Risk Manager

Capital One Group; McLean (VA); On-site; USD 152,000 - 173,000; Full time

Job summary

Capital One seeks a strategic Risk Manager to join its Enterprise Risk Management team in a high-visibility role that interfaces with executives across business lines.

You will drive improvements to the Risk Identification Framework, lead cross-functional initiatives, and deliver real-time risk reporting and governance across the organization. Strong communication and problem-solving skills are essential to success.

Qualifications

• Bachelor's degree or military experience.
• At least 5 years of experience in Risk Management, Audit, Project Management, or Process Management.
• At least 5 years of experience supporting, partnering and interacting with internal business partners.

Responsibilities

• Optimize and enhance foundational elements of the Risk Identification Framework, aligning capabilities with broader strategic objectives and transformation efforts.
• Lead cross-functional initiatives to simplify and standardize Risk Identification processes.
• Leverage data analysis and operational insights to identify core problems and formulate effective solutions.
• Collaborate with 1st Line and 2nd Line stakeholders to align strategies and ensure consistent execution across business lines.
• Partner with technology, product, and data teams to implement required system and process updates.
• Design and implement risk metrics to measure framework effectiveness and process health.
• Lead training across lines of defense to ensure consistent adoption and execution.
• Establish and manage guidance to ensure consistent execution across business lines.
• Deliver reporting and executive-level presentations that provide leadership with real-time risk visibility.
• Fulfill audit and regulatory exam requests, and other ad-hoc deliverables.
• Support general governance activities, including controls and issues.

Skills

Risk Management

Audit

Project Management

Process Management

Communication skills

Education

Bachelor's degree

Job description

Risk Manager Risk Managers at Capital One are the front line of defense to ensure our Company remains stable and profitable. 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. As part of Enterprise Risk Management (ERM), you will work with talented associates to ensure our businesses effectively adhere to Capital One’s Risk Management Framework. This role is at the heart of our modernization efforts as we transform our processes to become more nimble and effective. You will focus on strategic improvements to the foundational elements of our Risk Identification Framework. We are currently seeking a strategic, forward-leaning, and results driven professional with outstanding problem solving skills to join the ERM team. This individual should feel comfortable navigating through the “grey” area and formulating problems and recommendations. Strong communication and storytelling capabilities are essential for this role.

Responsibilities

• Optimize and enhance foundational elements of the Risk Identification Framework, aligning capabilities with broader strategic objectives and transformation efforts
• Lead cross-functional initiatives to simplify and standardize Risk Identification processes
• Leverage data analysis and operational insights to identify core problems and formulate effective solutions
• Collaborate with 1st Line and 2nd Line stakeholders to align strategies and ensure consistent execution across business lines
• Partner with technology, product, and data teams to implement required system and process updates
• Design and implement risk metrics to measure framework effectiveness and process health
• Lead training across lines of defense to ensure consistent adoption and execution
• Establish and manage guidance to ensure consistent execution across business lines
• Deliver reporting and executive-level presentations that provide leadership with real-time risk visibility
• Fulfill audit and regulatory exam requests, and other ad-hoc deliverables
• Support general governance activities, including controls and issues

Basic Qualifications

• Bachelors Degree or military experience
• At least 5 years of experience in Risk Management, Audit, Project Management, or Process Management
• At least 5 years of experience supporting, partnering and interacting with internal business partners

Preferred Qualifications

• 6+ years of Risk Management experience
• 3+ years of Financial Services Risk Management experience
• Ability to set direction, manage expectations and lead cross-functional projects

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

Salary & Compensation

• 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
• Anytown, 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.

This role is expected to accept applications for a minimum of 5 business days. No agencies please.

Equal Opportunity Employer

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).

At Capital One, we’re building a leading information‑based technology company. Still founder‑led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit.