Manager, Risk Management (LAUNCH)

At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking globally. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Manager, Risk Management - LAUNCH Risk Manager As a Risk Manager in Capital One’s Network Risk organization, you will be on the forefront of ensuring that our business partners are delivering initiatives in a well managed and responsible manner. In your role, you will be responsible for governance and oversight of the Global Payment Network’s LAUNCH program, a risk assessment process designed to prudently manage the risks associated with introducing new, expanded, or modified products, services, practices, or processes.

Within this role, you will be tasked with core responsibilities, noted below. The goal of these responsibilities is ensuring that the Network LAUNCH program is an efficient, reputable, and value adding risk assessment that continues to evolve in a way that meets the needs of our business partners.

• Management of the end-to-end LAUNCH process, including supporting and guiding an assessment triage through Risk Pre-Check (RPC) all the way through obtaining AE signoff on finalized assessments.
• Focus on governance and reporting, ensuring that the overall process is conducted in a manner that aligns with ERM’s LAUNCH Standard while also ensuring that reporting is accurate, timely and produces value adding information to relevant stakeholders.
• Partner with leadership on both the definition and implementation of Network LAUNCH strategy, including education campaigns, process improvements, and the successful implementation of LAUNCH and Risk Pre-Check.

Network Risk professionals are talented and highly motivated individuals that operate within a collaborative team environment to deliver value-adding risk management services to our business partners. You will have the opportunity to partner with a diverse group of stakeholders, both within Network Risk and more broadly, as we seek to achieve a collective goal of prudent risk management.

The ideal candidate will possess excellent attention to detail and an ability to communicate and manage relationships effectively across multiple stakeholder groups. Through oversight of the end-to-end process, you will be able to showcase these skills while gaining exposure to top Capital One imperatives that impact multiple lines of business.

Responsibilities:

• Oversight of the day to day responsibilities associated with executing the Risk Pre-Check and LAUNCH process including intake, prioritization, due diligence and approval
• Governance of the process, including management of weekly team stand ups and ongoing monitoring of the initiative pipeline to ensure that overall process health is maintained.
• Resolution of escalations as well as further escalation, as needed
• Support reporting routines, including support for MBRs and ad hoc data requests
• Identification, training, and onboarding of new stakeholders, including Functional Area Representatives (FAR), Independent Risk Managers (IRM), Intent Requestors, and Accountable Executives
• Relationship management with stakeholders, including holding ongoing check-ins, to ensure that questions and concerns are addressed and that they remain supportive and engaged.
• Partnership with leadership on the definition and implementation strategy efforts, including education campaigns and process improvements, to ensure that LAUNCH remains a highly visible and effective risk assessment process.
• Successful implementation of LAUNCH and Risk Pre-Check within the Global Payment Network

Basic Qualifications:

• Bachelors Degree or military experience
• At least 1 year of Financial Services Risk Management Experience
• At least 3 years of Project Management experience
• At least 5 years of experience supporting, partnering and interacting with internal business clients

Preferred Qualifications:

• At least 5 years of Project Management experience leading cross functional projects and programs in Risk
• At least 3 years of Financial Services risk management experience
• PMP Certification or Masters Certificate of Project Management (CPM)
• Ability to set direction, manage expectations and lead cross-functional teams
• Consulting experience with a global professional services firm.

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

Chicago, IL: $138,100 - $157,700 for Risk Manager

McLean, VA: $151,900 - $173,400 for Risk Manager

New York, NY: $165,700 - $189,200 for Risk Manager

Richmond, VA: $138,100 - $157,700 for Risk Manager

Riverwoods, IL: $138,100 - $157,700 for Risk Manager

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 the Capital 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.

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).