Risk Manager

Risk Manager, Underwriter Partnerships Card

Capital One Trade Credit (COTC) provides customizable, tech-enabled B2B credit solutions for enterprise-scale Partners to serve their end business customers. Our trade credit solutions enable our Partners to grow sales, improve working capital, reduce risk, increase operational efficiency and enhance their customer experience throughout the purchase-to-payment lifecycle. 

The trade credit value prop to our Partners is powered by our strength in full-spectrum business underwriting. We are seeking a highly skilled underwriter to join our COTC Credit team to make account decisions for our most valuable customers. 

In this role, you will have primary accountability for analyzing business and personal financial conditions to evaluate credit worthiness and prepare detailed recommendations for loan decisions.  You will assess financial statements and additional data to understand revenues, profitability, cashflow, sustainability, and overall risks. You will present your decisions to senior approvers, client strategy leads, partners, and directly to customers.

Responsibilities:

• Make credit recommendations on cases up to $1M+ exposure and maintain individual signing authority up to $250K exposure

• Conduct business interviews to understand client business model, sources of revenue, merchant spend, and future projections

• Assess business financial performance against policy guardrails 

• Prepare clear, concise analysis supporting credit decision recommendations and provide rationale for any deviations from loan policy, procedures and guidelines

• Identify and mitigate key credit risks 

• Adhere to all applicable regulations and the expected execution standards 

• Request additional business and personal information to address key identified risks

• Demonstrate exceptional service in all interactions with customers and partners

• Support related portfolio risk management activities such as partner counterparty risk assessment, annual portfolio reviews, portfolio performance monitoring, and ad hoc portfolio risk analysis

• Support evolution of the high-line underwriting process as the business continues to grow

Basic Qualifications:
- Bachelors Degree or military experience
- At least 3 years of experience in credit underwriting or
- At least 3 years of experience in portfolio management or 
- At least 3 years of experience in asset management

Preferred Qualifications:
- At least 5 years of experience in credit underwriting
- At least 5 years of Financial Services risk management experience
- Ability to work autonomously and cross-functionally

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Chicago, IL: $132,800 - $151,600 for Risk ManagerMcLean, VA: $146,100 - $166,700 for Risk ManagerNew York, NY: $159,400 - $181,900 for Risk ManagerRichmond, VA: $132,800 - $151,600 for Risk Manager

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

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.

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

This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [email protected]. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to [email protected]

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Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).