Risk Manager, Retail Bank

Risk Manager, Retail Bank

As a Risk Manager at Capital One you’ll be responsible for working with business partners to identify and mitigate potential risks to Capital One. Risk Managers at Capital One are the front line of defense to ensure our Company remains stable and profitable. They have a high level of exposure across lines of business and have the opportunity to work with Executives to create and implement innovative solutions to identify and mitigate potential risks to the Company.  Retail Consumer Bank Risk focuses on marketing, product design, product implementation, technology, and customer protection that allow our customers to bank with confidence. Risk advisors work through unstructured problems and manage change while demonstrating superior problem-solving skills and strong judgment. 

Responsibilities
As a Manager-level risk advisor, you will:

• Advise and consult with risk and business teams to help develop well-designed products, processes, and supporting technologies

• Establish and maintain positive working relationships with product owners, process managers, compliance advisors, legal counsel, auditors, and other risk associates

• Manage multiple tasks to meet deadlines, independently and with team collaboration

• Oversee risk event remediation impacting customers stemming from process breakdowns or other problems, helping develop permanent corrective actions

• Work across the division to execute the first line risk assessments, and assist with establishing risk mitigation plans

• Deliver on our well-managed agenda by facilitating various risk assessments, and consulting on effective challenge

• Review, analyze, assess risk, document effective controls to cover gaps enhancing the control suite effectiveness (CSE) 

• Other risk efforts, including but not limited to: Audit/Exams support, Control Testing, Executive Reporting, RMAP coverage, PSP management and renewal/certification, hosting Office Hours with Legal and Compliance, and support the Business on everyday Risk Management areas

Successful Risk Managers in our culture are:

• Innovative, adaptive, and inclusive

• Exceptional  verbal and written communicators

• Creative, outside-the-box thinkers who have a customer-backed problem-solving approach

• Able to assist on multiple work streams and tasks simultaneously 

• Collaborative, team players with the ability to navigate organizations

• Passionate about continuously learning

• Able to blend strategic and tactical thinking and creative and analytical reasoning

• Able to proactively identify themes and apply learnings in highly ambiguous contexts

Basic Qualifications

• High School diploma, GED, or equivalent certification

• At least 3 years of experience in retail or direct banking process management, risk management, product management, or operations

• At least 2 years of Project Management experience

• At least 2 years of experience supporting, partnering and interacting with internal business clients
   

Preferred Qualifications

• Bachelor’s Degree or Master’s Degree

• 5+ years of experience in risk management, financial services, technology, or product management

• 5+ Experience with risk core methodologies and risk categories

• Professional certifications (such as Business Process Management certification, Lean or Green Belt Certification CFE, CRM, CIA, CRMA, CRCM)

This role is hybrid meaning associates typically spend about half their time (2-3 days per week) in-person at one of our offices listed on this job posting. Monday and Fridays are enterprise- wide virtual work days. Tuesday, Wednesday and Thursday are in-person days for associates to spend time together working in our beautifully-designed team areas.

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 th