Senior Director, Commercial Valuations Lead

Capital One; McLean (VA); On-site; USD 238,700 - 272,400; Full time

Benefits offered by this job

Comprehensive health benefits

Performance-based incentives

Inclusive workplace

Job summary

A leading financial services company is seeking a Senior Director to lead its Commercial Valuations team. This role is crucial for risk management practices, ensuring compliant valuations related to Commercial Real Estate and Enterprise Value. The candidate should have extensive experience in risk governance, excellent communication skills, and the ability to foster collaboration across teams. The position offers a competitive salary range of $238,700 - $272,400 for candidates in McLean, Virginia.

Qualifications

• At least 12 years of experience in a regulatory environment, risk governance or risk policy management.
• Experience in the financial services industry preferred.
• Ability to develop and lead team members.

Responsibilities

• Oversee the Commercial Valuation Team's delivery of valuations across Capital One.
• Serve as a trusted advisor to mitigate credit risk.
• Implement innovative solutions leveraging technology.

Skills

Risk governance

Strategic and analytic orientation

Excellent verbal and written communication skills

Collaborative orientation

Proactive and results-oriented

Education

Bachelor’s degree or Military experience

Tools

ARGUS

RIMS

Capital IQ

Job description

Capital One’s Governance, Valuations, & Innovation (GV&I) Team is seeking a Senior Director to lead the Commercial Valuations team. The Commercial Valuation team is a foundational part of Capital One’s risk management practices by ensuring robust and compliant valuations for Commercial Real Estate and Enterprise Value reliant transactions. This person will partner with associates across the Commercial businesses, Enterprise-wide functions, and the Credit Risk & Analytics (CR&A) Division to enhance risk governance, credit policy, controls, processes, and assurance practices as well as implement changes that are strategic and transformative for the Bank.

Capital One’s Governance, Valuations, & Innovation (GV&I) Team is a second line of defense housed within the Credit Risk & Analytics (CR&A) Division. CR&A is responsible for Risk Governance, Risk Appetite, Credit Risk Policy, and Assurance Exam Management activities for the Commercial Bank. The team’s contribution is critical in providing a foundation for sound risk management practices, complying with internal policies and regulations, and exhibiting the overall culture of Capital One.

Specific responsibilities include, but are not limited to:

• Oversee the Commercial Valuation Team’s delivery of consistent and compliant Commercial Real Estate and Enterprise Value reliant valuations across Capital One, including distressed assets and emerging asset classes
• Serve as a trusted advisor to product, business, and risk teams to identify, document, and effectively mitigate credit risk
• Planning and driving changes to current processes, procedures, and controls to improve and enhance risk governance
• Formulating and implementing innovative solutions, with a focus on leveraging technology such as AI and automated workflow tools
• Demonstrating our values of Excellence and Do the Right Thing while supporting our journey to Change Banking for Good
• Work closely with associates, conduct reviews of work product, and support professional development through coaching
• Leverage thorough knowledge of relevant regulatory frameworks including Interagency Guidelines, FIRREA, and Uniform Standards of Professional Appraisal Practice to communicate requirements to stakeholders across Capital One

The Senior Director will be instrumental in influencing stakeholders in the first and second lines of defense as part of enhancing risk processes and ensuring compliance with regulatory requirements. Therefore, the core competencies for the ideal candidate include:

• Experience in risk governance
• Strategic and analytic orientation - a proven track record of decision making and problem-solving based on available data
• Excellent verbal and written communication skills
• Highly collaborative orientation and strong team player who places the best interests of the organization above personal objectives
• Ability to establish credibility, trust, and support within all levels of the organization
• Aptitude for synthesizing complex issues into a clear and concise summary
• Proactive and results-oriented
• Ability to develop and manage team members
• Experience acting as a strategic thought partner with a forward leaning mindset related to the Commercial Real Estate industry

Basic Qualifications

• Bachelor’s degree or Military experience
• At least 12 years of experience in a regulatory environment, risk governance or risk policy management at a regulated institution.

Preferred Qualifications

• At least 15 years of experience of risk governance, commercial lending, credit risk oversight and working with internal business partners within the financial services industry
• Masters Degree
• State Certified General Real Estate Appraiser
• MAI designation
• Valuation credentials (ASA/AM, CPA/ABV, CVA, AVA, CFA)
• Experience with ARGUS, RIMS, and Capital IQ
• Experienced people leader

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

Chicago, IL: $217,000 - $247,700 for Sr. Director, Risk Management

McLean, VA: $238,700 - $272,400 for Sr. Director, Risk Management

Richmond, VA: $217,000 - $247,700 for Sr. Director, Risk Management

Riverwoods, IL: $217,000 - $247,700 for Sr. Director, Risk Management

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.

For technical support or questions about Capital One’s recruiting process, please send an email to [e-mail]