Senior Director, Commercial Valuations Lead

Senior Director, Commercial Valuations Lead

Capital One’s Governance, Valuations, & Innovation (GV&I) Team is seeking a Senior Director to lead the Commercial Valuations team. The Commercial Valuation team is a foundational part of Capital One’s risk management practices by ensuring robust and compliant valuations for Commercial Real Estate and Enterprise Value reliant transactions. This person will partner with associates across the Commercial businesses, Enterprise-wide functions, and the Credit Risk & Analytics (CR&A) Division to enhance risk governance, credit policy, controls, processes, and assurance practices as well as implement changes that are strategic and transformative for the Bank.

Capital One’s Governance, Valuations, & Innovation (GV&I) Team is a second line of defense housed within the Credit Risk & Analytics (CR&A) Division. CR&A is responsible for Risk Governance, Risk Appetite, Credit Risk Policy, and Assurance Exam Management activities for the Commercial Bank. The team’s contribution is critical in providing a foundation for sound risk management practices, complying with internal policies and regulations, and exhibiting the overall culture of Capital One.

• Oversee the Commercial Valuation Team’s delivery of consistent and compliant Commercial Real Estate and Enterprise Value reliant valuations across Capital One, including distressed assets and emerging asset classes
• Serve as a trusted advisor to product, business, and risk teams to identify, document, and effectively mitigate credit risk
• Planning and driving changes to current processes, procedures, and controls to improve and enhance risk governance
• Formulating and implementing innovative solutions, with a focus on leveraging technology such as AI and automated workflow tools
• Demonstrating our values of Excellence and Do the Right Thing while supporting our journey to Change Banking for Good
• Work closely with associates, conduct reviews of work product, and support professional development through coaching
• Leverage thorough knowledge of relevant regulatory frameworks including Interagency Guidelines, FIRREA, and Uniform Standards of Professional Appraisal Practice to communicate requirements to stakeholders across Capital One

The Senior Director will be instrumental in influencing stakeholders in the first and second lines of defense as part of enhancing risk processes and ensuring compliance with regulatory requirements. Therefore, the core competencies for the ideal candidate include:

• Experience in risk governance
• Strategic and analytic orientation - a proven track record of decision making and problem-solving based on available data
• Excellent verbal and written communication skills
• Highly collaborative orientation and strong team player who places the best interests of the organization above personal objectives
• Ability to establish credibility, trust, and support within all levels of the organization
• Aptitude for synthesizing complex issues into a clear and concise summary
• Proactive and results-oriented
• Ability to develop and manage team members
• Experience acting as a strategic thought partner with a forward leaning mindset related to the Commercial Real Estate industry

• Bachelor’s degree or Military experience
• At least 12 years of experience in a regulatory environment, risk governance or risk policy management at a regulated institution.

• At least 15 years of experience of risk governance, commercial lending, credit risk oversight and working with internal business partners within the financial services industry
• Masters Degree
• State Certified General Real Estate Appraiser
• MAI designation
• Valuation credentials (ASA/AM, CPA/ABV, CVA, AVA, CFA)
• Experience with ARGUS, RIMS, and Capital IQ
• Experienced people leader

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…