Senior Manager, Operational Risk Advisor at Capital One

Richmond, Virginia, United States

Capital One Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries

Requirements

  • Bachelor's Degree or military experience
  • At least 3 years of risk management experience in first, second, or third line of defense
  • Preferred: Master’s Degree in Business Management, Information Technology, Accounting, or Economics
  • Preferred: 5+ years of experience as a Risk Manager within financial services
  • Preferred: 5+ years in Commercial Banking
  • Preferred: Experience with Commercial operational processes
  • Preferred: Proficiency with structuring executive-level decks and presentations
  • Preferred: Experience with data analytics tools such as Excel and Tableau

Responsibilities

  • Provide challenge to the first line of defense’s risk-taking and risk assessments
  • Evaluation of new products and initiatives from an operational risk perspective
  • Consult with Commercial on projects, new initiatives, business objectives, processes, risk events, controls, and/or monitoring
  • Evaluate the operational risk profile and risk analysis for the LOB, culminating in quarterly Divisional Operational Risk Reporting
  • Working across the multiple dimensions of operational risk programs and understanding how they impact LOBs
  • Influencing senior risk leaders within ORM and Commercial on key operational risks and actions needed
  • As needed, developing ad-hoc analysis, deep dive investigations, control testing, and driving specific risk initiatives

Skills

Operational Risk Management
Risk Governance
Risk Assessment
Risk Challenge
New Product Evaluation
Control Testing
Risk Reporting
Commercial Banking

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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