Capital One Financial Corporation

Risk Manager

Capital One Financial Corporation$151K — $173K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s Degree or military experience
  • 5+ years of experience collaborating with internal business clients
  • 3+ years in Risk Management or Process Management
  • 3+ years in Project Management
  • 1+ year of Financial Services Risk Management experience

Responsibilities

  • Implement and maintain enterprise process hierarchy governance framework
  • Collaborate with stakeholders for process hierarchy buy-in
  • Structure process hierarchy for effective risk data aggregation
  • Create and manage risk reporting for leadership visibility
  • Establish standards for process consistency across global lines
  • Support audits and deliverables for risk assessments
  • Initiate process improvements to save time and resources

Benefits

  • Comprehensive health benefits
  • Financial support including performance-based incentives
  • Inclusive benefits supporting overall wellness
  • Opportunities for professional development through certifications
  • Flexible work environment options available
Full Job Description
Risk Manager

As part of Enterprise Risk Management (ERM), you will work with talented associates to ensure our businesses effectively adhere to Capital One’s Risk Management Framework. This role focuses on the intersection of process management and risk management, where a robust process hierarchy serves as the foundation for risk identification and assessment.

As a Risk Manager, you will be responsible for implementing and maintaining an enterprise-wide process hierarchy governance framework. You will work to improve business efficiency and drive results by building the universal "language" of our business functions while collaborating with first-line leaders to influence results that directly impact the company’s bottom line. You will bring a rigorous, curious, and creative perspective to help maintain a sustainable and holistic process for identifying, managing, and reporting risks aligned to the hierarchy..


General Responsibilities
  • Process Governance: Implement and maintain the process management lifecycle, ensuring the enterprise process hierarchy aligns with industry standards and our unique business model.

  • Stakeholder Management: Collaborate with first-line of defense contacts and key stakeholders to gain buy-in for the process hierarchy and ensure appropriate execution across business units.

  • Risk Assessment Support: Ensure the process hierarchy is structured to allow risk owners to aggregate data and view exposure at the process, business unit, or division level.

  • Reporting and Analysis: Create, edit, and manage multiple facets of risk reporting, providing real-time visibility into process health and risk exposure for leadership.

  • Governance Framework: Establish standards and metadata requirements for business processes to ensure consistency across global business lines.

  • Audit and Compliance Support: Deliver materials requested in audits and exams and support risk teams with ad-hoc deliverables and investigations.

  • Process Improvement: Initiate and execute process improvements that save time and resources while maintaining data integrity through established benchmarks.


Basic Qualifications
  • Bachelor’s Degree or military experience

  • At least 5 years of experience supporting, partnering and interacting with internal business clients

  • At least 3 years of experience in Risk Management or Process Management

  • At least 3 years of experience in Project Management

  • At least 1 year of Financial Services Risk Management Experience


Preferred Qualifications
  • 4+ years of experience in Process Management utilizing Lean Six Sigma or Agile

  • 3+ years of Financial Services Risk Management Experience

  • 3+ years of experience with Governance, Risk, and Compliance (GRC) software

  • Certified Risk Manager (CRM) or PMP 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: $151,900 - $173,400 for Risk ManagerRichmond, VA: $138,100 - $157,700 for Risk Manager


 

Riverwoods, IL: $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 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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