Risk Manager - Partnerships Delivery, Operations & Well Managed Team

Capital One; Chicago (IL); Hybrid; USD 138,000 - 158,000; Full time

Benefits offered by this job

Hybrid work policy

Performance incentives

Comprehensive benefits

Job summary

Capital One in Chicago, IL seeks a Risk Manager to oversee governance and controls related to partner settlements, collaborating with risk, compliance and other business functions to deliver priorities on time. You will review settlements, prepare monthly presentations with Portfolio Management, FP&A and Accounting, and drive continuous improvement of risk practices.

The ideal candidate has 4+ years in risk-related roles, strong project management and data-analysis skills, and excellent

Qualifications

• Bachelor’s Degree or Military experience.
• At least 4 years of Compliance, Legal, Audit, or Risk Management experience.
• At least 3 years of Project or Process Management experience.
• At least 3 years of experience supporting, partnering and interacting with internal business clients.
• At least 2 years reporting and analyzing data.
• 5+ years of Project Management experience leading cross functional projects and programs in Risk.
• 5+ years of Compliance, Legal, Audit, or Risk Management experience.
• 3+ years of experience in reporting and analyzing data.
• Professional certifications within risk management or assurance (Certified Risk Management Professional, Certified Internal Auditor).
• PMP, Lean, Agile or Six Sigma certification.
• Excellent written and verbal communication skills, with a proven ability to prioritize and manage multiple deliverables.

Responsibilities

• Governance and oversight of risks and controls for partner settlements.
• Collaborate between risk, compliance and other functions to deliver on priorities.
• Review and approve contractual partner settlements and monthly compensation.
• Present monthly settlements with Portfolio Management, FP&A and Accounting Eng.
• Drive improvements in line with risk management agendas.
• Lead problem solving via risk forums to drive continuous improvement.
• Partner cross-functionally to support automation in settlements processes.
• Perform data analytics initiatives for reporting and trend analysis.

Skills

Communication skills

Risk management

Project management

Data analysis

Cross-functional collaboration

Education

Bachelor’s Degree or Military experience

Tools

Certifications: CRMP

Certifications: CIA

PMP

Lean

Six Sigma

Job description

Responsibilities

• Governance and Oversight of risks and controls as related to the compiling, review and operational execution of contractual partner settlements
• Collaborate effectively between risk, compliance and other business functions to achieve objectives and support the organization in delivering on top priorities in a timely and efficient manner
• Review and approve contractual partner daily settlements and monthly partner compensation
• Facilitate monthly presentations of contractual compensation settlements with Portfolio Management Team, Financial Planning and Analysis Team, and Accounting Engagement in the due diligence process as related to new and existing partner contacts, providing timely review and feedback
• Drive and deliver results and improvements in line with the business’ well managed and risk agendas
• Identify broader needs and lead problem solving using risk forums to influence change and continuous improvement of risk management practices
• Partner cross-functionally to provide strategic and tactical thought partnership that accelerates project and program initiatives, including ongoing automation that supports the compilation and settlement processes
• Perform and lead data and analytics initiatives for reporting, such as Monthly Business Reviews, incorporating insights and trend analysis

Basic Qualifications

• Bachelor’s Degree or Military experience
• At least 4 years of Compliance, Legal, Audit, or Risk Management experience
• At least 3 years of Project or Process Management experience
• At least 3 years of experience supporting, partnering and interacting with internal business clients
• At least 2 years reporting and analyzing data

Preferred Qualifications

• 5+ years of Project Management experience leading cross functional projects and programs in Risk
• 5+ years of Compliance, Legal, Audit, or Risk Management experience
• 3+ years of experience in reporting and analyzing data
• Professional certifications within risk management or assurance (Certified Risk Management Professional, Certified Internal Auditor)
• PMP, Lean, Agile or Six Sigma certification
• Excellent written and verbal communication skills, with a proven ability to prioritize and manage multiple deliverables

Eligibility and Legal

At this time, Capital One will not sponsor a new applicant for employment authorization or offer any immigration-related support for this position (e.g. H1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, E-3, and O-1, or any other forms of work authorization that require immigration support from an 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.

All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [e-mail].

Compensation and Benefits

This role is designated as a hybrid position. You are expected to adhere to Capital One's hybrid policy regarding required on-site presence at your designated office location.

Chicago, IL: $138,100 - $157,700 for Risk Manager
McLean, VA: $151,900 - $173,400 for Risk Manager
Richmond, VA: $138,100 - $157,700 for Risk Manager

Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

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.

About Us

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.

No agencies please.