Sr. Business Analyst - Operational Risk Capital

Capital One • McLean, VA

5d • $111,200 - $126,900

About The Position

The Operational Risk Capital team develops strategies, processes, and analyses to manage operational risk capital needs and provide analytical support for managing Capital One’s material operational risks. The team partners with Model Development, Internal Loss Data, Scenario Analysis, Legal, Finance, and first- and second-line risk leaders on risk measurement and management.

As a Senior Business Analyst, you will use strategic and analytical skills to develop operational risk loss projections for Comprehensive Capital Analysis and Review (CCAR), and allocate operational risk capital to lines of business and product lines as Managerial Capital. The position involves developing an understanding of critical operational risks and supporting a strong capital management framework. It is a collaborative environment that encourages new responsibilities, continuous learning, and innovation.

Requirements

• At least 2 years of professional experience performing analysis.
• Currently has, or is obtaining by the scheduled start date, a bachelor's degree in a quantitative field or a master's degree in a quantitative field or an MBA with a quantitative concentration.
• Proven decision-making and problem-solving ability based on analytics, with strong quantitative and conceptual thinking skills.
• Strong business judgment, leadership, integrity, and responsible decision-making.
• Excellent written and oral communication skills, strategic influencing skills, and ability to build agreement through interpersonal and negotiation skills.
• Strong results orientation and ability to execute in uncertain and changing environments.
• Track record of thriving in a fast-paced, entrepreneurial, and dynamic environment.

Nice To Haves

• Previous management consulting experience.
• Master’s degree in Business or a quantitative field such as Finance, Economics, Physical Sciences, Math, Statistics, or Engineering.
• At least 1 year of consulting experience.
• At least 1 year of statistical model-building experience.
• At least 2 years of business analysis experience.
• At least 1 year of project management experience.
• At least 2 years of experience with data analytics tools such as Python and SQL, BI platforms such as Tableau, and Excel.

Responsibilities

• Identify business challenges and opportunities for improvement, using analysis to develop strategic or tactical recommendations.
• Develop hypotheses, design analyses to test them, synthesize findings for leadership, and lead implementation efforts.
• Partner with colleagues across Enterprise Risk Management, Operational Risk Management, Finance, Legal, Model Development, and other teams to advance the risk measurement agenda.
• Develop operational risk loss projections for CCAR.
• Allocate operational risk capital to lines of business and product lines as Managerial Capital.

Benefits

• Comprehensive health, financial, and other benefits supporting total well-being.
• Performance-based incentive compensation, which may include cash bonuses and/or long-term incentives.

What This Job Offers

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