Director, Regulatory Affairs Advisor & Liaison

About the role

Capital One, a Fortune 500 company and one of the nation's top 10 banks, offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Our goal is to create one of the nation's great banks, and we have the necessary ingredients: a strong balance sheet, resilient businesses, a massive customer franchise, strong analytical capabilities, and great people. We nurture a work environment where people with a variety of thoughts, ideas and backgrounds, guided by our shared values, come together to make Capital One a great company and a great place to work. Within Capital One, the Regulatory Affairs function at Capital One is responsible for managing all interactions with Federal Banking Regulators.

We are seeking a Director to play a significant role in ensuring Capital One proactively responds to the changing regulatory environment and delivers on commitments to regulators in a timely manner. This role involves significant engagement with senior leaders and regulators, and provides the opportunity for growth in the regulatory affairs and risk management organizations.

Responsibilities

You should consider this role if you:

• Understand and appreciate all flavors of risk management as it relates to financial services.
• Have experience or working knowledge of consumer credit products and associated regulatory frameworks and risk management practices.
• Thrive in a dynamic, fast-paced environment where priorities often change.
• Possess strong critical thinking, problem solving, written and verbal communication skills to build consensus across a broad range of stakeholders.
• Lead with empathy when working with internal stakeholders and government agencies.
• Closely follow regulatory policy and technological developments in banking and financial services.
• Thrive on engaging with stakeholders across all organizational levels, including executive leadership.

Primary Responsibilities include:

• Manage and foster productive relationships and interactions between consumer credit business functions and Federal Regulatory supervisory staff.
• Provide thought leadership and strategic advisory services to senior management and other stakeholders regarding the regulatory environment and supervisory matters.
• Synthesize trends within the external landscape and local regulatory engagements and drive internal awareness of focus areas and potential sensitivities to minimize regulatory risk and ensure the company is exceeding expectations set forth by law, regulation, and agency guidance
• Lead preparation activities and oversee execution of on-site engagements such as exams (e.g., logistics management, fulfillment of supervisory requests, and driving issue resolution).
• Identify potential risk areas and advise on corrective actions, ensuring they are monitored and on-track for timely and effective mitigation.
• Lead or support policy advocacy activities with respect to banking and regulatory-related matters in partnership with other stakeholders, including Lines of Business, Legal, and Global Enterprise Affairs.

Qualifications

Basic Qualifications:

• At least 5 years of experience in banking, financial services, risk management, audit, consulting, regulatory agencies, or a combination

Preferred Qualifications:

• 8+ years of experience in banking, financial services, risk management, audit, consulting, regulatory agencies, or a combination.
• 8+ years of experience supporting integrated projects or programs where senior leaders and external stakeholders are your customers.
• 5+ years of experience working with banking regulators and regulatory policy.
• 5+ years of experience with consumer credit products and associated regulatory frameworks and risk management practices.

Pay

The minimum and maximum full-time annual salaries for this role are:

• McLean, VA: $230,400 - $263,000 for Director, Government Relations
• Richmond, VA: $209,500 - $239,100 for Director, Government Relations

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).

Benefits

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.