Business Director - Credit Analytics

Capital One National Association; McLean (VA); On-site; USD 230,400 - 263,000; Full time

Benefits offered by this job

Health benefits

Performance-based incentives

Inclusive workplace benefits

Job summary

A financial services firm is seeking a Business Director in Credit Analytics. This role involves managing the credit forecast process, driving improvements in credit performance, and developing talent through coaching. Candidates should have a Bachelor's Degree, extensive experience in quantitative and qualitative analysis, with strong leadership and executive communication skills. The position offers a competitive salary range from $230,400 to $263,000 based on location.

Qualifications

• 4+ years of experience performing quantitative analysis.
• 4+ years of experience performing qualitative analysis.
• 2+ years of experience performing people management.
• 2+ years of experience performing project management.

Responsibilities

• Manage the credit forecast challenge process.
• Drive improvements in credit forecast performance.
• Coach and mentor analysts to develop talent.

Skills

Quantitative analysis

Qualitative analysis

People management

Project management

Executive communication

Education

Bachelor’s Degree

Master’s Degree in a quantitative field

Job description

Business Director - Credit Analytics

As a Business Analysis Director in LMCRO, you will apply your strategic and analytical skills to review and challenge the credit loss forecasts for our various lines of business that inform the Company’s quarterly allowance and annual stress testing estimates. 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.

General Responsibilities

• Leadership: May manage or develop analysts. Coaching and mentoring associates with a goal of developing and retaining talent at Capital One
• Credit Risk: Drive step-change improvements in credit forecast performance by connecting drivers of future consumer (and commercial as a plus) credit trends to historical behavior, creating risk analytics, and testing hypotheses using rigorous monitoring and analysis
• Execution: Manage the credit forecast challenge process, including forming challenge hypotheses, designing analytics to prove the hypotheses, interrogating the data and permutating the analyses to uncover the truth, and synthesizing the takeaways for leadership with influence and effective communication. Oversee multiple projects concurrently
• Partnership: Work closely with colleagues across Capital One including Loss forecast teams, Model Developers, Model Validation team, Finance, Credit Accounting, and others to drive improvement in company’s ACL and CCAR process and outcomes
• Strategic & analytic orientation: A proven track record of decision making and problem solving based on analytics. Conceptual thinking skills must be complemented by a strong quantitative orientation, given that a large part of the role’s output is based on rigorous analytic work in credit and forecasting risk management
• Strong business judgment, leadership and integrity: Apply strong judgement, leadership, and integrity in evaluating how to prioritize the team’s challenge efforts and how to debate conclusions with the first line team
• Solid people leadership experience: Ability to build and leverage the capabilities of a high-performing team, as well as business partners across the enterprise. 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. Drive and execute an agenda in an uncertain and fluid environment
• Successful track record of thriving in a fast paced and dynamic environment

Basic Qualifications

• Bachelor’s Degree
• At least 4 years of experience performing quantitative analysis
• At least 4 years of experience performing qualitative analysis
• At least 2 years of experience performing people management
• At least 2 years of experience performing project management

Preferred Qualifications

• Master’s Degree in Business or quantitative field such as Finance, Economics, Physical Sciences, Math, Statistics, Engineering
• 5+ years of experience in quantitative and qualitative analysis
• 5+ years of experience in financial services
• 3+ years of experience in Consumer credit management, such as Card, Auto, or Personal Loans
• 3+ years of experience in people management
• 1+ year of experience in consulting

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

The minimum and maximum full-time annual salaries for this role are listed below, by location. Salaries for part-time roles will be prorated based on the agreed upon number of hours to be regularly worked.

McLean, VA: $230,400 - $263,000 for Business Director

Richmond, VA: $209,500 - $239,100 for Business Director

Riverwoods, IL: $209,500 - $239,100 for Business Director

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. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

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.