Manager, Enterprise Risk Management - Control Methodology

Overview

Manager, Enterprise Risk Management - Control Methodology

Enterprise Risk Management (ERM) is seeking a Risk Manager to join Capital One’s Risk Foundations Control Methodology team. This individual will have the opportunity to apply their risk management and process management skills to support driving Capital One’s continued stability and success in managing and maintaining an effective internal control environment. The ideal candidate will be a highly motivated risk professional with excellent teamwork, process improvement, analytical and communication skills.

The Risk Manager will play a key role in the ongoing governance and management of our Enterprise Control Standard. This role has a high degree of engagement and collaboration with our first and second line performers and stakeholders to drive adoption and application of our control methodology, program and practices, and reporting on the state of our control inventory. The individual selected for this role will have exposure across the lines of business and have an opportunity to work with a diverse set of leadership and risk teams to create and implement innovative solutions to enhance our control methodology, as well as participate in some of our highest profile Risk Management initiatives.

The ideal candidate must be able to effectively apply risk management knowledge, influencing, collaboration, and problem solving skills to ensure sustainable execution and change management of our Policy and practices, as well as identify opportunities to strengthen and mature their areas of focus. To be successful in this position, intellectual curiosity and critical thinking are needed. Risk Managers at Capital One are highly motivated professionals with excellent process, leadership, organizational and communication skills.

Responsibilities Include, but are not limited to, the following:

• Serve as a relationship manager to our first and second line business partners on the Enterprise Control Standard to ensure consistent understanding, implementation and application of the methodologies, as well as to provide transparency, partnership and collaboration

• Ensure consistent implementation and execution of the Enterprise Control Standard through delivering training, responding to requests, performing ongoing monitoring and evaluating inputs from various channels and forums

• Communicate and socialize program requirements and expectations to a broad stakeholder group, engaging as appropriate for feedback and iteration

• Partner internally to support the continued maturity of first and second line control challenge methodologies, provide guidance and mediate when needed

• Manage and socialize updates to the Enterprise Control Standard and Supplemental Guidance

• Engage with the Fuse team on the prioritization and delivery of enhancements to our system of record related to documenting, managing and testing controls

• Execute special projects as needed to drive the use of Generative AI as a tool in documenting and testing controls

• Engage with and support audits and regulatory exams, addressing requests in a timely manner

• Develop practical solutions to improve risk management processes using data and technology to increase efficiency and enhance reporting

• Monitor, conduct quality assurance, and analyze data to to proactively identify trends and improvement opportunities; partner with our business areas to resolve issues, escalating concerns as needed

• Coordinate program-related activities and deliverables to ensure effective collaboration within the team and across stakeholder groups

• Collaborate effectively and build trusted relationships with colleagues, stakeholders, and leaders across multiple organizations to achieve objectives

• Communicate in a compelling manner to internal and external stakeholders

• Participate in and execute other special projects for the team as needed

Basic Qualifications:

• Bachelor's Degree or military experience

• At least 5 years of experience working in risk management, audit, or compliance

• At least 2 years of experience in control or process testing, monitoring or assurance related fields, such as auditing or quality assurance

• At least 1 year of experience working with at least one scripting language (Python, R, Spark, or SQL) and querying, analyzing and working with data languages

• At least 1 year of experience using Governance, Risk, and Compliance software tools

Preferred Qualifications:

• 7+ years of experience working in risk management, audit, or formal quality assurance programs

• 3+ years experience in control or process testing, monitoring or assurance related fields, such as  auditing or quality assurance

• 2+ years of experience working with at least one scripting language (Python, R, Spark, or SQL) and querying, analyzing and working with data languages

• Experience working in the financial services industry

• Professional certification in control, audit or process quality disciplines

• Experience in responding to and interacting with internal audit or regulatory agencies

• Strong subject matter expertise in controls development, controls management, controls testing, and reporting activities  

• Familiarity with Committee of Sponsoring Organizations (COSO) 

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: $151,900 - $173,400 for Risk Manager

Richmond, VA: $138,100 - $157,700 for 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).