Manager, Market and Liquidity Risk
Capital OneAbout the role
We are seeking an experienced and analytical Market Risk Manager to join our team. The ideal candidate will have a strong background in balance sheet management, a deep understanding of interest rate risk management, and proficiency with Quantitative Risk Management (QRM) software or similar Asset and Liability Management (ALM) applications. This role requires excellent communication skills and the ability to collaborate with senior leadership to identify and mitigate market risks.
The Liquidity, Market, and Capital Risk Oversight group oversees Capital One’s market risk. We are responsible for challenging our Balance Sheet Management partners, fixed income portfolio managers, Commercial Bank staff, traders, and other lines of business. Our goal is to assist with the effective management of the Company’s assets, liabilities, and capital position to help achieve long-term financial objectives and ensure that all regulatory and investor requirements are satisfied. This includes identifying and managing market risks, specifically interest rate, credit, FX, and commodity, that affect or have the potential to affect financial results, balance sheet strength, and investor confidence.
General Responsibilities
Develop and implement strategies to mitigate interest rate risk, including balance sheet positioning and hedging strategies
Conduct scenario analyses and stress testing to evaluate the impact of various interest rate movements to the bank’s financial position
Utilize QRM or similar ALM modeling software to assess and manage the bank’s interest rate risk exposure.
Prepare and present comprehensive risk reports to senior leadership, including the Treasury Strategy Committee and Asset and Liability Committee (ALCO)
Collaborate with cross-functional teams, including Finance, Risk Management, and Business Units, to ensure alignment on risk management strategies
Stay informed about market trends and regulatory changes affecting interest rate risk management.
Basic Requirements:
Bachelor’s Degree in Finance, Economics, Accounting, or a related field, or military experience
At least 6 years of of experience at a large banking institution, with a focus on interest rate risk management or Asset and Liability Management (ALM)
At least 2 years of experience with Quantitative Risk Management (QRM) or Asset and Liability Management (ALM) modeling software
Preferred Qualifications:
Advanced degree in Business, Finance, or Economics
Professional Certifications such as (Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM)
8+ years of experience in banking, balance sheet management, or market risk analysis
Proficiency with Excel handling large data sets and conducting quantitative analysis
Experience with SQL, Python, Snowflake, C#
Ability to condense technical subject matter into clear and effective communications to management and peers
Demonstrated ability to work collaboratively with senior leadership and cross-functional teams
Knowledge of banking requirements related to interest rate risk management
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: $158,400 - $180,800 for Manager, Market and Liquidity Risk
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary
Apply for this role
Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.
Apply Now →Generate Application KitFree account required — sign up in 30s