Director, Commercial Risk, Underwriting & Portfolio Management

Capital One•McLean, VA

4d•$187,300 - $235,100

About The Position

The Director, Business Risk and Governance (Regulatory Lead) supporting the Commercial Underwriting and Portfolio Management (UW&PM) organization will be an experienced leader, possessing deep regulatory expertise and extensive experience in advising management on commercial credit matters. Candidates should have the self-confidence, intellectual horsepower, and earned credibility requisite to effectively lead and enhance governance and remediation activities across the commercial underwriting and portfolio management activities of Capital One’s Commercial Bank. The Director must have strong communication and relationship building skills for interactions with internal and external stakeholders. These stakeholders include the UW&PM senior leadership team, Commercial Risk, Credit Review, Internal Audit, Credit Officers and business unit leaders as well as external regulators (e.g. Office of the Comptroller of the Currency and Federal Reserve Bank staff). It will be critical that the candidate build credibility across this wide array of constituents. This individual will combine a hands-on, detail-orientation with a strategic mindset and innate capacity to consult with and influence senior leaders as they address pressing regulatory and business issues.

Requirements

Bachelor's degree or military experience
At least 8 years of experience within a regulatory body such as the Office of the Controller of the Currency, Federal Reserve Bank or a regulatory advisory role at a commercial bank

Nice To Haves

At least 10 years of experience in a regulatory role within the commercial banking industry
Experience across lending products including cash flow lending, real estate lending or structured products
Strong written and oral communication skills

Responsibilities

Serve as the business unit’s resident expert on regulatory matters surrounding a variety of commercial credit topics including risk ratings, evaluation and adjudication of credits, shared national credits, leveraged lending
Stay current on regulatory expectations and keep the business unit informed of anticipated regulatory actions or shifts in tone and expectations.
Work with Commercial Risk, Credit Review, and Regulatory Relations teams to create a strategy to address key changes within the business unit.
Serve as a subject matter expert on critical changes pertaining to regulatory reporting and helping in the organization (in collaboration with our regulatory reporting teams) to drive conformance to related requirements.
Ensure the Commercial UW&PM business unit’s processes and governance routines are consistently in conformance with regulatory and enterprise expectations.
Work with the business unit to ensure all regulatory documentation requirements are met, and that Credit Review, regulatory exam results are positive.
Establish a clear framework around how to evaluate transactions through the eyes of Credit Review and/or regulatory counterparts.
Work regularly with the various UW&PM teams at the transaction level as their go-to, in-business counsel.
Help maintain sound, compliant and appropriate solutions to complex regulatory matters, including leading the UW&PM organization’s regulatory agenda - which includes a combination of recurring routines as well as targeted regulatory reviews.
Work with Commercial Risk, Regulatory Relations, Credit Review and Audit teams to respond to and remediate escalated findings in an efficient, effective and sustainable manner.
Serve as a liaison between the UW&PM organization and the broader Commercial Fraud organization, which includes staying abreast of emerging issues and helping identify any potential risk management opportunities in that space.
Manage multiple, complex initiatives simultaneously and leverage project management and planning skills with a forward-thinking approach.