Senior Manager, Commercial Credit Review
About the role
Capital One’s Credit Review organization is a third line of defense function responsible for providing an independent assessment of the Company’s credit quality, key and emerging risks, and credit process execution to the Risk Committee of the Board of Directors and other stakeholders. Commercial Credit Review is seeking a Senior Manager who will participate in and/or lead continuous testing and targeted review activities within assigned portfolios, contribute to the execution of the annual Credit Review plan, and work cross-functionally across Credit Review teams. The Senior Manager will drive the independent oversight of Capital One’s recent acquisition, Brex, by contributing to the design and implementation of Credit Review’s assurance framework tailored for Brex and by establishing and maintaining strong collaborative relationships with Brex management and key stakeholders within Risk Management.
Responsibilities
- Complete transactional testing to assess the appropriateness of client selection, quality of underwriting, effectiveness of borrower monitoring, and accuracy of risk ratings
- Analyze portfolio composition to identify trends and risks and provide an opinion on portfolio quality
- Participate in or lead Targeted Reviews to assess key risks in a given portfolio or across portfolios
- Identify gaps in credit policy, credit processes, and credit risk rating models
- Identify key and emerging risks
- Effectively communicate results to executive-level management, regulators, and other key stakeholders
- Build and maintain effective working relationships across all three lines of defense
- Act as an approachable advisor to business heads and key lenders by developing continuous and effective communication channels for all stakeholders
- Provide business leadership and partnering skills to help drive the organization toward critical decisions and deliverable results
- Develop and execute monitoring plans as needed
- Assist in or lead the completion of quarterly Business Assessment Reports
- Lead special projects
Basic Qualifications
- Bachelor’s degree or military experience
- At least 8 years of direct transactional credit experience (underwriting, workout, risk management, credit review, or regulatory)
Preferred Qualifications
- At least 5 years of experience with traditional cash flow and leveraged lending
- Master’s degree
- Certified Financial Analyst (CFA) or Certified Public Accountant (CPA)
- Ability to support conclusions through fact-based analysis and influence senior leaders
- Strong written and verbal communication skills
- Excellent credit analysis and financial analysis skills
- Strong organizational skills
- Ability to manage multiple complex tasks while delivering high-quality results
- Leadership experience and strong leadership skills
- Demonstrated experience in identifying, assessing, and reporting on existing and emerging risks
- Experience with direction applicability to Credit Review responsibility
- Ability to navigate across a large organization and work with cross-functional teams
Pay
Salaries for full-time roles are listed below by location. Salaries for part-time roles will be prorated based on the agreed-upon number of hours to be regularly worked.
- Charlotte, NC: $182,500 – $208,300
- Chicago, IL: $182,500 – $208,300
- McLean, VA: $200,700 – $229,100
- New York, NY: $219,000 – $249,900
- Plano, TX: $182,500 – $208,300
- Richmond, VA: $182,500 – $208,300
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 will be reflected in the candidate’s offer letter. This role is also eligible to earn performance-based incentive compensation, which may include cash bonuses and/or long-term incentives.