Manager, Risk Management

at  Capital One

Center 2 (19050), United States of America, McLean, Virginia
Manager, Risk Management
The Credit and Financial Risk Management (CFRM) Risk Office is seeking a highly motivated Risk Advisor, ready to apply their analytical, risk, communication, and project management skills. In this role you will contribute to CFRM’s overarching risk management strategy by supporting teams through ongoing regulatory engagements and audits, providing counsel and thought leadership, and driving execution. You will also be responsible for helping identify any issues related to CFRM’s governance and oversight processes, and for providing advice on how to address those issues.
As a key partner, you will work with the various leaders across CFRM and the Business Units. Through your work, you will gain a broad, general understanding of how Capital One manages model, data, and technology risks. You will also gain deeper knowledge in the specific areas of CFRM risk management focus, including credit risk, market and liquidity risk, and model risk. At the same time, you will exercise your skills in analytic rigor, problem solving and strategic thinking. Our ideal candidate will be a self motivated risk professional with excellent analytical, organizational, and communication skills.

Responsibilities:

• Understand CFRM’s strategy and contribute to its evolution over time; understand how CFRM executes its responsibilities and help CFRM effectively communicate those activities;
• Support CFRM through ongoing supervision and routine regulatory engagements by providing counsel and thought partnership;
• Manage internal audits and regulatory exams directed to and/or impacting CFRM;
• Facilitate and lead risk assessments and related activities (Critical Business Process Identification, Process Level Assessments, Risk and Control Self-Assessments, Control Testing etc), which include providing advice and challenge and driving outcomes;
• Remain current on the changing regulatory environment and understand the impacts to overall Risk Management
• Leverage industry benchmarking and best practices to provide thought leadership and guidance to executives and their teams on sound risk management practices;
• Analyze data to proactively identify risks, trends, and process improvements;
• Effectively collaborate with executives, business stakeholders and other risk management professionals across all three lines of defense (e.g. Business Risk Office Partners; Audit; Enterprise Risk Management (ERM)) through various risk programs and engagements;
• Monitor issue remediation, tracking, and closure;
• Set direction, manage expectations and indirectly lead cross-functional teams
• Escalate and report critical issues and risks to the Risk Management Business Risk Office and ERM Leadership team;
• Manage and oversee special projects and engagements in collaboration with the overall Risk Management Leadership

Basic Qualifications:

• Bachelor’s Degree or military experience
• At least 5 years of experience consulting, auditing, or working in the fields of model and data, or risk management
• At least 3 years of experience interacting or engaging with internal audit or federal regulators

Preferred Qualifications:

• 6+ years of experience consulting, auditing, or working in the fields of model and data, or risk management
• 4+ years of experience interacting or engaging with internal audit or federal regulators
• 3+ years of Process or Project Management or related experience leading cross functional projects and programs
• Experience in a second-line or oversight role at a financial institution or regulatory agency
• Knowledge of supervisory expectations expressed in the FFIEC IT Handbook, Federal Reserve Supervisory Letters, Office of the Comptroller of the Currency Bulletins, or Federal Deposit Insurance Corporation Financial Institution Letters
• Professional or risk management certifications, [Certified Risk Management Assurance (CRMA), Certified Regulatory Compliance Manager (CRCM), Certified Information Systems Auditor (CISA), or Certified Risk & Information Systems Control (CRISC)]
• Excellent written and verbal communication

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. 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
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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)

• Understand CFRM’s strategy and contribute to its evolution over time; understand how CFRM executes its responsibilities and help CFRM effectively communicate those activities;
• Support CFRM through ongoing supervision and routine regulatory engagements by providing counsel and thought partnership;
• Manage internal audits and regulatory exams directed to and/or impacting CFRM;
• Facilitate and lead risk assessments and related activities (Critical Business Process Identification, Process Level Assessments, Risk and Control Self-Assessments, Control Testing etc), which include providing advice and challenge and driving outcomes;
• Remain current on the changing regulatory environment and understand the impacts to overall Risk Management
• Leverage industry benchmarking and best practices to provide thought leadership and guidance to executives and their teams on sound risk management practices;
• Analyze data to proactively identify risks, trends, and process improvements;
• Effectively collaborate with executives, business stakeholders and other risk management professionals across all three lines of defense (e.g. Business Risk Office Partners; Audit; Enterprise Risk Management (ERM)) through various risk programs and engagements;
• Monitor issue remediation, tracking, and closure;
• Set direction, manage expectations and indirectly lead cross-functional teams
• Escalate and report critical issues and risks to the Risk Management Business Risk Office and ERM Leadership team;
• Manage and oversee special projects and engagements in collaboration with the overall Risk Management Leadershi