Head of Product, Commercial Bank Capital Markets

Overview

Head of Product, Commercial Bank Capital Markets

Capital Markets | Head of Product | Senior Director 

The Capital Markets Group is a high growth business within Capital One’s commercial bank serving corporate and institutional clients across multiple business lines including M&A, syndicate finance (loans, bond, equity and structured products) and customer derivatives.  

As the Head of Product for Capital Markets you will be responsible for the business software and platforms that power our clients and those who serve them from the front and back-office.  You will work closely with the heads of each business to ensure that their teams have the tools they need to advise clients, manage risk, and execute on trades and transactions in a well-managed and compliant manner. 

Reporting to Chief Product Officer of the Commercial Bank and sitting on the Product Leadership Team for the Commercial Bank, you’ll also play a key role in building the larger Product Management organization.  You’ll help shape our culture, grow our talent, and be an ambassador for Product Management across the company.

Product Management at Capital One is a booming, vibrant craft that requires reimagining the status quo, finding value creation opportunities, and driving innovative and sustainable customer experiences through technology. We believe our portfolio of businesses and investments in growth and transformation will result in a company with the scale, brand, capabilities, talent, and values to succeed as the digital revolution transforms our society and our industry.

Specifically, as the Head of Product for Capital Markets you will:

• Work to deliver value to clients and business teams across our Structured Finance, Investment Banking, Derivatives, M&A, and Tax Credit Finance platforms.

• Partner with business leaders to care for our existing platforms and to enable new Capital Markets capabilities that expand our portfolio of services for clients and in doing so drive continued revenue growth in an expanding business.

• Establish the vision, roadmap, and execution of capital market platform and technology solutions based on your comprehensive understanding of our client, capital markets operations, and sound risk management practices.  

• Work closely with our product management partners in lending and treasury management to deliver more integrated client experiences and deepen client relationships.

• Directly manage the prioritization of the work, capabilities, components, and infrastructures that are used by multiple customer solutions and customer facing products.

• Confidently communicate and evangelize product and portfolio strategy across large organizations and executives to influence stakeholders to align behind the objectives.

• Inspire, enable and empower teams to collaborate, plan, and deliver complex projects working across a matrixed organization.

What we are looking for:

• Deep domain experience across the capital markets with particular emphasis on debt, equity,  syndicate, derivatives (FX, Rates and Commodities) and corporate finance advisory.

• Creative problem solver who provides thought leadership at the intersection of the human, business and technology dimensions and does so in a collaborative manner.

• Comfort facing white space problems and proven ability to push through the uncertainty by gathering relevant data, enrolling stakeholders, and developing logically sound proposals. 

• Entrepreneurial executive who has a track record of successfully delivering on large and complex projects that deliver tangible value to clients and those who serve them.  

• Inspiring people leader with ability to mentor and develop junior product talent. 

• Relationship focused leader who cares about finding stakeholders and ensures that they are heard as projects move from discovery to delivery.

• Reverence for human centric design and passion leveraging modern technology to help clients and users accomplish their goals with ease, consistency, and speed. 

• Strong risk management mindset with working knowledge of regulatory requirements relevant to the bank’s Broker Dealer (SEC / FINRA) and Swap Dealer (CFTC / NFA) activities.

• Thought leader in the product management discipline with experience building and maturing high performing teams who obsess about clients, delivering value, and getting-stuff-done.

• Aptitude to champion strategic technology initiatives to leap-frog current constraints and deliver transformational value.

• Strong quantitative background to support data-informed decision making.

• Designations including Series 7 / 63 License or Chartered Financial Analyst (CFA) certification

Basic Qualifications:

• At least 9 years of experience working in Product Management

• At least 7 years of experience in securities origination or trading management in Capital Markets

• At least 7 years of experience in risk oversight or operational activities in Capital Markets

• At least 3 years of experience managing people

• At least 3 years of experience leading cross-functional product teams

• Currently has, or is in the process of obtaining one of the following with an expectation that the required degree will be obtained on or before the scheduled start date: 

  • A Bachelor's Degree in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, Computer Engineering, Software Engineering, Mechanical Engineering, Information Systems or a related quantitative field)

  • A Master's Degree in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, Computer Engineering, Software Engineering, Mechanical Engineering, Information Systems or a related quantitative field) or an MBA with a quantitative concentration

Preferred Qualifications:

• Experience translating business strategy and analysis into consumer facing digital products

Capital One will consider sponsoring a new qualified applicant for employment authorization for this position.

#commpdm #CapMkts

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.

Charlotte, NC: $240,300 - $274,300 for Sr. Dir, Product Management

Chicago, IL: $240,300 - $274,300 for Sr. Dir, Product Management

McLean, VA: $264,300 - $301,700 for Sr. Dir, Product Management

New York, NY: $288,400 - $329,100 for Sr. Dir, Product Management

Richmond, VA: $240,300 - $274,300 for Sr. Dir, Product Management

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.

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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).