Capital One
TPRM Risk Manager
Capital One is seeking an experienced and self-motivated Manager to join our Third Party Risk Management team, within the second line of defence. The TPRM team is a dedicated group of professionals whose mission is to provide value-add, independent stewardship of Capital One’s third party management practices enabling Capital One to effectively manage third-party risk.
The Risk Manager role will be responsible for practices and products providing third-party risk management oversight and governance, collaborating with risk partners, and enhancing risk assessment frameworks to ensure compliance with regulatory requirements. The ideal candidate will bring strong risk management leadership and a deep understanding of financial industry regulations and best practices.
As part of the larger Operational Risk Management (ORM) organization, you will work with talented associates to provide oversight and effective challenge to ensure that our businesses effectively manage overall operational risk. This includes enabling our organizations to maintain a sustainable and holistic operational risk profile in order to deliver superior products while also protecting our customers. You’ll also bring your unique perspective and experiences to help us be rigorous, curious and creative.
Risk Managers have a passion for managing risk with excellent project, process and analytical skills. With these skills, they serve as change agents to effectively shape and enhance third-party risk management framework. They work with key decision-makers on our highest profile projects and make a meaningful impact. They are team leaders that inspire and empower others through openness and inclusion.
Key responsibilities of the TPRM Risk Manager include:
Develop and maintain the framework and governance structure for Third Party Risk Management program, ensuring alignment with policies.
Oversee adherence to regulatory requirements and standards related to third-party risk.
Provide leadership with visibility into third-party risk exposure and trends.
Partner with first and second line stakeholders to ensure effective oversight of third-party risks.
Lead design, implementation and continuous improvement of third party risk assessment frameworks including inherent risk and residual risk assessments.
Design and refine scoring methodologies for evaluating third-party risk across various domains.
Ensure risk assessments align with risk appetite and support business decision making.
Collaborate with risk partners to streamline risk assessment processes and ensure effectiveness throughout the third-party lifecycle.
Drive process improvements and automation to enhance efficiency and sustainability.
Analyze data and identify gaps, issues, or areas of challenge, ensure activities are appropriately documented and communicated.
Balance multiple priorities to help drive the program and support team objectives, while managing tasks and activities related to risk management initiatives.
Preferred Skills/Experience:
Demonstrates strong communication, collaboration, problem solving and influencing skills across various levels of the organization.
Thorough knowledge of Risk Management competencies.
Strong analytical, process facilitation, and project management skills.
Effective presentation and stakeholder management.
Relationship building and ability to influence solutions.
Prior experience in Third Party Risk Management, Operational Risk Management, Audit, Third Party Management or similar role.
Basic Qualifications:
High School Diploma, GED or equivalent certification.
At least 5 years of experience in Risk Management, or Compliance, or Audit.
At least 3 years of experience working with internal business clients.
Preferred Qualifications:
Masters Degree in Finance, or Accounting, or Audit, or Business Management.
At least 5+ years of Project Management experience leading cross functional programs in Risk.
Industry certifications in Third Party or Operational Risk Management (Certified Third Party Risk Professional, ABA Certificate in Operational Risk Management) or Applicable professional certifications (Certified Professional Auditor, Project Management Professional).
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