Senior Business Analyst, Card Loss Forecasting and Allowance

Capital One Financial

Confirmed live yesterday Trusted

Quick summary

Work type
On-site
Location
McLean, VA
Salary
$111,200–$126,900 / yr
Posted
21 days ago
Freshness
Confirmed live yesterday

Market check

Salary context

Below market

How this pay compares to similar roles

Similar $147k
This role $119k
$103k most similar roles pay here $183k

This role pays less than 69% of similar roles. Most pay $119,050–$175,750 — the shaded band above. At the midpoint, this role pays about $119k versus about $147k 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 · Senior Business Analyst, Card Loss Forecasting and Allowance

Senior Business Analyst - Card Loss Forecasting and Allowance joins the Domestic loss forecasting team within the Card Credit Risk Management organization. This role focuses on understanding and projecting how changing economic and customer environments impact future credit losses for domestic card portfolios. You will execute projects to analyze recent credit performance, develop insights for senior leadership, and utilize forecasting models to inform business strategy and financial reporting. Day-to-day responsibilities include performing modeling and analytics for product pricing strategies, identifying business opportunities through analysis, and connecting drivers of consumer credit trends to historical behavior to create risk models. The role requires proficiency in SQL querying, statistical model building, and market research. You will solve complex problems regarding credit performance and risk management by testing hypotheses and developing monitoring plans in a collaborative environment involving IT, Sales, Operations, and Finance.

What does a Business Analyst earn?

Median $119050 from 32 postings across 11 companies.

See salary data

What you'll do

  • Analyze domestic card portfolios to identify business challenges and provide strategic recommendations for improvement.
  • Use forecasting models to project how economic and customer environment changes impact future credit losses.
  • Perform modeling and analytics to support new product and pricing strategies for various lending products.
  • Connect drivers of future consumer credit trends to historical behavior to create risk models.
  • Test hypotheses through rigorous monitoring and analysis to improve overall credit performance.
  • Develop project frameworks, test solutions, and manage the implementation of operational plans.
  • Generate data-driven insights to inform direct-to-consumer marketing and new customer experiences.
  • Collaborate with internal departments like IT, Sales, and Finance to improve quality, volume, and profitability.

What we're looking for

  • At least 2 years of professional experience performing analysis.
  • A Bachelor's Degree in a quantitative field or a Master's Degree/MBA with a quantitative concentration.
  • Strong communication skills including written, oral, and strategic influencing capabilities.
  • Proven track record of decision making based on analytics and strong business judgment.
  • 2+ years of experience in business analysis (preferred).
  • 1+ years of experience in Statistical model building (preferred).
  • 1+ years of experience in market research (preferred).
  • 1+ years of experience in SQL querying or consulting (preferred).

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