Capital One Senior Risk Associate Market Capital 

United States, Virginia, Arlington 

417243724

Center 2 (19050), United States of America, McLean, Virginia Senior Risk Associate, Market Risk and Capital

The Liquidity, Market, and Capital Risk Oversight (LMCRO) team is seeking a motivated candidate for a Senior Risk Associate position. LMCRO is a second line of defense Independent Risk Management (IRM) function responsible for oversight of the company’s measurement and management of risks across the crisis continuum, including liquidity risk, market risk-taking and management, capital measurement and management, and recovery and resolution planning. This includes regulatory stress testing (e.g., CCAR, ILST and other resilience analysis), regulatory requirements (e.g., Basel), overall liquidity, market, and capital risk management frameworks, and regulatory compliance.

Risk Associates at Capital One are highly motivated risk and process management professionals with excellent analytical, organizational, and communication skills. These skills allow the Risk Associate to gain insights, and act as a change agent to influence their partner organizations.

Responsibilities:

• Serve as the team’s market risk management compliance subject matter expert, owning the relationship with Corporate Compliance, executing against Compliance’s “minimum standards”, and maintaining an understanding of industry best practices, industry/regulatory trends, and supervisory guidance Drive our team’s governance, process, and control assessment program by maintaining our effective challenge framework and engaging with our first line partners to assess their processes and control infrastructure supporting market risk management and other areas of financial risk management

• Own, maintain, and execute the team’s change management (e.g., new products, treasury new initiatives process, etc.) and issue management framework

• Identify and govern the risk and control data within our risk data infrastructure which includes:

  • identifying opportunities to further improve or design dashboards, tools, and processes related to data governance;

  • proposing enhancements to ensure our risk and control data quality is well-managed within our applications;

  • facilitating discussions with our stakeholders to improve the overall health of our risk/control environment

• Design and manage monitoring plans, oversight, and compliance assessments as part of the Company’s overall Risk management framework, ensuring Compliance, Audit and Regulatory requirements are being met

• Provide support in ensuring LMCRO’s governance frameworks are implemented appropriately, interacting with and influencing a wide range of stakeholder groups

• Strategically drive consistent approaches across liquidity, market, and capital risk management oversight frameworks

• Help manage the “in-cycle” CCAR review and challenge process (e.g. evaluating first line documentation against LMCRO’s review and challenge requirements, processing challenges through the system of record, etc.)

• Lead the creation of various presentation materials for diverse stakeholders and governance committees

• Actively track regulatory and industry trends and events to evaluate potential blind spots and drive enhancements in the team’s governance frameworks for market, liquidity, and capital risk

• Help develop communications to senior management, regulators, and auditors

• Evaluating design and operating effectiveness of controls, writing control assessments, and developing recommendations to partner teams for improving internal controls

The ideal candidate will possess:

• Strong execution skills with commitment to detail

• Strong communication skills, both written and verbal

• Problem solving and innovative thinking skills

• Ability to collaborate, build positive relationships, and exert influence without direct authority

• Ability to apply strong judgment in areas of ambiguity

• Proficiency in evaluating internal controls and internal control frameworks

• Proficiency in understanding of financial institutions, bank balance sheet and profit and loss, liquidity and capital concepts and their impact on business decision-making and risk management

• Experience in Finance or Risk Management or similar role at a regulated Financial Institution or Consulting firm

• Experience with design and implementation of risk governance frameworks

Basic Qualifications:

• Bachelor’s Degree or military experience

• At least 2 years of experience with compliance, governance, or control processes

• At least 2 years of experience in financial risk management

Preferred Qualifications:

• 2+ years of experience with market risk management frameworks

• 3+ years of experience working with regulatory or corporate governance requirements

• knowledge of banking industry and regulatory trends

• Audit or consultant experience within risk advisory, financial services, regulatory, or compliance

• Experience automating Risk Management or Change Management processes

• Chartered Financial Analyst (CFA) license, Certified Public Accountant (CPA) license, Certified Internal Auditor (CIA) license, or Financial Risk Management (FRM) license

. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

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 . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.