Capital One Financial Corporation

Network Release Manager, Enterprise Payment Debit (Hybrid)

Capital One Financial Corporation$134K — $153K *
Enterprise Technology
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • High school diploma, GED, or equivalent certification
  • 3+ years of project or process management experience
  • 4+ years of release management experience
  • 2+ years of experience using Google Suite or Microsoft Office
  • Experience interacting with payment networks in a debit or credit card processing environment

Responsibilities

  • Coordinate and implement quarterly Debit network releases end-to-end
  • Partner with networks for timely receipt of release requirements
  • Facilitate sessions to assess business and technical impacts of releases
  • Align development and testing schedules between Capital One and Debit Processor
  • Establish regular stakeholder interactions to discuss progress and risks
  • Serve as point of escalation for network release issues
  • Lead process design and analysis projects with stakeholders

Benefits

  • Comprehensive health, financial, and wellness benefits
  • Incentive compensation opportunities including cash bonuses or long-term incentives
  • Support for total well-being
  • Hybrid work model with flexibility in-office and remote work
  • Strong emphasis on professional development and certification opportunities
Full Job Description
Network Release Manager, Enterprise Payment Debit (Hybrid)

The Role

As a Network Release Manager for Debit networks, you will be responsible for managing the relationship between Capital One internal Debit stakeholders, Debit Processor release management resources, and network release management subject matter experts to ensure flawless delivery of quarterly EFT network releases. You will be asked to help establish a framework for ensuring releases are properly managed, risks are mitigated, and all affected parties are engaged, aligned, and effectively communicating. This role will require the ability to understand and communicate the technical processes and flow of information between participants in the Debit and ATM transaction processing ecosystem.

General Responsibilities

  • Accountable for the successful end-to-end coordination and implementation of quarterly Debit network releases

  • Partner with networks to ensure timely receipt of quarterly network release requirements

  • Facilitate deep dive sessions with networks and Capital One stakeholders to assess business and technical impacts and formulate a perspective on desired implementation of mandated and optional release components

  • Coordinate discussions between Capital One and Debit Processor to align release intent and establish development, test, and production validation scope and schedule.

  • Establish cadence and format for regular stakeholder interactions throughout the release cycle to ensure identification of critical needs/dependencies and that progress, risks, and issues are communicated clearly and in a timely manner

  • Act as point of escalation for Network Release issues and effectively navigate the processor and network relationships and resources to quickly solve problems

  • Create a robust approval process for each release

  • Ensure coordination of sufficient and timely release testing

  • Ensure coordination of sufficient and timely post production validation for each release

  • Lead process design and analysis projects in concert with internal and external stakeholders

  • Build strong relationships with the Processor and network counterparts and internal Debit business, operations, Fraud, product and tech stakeholders. 

  • Identify trends that have negative impact on operations and partner with vendors to proactively address problems and improve process

  • Some travel may be required initially to learn and understand the  processes 

The ideal candidate will have

  • Professional experience interacting with payment networks in a debit card or credit card processing environments

Location:This role is hybrid, where you will be expected to spend 3 days per week working in office and the remainder of the week working virtually

Basic Qualifications

  • High school diploma, GED or equivalent certification

  • At least 3 years of project or process management experience

  • At least 4 years of release management experience

  • At least 2 years of experience using Google Suite or Microsoft Office

Preferred Qualifications

  • Bachelor’s Degree or Military experience

  • At least 5 years of experience in process or project management

  • At least 1 year of experience in payment network management or debit card transaction processing

  • At least 4 years of experience coordinating with external stakeholders

  • At least 2 years of experience utilizing Generative AI tools

  • PMP, Lean, Six Sigma, or Agile certification

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: $134,400 - $153,300 for Manager, Process ManagementRichmond, VA: $122,100 - $139,400 for Manager, Process Management


 

Wilmington, DE: $122,100 - $139,400 for Manager, Process 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.

About Capital One Financial Corporation

Chevy Chase Bank is the greater Washington region's largest locally-owned banking institution providing a complete array of financial products and services to consumers and businesses in Maryland, Virginia, and the District of Columbia. The Bank, which is headquartered in Bethesda, Maryland, has approximately 250 branches and over 1,000 ATMs, more than anyone else in the greater Washington market. Chevy Chase Bank currently has over $16 billion in assets and services over 1 million customers. For more information about Chevy Chase Bank, please visit chevychasebank.com.

Capital One Financial Corporation Careers

Join the vibrant team at Capital One Financial Corporation, a leader in the financial services industry, where innovation meets purpose-driven leadership. As one of the most forward-thinking companies in banking, Capital One is the perfect place to jumpstart or advance your career with a myriad of job opportunities in various fields.

Work You’ll Do

At Capital One, we are committed to excellence and setting our team members up for success. By joining our dynamic team, you will engage in meaningful work that makes a real difference. From developing cutting-edge technology to crafting personalized financial solutions, every position at Capital One is geared towards redefining the future of banking.

Innovate and Lead

Capital One is not just a company; it's a hub of innovation and leadership. We empower our professionals to lead with their ideas and see them come to life. Our culture thrives on diversity and the unique perspectives each team member brings. Here, your skills in networking, problem-solving, and leadership will not only be valued but also nurtured through professional development and diversity training.

Grow Your Career

Capital One is deeply invested in the growth and development of its employees. With robust training programs, mentorship, and resources for professional enhancement, we ensure that your career trajectory aligns with your personal and professional goals. Whether it’s rising through the ranks or switching tracks via internal job opportunities, your growth is our priority.

Internship and Employment Opportunities

For those starting their journey, Capital One offers enriching internship programs that provide a glimpse into the culture and work ethic that drives our success. Interns gain hands-on experience, valuable insights, and the opportunity to network with leaders across the company. For seasoned professionals, we offer positions that challenge your expertise while encouraging balance and innovation.

Benefits and Culture

Choosing to work at Capital One means opting for a lifestyle where your well-being is prioritized. Our benefits package is designed to support you both at work and in your personal life, encompassing health, finance, and family. The inclusive culture at Capital One ensures that everyone, regardless of background, has the opportunity to thrive.

Join Our Team

Explore the various career paths available at Capital One and discover how your skills and passions can align with our mission. We are continuously hiring across multiple disciplines, eager to welcome curious, creative, and driven individuals to our team.

Stay Connected

Keep up to date with the latest in career opportunities and company news by joining our network. Tailor your job alerts to match your career preferences and get insider tips that can transform your application process, from crafting your resume to acing your interview.

Search Capital One Jobs

Ready to take the next step in your career? Search open positions that match your skills and interests. At Capital One, your next job opportunity could be the gateway to a fulfilling and prosperous career.

Read Careers Blog

Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Capital One Financial Corporation is not just a company—it's a place where you can make an impact. Discover the opportunities waiting for you in a career at Capital One. Join us and shape the future of banking with your vision, skills, and enthusiasm.
Learn more about Capital One Financial Corporation
Size
51,500 employees
Market Cap
$34.1 billion
Industry
Net Income
$2.7 billion
Founded
1994
5 Year Trend
+2.4%
NASDAQ

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