Principal Associate, Project Management - Card Association Management Team (Hybrid)

Company: Capital One
Location: Richmond
Posted on: April 2, 2026

Job Description:

Principal Associate, Project Management - Card Association Management Team (Hybrid) The CAM team manages the Capital One relationship with our payment network partners: Visa, Mastercard and Discover. We manage our contract negotiations with the networks, including those for new issuance, new product development, tech development, research initiatives, cardholder benefits, and others. The team serves as the liaison between the payment networks and the various lines of business within Capital One, including Consumer Card, Business Cards & Payments (BC&P), Retail Bank, Canada, and the UK. The team partners horizontally with teams in Fraud, Authorizations, Emerging Payments, ESM, and Channels to ensure Capital One complies with network business requirements, developments, and mandates or network rules. Finally, the team works to optimize network economics from the perspective of fees, incentives, and interchange to maximize cardholder experiences and corporate financial performance. We are seeking a strategically minded Principal Associate Project Manager with strong relationship-building skills to support the Business Cards and Payments line of business. You will be responsible for working with the Payment Networks, and our internal partners, to identify, assess, and execute strategies that will impact BC&P. This role is responsible for project management, support, and coordination across complex Capital One third party relationships which reach across business areas and divisions, like Fraud, Channels, and Emerging Payments. Understanding Network strategies in these areas and the impacts on BC&P will be a large focus of your role. Attention to detail, the ability to apply judgment as well as confident and effective communication across all levels will be instrumental to your success in this role. As part of the Card Association Management (CAM) team, you will: Support new and ongoing BC&P strategies that align with the Networks Be a key contributor to CAM strategy and intent, coordinating execution and delivery of campaigns in partnership with various fulfillment partners and a complex relationship matrix, including but not limited to projects that support current and future contract objectives Help identify operational needs to support interactions and escalations Balance internal and external priorities and resource challenges Seek to continuously improve the execution of projects with degrees of operational complexity Demonstrate flexibility to adjust to changing demands Document key activities to fulfill audit and risk functions We want you if you are: Eager to grow. This is a great opportunity to work with a well established team, engage deeply in building Network relationship and grow your career. Intellectually Curious. You ask why, you explore, and are relentless in your pursuit of answers. You are comfortable with ambiguity, a seeker of new challenges, and possess a hunger to learn. Do-er. You’re biased toward action, you try things and sometimes you fail. You can get around roadblocks and stay focused on your goals. You’re well organized, able to multitask and able to prioritize your work. Passionate & Customer Focus . You have a desire and ability to connect with our external or internal customers to fully understand their needs. You seek common ground and shared goals across differing perspectives. Learner. You have an appetite to learn new things or new technologies all while exhibiting humbleness when the time comes to ask for help. Team Player. You enjoy working with diverse people and driving the team toward a common goal; you have the ability to put the team before yourself and establish long-lasting relationships. Basic Qualifications: High school diploma, GED or equivalent certification At least 4 years of experience in process or project management in the financial services industry Preferred Qualifications: Bachelor’s Degree or Military Experience 7 years of Financial Services Experience 1 years of process documentation experience PMP, Lean, Agile or Six Sigma certification Strong communication, problem solving and collaboration skills 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. Richmond, VA: $109,900 - $125,400 for Principal Project Manager 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).

Keywords: Capital One, Dale City , Principal Associate, Project Management - Card Association Management Team (Hybrid), Accounting, Auditing , Richmond, Virginia