Overview

Center 2 (19050), United States of America, McLean, Virginia Risk Manager- Regulatory Change Management

As a Regulatory Change Manager and risk management professional in Capital One’s Commercial Bank organization, you will apply your skills to the division’s assessment and implementation of new and/or amended laws, rules, and regulations, at the state and federal level; you will be part of a team that ensures the Commercial Bank products, services, and processes are in compliance with new and/or changed legal requirements.

You will develop strong partnerships within the Commercial Risk organization, as well as with Compliance, Legal, the Commercial Bank lines of business, and second line partners, to review and assess the applicability and potential actions required for a broad range of new or changed laws, rules, and regulations. In doing so, you will be responsible for researching business practices, assessing and understanding the impact of the new/changed law/reg, effectively communicating impacts to business partners, and driving implementation of necessary changes in business processes and controls.

You will develop and support best-in-class industry risk solutions in a manner that supports innovation and protects our customers, shareholders and associates. Commercial Risk professionals are experienced and innovative individuals that operate within a highly collaborative team environment to deliver value-added risk management services to our business partners. You will have a significant level of exposure across the organization and have the opportunity to work with partners to create and implement creative solutions to identify and mitigate potential risks to the Company.

The successful candidate will have strong analytical, research, influencing, strategic thinking, problem solving, organizational and communication skills.

Responsibilities:

• Manage the Regulatory Change process for the Commercial Bank lines of business

• Review and assess changes in laws and regulations for applicability and impacts to the Commercial Bank

• Track, coordinate, and report on a high volume of regulatory changes

• Research and review laws, rules, and regulations, and Commercial Bank business practices

• Apply sound inquiry and analysis to make recommendations, decisions, and provide solutions

• Communicate regulatory impacts to business partners, stakeholders, and executives

• Prepare agenda materials and lead discussions for Regulatory Change meetings with stakeholders and partners

• Drive implementation of changes in process and controls necessary to ensure compliance with changes to laws and regulations

• Document decision and advice in the system of record

• Manage multiple tasks independently to meet due dates; coordinate work between multiple areas simultaneously

• Develop and leverage key relationships with stakeholders to enable effective collaboration and drive consensus across the organization

• Track and stay apprised of the changing regulatory landscape and environment

• Prepare and present monthly and quarterly reporting

• Write and revise documents such as policies, standards, procedures, trainings and guidelines

Basic Qualifications:

• Bachelor’s Degree or Military experience

• At least 3 years of experience in legal, compliance, regulatory, audit or risk

• At least 3 years of experience in understanding and communicating legal and compliance requirements to a non-legal audience

• At least 3 years of experience supporting, partnering and interacting with internal business clients

Preferred Qualifications:

• Juris Doctor degree

• At least 5 years of experience in legal, compliance, regulatory, audit or risk

• Strong written and verbal communication skills, including an ability to effectively explain legal and compliance requirements to a non-legal audience and build relationships to collaboratively achieve goals

• Strong research, analytical, and problem solving abilities

• Ability to work in a dynamic environment and flexibility to adapt to changing needs

• Strong ability to drive consensus and influencing skills

• Ability to identify and assess legal and compliance risks presented by new/changed laws/regs and a complex business model, and to communicate those risks to business partners

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

#CommRisk

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.

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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).