they are checking: Whether they can reason about reviewing new business initiatives for risk before they launch.

How would you explain the three lines of defense to a friend who doesn't work in banking?

What they are checking: Whether they understand the risk structure well enough to explain it simply.

Practice this interview out loud.

Offer builds a real interview for this exact role at Capital One from your resume and this job description, asks the questions one at a time, and tells you what landed. The first one is free.

Practice this out loud

The full job description

As published by Capital One.

Senior Risk Associate, Upmarket & Discover Card - Card Risk(Hybrid) Capital One is seeking highly motivated Senior Risk Associates interested in supporting and learning about dedicated risk advisory for the Upmarket and Discover Card business segments. Our Senior Risk Associates function as key partners in supporting high visibility and critical risk management activities across multiple lines of defense, such as product and process risk assessments, audits and exams, new intent delivery, control advisory, and more. Ideal candidates will demonstrate ownership in executing these risk management activities, with the support and guidance of an experienced vertical risk manager, and possess a growth mindset and willingness to experience and learn new activities. Here’s what we’re looking for in an ideal teammate: • You are a learner who seeks to understand a business area, its processes, risks and control environment • You challenge the status quo but move quickly to pragmatic solutions • 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 and are intellectually curious. You like to ask questions and test assumptions • You have the capacity to deliver high quality work and effectively prioritize within a dynamic environment • You demonstrate strong organizational and communication skills • You develop influential relationships based upon shared risk objectives • You do the right thing and lead by example Responsibilities: • Directly support vertical risk managers and accountable executives for the Upmarket and Discover Card business segments • Execute critical risk management activities both with and independent of the vertical risk manager • Coordinate, influence, and negotiate priorities with teams to ensure well managed goals/timelines are met; escalating when appropriate • Establish strong interaction models and relationships to collaborate and consult with key stakeholders • Collect data and information and use analytics and reporting to develop risk transparency to senior leadership and executives • Develop strong business acumen to appropriately represent the business to 2nd and 3rd line of defense partners • Develop and maintain formal process documentation including procedures, playbooks, and process flow diagrams that demonstrate the well managed infrastructure Basic Qualifications: • High School Diploma, GED or equivalent certification • At least 1 year of experience in financial services, project or process management, or combination Preferred Qualifications: • Bachelor’s Degree or military experience • 2+ years of experience in project or process management • 1+ years of experience in risk management • 2+ years of experience in presentation or communication • 1+ years of experience in change management 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: $96,500 - $110,100 for Sr. Risk Associate Richmond, VA: $87,700 - $100,100 for Sr. Risk Associate Riverwoods, IL: $87,700 - $100,100 for Sr. Risk Associate 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 the Capital 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).

Apply at Capital One