Insurance Risk Manager Jobs in Rockville, MD (NOW HIRING)

Risk Manager

As part of Enterprise Risk Management (ERM), you will work with talented associates to ensure our businesses effectively adhere to Capital One's Risk Management Framework. This role focuses on the intersection of process management and risk management, where a robust process hierarchy serves as the foundation for risk identification and assessment.

As a Risk Manager, you will be responsible for implementing and maintaining an enterprise-wide process hierarchy governance framework. You will work to improve business efficiency and drive results by building the universal "language" of our business functions while collaborating with first-line leaders to influence results that directly impact the company's bottom line. You will bring a rigorous, curious, and creative perspective to help maintain a sustainable and holistic process for identifying, managing, and reporting risks aligned to the hierarchy..

General Responsibilities

• Process Governance: Implement and maintain the process management lifecycle, ensuring the enterprise process hierarchy aligns with industry standards and our unique business model.

• Stakeholder Management: Collaborate with first-line of defense contacts and key stakeholders to gain buy-in for the process hierarchy and ensure appropriate execution across business units.

• Risk Assessment Support: Ensure the process hierarchy is structured to allow risk owners to aggregate data and view exposure at the process, business unit, or division level.

• Reporting and Analysis: Create, edit, and manage multiple facets of risk reporting, providing real-time visibility into process health and risk exposure for leadership.

• Governance Framework: Establish standards and metadata requirements for business processes to ensure consistency across global business lines.

• Audit and Compliance Support: Deliver materials requested in audits and exams and support risk teams with ad-hoc deliverables and investigations.

• Process Improvement: Initiate and execute process improvements that save time and resources while maintaining data integrity through established benchmarks.

Basic Qualifications

• Bachelor's Degree or military experience

• At least 5 years of experience supporting, partnering and interacting with internal business clients

• At least 3 years of experience in Risk Management or Process Management

• At least 3 years of experience in Project Management

• At least 1 year of Financial Services Risk Management Experience

Preferred Qualifications

• 4+ years of experience in Process Management utilizing Lean Six Sigma or Agile

• 3+ years of Financial Services Risk Management Experience

• 3+ years of experience with Governance, Risk, and Compliance (GRC) software

• Certified Risk Manager (CRM) or PMP certification

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.

McLean, VA: $151,900 - $173,400 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 theCapital 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).