Senior Manager - Consumer Credit Review, Credit Intent Management Testing

Senior Manager - Consumer Credit Review, Credit Intent Management Testing

 

The Senior Manager role is a key part of a horizontal function within the Consumer Credit Review team and will be primarily responsible for assessing the effectiveness of credit intent management across Capital One’s consumer lending portfolios. The main objective is to ensure lending strategies, credit policies, processes and controls are well-designed, documented and operationally effective through independent, risk-based assurance review and data-driven testing.  The Senior Manager will contribute towards the execution of the annual Credit Review operating plan and provide training, coaching and coordination of cross-functional teams within Credit Review in the process.  This associate will also be responsible for building and maintaining working relationships with various lines of business management teams (1st line of defense) and key associates within Credit Risk Management (2nd line of defense).

General Responsibilities:   

• Developing, managing and executing a risk-based review plan focusing on credit policy control design effectiveness, credit intent management and transactional testing methodology

• Reviewing business credit governance and practice to ensure compliant with credit intent implementation requirements

• Performing independent data script based testing and manual account level testing to ensure execution equals intent 

• Provide independent review, challenge, expertise and advice on enhancing the design and operating effectiveness of the company’s credit policies, credit controls and decision capabilities

• Identifying gaps and improvement opportunities through assurance activities and communicating review results effectively both verbally and in writing with management and key stakeholders 

• Validating action plans and remediation efforts to ensure gaps in credit policy, execution, and controls are sufficiently remediated 

• Partnering with the Credit Review Data Analytics and Innovation teams in designing and advancing assurance capabilities and tools to support credit intent management assurance objectives   

• Collaborating with cross-functional teams within Credit Review in horizontal projects and initiatives and with key stakeholder groups across the company

Basic Qualifications:

• Bachelor’s degree or military experience

• At least 7 years of experience in consumer credit risk management, lending strategies, credit risk modeling, credit bureau data, credit risk assurance, or a combination of these areas 

• At least 3 years experience in performing data analytics

• At least 3 years experience with SQL 

Preferred Qualifications:

• Master's Degree

• 10+ years of experience in consumer credit risk management, lending strategies, credit risk modeling, credit bureau data, credit risk assurance, or a combination of these areas

• Formal Credit Training from a large national or regional bank or equivalent training in a regulatory office (such as Office of the Comptroller of the Currency (OCC), Federal Reserve)

• Knowledge about Python a plus

• Prior experience of judgmental underwriting

At this time, Capital One will not sponsor a new candidate 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.

Chicago, IL: $175,500 - $200,300 for Sr. Credit Review Manager

 

McLean, VA: $193,000 - $220,300 for Sr. Credit Review Manager

 

Richmond, VA: $175,500 - $200,300 for Sr. Credit Review Manager

 

Wilmington, DE: $175,500 - $200,300 for Sr. Credit Review 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.