Risk Manager - Network Participant Risk Oversight: Testing & Monitoring
Specific responsibilities of the NPRM Risk Manager include and are not limited to:- Support development and execution of the NPRM testing and monitoring strategy
- Perform testing & monitoring of the first line network participant risk management including detailed data analysis to identify risks, problem areas, and development/completion of remediation plans
- Help serve as subject matter expert to Business Risk Office (BRO) and Independent Risk Management (IRM) functions in the assessment of operational risk
- Effectively challenges and is a thought leader in providing guidance to implementing Network Participant risk management practices
- Supports management and ownership of related policies and/or standards with regard to the Network Participant Risk Oversight Program
- Executes challenge activities to provide elevated areas of suspected risk and to gain assurance that risk-taking groups are appropriately representing their control environments
- Ensure results of challenge activities are properly documented and communicated, and perform and support detailed validation data analysis to include trending, problem identification, and development/completion of remediation plans
- Consults on Issue/Event analysis and reporting functions to observe trends and provide insights on changes to the Network Participant risk environment
- Collaborates effectively with stakeholders across multiple organizations to achieve objectives
- Demonstrates problem-solving and analysis skills with attention to detail
- Demonstrates strong communication, collaboration, problem solving and influencing skills across various levels of the organization
- Balances multiple priorities to help drive business value and support team objectives, while managing tasks and activities related to risk management initiatives to support the Network Participant Risk Management team in a well-managed capacity
- Assists in the development of risks, issues and/or mitigation plans to ensure the business implements needed changes and addresses areas of exposure
Basic Qualifications:- High School Diploma, GED or equivalent certification
- At least 4 years of risk management experience within the financial services industry
- At least 2 years of payment network experience
- At least 2 years of experience in third party risk or risk governance oversight
- At least 2 years of risk management, compliance or legal oversight experience
Preferred Qualifications:- 5+ years of Project or Program Management experience leading cross functional programs in Risk
- Experience creating presentations with PowerPoint or Google Slides
- Risk management certification such as: Certified Third-Party Risk Professional (CTPRP)
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.
Riverwoods, IL: $138,100 - $157,700 for Risk ManagerMcLean, VA: $151,900 - $173,400 for Risk Manager
New York, NY: $165,700 - $189,200 for Risk Manager
Richmond, 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 candidates 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.
