Senior Associate- Balance Sheet Risk Oversight- Market & Liquidity Risk Oversight
- Employer
- Capital One
- Location
- McLean, Virginia
- Closing date
- Aug 13, 2021
View more
- Industry
- Financial Services and Banking
- Function
- Finance
- Hours
- Full Time
Job Details
Senior Associate- Balance Sheet Risk Oversight- Market & Liquidity Risk Oversight
Market and Liquidity Risk Oversight (MLRO) is the second line-of-defense risk unit providing independent oversight of Capital One's risk-taking units as they relate to market, liquidity and counterparty risk exposures. The Balance Sheet Risk Oversight (BSRO) team within MLRO provides effective challenge over the firm's Balance Sheet Risk in several key areas including Interest Rate, Liquidity, FTP, and Capital Risks. This role will be focused on Interest Rate Risk, but the associate will have exposure to all risk areas and cross-functional training will be encouraged.
We're seeking inventive, passionate associates with a diversity of perspectives. An associate in MLRO will have the opportunity to become well versed in key areas central to bank risk management. The associate's responsibilities will require analytical analysis and collaboration with partners across Capital One.
The responsibilities in this role will include, but are not limited to:
- Analyze and provide effective challenge on the interest rate risk sensitivities for the overall balance sheet and for individual portfolios (such as deposits or credit-card loans)
- Review the impact of key model changes and perform semi-annual assumption sensitivity analysis
- Maintain and update critical market risk policies and standards (Wdesk system)
- Manage interest rate risk controls and facilitate testing of these controls (Prime system)
- Support the existing governance and compliance framework
Basic Qualifications:
- Bachelor's Degree or military experience
- At least 1 year of experience in risk management, or capital markets, or finance
Preferred Qualifications:
- Major or Minor in a quantitative discipline: finance, economics, business, or pursuing a related advanced degree or certification such as CFA or FRM
- Prior experience with QRM
- A demonstrated interest in financial management and capital markets
- Knowledge of QRM, PRIME, Wdesk systems
- Strong quantitative, analytical, problem-solving and conceptual skills
- Strong interpersonal, leadership and communication skills
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
Company
We Don’t Only Think Big Things—At Capital One, We Do Big Things.
You’re dedicated to your career. You deserve professional satisfaction and personal fulfillment. You belong at Capital One.
Here, every day brings another chance to do impactful work that matters: helping millions of customers confidently manage their money, building stronger communities and delivering truly disruptive tech. You’ll give your all alongside some of the brightest, most resilient people in the industry—and in return, you’ll enjoy the growth opportunities, support, flexibility and benefits you need for an exhilarating life both on and off the job.
Be inspired. Be yourself. That’s #LifeAtCapitalOne.
Creating a Culture of Belonging
At Capital One, we value diversity, inclusion and belonging at our core. We’re building a place of belonging—where everyone can feel seen, heard, valued and free to be their authentic selves. We want to be a place of opportunity—where associates from all backgrounds innovate for our customers and communities, and build meaningful, fulfilling careers.
We endeavor to be a welcoming and inspiring place for all. We seek and embrace diversity. And we’re committed to having a diverse and inclusive workforce, focused on increasing the representation of underrepresented groups, strengthening our culture of inclusion and belonging and harnessing our scale to invest in our communities.
We’re focused on three core principles to advance diversity, inclusion and belonging across Capital One:
Create a culture of belonging where everyone can thrive and innovate
Attract and develop talent from all backgrounds and experiences
Ensure our systems and programs promote fairness and equity
Get a career with more at Capital One. Discover it for yourself today.
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, sexual orientation, gender identity, protected veteran status, disability or other protected status.
Get job alerts
Create a job alert and receive personalized job recommendations straight to your inbox.
Create alert