Sr. Business Analyst - Operational Risk Capital

Capital One; McLean (VA); On-site; USD 111,200 - 126,900; Full time

Benefits offered by this job

Performance-based incentives

Comprehensive health benefits

Inclusive work environment

Job summary

Capital One is seeking a Senior Business Analyst for the Operational Risk Capital team in McLean, VA. This position focuses on developing strategies to manage operational risk capital, analyzing data, and working in collaboration with multiple departments. Candidates should have a strong analytical background with at least 2 years of experience, ideally in consulting or statistical model building.

The role offers a salary range of $111,200 to $126,900, in addition to performance-based incentives and comprehensive benefits to support overall well-being.

Qualifications

• At least 2 years of professional experience performing analysis.
• Proven decision-making and problem-solving skills based on analytics.
• Experience in statistical model building and project management.

Responsibilities

• Identify business challenges and opportunities for improvement.
• Develop hypotheses, design, and lead implementation efforts.
• Work closely with multiple teams across Capital One.

Skills

Analytical skills

Strong communication skills

Quantitative orientation

Problem-solving

Education

Bachelor's or Master's in quantitative field

Tools

Python

SQL

Tableau

Excel

Job description

Sr. Business Analyst – Operational Risk Capital

The Operational Risk Capital team develops strategies, processes, and analyses to effectively manage operational risk capital needs, and provide key analytical output, to support effective risk management of Capital One’s material operational risks. The team partners closely with Model Development, Internal Loss Data team, Scenario Analysis team, Legal, Finance, and first line and second line risk leaders on risk measurement and risk management. As a Senior Business Analyst, you will apply your strategic and analytical skills to develop operational risk loss projections for Comprehensive Capital Analysis and Review (CCAR). You will allocate the operational risk capital to lines of business and product lines as their Managerial Capital. You will develop a deep appreciation for the most critical operational risks and the importance of a strong capital management framework which contribute to safeguarding Capital One and the broader banking industry. And you will do it all in a collaborative environment that values your insight, encourages you to take on new responsibility, promotes continuous learning, and rewards innovation.

General Responsibilities

• Analysis: Identify business challenges and opportunities for improvement and solve for them using analysis to make strategic or tactical recommendations.
• Execution: Develop hypotheses, design analyses to test the hypotheses, synthesize the takeaways for leadership, and lead implementation efforts.
• Partnership: Work closely with colleagues across Capital One including: Enterprise Risk Management, Operational Risk Management, Finance, Legal, Model Development, and others to achieve our risk measurement agenda.

Strategic & analytic orientation: A proven track record of decision making and problem solving based on analytics. Conceptual thinking skills must be complemented by a strong quantitative orientation. Strong business judgment, leadership and integrity: He/she should be a tenacious decision maker, able to bring a healthy, aggressive, yet responsible approach to business. Strong communication skills: Impeccable written and oral communication credentials, coupled with strategic influencing skills and the ability to drive agreement through intellect, interpersonal and negotiation skills. Clear results orientation: display an intense focus on achieving both short and long term goals. He/she should be able to drive and execute an agenda in an uncertain and fluid environment. Successful track record of thriving in a fast paced, entrepreneurial and dynamic environment. Previous management consulting experience is a plus.

Basic Qualifications

• At least 2 years of professional experience performing analysis.
• Currently has, or is in the process of obtaining, one of: an accredited Bachelor's Degree, a Master's Degree, or an MBA—each in a quantitative field such as Business, Finance, Accounting, Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, Computer Engineering, Software Engineering, Mechanical Engineering, Information Systems, or a related quantitative field.

Preferred Qualifications

• Master’s Degree in Business or a quantitative field (Finance, Economics, Physical Sciences, Math, Statistics, Engineering).
• 1+ years of experience in consulting.
• 1+ years of experience in statistical model building.
• 2+ years of experience in business analysis.
• 1+ years of experience in project management.
• 2+ years of experience with data analytics tools such as Python and SQL, BI platforms such as Tableau, and Excel.

Salary and Benefits

McLean, VA: $111,200 - $126,900 for Sr. Business Analyst.
Richmond, VA: $101,100 - $115,400 for Sr. Business Analyst.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.

Equal Opportunity & EEO

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.

Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.