Senior Director, Enterprise Risk Management

Overview

West Creek 3 (12073), United States of America, Richmond, Virginia

Senior Director, Enterprise Risk Management

Do you want to be part of an organization that’s dedicated to helping Capital One identify, manage and effectively mitigate risk – for our customers, our communities and our associates? As part of Enterprise Risk Management (ERM), you’ll work with talented associates to provide oversight and guidance for our risk assessment programs and our risk and risk mitigation methodology that ensure our businesses effectively manage risk.

Enterprise Risk Management is a critical function within the firm’s second line of defense that establishes the bank’s approach to risk management and ensures adherence to strong risk management practices across the organizations.  We are seeking a senior leader within our ERM team to lead our Issue and Event Management Program. This leader will ensure that our core capabilities to identify, manage, and resolve Issues and Loss Events are well managed, continuously improving, and identifying insights to improve Risk Management across the Enterprise.

The Senior Director, Enterprise Risk Management will report to the Vice President, Enterprise Risk Management. The leader will be responsible for ongoing management and continuous improvement of the programs within their scope.  This includes ensuring that the issue and event management program establishes the appropriate risk management expectations across the firm in alignment with risk management best practices and regulatory expectations.  This leader will also develop a vision for future enhancements, particularly in the space of data analysis and root cause analysis, and ensure that this critical work continues to adapt to the changing needs of the organization over time.

The ideal candidate for this role will have strong experience in Risk Management within the financial services industry, ideally with experience across the lines of defense.  Top notch problem solving, communication and analytical skills as well as the ability to drive decision-making with senior executives across all three lines of defense will be critical to success. Additionally, this candidate will possess significant leadership experience, including leadership of direct teams, program delivery, change management, and influence/collaboration with multiple stakeholders across the organization. 

Responsibilities

• Ensure effective management and enhancement of the bank’s Issues and Events Programs in alignment with business objectives and stakeholder expectations (including applicable regulatory frameworks)

• Drive cross-functional improvement efforts to the Issue and Event Management Program, including enhancements to enterprise-wide practices around Root Cause Analysis

• Drive proactive analysis and reporting around issues and events to identify enterprise-wide themes, trends, and opportunities for improvement

• Develop and deliver appropriate reporting to senior management and the Board of Directors

Competencies

The ideal candidate will be a seasoned risk management professional with strategic leadership skills, and a proven ability to operate effectively in a complex, highly-regulated environment. Candidates should have a passion for leading risk management frameworks that improve our ability to be well managed and ensure we have a best in class enterprise risk strategy.

• Leadership:

  • Able to lead a team through change to drive a culture of strong risk management.

  • Highly collaborative, energetic, results-oriented, and entrepreneurial in nature.

  • Approaches risk management with a forward lean and an orientation towards innovation.

  • Understands and embraces the power of technology, analytics, and automation to drive error-free execution from a second line perspective.

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• Strong Business Judgment:

  • Able to employ judgment and experience to make rapid and complex decisions.

  • Able to influence and build consensus among peers and senior leaders leveraging sound logic and intellectual horsepower.

  • Able to identify critical issues and to resolve them quickly.

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• Communication:

  • Able to identify critical issues and to resolve them quickly.

  • Exhibits leadership presence with highly developed interpersonal, presentation, and communications skills (written and oral).

  • Communicates easily at all levels of the organization, as well as with external parties including regulators and consultants.

  • Has good knowledge of the regulatory landscape in the financial industry and an ability to interact regularly with the multiple Federal banking regulators with jurisdiction over Capital One.

Basic Qualifications:

• Bachelor's degree or military experience

• At least 5 years of risk management experience

• At least 5 years of experience in financial service

• At least 5 years of experience in people management

• At least 5 years experience working with regulatory requirements governing risk management in Financial Services

Preferred Qualifications:

• At least 6 years of experience leading risk programs, projects, or initiatives across an organization

• At least 10 years of experience in financial services / banking

• At least 8 years of experience in people management

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. 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).