Risk Manager, Network Participant Risk Oversight: Testing & Monitoring

Capital One Financial

Confirmed live yesterday High trust

Quick summary

Work type
On-site
Location
Richmond, VAMcLean, VANew York, NYRiverwoods, IL
Salary
$138,100–$157,700 / yr
Posted
4 days ago
Freshness
Confirmed live yesterday

Market check

Salary context

Below market

How this pay compares to similar roles

Similar $186k
This role $148k
$128k most similar roles pay here $232k

This role pays less than 81% of similar roles. Most pay $157,009–$214,925 — the shaded band above. At the midpoint, this role pays about $148k versus about $186k 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 · Risk Manager, Network Participant Risk Oversight: Testing & Monitoring

Risk Manager - Network Participant Risk Oversight: Testing & Monitoring joins the newly created Network Participant Risk Management team within the Operational Risk Management second line of defense. This role focuses on establishing and launching a risk oversight program to provide independent challenge and stewardship regarding risks posed by network participants, such as issuers, acquirers, and network alliances, to the Global Payments Network. The manager will drive the program through testing, monitoring, and detailed data analysis to identify problem areas and develop remediation plans. Key responsibilities include performing risk assessment for the Business Risk Office, managing policies and standards, and providing guidance on risk management practices. Essential skills include project and program management, analytical thinking, and strong communication. The role addresses operational risks within the payment network environment to ensure a sustainable risk profile while protecting customers.

What you'll do

  • Develop and execute the Network Participant Risk Management testing and monitoring strategy.
  • Perform detailed data analysis to identify risks and develop remediation plans for first-line risk management.
  • Provide expert guidance and challenge regarding the implementation of network participant risk practices.
  • Manage and oversee policies and standards related to the Network Participant Risk Oversight Program.
  • Execute challenge activities to ensure risk-taking groups accurately represent their control environments.
  • Document results of challenge activities and perform validation data analysis to identify trends and problems.
  • Analyze issues and events to provide insights on changes to the network participant risk environment.
  • Develop risk mitigation plans to ensure the business addresses areas of exposure.

What we're looking for

  • High School Diploma, GED, or equivalent certification.
  • At least 4 years of risk management experience within the financial services industry.
  • At least 2 years of payment network experience.
  • At least 2 years of experience in third party risk or risk governance oversight.
  • At least 2 years of risk management, compliance, or legal oversight experience.
  • 5+ years of Project or Program Management experience leading cross-functional programs in Risk (preferred).
  • Experience creating presentations with PowerPoint or Google Slides (preferred).
  • Risk management certification such as Certified Third-Party Risk Professional (CTPRP) (preferred).

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