Finance/Credit Model Risk Manager
AffirmSalary not specified
Full Time
Senior (5 to 8 years), Expert & Leadership (9+ years)
Risk Manager - Commercial and Counterparty Credit at Capital One
McLean, Virginia, United States
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries
Requirements
- Bachelor’s Degree
- Experience in risk or policy framework development, enhancement, or process improvement
- Experience in regulatory compliance and credit risk
- Strong project management experience
- Ability to organize, prioritize, and manage multiple complex projects and deliverables simultaneously
- Strategic and analytic orientation with a proven track record of decision making and problem-solving based on available data
- Solid analytical, research, and investigative skills (e.g., researching laws/regulations, internal policies)
- Excellent verbal and written communication skills, coupled with strategic influencing skills and the ability to drive agreement through intellect, interpersonal, and negotiation skills
- Aptitude for synthesizing complex issues into clear and concise executive-level summaries and presentation materials
- Proactive, results-oriented, and an independent problem-solver with the ability to navigate ambiguity
- Ability to establish credibility and trust with senior stakeholders across all levels of the organization
- Willingness to learn, adapt easily to change, and comfortable challenging the status quo
- Solid understanding of Commercial Banking products and services
- Innovative thinking
- Comfort with ambiguity
- Ability to adapt in a dynamic environment
Responsibilities
- Execute and manage GV&I’s policy and governance coverage model for Counterparty Credit and the GPN
- Provide oversight and effective challenge of policies to lead policy lifecycle management for Counterparty Credit Risk, and Corporate Banking as needed
- Provide critical regulatory and credit policy input to partners across the Counterparty Credit and Corporate Banking to understand transaction risk profiles and policy adherence
- Influence stakeholders by communicating the objective for good risk governance practices and its impact to the business
- Lead and manage change initiatives to enhance risk governance, controls, and processes across Commercial and Counterparty by collaborating with all lines of defense, and Product and Tech partners to maximize the use of technology tools for efficiency and transformation
- Own the Counterparty Credit and GPN relationship and serve as a trusted advisor, including developing the policy and governance coverage model for the GPN during the post-acquisition integration process
Skills
Credit Risk
Regulatory Compliance
Risk Governance
Project Management
Counterparty Credit
Commercial Credit
Risk Policy
Risk Management
Capital One
Offers diverse financial products and services
About Capital One
Capital One provides a variety of financial services aimed at making banking accessible and easy for everyone. The company offers products such as credit cards, savings accounts, car loans, and business checking accounts, catering to both individual consumers and small businesses primarily in the United States. Capital One's approach includes user-friendly banking solutions with no fees or minimums for checking accounts, allowing customers to manage their finances more effectively. They generate revenue through interest on loans, credit card fees, and investment banking services. What sets Capital One apart from its competitors is its strong commitment to financial inclusion and literacy, demonstrated through community partnerships and educational initiatives, such as collaborations with Khan Academy. The company's goal is to create a more inclusive financial system and empower customers with the knowledge and tools they need to make informed financial decisions.
McLean, VirginiaHeadquarters
2014Year Founded
$15.9MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees
Benefits
Medical, Dental, & Vision coverage
Onsite Health Centers
Prescription saving with network of local pharmacies
Stock Purchase Plan
Education Assistance
401(k)
Flexible Spending Accounts
Life and Disability insurance
Generous paid time off + corporate & floating holidays
Registered dieticians on site, cooking classes and free virtual fitness classes
Employee Assistance Program
Risks
Increased competition in subscription management tools may dilute Capital One's advantage.
Over-reliance on partnerships could expose Capital One to technological risks.
Departure of key personnel like Joe Rodriguez may affect risk management continuity.
Differentiation
Capital One offers user-friendly banking with no fees or minimums for checking accounts.
The company partners with Khan Academy to provide financial literacy education.
Capital One is the first major U.S. bank to offer subscription management tools.
Upsides
Capital One's mobile app is a model for secure, user-friendly digital banking.
Data sharing with Worldpay enhances payment security and fraud prevention.
Partnerships with fintechs like Minna Technologies improve customer experience.
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