Risk Manager, CAT Testing | Retail Bank
Risk Manager, CAT Testing | Retail Bank
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Were looking for a strategic forward thinking Manager for our Retail Risk Office Control Testing Program supporting Retail Bank and Premium Products Shopping business this role you will use your strong people leadership communication analytical and problem solving skills to help oversee the management of our first line controls program. Youll lead a team of risk management and control assessment professionals accountable for this program.
You will also partner with leaders across the enterprise to ensure alignment with internal policies and testing methodologies. Youll need a well developed risk and control mindset strong judgment and the ability to influence priorities across the Lines of Defense teams to maintain a strong program while effectively managing capacity.
Responsibilities:
The 1st Line Control Testing team supporting the Retail Risk Office mission is a passionate and dynamic team of risk professionals focused on enhancing the risk profile of our Retail Bank Premium Products and Shopping businesses through execution of mission-critical risk process and control programs. As part of a horizontal risk function this associate will have the unique opportunities to become a subject matter expert in the processes and controls across all business areas within our Retail Banking and Premium Products divisions.
Day-to-day this associate will be working with a broad range of stakeholders to manage various 1st Line control testing activities as well as provide advice and guidance on various controls related consulting engagements. This could include working with other risk professionals and business leads to define document and update control documentation within the relevant systems of addition this role will be engaged in the interface with our 2nd Line partners to support control validations and documentation reviews. This individual must display strong people leadership skills and be able to motivate a team in delivering flawless execution of control testing and support for our 2nd and 3rd line functions.
As a Risk Manager you will:
- Oversee rigorous control testing engagements of business processes; collaborate with business and Risk Office partners to assess controls and recommend control improvement as needed
- Contribute to the development of our annual control testing strategy and plan identifying key areas of focus and resource allocation
- Explore and collaborate with business and Risk Office partners in root cause analysis for ineffective control testing results
- Support our strategy for automating controls where possible by implementing full exception / population testing across the control environment
- Contribute to reporting necessary to inform the Accountable Executives and other key stakeholders on the status of control suite effectiveness and issue remediation
- Perform quality reviews and assessments on control testing results
- Validate the effectiveness of remediation efforts for issues generated from Audits Exams and various other processes
- Engage with our Risk Office and business partners on how to design and document effective controls in our control environment related to business risks in addition to regulatory and internal policy requirements
- Advise and assist with remediation of identified gaps in our control environment due to regulatory and internal policy updates
- Possess solid verbal and written communication skills to communicate effectively and present to a range of Risk Office business and functional stakeholder groups
- Apply sound inquiry and analysis to make recommendations and decisions
- Be intellectually curious to question the obvious explore options and develop alternatives
Basic Qualifications:
- At least 2 years of Financial Services Audit or Risk Management experience
- At least 2 years of experience supporting partnering and interacting with internal business clients
Preferred Qualifications:
- Bachelors Degree
- 3 years of people management experience
- 1 years of project management experience
- 3 years of Financial Services Controls Testing/Assessment Audit or Risk Management Experience
- 1 years of Experience with reporting tools (Tableau)
- 1 years of experience with Google Suite
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.
Richmond VA: $132800 - $151600 for Risk ManagerCandidates 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 candidates 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 Citys Fair Chance Act; Philadelphias 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- 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.
For technical support or questions about Capital Ones recruiting process please send an email to
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).
Required Experience:
Manager
Employment Type
Full-Time
