Risk Manager - Corporate Banking Risk Advisory Team

Capital One
McLean, Virginia, United States
Mar 26, 2023
Apr 13, 2023
Full Time
Center 2 (19050), United States of America, McLean, Virginia

Risk Manager - Corporate Banking Risk Advisory Team

Do you like working in the spotlight? Are you ready to work at a top 10 Bank? Can you build relationships as well as develop and implement innovative solutions? As a Risk Manager at Capital One you'll be responsible for working with business and risk partners to identify and mitigate risks to Capital One. Risk Managers at Capital One are strategic components of the first line of defense ensuring our Company remains stable and profitable.

The Commercial Risk Team supports risk management with the lines of business. Its Risk Advisors are accountable for supporting the business in successfully managing all facets of risk by providing critical services and expertise. This associate will assist the Risk Advisors in their day-to-day activities in managing non-credit risk for the Corporate Banking line of business within Commercial Banking. The ideal candidate will have excellent communication and interpersonal skills, the ability to work autonomously, flexibility in managing changing priorities in an Agile framework, and a desire to help the Commercial Bank succeed. Strong problem solving, integrative thinking, prioritization, and communication skills are essential for success in this role.

The Role:

As a member of the Corporate Banking Risk Advisory Team (within Commercial Risk), you'll be challenged to deliver the risk mitigation strategy for this diverse organization. You'll work with various stakeholders, within the lines of business and partner organizations, to evaluate and manage risks, and strengthen the control environment, effectively reducing the business' overall risk profile while building lasting partnerships.

Departmental functions include: direct business engagement and support, policies and procedures, training and awareness, operational risk framework, process identification and standards, control monitoring and testing, operational risk reporting, issue and event management, business continuity management, information security, third party management, risk identification, assessment, mitigation and reporting. Commercial Risk interacts with internal and external partners for internal and external audits, Regulatory exams and compliance assessments. We are the first point of contact for all second line operational risk management including business continuity, third party management, data governance, information security, access management, and model governance.

Risk Managers at Capital One are highly motivated professionals with excellent organizational and communication skills. They have a high level of exposure across lines of business and have the opportunity to work with Executives to create and implement innovative solutions to identify and mitigate potential risks to the Company.

  • Business Engagement -closely and regularly engage with the Line of Business in transaction risk evaluation support, Risk process guidance and facilitation, and providing general Policy and Regulatory advice as needed
  • Team Support - Create capacity for Risk Advisors with ad-hoc and routine deliverables, audits/exams, and investigations
  • Risk Intelligence - Develop, enhance and manage core and ad hoc business risk reporting
  • Execute - Manage, implement and deliver on a subset of the program deliverables including drafting communications, writing and editing policies, procedures, business continuity plans, audit remediation responses, etc.
  • Change Management - Drive change control efforts at the process level to ensure impacts are appropriately assessed, documented, socialized and implemented
  • Facilitate and Support Enterprise Risk Processes - Drive required horizontal efforts (risk assessments, change management, policy governance, risk identification, audits/exams) within the Corporate Banking vertical lines of business
  • Corrective Action - Identify and manage events and issues to mitigate risk to Capital One. Coordinate with applicable business areas to design and implement remediation plans
  • Relationship Management - Develop and leverage key relationships with stakeholders that enable collaboration across the enterprise and add value and optimize efficiency for leaders
  • Control Design & Monitoring - Design and implement controls to mitigate risks within business processes

Basic Qualifications:
  • Bachelor's Degree or military experience
  • At least 2 years of experience managing cross functional projects and programs
  • At least 3 years of Risk Management experience either directly as a risk manager or through partnership working with a risk team
  • At least 4 years of financial services experience
  • At least 5 years of experience supporting, partnering and interacting with internal operations or business clients

Preferred Qualifications:
  • 2+ years of exposure to Commercial Banking
  • 2+ years of experience with data and reporting tools (i.e. Tableau, SQL, Python, etc.)
  • Risk or compliance certification (i.e. ACAMS, GARP FRM, etc.)

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.

Location is New York City: $147,800 - $168,700 for Risk 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.

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, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, 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

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).

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