Manager, Capital Markets and Risk Management - Capital Risk Oversight

Capital One - McLean, VA4.0

McLean 1 (19050), United States of America, McLean, Virginia
At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Manager, Capital Markets and Risk Management - Capital Risk Oversight

Manager, Capital Markets and Risk Management – Capital Risk Oversight

The Capital Risk Oversight team is seeking a motivated candidate for a Manager, Capital Markets and Risk Management position. Capital Risk Oversight is a second line of defense function responsible for oversight of the company’s capital measurement and management. This includes internal capital requirements (economic capital), stress testing (CCAR / DFAST), regulatory requirements (Basel), capital allocation, overall capital frameworks, and regulatory compliance.

The second line of defense is both an expert advisor of the first line and an effective challenger of first line risk activities. The successful candidate will help to influence the company’s capital approaches and processes, and will build strong partnerships with the first line of defense capital teams and other internal independent review and challenge organizations (e.g., Enterprise Risk Management, Market and Liquidity Risk, Model Risk Office, Corporate Compliance and Internal Audit).

Provide support in ensuring the capital risk oversight review and challenge framework is implemented appropriately, interacting with and influencing a wide range of groups
Drive the design, execution, and management of monitoring plans, oversight initiatives, and compliance assessments as part of the Company’s overall Risk management framework, ensuring Compliance, Audit and Regulatory requirements are being met
Execute the evaluation of design and operating effectiveness of controls established by the first line of defense and the remediation of gaps, issues, and other concerns
Lead the creation of various presentation materials for diverse stakeholders
Help develop communications, to senior management, the Board, regulators, and auditors
Support the execution of challenges related to capital measurement and management processes, including forecasting methodologies, assumptions/inputs, governance, results, and business decisions
Maintain an understanding of industry best practices, trends, and supervisory guidance with respect to capital measurement and management
Champion ideas related to process automation and application of relevant/emerging technologies to the company’s stress testing processes

The ideal candidate will possess:
Proficiency in understanding of financial institutions, bank balance sheet and profit and loss, capital concepts and capital’s impact on business decision-making and risk management
Experience in Finance or Risk Management or similar role at a regulated Financial Institution or Consulting firm
Experience with design and implementations of risk governance frameworks
Strong execution skills with commitment to detail
Strong communication skills, both written and verbal
Problem solving and innovative thinking skills
Ability to collaborate, build positive relationships, and exert influence without direct authority
Ability to apply strong judgment in areas of ambiguity

Basic Qualifications:
Bachelor’s Degree in Finance, Accounting, Economics, or related field
At least 5 years of related experience including a strong understanding of Capital measurement and management
At least 5 years of experience in Risk Management
At least 5 years of experience with governance processes
Expertise in Microsoft Word, Microsoft Excel and Microsoft PowerPoint

Preferred Qualifications:
Chartered Financial Analyst (CFA) license, Certified Public Accountant (CPA) license, Financial Risk Management (FRM) or other Finance/Risk Management professional certification(s)
5+ years’ experience working with regulatory or corporate governance requirements
At least 5 years of experience in Communication and presentation skills.
Deep understanding of regulatory and corporate governance issues and compliance
Experience automating processes with respect to Risk Management and/or Change Management
Knowledge of/aptitude with technologies such as Python, SQL and R
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.