Senior Manager, Vertical Risk Manager: DaaS (Decisioning as a Service)
Senior Risk Managers at Capital One are highly motivated Risk Management 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.
The Vertical Risk Manager , Sr Manager, (VRM) within Card Risk Data, Models, Decisioning & Credit (“DMDC”) supports Decisioning as a Service (DaaS), providing risk framework guidance across product, platforms, and the well managed execution of processes. VRMs act as the first line of defense, leading, advising, and innovating on top transformational initiatives while partnering with business leaders to identify and mitigate potential risks to Capital One. This role offers a high level of exposure across lines of business, where VRMs collaborate with Executives and their teams to deliver risk solutions that directly impact customer experience and ensure Capital One’s continued growth and success.
Responsibilities:
- Work with business teams and other key stakeholders to help develop well-designed products, processes, marketing, and supporting technologies and implement risk management practices; support our business partners on risk / return trade-off decisions
- Lead risk framework discussions and drive creative solutions to improve the risk profile
- Participate in risk forums and business reporting routines and contribute to continuous improvement of risk management practices
- Lead ad-hoc projects to improve processes or control environment to mitigate risks
- Synthesize data and reporting; perform analysis and bring valuable proactive business insights through evaluation of data provided by team analysts
- Drive and deliver results and improvements in line with the business’ well managed and risk agendas
- Stay abreast of the changing regulatory environment and understand the impacts to the business areas that you support
- Collaborate effectively across multiple levels and organizations
- Collaborate effectively between risk, compliance and other business support functions (e.g., legal, privacy) (e.g., operations, risk management, enterprise management, etc.) to achieve objectives and support the organization in delivering on top priorities in a timely and efficient manner
- Support, partner, and interact with internal business clients
- Build relationship and collaborate with key stakeholders, driving cross-functional opportunities to grow brand, processes and an enhanced risk management environment
- Set direction, manages expectations and lead cross-functional teams
Here’s what we’re looking for in an ideal teammate:
- You are passionate about identifying challenges and solving problems
- You think critically and seek to understand the business, its processes, risks and control environment
- You possess a relentless focus on quality and timeliness
- You adapt to change, embrace bold ideas, and are intellectually curious; you test assumptions and challenge conventional thinking
- You develop influential relationships based upon shared risk objectives
- You create energy and an environment that fosters trust, collaboration, and belonging
- You do the right thing and lead by example; you have a passion for investing in the betterment of the team
Basic Qualifications:
- Bachelor’s Degree or Military experience
- At least 5 years of experience working in risk management or financial services
- At least 4 years of program management experience
- At least 4 years of experience supporting, partnering and interacting with internal business clients
Preferred Qualifications:
- Masters Degree
- 6+ years of Project Management experience leading cross functional projects and programs in Risk
- 6+ years of program management experience leading cross functional risk programs
- 6+ years of financial services risk management experience
- 3+ years experience in Agile or design thinking
- 4+ years of Compliance, Legal, Audit, or first or second line Risk Management experience
- 3+ years of experience in reporting and analyzing data
- Certified Risk Management Assurance (CRMA) or Certified Regulatory Compliance Manager (CRCM)
- PMP, Lean, Agile or Six Sigma certification
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.
McLean, VA: $177,700 - $202,800 for Sr. Risk Manager
Richmond, VA: $161,500 - $184,300 for Sr. 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.
This role is expected to accept applications for a minimum of 5 business days.
No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. 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.
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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).