Senior Manager, Capital Markets and Risk - LCR/NSFR

Overview

Senior Manager, Capital Markets and Risk - LCR/NSFR

The Liquidity Risk Management (LRM) team, within Capital One’s Capital Markets and Analytics (CMA) organization, is responsible for identifying, measuring and managing the company’s liquidity risk in accordance with applicable regulations and within our Board approved risk appetite levels. The team utilizes several key liquidity frameworks designed to appropriately analyze and manage the short and long-term liquidity risk across the firm. These frameworks are driven by both internal and regulatory considerations, including Capital One’s internal stress tests, the Holding Company’s Liquidity position, Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), and Capital One’s Contingency Funding Plan.  These frameworks are key drivers in shaping the size and composition of the company’s liquidity buffer, as well as influencing the funding profile and strategic investments.

To ensure we accurately size and account for liquidity risk, it is essential that we understand and integrate evolving business drivers/requirements, new products, or acquisitions into these frameworks. This role on the LRM team offers a high performing candidate the unique opportunity to partner with various lines of business, Finance and Risk departments, and the Corporate Development team to gain a deep understanding of liquidity risk management practices, while utilizing all aspects of our underlying technology infrastructure to deliver best in class liquidity modeling.

This role will be primarily responsible for the production of the LCR and NSFR, including managing the daily execution, monthly reporting, and quarterly reporting for the ratios, in addition to setting strategy for balance sheet positioning to optimize our liquidity position. In addition to a core responsibility focused on the LCR/NSFR, this role will also gain exposure to Capital One’s full liquidity adequacy framework, inclusive of all internal and regulatory liquidity stress testing frameworks. This role includes data aggregation, operations, and strategic deliverables. The ideal candidate will develop a mastery of liquidity risk management supervisory guidance, metrics, data, and business strategy to increase their strategic impact on the team.

Responsibilities:

• Develop a complete understanding of Capital One’s Liquidity Risk framework

• Develop an understanding of our technology infrastructure which drives the data analysis and modeling of our liquidity stress tests

• Own the production of the LCR/NSFR, including daily execution, monthly reporting (to governance committees), and quarterly disclosure SEC reporting

• Implement technical/business requirements for new Enterprise Wide Initiatives (EWIs) and Corporate Development initiatives to drive the delivery of these requirements for the LCR and NSFR frameworks

• Lead the Regulatory Reporting (2052a) partnership and monthly reconciliation to LCR/NSFR process

• Lead efforts to set balance sheet strategy to optimize for the LCR and overall liquidity position

• Develop deep subject matter expertise on the LCR / NSFR regulatory rules, application of treatment across our balance sheet, and the partnership with Legal, Treasury, LOBs, and 2052a partners for new products, initiatives, etc.

• Lead requirements documentation, E2E testing, and validation related efforts associated with new products, new systems, Enterprise Wide Initiatives (EWIs), and Corporate Development initiatives in order to maintain the daily and monthly operations of our liquidity stress testing frameworks

• Communicate LCR/NSFR subject matter expertise, impacts, and results to a wide array of stakeholders, including Finance Leadership, second / third line partners, and regulators
  

Basic Qualifications:

• Bachelor’s Degree or military experience

• At least 7  years experience in accounting, financial analysis and financial modeling

• At least 3 years of experience in people leadership

Preferred Qualifications:

• Bachelor’s Degree in a quantitative major (Finance, Accounting, Economics, Mathematics, or Engineering)

• Masters Degree in Business Administration (MBA), Accounting, Finance, or Economics, or other quantitative field of study

• Chartered Financial Analyst (CFA) license, or Certified Treasury Professional (CTP) license, or Certified Public Accountant (CPA) license

• 8+ years of experience in financial analysis and financial modeling

• 5+ years of experience in Advanced Microsoft Excel/Google Sheets and Google Slides 

• 5+ years of people leadership experience

• Ability to demonstrate strong verbal and written communication skills

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: $193,000 - $220,300 for Sr. Manager, Capital Markets & Risk

Riverwoods, IL: $175,500 - $200,300 for Sr. Manager, Capital Markets & Risk

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

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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).