Risk Manager - Partnerships Delivery, Operations & Well Managed Team

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

Job summary

Capital One is seeking a Risk Manager for Partnerships Delivery, Operations & Well Managed Team in the McLean, VA area. The role focuses on governance of risk and controls around contractual partner settlements and cross-functional collaboration to support top priorities and timely execution.

The position requires 4+ years in risk-related fields, 3+ years in project or process management, and a track record of partnering with internal clients.

Qualifications

• Bachelor's Degree or Military experience.
• 4+ years of Compliance, Legal, Audit, or Risk Management experience.
• 3+ years of Project or Process Management experience.
• 3+ years of supporting internal business clients.
• 2+ years reporting and analyzing data.

Responsibilities

• Governance and Oversight of risks and controls related to contractual partner settlements.
• Collaborate between risk, compliance and other functions to meet objectives.
• Review and approve contractual partner daily settlements and monthly settlements.
• Present contractual compensation settlements with Portfolio Management, FP&A, and Accounting.
• Engage in due diligence for new and existing partner contacts.

Skills

Risk management

Cross-functional collaboration

Data analytics

Problem solving

Communication

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

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.

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 2years 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

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).

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.

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.

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.