Capital One Financial Corporation

Risk Manager

Capital One Financial Corporation$151K — $173K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s Degree or military experience
  • At least 2 years in process, program or quality management
  • Minimum of 4 years in Risk Management
  • Strong knowledge in controls development, management, testing, and reporting
  • Experience with Governance, Risk, and Compliance software tools

Responsibilities

  • Drive adherence to the Independent Risk Management (IRM) Control Challenge methodology
  • Manage the Primary IRM Designee process and establish oversight of controls
  • Lead communication and engagement forums
  • Monitor adherence to methodologies and identify training needs
  • Support reporting and analysis of IRM Control Challenge progress
  • Collaborate with the risk community to enhance risk methodologies
  • Develop solutions to improve risk management processes using data and technology

Benefits

  • Comprehensive health and wellness benefits
  • Performance-based incentives including cash bonuses and long-term incentives
  • Inclusive set of financial benefits
  • Opportunities for professional development
  • Flexible work environment
Full Job Description
Risk Manager

Enterprise Risk Management (ERM) is seeking a Risk Manager to join Capital One’s Control Methodology Team. The Risk Manager will have the opportunity to apply their risk management and analytical skills to some of our highest profile Risk Management initiatives, including implementing solutions to ensure Capital One’s continued stability and success.


The Risk Manager will play a key role in the ongoing management of our Enterprise Independent Risk Management (IRM) Control Challenge Program.  This role is also responsible for contributing to the development of strategic enhancements to other risk management processes. The ideal candidate will be a highly motivated risk professional with excellent analytical, process improvement, and communication skills.  The Risk Manager will have exposure across both the first and second lines of defense, and the opportunity to work with leadership to create and implement innovative solutions to identify and mitigate potential risks to Capital One.

Responsibilities:

  • Drive ongoing adherence to our Independent Risk Management (IRM) Control Challenge methodology, and support IRM Groups by providing guidance and tools

  • Manage the Primary IRM Designee process, partnering with other IRM Groups to establish oversight of controls, as well as provide transparency to Impacted IRM Groups

  • Lead and participate in communication and engagement forums

  • Monitor adherence to the methodology to identify potential training or methodology update needs

  • Monitor progress, and support reporting and analysis of IRM Control Challenge

  • Collaborate internally and with our risk community (e.g. IRM groups, business risk offices, front line process owners) to mature our risk practice methodologies and advance learning

  • Develop practical solutions to improve risk management processes using data and technology

  • Participate in and execute other special projects for the team on a periodic basis

Basic Qualifications:

  • Bachelor’s Degree or military experience

  • At least 2 years of experience in process, program or quality management

  • At least 4 years of experience in Risk Management 

Preferred Qualifications:

  • 5+ years of experience in process management

  • 3+ years of experience in responding to and interacting with internal audit or regulatory agencies

  • Strong subject matter expertise in controls development, controls management, controls testing, and reporting activities

  • Experience working in an iterative, highly collaborative environment

  • Experience working in the financial services industry

  • Experience with Governance, Risk, and Compliance software tools

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: $151,900 - $173,400 for Risk ManagerRichmond, 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 theCapital 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

Similar Jobs

More Jobs at Capital One Financial Corporation

More Finance & Insurance Jobs

Find similar Risk Manager jobs: