Senior Associate, Risk Management - Commercial Credit Policy and Governance

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

Role Description

The Policy & Governance Team is seeking a motivated self-starter to join our dynamic team. The role offers exposure to a broad set of risk management activities and opportunities for professional growth. The individual will partner with associates across the Commercial Bank and Credit Risk Management organizations to support efforts to streamline policy frameworks and implement strategic, transformative changes for the firm.

The ideal candidate should have an understanding of commercial banking or risk management practices and be looking to deepen their knowledge of credit risk policy and governance. They must be able to effectively communicate and influence partners across multiple functional areas and levels of the organization. Strong analytical skills, attention to detail, and the ability to adapt in a dynamic environment are essential to succeeding in this role.

Specific responsibilities include, but are not limited to:

• Supporting the management of credit policy lifecycle, including drafting policy updates and communicating changes to stakeholders

• Assisting stakeholders with policy questions

• Collaborating with stakeholders across the three lines of defense to ensure products and initiatives are in compliance with regulatory and internal policy requirements

• Assisting with ad-hoc projects and initiatives

• Formulating and implementing solutions, leveraging technology and data, to enhance credit risk frameworks and processes

• Promoting GV&I’s learning and culture by facilitating continuous learning activities and team interactions

Desired

Skills:

• Self-starter with a background in risk management, risk governance, or credit underwriting

• Understanding of commercial banking activities and the three lines of defense framework

• Effective verbal and written communication skills, including the ability to prepare presentation materials

• Aptitude for synthesizing complex issues into a clear and concise summary

• Keen attention to detail

• Proactive and results-oriented

• Independent problem-solver with ability to navigate ambiguity

• Ability to establish credibility, trust, and support within all levels of the organization

• Willing to learn, adapts easily to change, and confident with diverse thinking

• Knowledge and experience using Google Workspace (e.g., Sheets, Slides, Docs)

Basic Qualifications:

• Bachelor’s degree or military experience

• At least 2 years of experience in risk management, risk governance, or credit underwriting at a financial institution or consultancy firm

Preferred Qualifications:

• 3+ years experience with one or more of the following: commercial risk governance and oversight, corporate or commercial real estate lending

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.

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.