Senior Risk Manager

Capital One; Riverwoods (IL); On-site; USD 162,000 - 184,000; Full time

Job summary

Capital One is seeking a Senior Risk Manager for its Enterprise Risk Management (ERM) team in Riverwoods, IL. The role leads a risk specialists group, partnering with executives to identify and mitigate risks across the enterprise within the LAUNCH framework.

You will manage high-impact risk projects, provide strategic insights, and ensure rigorous governance while collaborating with stakeholders across lines of business.

Qualifications

• Bachelor's Degree or Military experience.
• At least 3 years of risk management experience.
• At least 5 years of project management experience.
• PMP Certification or CPM is preferred.
• Experience leading cross-functional teams.

Responsibilities

• Advise and guide users on the change-based risk assessment program (e.g., LAUNCH), ensuring methodology adherence and handling admin actions.
• Solve stakeholders' most complex problems during critical change governance activities.
• Monitor Slack channel and host office hours; respond to user needs.
• Host frequent check-ins with key stakeholders from each LOB to discuss metrics, QA findings, and strategic initiatives.
• Identify bugs and blockers, partnering with methodology owners on fixes and enhancements.
• Provide LOB-specific metrics and commentary for ERM reporting needs (e.g., ROCs).
• Ensure completion of Post-Implementation Reviews for each LOB.
• Maintain documentation of ERM effective challenge and escalation activities.

Skills

Risk management

Project management

Cross-functional leadership

Communication skills

Education

Bachelor's degree

Military experience

PMP Certification

Master's Certificate CPM

Tools

LAUNCH program

Job description

Senior Risk Manager

At Capital One, we dare to dream, disrupt, and deliver a better way. We bring ingenuity, simplicity, and humanity to an industry ripe for change. As a senior leader in Enterprise Risk Management (ERM), you will join a critical second-line-of-defense function responsible for defining the bank's risk management architecture. This role is at the heart of our Change Governance Program, positioned to take a critical role as we modernize our processes to be more nimble and effective while maintaining a robust risk posture.

As a Senior Risk Manager in Capital One's Enterprise Risk Management (ERM) department you will apply your project management and analytical skills to our highest profile Risk Management projects. You will lead a team of Risk Specialists responsible for working across the enterprise to develop and implement cutting edge Risk solutions to ensure Capital One's continued stability and success. Senior Risk Managers partner with Executives and their teams to identify potential Risks in an open, collaborative environment where new ideas and solutions are both welcomed and rewarded.

Senior Risk Managers at Capital One are highly motivated Risk Management professionals with excellent project management and communication skills. They have a high level of exposure across lines of business and the opportunity to work with Executives to create and implement innovative solutions to identify and mitigate potential risks to the Company.

Responsibilities:

• Advise and guide users on appropriate usage of our change-based risk assessment program (e.g., LAUNCH), including methodology adherence and best practices and processing administrative actions and user exceptions


• Solve our stakeholders most complex problems during critical change governance activities


• Monitor Slack channel and host office hours; respond to user needs


• Host frequent check-ins with key stakeholders and from each line of business (LOB) to discuss metrics, QA findings, and strategic initiatives


• Identify bugs and blockers, partnering with methodology owners on fixes and enhancements


• Provide LOB specific metrics and commentary for various ERM reporting needs (e.g., ROCs)


• Ensure completion of Post Implementation Reviews for each LOB


• Maintain documentation of ERM effective challenge and escalation activities

Agentic AI Oversight:

• Perform effective challenge by reviewing AI-processed initiatives to ensure appropriate risk classification


• Evaluate AI agent inputs and risk logic for accuracy in identifying risks and mitigations


• Establish and manage enterprise controls to ensure the AI agent operates strictly within LAUNCH methodology


• Monitor AI agent effectiveness using quantitative and qualitative metrics, logging inadequacies as observations, and tracking remediation progress

Basic Qualifications:

• Bachelor's Degree or Military experience


• At least 3 years of risk management experience


• At least 5 years of project management experience

Preferred Qualifications:

• 4+ years of risk management experience


• 6+ years of project management experience leading cross functional projects and programs in risk


• PMP Certification or Master's Certificate of Project Management (CPM)


• Ability to set direction, manage expectations and lead cross-functional teams

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

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.

McLean, VA: $177,700 - $202,800 for Sr. Risk Manager

Richmond, VA: $161,500 - $184,300 for Sr. Risk Manager

Riverwoods, IL: $161,500 - $184,300 for Sr. 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.