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Risk Manager, International Risk Management

Center 2 (19050), United States of America, McLean, VirginiaRisk Manager, International Risk ManagementCapital One is seeking an energetic, self-motivated Manager to join the International Risk team within the Operational Risk Management second line of defense. The International Risk team is a dedicated group of risk professionals who are responsible for overseeing and effectively challenging Capital One’s foreign business activities, including our non-US products, services, offshore associates and contractors, and facilities to manage our international risk exposure.This role will support the International Risk team as we enhance Capital One’s framework, requirements, and expectations for the management of foreign business activities to support our growing international footprint. International Risk impacts all types of risk at Capital One, including financial and non-financial risk. As a result, you’ll work directly with partners across the organization in a highly visible manner while developing enhanced program requirements to oversee new and existing international functions. Additionally, you’ll provide advice and support on initiatives related to new offshoring or significant changes in our international operating environment.As part of the larger Operational Risk Management (ORM) organization, you will work with talented associates to provide oversight and effective challenge to ensure that our businesses effectively manage operational risk overall. This includes enabling our organizations to maintain a sustainable and holistic operational risk profile in order to deliver superior products while also protecting our customers. You’ll also bring your unique perspective and experiences to help us be rigorous, curious and creative.Risk Managers have a natural passion for managing risk with excellent project, process and analytical skills. With these skills, they serve as change agents to effectively challenge business leaders on our highest profile risk projects. Risk Managers partner with executives and other risk leaders in an open, collaborative environment where new ideas and solutions are both welcomed and rewarded.Specific responsibilities of the International Risk Manager include and are not limited to:• Provides risk consulting to multiple businesses and support functions and is a thought leader on how to meaningfully enhance our second line framework to oversee Capital One’s international risk profile• Analyzes data and influences others to proactively identify risks and trends on an ongoing basis• Fosters a highly collaborative environment with other risk teams and various partner groups to create an integrated and seamless risk experience for the business (e.g., Compliance, Third Party Risk Management, Business Continuity, Technology Risk Management, etc.)• Executes challenge activities to elevate areas of suspected risk and escalates appropriate to Operational Risk Management leadership• Consults on Problem (i.e., Issues and Events) analysis or changes in country conditions to support first line risk response and to inform senior leaders in risk management of our aggregate exposure to countries or regions• Demonstrates independent and adaptive problem-solving and analysis skills with attention to detail• Demonstrates strong communication, collaboration, problem solving and influencing skills across various levels of the organization• Balances multiple priorities to help drive business value and support team objectives, while managing tasks and activities related to risk management initiatives to support the International Risk team in a well-managed capacity• Is forward-leaning and stays current on the changing regulatory environment and geopolitical environment to understand the impacts to Capital One’s foreign business activitiesBasic Qualifications:• High School Diploma, GED or equivalent certification• At least 3 years of experience providing risk oversight or effective challenge activities, or at least 3 years of experience conducting audits in a financial institution environment• At least 3 years of financial institution Risk Management experience, including developing and navigating risk management frameworks and methodologies• At least 5 years of experience supporting, partnering and interacting with internal business clients or serving as a consultant for external business clientsPreferred Qualifications:• Bachelors’ Degree• At least 4 years of experience in risk management (including compliance, legal, operational, or financial risk management)• At least 4 years of Project Management experience leading cross functional programs in Risk• Industry certifications in Risk Management (Certified Risk Management Professional, Certified Internal Auditor)At this time, Capital One will not sponsor a new applicant for employment authorization for this position.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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. 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.comCapital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.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).
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What You Should Know About Risk Manager, International Risk Management, Capital One

Are you ready to take your risk management skills to the next level? Capital One is on the lookout for an enthusiastic Risk Manager for the International Risk Management team in McLean, VA. In this role, you'll be at the forefront of overseeing our global business activities, managing everything from non-US products to offshore associates. We’re looking for someone who is passionate about risk management and ready to enhance our frameworks to better navigate the complexities of international operations. You will play an essential role in supporting the International Risk team by developing robust program requirements that help mitigate financial and non-financial risk associated with our overseas ventures. Collaborating with a diverse array of partners across the organization, you'll analyze data, identify potential trends, and elevate areas needing attention, all while fostering an engaged and collaborative risk culture. If you thrive in a dynamic environment, possess excellent analytical skills, and are known for your strong communication abilities, this position will allow you to make a significant impact and contribute to a solid operational risk profile. Capital One values creativity, curiosity, and rigorous thinking, and as a Risk Manager, you’ll be empowered to challenge business leaders and drive innovative solutions whenever risks arise. If you’re excited about working with talented associates and playing a key role in managing risk on a global scale, then this job could be the perfect opportunity for you!

Frequently Asked Questions (FAQs) for Risk Manager, International Risk Management Role at Capital One
What are the key responsibilities of a Risk Manager at Capital One?

As a Risk Manager at Capital One, you will be responsible for providing risk consulting across multiple business units, enhancing our risk management frameworks for international operations, analyzing data to identify risks, and collaborating with various teams to ensure a seamless risk experience. You will also execute challenge activities to escalate risk areas and consult on issues related to problem analysis and changes in country conditions.

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What experience is required to become a Risk Manager in Capital One's International Risk Management team?

To qualify for the Risk Manager position in Capital One's International Risk Management team, candidates should hold at least a high school diploma or equivalent, with a minimum of three years of experience in risk oversight or audits within a financial institution. It is also preferred to have a bachelor's degree and additional experience in operational or financial risk management and project management.

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How does Capital One support the professional development of its Risk Managers?

Capital One puts a strong emphasis on professional growth, offering various opportunities for training, industry certifications, and skill development, particularly focused on risk management practices. Team members can expect ongoing support and resources to enhance their knowledge and effectiveness in managing risks associated with international business.

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What skills are essential for a successful Risk Manager at Capital One?

Successful Risk Managers at Capital One demonstrate strong analytical skills, project management capabilities, and excellent communication. They are adept problem solvers who can adapt to changing environments and effectively influence decision-making at all organizational levels while maintaining a keen focus on details and collaborative efforts.

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Why is the role of a Risk Manager important in an international context at Capital One?

In an international context, the Risk Manager plays a crucial role at Capital One by overseeing and mitigating risks that arise from foreign business operations. This includes safeguarding against financial and non-financial risks while ensuring compliance with regulations and enhancing business value through effective risk management strategies.

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Common Interview Questions for Risk Manager, International Risk Management
Can you explain your experience with risk assessment processes?

When answering this question, highlight specific methodologies you’ve used in past roles, how you’ve conducted risk assessments, and describe any tools or frameworks that have helped you. Provide examples of how your assessments led to improved risk management strategies.

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How do you stay updated on changes in regulations affecting international risk management?

In your response, emphasize your commitment to continuous learning. Mention specific sources, such as regulatory agencies, industry publications, web seminars, or professional organizations you engage with to keep your knowledge current, and perhaps discuss any recent changes that impacted your previous work.

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Describe a time when you identified a significant risk within a project.

When discussing this experience, set the scene by giving context about the project. Focus on your root-cause analysis process, how you identified the risk, communicated it to stakeholders, and what steps you took to mitigate it. Finally, mention any positive outcomes that resulted.

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What approach do you take to enhance collaboration with cross-functional teams?

In your answer, describe specific strategies you utilize to foster collaboration, such as regular meetings, shared platforms for communication, and joint problem-solving sessions. Highlight an example of how successful collaboration led to a better risk management outcome.

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Can you discuss the importance of data analysis in your role as a Risk Manager?

Emphasize your analytical skills and experience interpreting data to identify emerging trends or risks. Discuss the tools you use for data analysis and provide examples of how your analysis led to actionable insights or strategic decisions in risk management.

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How do you prioritize multiple risk management tasks in a fast-paced environment?

When answering, explain your prioritization process, including how you assess urgency and impact. Provide anecdotes of past experiences where your task management led to successful outcomes, showing your ability to handle pressure without compromising quality.

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What role does communication play in your risk management approach?

Discuss the importance of clear communication in risk management, emphasizing how it builds trust among stakeholders and ensures that everyone is aware of potential risks. Outline methods you've employed to communicate risks effectively to various audiences.

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Describe a complex problem you solved while managing a risk initiative.

Outline the complexity of the problem, detail the steps you took to analyze and resolve it, and highlight the collaborative efforts involved. Conclude by mentioning the lessons learned and how it has shaped your approach to future initiatives.

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How do you measure the effectiveness of your risk management strategies?

Explain the metrics or key performance indicators you monitor, how you collect data on risk management outcomes, and how you use this data for continuous improvement. Share an example where measuring effectiveness led to strategic changes.

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What do you consider the biggest challenge facing risk managers today?

In your response, cite examples like globalization, regulatory changes, or emerging technologies that present challenges. Share your perspective on navigating these challenges and possibly offer solutions or proactive strategies you've used.

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran

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DATE POSTED
December 10, 2024

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