Senior Business Director - Credit Loss Forecasting

Capital One
McLean, Virginia
Sep 18, 2021
Oct 18, 2021
Full Time
Center 2 (19050), United States of America, McLean, Virginia

Senior Business Director - Credit Loss Forecasting

As a Senior Business Director at Capital One, you will apply your strategic and analytical skills to major company challenges. You'll team with world-class professionals to develop and test strategies that ultimately impact the bottom line. And you will do it all in a collaborative environment that values your insight, encourages you to take on new responsibility, promotes continuous learning, and rewards innovation.

This position is part of Capital One's Risk Management division and leads the second line challenge function for consumer credit loss forecasts that form the backbone to our Capital Stress Testing and Allowance processes. The successful candidate will lead a team that will develop a deep understanding of our forecasting frameworks and business strategies to challenge the appropriateness of the credit loss forecasts that can have a critical impact on earnings and capital management.  

Specific responsibilities include, but are not limited to:
- Strategic leadership: Develop and implement challenge strategies for the consumer credit forecasts (predominantly Domestic Card and Auto) for the quarterly Allowance (ACL) and Capital Planning processes (including CCAR)
- TeamLeadership: Build and lead a team of analysts to drive challenges to the credit forecasts. Coach and mentor associates with a goal of developing and retaining talent at Capital One
- Credit Insights & Risk Management: Build and drive agenda for process improvement and deep dive analytical exercises that help mitigate risk and drive insights into the forecasts

-Third line & regulatory interactions: Represent the challenge process and outcomes to Credit Review, Audit and Regulators including the Federal Reserve and OCC.
- Partnership & collaboration: Work closely with colleagues across Capital One including forecasting teams, model risk office, and credit teams

The ideal candidate should have:

- Deep expertise in consumer credit and forecasting

- Familiarity in statistical techniques used in forecasting credit performance
- Strategic & analytic orientation: Proven track record of decision making and problem solving based on analytics. Conceptual thinking skills must be complemented by a strong quantitative orientation
- Strong business judgment, leadership & integrity: Strong intuition and judgement into material aspects of the business and forecasts
- Solid people leadership experience: Ability to build and leverage the capabilities of a high-performing team, as well as business partners across the enterprise. The candidate should foster innovation, drive critical decisions, hold business partners accountable, and be able to consistently deliver results
- Strong executive communication skills: Impeccable written and oral communication credentials, coupled with strategic influencing skills and the ability to drive agreement through intellect, interpersonal and negotiation skills
- Clear results orientation: Display an intense focus on achieving both short and long term goals; should be able to drive and execute an agenda in an uncertain and fluid environment
- Successful track record: Thrive in a fast paced, entrepreneurial and dynamic environment

Basic Qualifications:
- Bachelor's Degree
- At least 7 years of experience in analysis

Preferred Qualifications:
- Master's Degree
- 2+years of experience in financial services
- 1+ year of experience in consulting
- 3+ years of experience in people management

Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.

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 . 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

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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).

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