Sr Manager Commercial Risk Rating Policy

• Company

  Capital One

• Location

  USA-NY-New York City

• Remuneration

  Competitive

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  26-Oct-2013

• eFC Ref no

  1296848

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See job description for details

Capital One is a diversified bank that offers a broad array of financial products and services to consumers, small business and commercial clients. Ranked #127 on the Fortune 500, Capital One is one of the nation's top 10 banks and has one of the most widely recognized brands in America. We nurture a work environment where people with a variety of thoughts, ideas and backgrounds, guided by our shared Values, come together to make Capital One a great company and a great place to work.

The Role
Capital One's Commercial Bank contains an approximately $40-50B (exposure) loan portfolio that has grown by virtue of three acquisitions (North Fork, Hibernia, and Chevy Chase). It is a traditional Commercial Portfolio of C&I, CRE, Construction, and Small Business customers located primarily on the East Coast of the United States. The bank has a growing set of home grown Dual Risk Rating (DRR) models that it is continually enhancing and improving. These models are deployed to the underwriting and credit review teams via a centralized web-based risk rating platform. As these rating models are the foundation of the bank's credit risk management and pricing, Capital One is looking for a highly qualified candidate to take responsibility for ensuring these models are understood, valued, and properly used by the relevant business partners.

RESPONSIBILITIES
- Defining and developing proper Dual Risk Rating model usage policy, supporting guides, and training materials
- Educating Dual Risk Rating model users on proper model applications, usage, and policy (e.g., risk rating model selection, usage of rating platform, rating process)
- Educating downstream consumers of Dual Risk Ratings (e.g., portfolio managers) on model applications and usage
- Serving as central communication point to model user group
- Providing feedback on potential improvements to rating models and rating platform to the modeling and IT teams
- Contributing to evaluation and investigation of model usage compared to policy and education
- Contributing to on-going user support of models
The successful candidate will be able to operate effectively in a matrixed environment, serving as an essential communication bridge between model development, risk management, and the users of the risk rating system (e.g., underwriters, credit review). The candidate will exhibit very strong communication, listening, and influencing skills to achieve this communication as well as a structured and analytical thought process to provide clear guidance on model usage. Strong business judgment, business knowledge, and presentation skills are essential.

Qualifications

BASIC QUALIFICATIONS
- Bachelors degree in a financial and analytical discipline (e.g., Economics, Finance, Business, Financial Engineering) or military experience
- 2+ years of commercial banking or advisory experience in credit risk ratings, credit policy, credit review, and/or underwriting

PREFERRED QUALIFICATIONS
- MBA with a finance, banking, or risk related concentration
- 4+ years of commercial banking or advisory experience in credit risk ratings, credit policy, credit review, and/or underwriting
- Education / training experience of quantitative and / or risk related tools
- Excellent communication, presentation, inter-personal, and influencing skills Financial Engineering)
- Very strong communication, presentation, inter-personal, and influencing skills
- Very strong organizational skills
- Willingness to travel (10% - 20%)

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

No agencies please. Capital One is an equal opportunity employer committed to diversity in the workplace.
Capital One promotes a drug-free workplace.



TBLI

TBM

TBEFC

Job Audit, Risk Management and Security

Primary Location United States-New York-New York-Mid Manh-90 Park Ave Br 862 (22862)

Schedule Full-time

Travel Yes, 10 % of the Time

Job Posting

Unposting Date