Manager, Capital Markets and Risk - Internal Liquidity Stress Testing

Capital One • McLean, VA

2d

About The Position

Manager, Capital Markets and Risk - Internal Liquidity Stress Testing The Liquidity Risk Management (LRM) team, within Capital One’s Capital Markets and Analytics (CMA) organization, is responsible for identifying, measuring and managing the company’s liquidity risk in accordance with applicable regulations and within our Board approved risk appetite levels. The team utilizes several key liquidity frameworks designed to appropriately analyze and manage the short and long-term liquidity risk across the firm. These frameworks are driven by both internal and regulatory considerations, including Capital One’s internal stress tests, the Holding Company’s Liquidity position, Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), and Capital One’s Contingency Funding Plan. These frameworks are key drivers in shaping the size and composition of the company’s liquidity buffer, as well as influencing the funding profile and strategic investments. To ensure we accurately size and account for liquidity risk, it is essential that we understand and integrate evolving business drivers/requirements, new products, or acquisitions into these frameworks. This role on the LRM team offers a high performing candidate the unique opportunity to partner with various lines of business, Finance and Risk departments, and the Corporate Development team to gain a deep understanding of liquidity risk management practices, while utilizing all aspects of our underlying technology infrastructure to deliver best in class liquidity modeling. This role will be primarily responsible for the monthly production for the Fortify Funding and Holding Company Coverage ratios, including managing the monthly execution and the annual assumption update process for each program. In addition, this role will be instrumental in setting strategy for balance sheet positioning to optimize Fortify Funding and our Holding Company Coverage Ratio. In addition to a core responsibility focused on monthly stress testing, this role will also gain exposure to Capital One’s full liquidity adequacy framework, inclusive of all internal and regulatory liquidity stress testing frameworks. This role includes data aggregation, operations, and strategic deliverables.

Requirements

• Bachelor’s Degree or military experience
• At least 5 years experience in accounting, financial analysis and financial modeling

Nice To Haves

• Bachelor’s Degree in a quantitative major (Finance, Accounting, Economics, Mathematics, or Engineering)
• Masters Degree in Business Administration (MBA), Accounting, Finance, or Economics, or other quantitative field of study
• 6+ years of experience in financial analysis and financial modeling
• 6+ years of experience in Advanced Microsoft Excel/Google Sheets and Google Slides
• Experience in Tableau, Python, Amazon Web Services (AWS), or a combination
• Ability to demonstrate strong verbal and written communication skills

Responsibilities

• Develop a complete understanding of Capital One’s Liquidity Risk Framework and all underlying regulatory requirements and principles that feed into our frameworks
• Develop deep subject matter expertise on the Fortify Funding / Contingency Funding Plan regulatory rules, application of treatment across our balance sheet, and partnership with Legal, Treasury, and LOBs partners for new products, initiatives, etc.
• Own the monthly production of the Fortify Funding / Holding Company Coverage Ratio metrics and reporting (to governance committees)
• Lead efforts to set balance sheet strategy to optimize for Fortify Funding and the Holding Company Coverage Ratio
• Communicate Fortify Funding and Holding Company Coverage Ratio subject matter expertise, impacts, and results to a wide array of stakeholders, including Finance Leadership, second / third line partners, and regulators
• Develop an understanding of our technology infrastructure which drives the data analysis and modeling of our liquidity stress tests
• Lead requirements documentation, E2E testing, and validation related efforts associated with new products, new systems, Enterprise Wide Initiatives (EWIs), and Corporate Development initiatives in order to maintain the monthly operations of our liquidity stress testing frameworks
• Provide support in both written response and gathered documentation for regulatory liquidity exams, audits, and other challenge or review forums

Benefits

• Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.
• Learn more at the Capital One Careers website .
• Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager