Business Manager, Operational Risk Capital

Capital One Financial

Confirmed live 2 days ago High trust

Quick summary

Work type
On-site
Location
McLean, VARichmond, VA
Salary
$164,800–$188,100 / yr
Posted
85 days ago
Freshness
Confirmed live 2 days ago

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $178k
This role $176k
$137k most similar roles pay here $219k

This role pays more than 56% of similar roles. Most pay $145,312–$211,200 — the shaded band above. At the midpoint, this role pays about $176k versus about $178k for comparable roles.

Based on 240 similar postings.

Employer

About Capital One Financial

Capital One Financial is a bank holding company specializing in credit cards, auto loans, banking, and savings products, known for its data-driven approach to consumer and commercial finance. Industry: Financial Services & Banking

Capital One Financial currently has 998 open roles on FindRole.

Listed pay typically runs $197,300–$225,100 across 992 roles with salary data.

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View all roles at Capital One Financial

At a glance

TL;DR · Business Manager, Operational Risk Capital

Business Manager - Operational Risk Capital The Business Manager - Operational Risk Capital joins the Operational Risk Capital team to develop strategies, processes, and analyses for managing operational risk capital needs. This role involves developing operational risk loss projections for Comprehensive Capital Analysis and Review (CCAR) and allocating capital to specific lines of business as Managerial Capital. The position requires collaborating with Model Development, Internal Loss Data, Scenario Analysis, Legal, and Finance teams to ensure consistent and sound results. Key responsibilities include driving consensus among stakeholders, managing deliverables in a fast-paced environment, and identifying continuous improvements. Candidates should possess strong quantitative skills, executive communication abilities, and experience in financial modeling or data analytics tools like Python, SQL, and Tableau. The role addresses the critical business problem of establishing a robust capital management framework to safeguard the banking industry from material operational risks.

What you'll do

  • Develop operational risk loss projections for Comprehensive Capital Analysis and Review (CCAR).
  • Allocate operational risk capital to specific lines of business and product lines as Managerial Capital.
  • Lead the development of operational risk loss deliverables by collaborating with modeling, legal, and scenario analysis teams.
  • Analyze results for consistency and soundness using internal and external data sources.
  • Drive consensus among stakeholders to resolve conflicting opinions and objectives regarding risk management.
  • Design analyses to test hypotheses and synthesize findings for senior leadership.
  • Identify and implement continuous improvements across the operational risk capital team.

What we're looking for

  • Must have at least 3 years of professional experience performing analysis.
  • Must have a Bachelor's or Master's degree in a quantitative field or an MBA with a quantitative concentration.
  • Preferred: 5+ years of experience in analysis.
  • Preferred: 2+ years of experience in management consulting.
  • Preferred: 2+ years of experience in Operational Risk Management, business operations, financial services, financial modeling, or project management.
  • Preferred: 1+ years of experience in people management.
  • Preferred: 2+ years of experience with data analytics tools like Python, SQL, Tableau, and Excel.
  • Must possess strong quantitative orientation, strategic influencing skills, and executive communication capabilities.

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