Risk Manager - Partnerships Delivery, Operations & Well Managed Team

Capital One; McLean (VA); Hybrid; USD 152,000 - 173,000; Full time

Job summary

Capital One is seeking a Risk Manager in McLean, VA to join the Partnerships Delivery, Operations & Well Managed Team. You’ll govern partner settlements, collaborate with risk, compliance, and business partners, and drive data-driven improvements across multiple locations.

The role requires 4+ years in risk-related functions, strong communication, and cross-functional leadership. A hybrid work model applies with on-site work at the designated office.

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 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

Skills

Communication skills

Relationship building

Problem solving

Data analysis

Education

Bachelor’s degree or Military experience

Job description

Risk Manager - Partnerships Delivery, Operations & Well Managed Team Are you a problem solver seeking an exciting challenge? Can you build relationships as well as develop and implement innovative solutions? Are you ready to work on the front line of a Top 10 Financial Institution? Come be a part of an organization that’s dedicated to helping Capital One identify, manage and effectively mitigate risk within US Card Partnerships Delivery, Operations & Well Managed Team. As a member of the US Card Partnerships Delivery, Operations & Well Managed Team, that’s exactly what you’ll do. Working with talented associates, using our horizontal perspective and scope to build effective processes that fuel efficient, well managed growth for the Partnerships business. As Capital One evolves to meet the ever-changing technology landscape, so do our associates. They are forward thinking, quick to adapt, and technologically adept. Risk Managers have a high level of exposure across lines of business and have the opportunity to partner cross functionally, to identify potential risks in an open, collaborative environment where new ideas and solutions are both welcomed and rewarded.

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

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

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.

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.

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].

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

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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.