Director, Commercial Risk, Underwriting & Portfolio Management
About The Position
The Director, Business Risk and Governance (Regulatory Lead) supports Capital One’s Commercial Underwriting and Portfolio Management (UW&PM) organization. This experienced leader brings deep regulatory expertise and extensive experience advising management on commercial credit matters, and leads and enhances governance and remediation activities across the Commercial Bank’s commercial underwriting and portfolio management activities. The role builds credibility with internal stakeholders—including UW&PM senior leadership, Commercial Risk, Credit Review, Internal Audit, Credit Officers, and business unit leaders—as well as external regulators such as Office of the Comptroller of the Currency and Federal Reserve Bank staff. The Director combines hands-on attention to detail with strategic judgment, consulting with and influencing senior leaders on regulatory and business issues. The role serves as the business unit’s regulatory expert on commercial credit, keeps the organization informed about regulatory expectations and changes, and works across risk, review, regulatory relations, and audit teams to establish compliant processes, address regulatory findings, and lead the UW&PM regulatory agenda. It also serves as a liaison to the broader Commercial Fraud organization and manages multiple complex initiatives.
Requirements
- Bachelor’s degree or military experience.
- At least 8 years of experience within a regulatory body such as the Office of the Comptroller of the Currency or Federal Reserve Bank, or in a regulatory advisory role at a commercial bank.
- Strong written and oral communication skills.
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.
Responsibilities
- Serve as the business unit’s regulatory expert on commercial credit topics, including risk ratings, credit evaluation and adjudication, shared national credits, and leveraged lending.
- Monitor regulatory expectations and inform the business unit about anticipated regulatory actions and shifts in expectations.
- Work with Commercial Risk, Credit Review, and Regulatory Relations to develop strategies for addressing key changes in the business unit.
- Serve as a subject matter expert on regulatory reporting changes and collaborate with regulatory reporting teams to drive conformance with requirements.
- Ensure the Commercial UW&PM business unit’s processes and governance routines conform consistently to regulatory and enterprise expectations.
- Help ensure regulatory documentation requirements are met and that Credit Review and regulatory examination results are positive.
- Establish a framework for evaluating transactions from the perspective of Credit Review and regulatory counterparts.
- Provide transaction-level counsel to UW&PM teams.
- Lead the UW&PM organization’s regulatory agenda, including recurring routines and targeted regulatory reviews, and help maintain sound, compliant solutions to complex regulatory matters.
- Collaborate with Commercial Risk, Regulatory Relations, Credit Review, and Audit teams to respond to and sustainably remediate escalated findings.
- Liaise between UW&PM and the broader Commercial Fraud organization, monitor emerging issues, and help identify potential risk management opportunities.
- Manage multiple complex initiatives using project management and planning skills and a forward-looking approach.
Benefits
- Comprehensive health, financial, and other benefits supporting total well-being.
- Eligibility for performance-based incentive compensation, which may include cash bonuses and/or long-term incentives.
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What This Job Offers
Job Type
Full-time
Career Level
Director
