Sr. Risk Manager - Incentive Compensation

Overview

Sr. Risk Manager - Incentive Compensation

Capital One is seeking an energetic, self-motivated Senior Manager to join the Incentive

Risk Management Team within the Enterprise Risk Management organization. In this

role, you will leverage your strong communication skills, incentive risk and

compensation expertise, incentive plan design knowledge, and risk mitigation

experience to support and enhance Capital One’s incentive governance processes.

The team’s mission is to ensure Capital One’s incentive compensation programs

appropriately balance performance and risk by providing independent oversight,

monitoring, and effective challenge. The team’s scope includes oversight of incentive

risk management across Capital One, including:

- Conducting risk assessments and backtesting incentive plans

- Identifying the Covered Associate population

- Designing and monitoring risk performance goals (including backtesting)

- Delivering reporting and insights on incentive risk matters to Senior Management

and the Board of Directors

The Senior Risk Manager will be responsible for managing the oversight of incentive-

related risks across all of Capital One’s incentive compensation programs, and

supporting compliance with the Interagency Guidance on Sound Incentive

Compensation Policies. This role will be accountable for identifying and assessing

potential risks embedded within the design and structure of incentive plans, including

international plans, and partnering closely with the first line of defense and Human

Resources to ensure appropriate risk mitigation strategies and controls are

implemented. The Senior Risk Manager will provide independent review and effective

challenge throughout the incentive plan lifecycle, ensuring alignment with the

company’s risk appetite, governance standards, and regulatory expectations.

As part of the larger Enterprise Risk Management (ERM) organization, you will work

with talented associates across first and second lines of defense to support accurate

identification of Covered Associates and the effective implementation of risk

performance goals aligned with the company’s strategic objectives and risk appetite. In

this role, you will provide risk advisory and effective challenge to first line risk-taking

decisions and activities related to incentive compensation.

The Senior Manager will operate with broad exposure across lines of businesses and

engage regularly with senior leaders to develop and implement innovative and

streamlined approaches to identifying, assessing, and mitigating potential risks. You will

also bring a unique perspective and intellectual curiosity to help foster a culture that is

rigorous, thoughtful and creative within an open, collaborative environment where new

ideas and solutions are both encouraged and valued.

Specific responsibilities of the Senior Risk Manager include and are not limited to:

● Support Capital One’s compliance with the Interagency Guidance on Sound

Incentive Compensation Policies.

● Maintain oversight of incentive-related risks across all incentive compensation

programs, ensuring alignment with governance standards, risk appetite, and

regulatory expectations.

● Provide independent risk advisory and challenge of incentive compensation

plans throughout the plan lifecycle.

● Conduct detailed risk assessments to identify emerging risks, trends, and

potential areas of exposure, including within the design and structure of

international incentive plans.

● Partner with the first line of defense and Human Resources to develop and

implement mitigation plans, ensuring that identified risks are appropriately

addressed and controls are effective.

● Support ongoing monitoring and validation of mitigation efforts to confirm that

business actions address areas of exposure and maintain compliance with

governance and regulatory requirements.

● Support accurate identification of Covered Associates and the effective

implementation of risk performance goals.

● Oversee the maintenance of team-owned policies, standards, and other

governing documents

● Support audits, exams, and assessments impacting Incentive Risk Management

● Stay current on the changing industry landscape and regulatory environment

related to incentive risk, and understand the impacts to Capital One.

Basic Qualifications:

● High School Diploma, GED or equivalent certification

● At least 5 years of experience in incentive risk management within the financial

services industry

● At least 5 years of experience in incentive compensation or executive

compensation design, governance, and risk assessment

Preferred Qualifications:

● Bachelor’s degree in Business, Risk Management, or Military Experience

● Experience with regulatory guidance related to incentive compensation (i.e.,

Interagency Guidance on Sound Incentive Compensation Policies), including

international compensation guidelines

● Experience partnering with senior executives and influencing decision-making

● Strong written and verbal communication skills with experience presenting to

senior leadership

● Demonstrated experience collaborating across teams, problem solving, and

streamlining complex processes, with strong attention to detail

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: $177,700 - $202,800 for Sr. Risk Manager

Richmond, VA: $161,500 - $184,300 for Sr. Risk 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.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital 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.

No agencies please. 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 promotes a drug-free workplace. 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; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

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. (COPSSC).