Manager, Enterprise Risk Management

ITSMF; McLean (VA); On-site; USD 152,000 - 173,000; Full time

Job summary

Capital One, a Fortune 500 bank, seeks a Manager to support the Enterprise Risk Management (ERM) organization in enhancing the Risk Appetite Framework, risk metrics, governance reporting, and regulatory considerations.

The role emphasizes data-driven analysis, project management, and effective challenge across risk categories, with collaboration across multiple teams and leadership levels.

Qualifications

• Bachelor’s Degree or military experience required.
• At least 4 years of project or process management experience.
• At least 4 years of Financial Services or Risk Management experience.
• At least 4 years of experience in metric analysis or governance reporting.

Responsibilities

• Support the execution and day-to-day operations of the enterprise Risk Appetite Framework and risk metric programs.
• Drive project management and milestone execution for the risk metrics system of record initiative.
• Execute and enhance Risk Appetite and risk metric strategies, methodologies, governance, and reporting elements.
• Cultivate data sources to feed metrics/reporting; define requirements for enterprise risk metric system of record.
• Perform validation data analysis including trending, issue identification, and remediation planning.
• Collaborate with stakeholders to observe trends and provide insights on risk environments.

Skills

Project Management

Process Management

Risk Management

Metric analysis

Education

Bachelor’s Degree or military experience

Master’s Degree

Job description

Manager, Enterprise Risk Management

Capital One, a Fortune 500 company and one of the nation’s top 10 banks, offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Our goal is to create one of the nation’s great banks, and we have the necessary ingredients: a strong balance sheet, resilient businesses, a massive customer franchise, strong analytical capabilities, and great people. We nurture a work environment where people with a variety of thoughts, ideas and backgrounds, guided by our shared values, come together to make Capital One a great company – and a great place to work.

Capital One’s Enterprise Risk Management (ERM) organization has responsibility for helping the overall organization identify, manage, and mitigate key risks that may keep the company from achieving its strategic objectives. We are currently seeking a Manager to join the Enterprise Risk Management (ERM) organization to support the execution, maintenance, and enhancement of the Company’s Risk Appetite Framework, including process execution, risk metrics strategy, and technology enablement. The Manager will have the opportunity to apply risk management and analytical skills to some of our highest profile Risk Management projects, including implementing solutions to ensure Capital One’s continued stability and success. This includes bringing unique perspectives and experiences to help us be rigorous, curious, and creative, as well as enabling our organizations to maintain a sustainable and holistic risk profile in order to deliver superior products while also protecting our customers.

Additionally, this role is expected to provide oversight and effective challenge across all risk categories (e.g. financial and non-financial risk) and assist in developing key governance analysis and reporting for Senior Management and the executive risk committees / Board of Directors.

This manager must possess strong problem solving and analytical skills, attention to detail, process or project management capability, and results driven competencies are essential to succeeding in this role. This individual should feel comfortable working with quantitative and qualitative information and can move from the “gray” area to grounded recommendation in an organized and transparent manner.

Specific responsibilities include:

• Support the execution and day-to-day operations of the enterprise Risk Appetite Framework and risk metric programs
• Drive the project management and milestone execution for the risk metrics system of record initiative and other strategic team projects
• Execute and enhance Risk Appetite and risk metric strategies, methodologies, governance, and reporting elements
• Cultivate data sources to feed metrics/reporting; clearly define requirements for creation and ongoing enhancements of an enterprise risk metric system of record
• Perform and support detailed validation data analysis to include trending, problem identification, and development/completion of remediation plans
• Consult on analysis and reporting outcomes to observe trends and provide insights on changes to the Company’s risk environments
• Collaborate effectively with stakeholders and leaders across multiple organizations to achieve objectives
• Demonstrate problem-solving and analysis skills with attention to detail
• Demonstrate strong communication, collaboration, problem solving and influencing skills across various levels of the organization
• Actively support internal control testing, audits, and regulatory exams
• Stay abreast of the changing regulatory environment and understand the impacts to Capital One
• Balance multiple priorities to help drive business value and support team objectives, while managing tasks and activities related to risk management initiatives in a well-managed capacity

Basic Qualifications:

• Bachelor’s Degree or military experience
• At least 4 years of experience in Project or Process Management
• At least 4 years of Financial Services or Risk Management experience
• At least 4 years of experience in metric analysis or governance reporting

Preferred Qualifications:

• Master’s Degree
• 5+ years of experience in project, process, or framework management
• 5+ years of Financial Services risk management experience
• 2+ years of internal strategy or management consulting experience

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: $151,900 - $173,400 for Risk Manager

Richmond, VA: $138,100 - $157,700 for Risk Manager

Riverwoods, IL: $138,100 - $157,700 for Risk Manager

Chicago, IL: $138,100 - $157,700 for 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.

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.

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).