Head of Risk Management & Audit

Risk Manager

The Credit and Financial Risk Management (CFRM)'s Always Audit Ready & Risk Management (AARRM) team is seeking a highly motivated Risk Manager, ready to apply their analytical, risk, communication, and process/project management skills. In this role you will contribute to CFRM's overarching risk management strategy by supporting teams through ongoing regulatory engagements and audits, providing counsel and thought leadership, and driving execution. You will also be responsible for helping identify any issues related to CFRM's governance and oversight processes, and for providing advice on how to address those issues.

As a key partner, you will work with the various leaders across CFRM and the Business Units. Through your work, you will gain a broad, general understanding of how Capital One manages model, data, and technology risks. You will also gain deeper knowledge in the specific areas of CFRM risk management focus, including credit risk, market and liquidity risk, and model risk. Our ideal candidate will be a self motivated risk professional with excellent analytical, organizational, and communication skills.

understand how CFRM executes its responsibilities and help CFRM effectively communicate those activities;

Support CFRM through ongoing supervision and routine regulatory engagements by providing counsel and thought partnership;

Manage internal audits and regulatory exams directed to and/or impacting CFRM;

Support risk assessments and related activities (Critical Business Process Identification, Process Level Assessments, Risk and Control Self-Assessments, Control Testing etc), which include providing advice and challenge and driving outcomes;

Remain current on the changing regulatory environment and understand the impacts to overall Risk Management

Leverage industry benchmarking and best practices to provide thought leadership and guidance to executives and their teams on sound risk management practices;

Analyze data to proactively identify risks, trends, and process improvements;

Effectively collaborate with executives, business stakeholders and other risk management professionals across all three lines of defense (e.g. Business Risk Office Partners; Audit; Enterprise Risk Management (ERM)) through various risk programs and engagements;

Set direction, manage expectations and indirectly lead cross-functional teams

Escalate and report critical issues and risks to the Risk Management Business Risk Office and ERM Leadership team

Manage and oversee special projects and engagements in collaboration with the overall Risk Management Leadership

Manage and oversee CCAR and Allowance processes, controls and governance

Qualities of a Successful Candidate:

You make it your business to master the data and signals to drive innovative solutions that are grounded in evidence.

Discerning and Deliberative - You are careful and methodical, navigate uncertainty and risks expertly, and have a knack for steering the team away from impulsive or ill-informed decisions.

You're organized, able to juggle multiple deliverables, and prioritize your work while keeping the customer at the forefront of everything you do.

Passionate and Customer-Focused - You are customer obsessed. You make it your business to understand their needs and their goals and are not satisfied with anything less than an exceptional customer experience.

Bachelor's Degree or military experience

At least 5 years of experience consulting, auditing, or working in the fields of model and data, or risk management

At least 3 years of experience interacting or engaging with internal audit or federal regulators

6+ years of experience consulting, auditing, or working in the fields of model and data, or risk management

• 4+ years of experience interacting or engaging with internal audit or federal regulators
• 3+ years of Process or Project Management or related experience leading cross functional projects and programs
• Experience in a second-line or oversight role at a financial institution or regulatory agency
• Knowledge of supervisory expectations expressed in the FFIEC IT Handbook, Federal Reserve Supervisory Letters, Office of the Comptroller of the Currency Bulletins, or Federal Deposit Insurance Corporation Financial Institution Letters
• Professional or risk management certifications, [Certified Risk Management Assurance (CRMA), Certified Regulatory Compliance Manager (CRCM), Certified Information Systems Auditor (CISA), or Certified Risk & Information Systems Control (CRISC)]
• The minimum and maximum full-time annual salaries for this role are listed below, by location. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Charlotte, NC: $138,100 - $157,700 for Risk Manager

McLean, VA: $151,900 - $173,400 for Risk Manager

Richmond, VA: $138,100 - $157,700 for Risk Manager

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. 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.

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 will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

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Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (