Risk Associate - Policy & Innovation
Capital One's Policy & Innovation (P&I) Team is housed within the Credit Risk & Analytics (CR&A), Market Liquidity Risk Oversight (MLRO) Division. CR&A is responsible for Risk Governance, Risk Appetite, Credit Risk Policy and Assurance Exam Management activities for the Commercial Bank. Market & Liquidity Risk Oversight (MLRO) is a second line of defense unit that provides independent oversight and challenge to the activities and practices of the company's risk taking and risk mitigating units as they relate to market, liquidity, debt capital markets, and counterparty risk exposures. P&I's contribution is critical in providing a foundation for sound risk management practices, complying with internal policies and regulations and exhibiting the overall culture of Capital One.
P&I is seeking an Associate level associate with regulatory and change management experience in one or more of the following areas: enterprise and or credit risk management governance, policy, processes and controls. This person will partner with associates across the Commercial Banking businesses, Credit Solutions, Enterprise-wide functions and within CR&A, MLRO to enhance risk governance, controls, processes and assurance practices as well as implement changes that are strategic and transformative for the Bank.
P&I is responsible for a broad set of credit risk management activities for the Commercial Bank and within market & liquidity risk policy governance, providing an opportunity for significant professional growth and exposure to senior management. The Individual will be a key teammate with excellent communication and relationship building skills for interactions with cross functional stakeholders.
Specific responsibilities include, but are not limited to:
Supporting delivery management of P&I's change program, including simplification of Policies and remediation of assurance findings
Preparing and gaining support for change plans
Communicating progress, risk and issues to stakeholders via task tracking and progress reporting
Working closely with associates across Capital One including: Underwriting & Portfolio Management, Credit Solutions, CR&A, MLRO, Enterprise Risk Management, Credit Review and Audit
Supporting communication of changes to impacted stakeholders
Supporting risk assessment and reporting on new business products
Managing P&I change documents and artifacts
Promoting P&I's learning and culture by facilitating continuous learning activities and team interactions
Formulating and implementing solutions, leveraging on technology as much as possible
Exhibiting values of Excellence and Do the Right Thing while supporting our mission to Change Banking for Good
The person will have:
Experience in preparing and executing change plans, managing stakeholders through change
Background in Financial Services
Understanding of commercial banking activities and the three lines of defense framework
Independent problem-solving and discretion
Strong written and verbal communication skills
Excellent attention to detail
Willingness to learn, adapts easily to change and confident with diverse thinking
Ability to establish credibility, trust and support within all levels of the organization
Aptitude for synthesizing complex issues into a clear and concise summary
Proactive and results-oriented
Working knowledge and experience using Microsoft Office applications, and G Suite
Bachelor's degree or Military experience
At least 2 years of financial services experience
At least 3 years of experience in risk management, commercial credit, compliance or policy in a financial institution or consultancy
At least 3 years of experience in supporting, partnering, and interacting with internal business partners
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.