Risk Manager - Partnerships Delivery, Operations & Well Managed Team

Capital One • McLean, VA

12h • Hybrid

About The Position

The Risk Manager will support Capital One’s US Card Partnerships Delivery, Operations & Well Managed Team, helping identify, manage, and mitigate risk across the Partnerships business. The role has broad exposure across lines of business and works with risk, compliance, and other business functions to build effective processes that support efficient, well-managed growth. This is a hybrid position, subject to Capital One’s policy on required onsite presence at the designated office location.

The position oversees risks and controls related to compiling, reviewing, and operationally executing contractual partner settlements. It reviews and approves daily settlements and monthly partner compensation, facilitates monthly settlement presentations, and contributes to due diligence for new and existing partner contacts. The Risk Manager also drives improvements aligned with business risk priorities, supports project and program initiatives—including automation—and leads reporting and analytics that incorporate insights and trend analysis.

The role requires a bachelor’s degree or military experience, relevant experience in compliance, legal, audit, or risk management, project or process management, work with internal business clients, and data reporting and analysis. Preferred qualifications include additional experience leading cross-functional risk projects, relevant certifications, and strong communication and prioritization skills. The position is eligible for performance-based incentive compensation. Capital One states that it will not sponsor new applicants for employment authorization or provide immigration-related support for this position.

Requirements

• Bachelor’s degree or military experience.
• At least 4 years of experience in Compliance, Legal, Audit, or Risk Management.
• At least 3 years of Project or Process Management experience.
• At least 3 years of experience supporting, partnering with, and interacting with internal business clients.
• At least 2 years of experience reporting and analyzing data.

Nice To Haves

• 5 or more years of Project Management experience leading cross-functional projects and programs in Risk.
• 5 or more years of experience in Compliance, Legal, Audit, or Risk Management.
• 3 or more years of experience reporting and analyzing data.
• Professional certification in risk management or assurance, such as Certified Risk Management Professional or Certified Internal Auditor.
• PMP, Lean, Agile, or Six Sigma certification.
• Excellent written and verbal communication skills, with a demonstrated ability to prioritize and manage multiple deliverables.

Responsibilities

• Oversee risks and controls related to the compilation, review, and operational execution of contractual partner settlements.
• Collaborate with risk, compliance, and other business functions to achieve objectives and support organizational priorities efficiently and on time.
• Review and approve contractual partner daily settlements and monthly partner compensation.
• Facilitate monthly presentations of contractual compensation settlements with the Portfolio Management Team, Financial Planning and Analysis Team, and Accounting.
• Participate in due diligence for new and existing partner contacts, providing timely review and feedback.
• Drive results and improvements aligned with the business’s risk and well-managed agendas.
• Identify broader needs and lead problem solving through risk forums to influence change and continuous improvement in risk management practices.
• Partner across functions to provide strategic and tactical thought partnership that accelerates project and program initiatives, including automation supporting compilation and settlement processes.
• Perform and lead data and analytics initiatives for reporting, such as Monthly Business Reviews, incorporating insights and trend analysis.

Benefits

• Comprehensive health, financial, and other benefits supporting total well-being; eligibility varies by employment status and management level.
• Performance-based incentive compensation, which may include cash bonuses and/or long-term incentives.

What This Job Offers

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