Consumer Credit Risk Management Financial Analyst (Sr. Associate)

West Creek 3 (12073), United States of America, Richmond, Virginia

Consumer Credit Risk Management Financial Analyst (Sr. Associate)

Consumer Credit Risk Management (CCRM) is a 2nd line function whose mission is to protect the resilience of Capital One’s portfolio by governing credit risk. As the Sr. Financial Analyst on CCRM’s Department Operations and Executive Reporting Team, you will play an integral role in generating horizontal reporting and context on key credit risk and financial metrics that provide senior management and the Board visibility to the aggregate impact of credit decisions across all lines of business. This role provides you with the opportunity to leverage your financial analyst skills and gain exposure to the business of credit at Capital One through interactions with many of the company’s leading credit professionals and executives. 

Responsibilities:

• Partnering with subject matter experts across CCRM and Line of Business (LOB) Finance to source data and analyses, understand trends and anomalies, and prepare critical reporting for the Risk Committee of the Board of Directors, the Credit Policy Committee (which includes the Chief Executive Office, Chief Financial Officer, and LOB Presidents), and the Monthly Performance Review Committee (which includes the Chief Credit and Financial Risk Officer, and the Card and Auto Chief Credit Risk Officers), including:

  • Consumer Credit Risk Update to the Board - produce risk appetite metrics results, engage with SMEs to draft memo content, partner with CCRM leadership to finalize memo

  • Credit Program Assessment - manage input gathering from across our Divisional Credit Offices, ensure data quality and understanding of material changes through independent review of inputs and follow up with SMEs, produce horizontal views for Credit Policy Committee consumption

  • Enterprise Credit Risk Limits Report - source inputs directly and through partners, analyze trends and seek understanding where needed, produce final report for distribution to a wide range of stakeholders

  • Consumer Credit Risk Appetite Limits Renewal - actively engage in hypothesis development, analysis, reviews, and recommendations associated with the annual renewal of the company’s Credit Risk Appetite and associated metrics and limits

• Ensuring well-managed execution by maintaining updated official records, including formal and informal procedure documentation, and interfacing with Credit Review and Internal Audit to support targeted reviews of our function.

• Play a key role in our journey to achieve end-to-end automation (from 1st line authoritative source to 2nd line reporting) of high-priority usage data associated with Board-level risk appetite metrics to improve overall efficiency and data quality.

• Engage in department budget management activities in partnership with Finance and org leaders as needed, including annual budget planning, outlook updates, flex budget transfers, actuals monitoring, and scenario evaluation. This work will entail direct interaction with certain cost center owners (Vice President-Senior Vice President level), partnership with points of contact within other cost centers across the department, and partnering with Finance to provide consumable reporting that resonates with leadership.

Success in the role requires:

• Attention to detail and a high bar for quality, on-time delivery

• Interest in understanding credit concepts and how business level decisions aggregate into company results

• Desire and capability to engage with credit SMEs to gain appropriate context and understanding of the story behind the numbers

• Ability to partner with and influence colleagues across a variety of functions within and outside of CCRM to achieve deliverables and meet process timelines and quality expectations

• Managing numerous inputs across multiple bodies of work with overlapping timelines while ensuring superior quality output is delivered on time

The ideal candidate will have prior experience in a financial reporting and analysis role, senior management interaction experience, and a commitment to collaboration and teamwork, while also being comfortable working autonomously to deliver against expectations. Experience with and/or knowledge of fundamental credit concepts, data management concepts, and automation tools and solutions is a plus, as is experience using XStream (Finance system of record). The ideal candidate will also have a growth mindset, enabling them to take