Execute the Commercial Credit Review function by:Developing and executing a risk-based review plan for credit exposures in a line(s) of business, including individual deal sampling and testing. Reviewing individual credit files to assess overall credit process and accuracy of risk rating (PD) and Loss Given Default (LGD)Analyzing portfolio composition to identify trends and provide opinion on portfolio quality. Identifying credit process weaknesses. Identifying gaps in credit policy and credit r... more details
Overview
West Creek 3 (12073), United States of America, Richmond, Virginia
Sr. Manager - Commercial Credit Review
Capital One is a diversified bank that offers a broad array of financial products and services to consumers, small business and commercial clients and is one of the nation’s top 10 banks and has one of the most widely recognized brands in America. Capital One nurtures 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 Commercial Credit Review Senior Manager is responsible for executing an independent, risk-based assurance review of assigned platforms within Capital One Bank’s commercial credit portfolio, including assessment of credit practices, effectiveness of policy implementation and risk rating accuracy. The portfolio includes credit exposures in the areas of Commercial and Industrial, Commercial Real Estate, Energy, Financial Institutions, Healthcare, Technology, Municipal Finance, , Counterparty Credit and Special Assets. The Senior Manager will contribute towards the execution of the annual Credit Review operating plan and provide training, coaching and coordination of cross-functional teams within Credit Review in the process. This associate will also be responsible for building and maintaining working relationships with line of business management and key associates within Risk Management.
Responsibilities:
- Execute the Commercial Credit Review function by:
- Developing and executing a risk-based review plan for credit exposures in a line(s) of business, including individual deal sampling and testing
- Reviewing individual credit files to assess overall credit process and accuracy of risk rating (PD) and Loss Given Default (LGD)
- Analyzing portfolio composition to identify trends and provide opinion on portfolio quality
- Identifying credit process weaknesses
- Identifying gaps in credit policy and credit risk rating models
- Identification, aggregation and tracking of issues to resolution
- Communication of Credit Review assurance results with exceptional verbal and written communication skills, demonstrating strong clear thinking and succinct delivery of message
- Contributions to innovation projects and department initiatives as a Credit Review process SME
- Report results and issues verbally and in writing to executive management and internal credit and risk senior executives
- Work with bank regulators and external auditors to provide assurance that commercial Credit Review processes are sound
- Build and maintain high trust relationships with senior credit risk management, senior lending associates, and regulators
- Act as an approachable advisor to business heads and key lenders by developing continuous and effective communication channels for all stakeholders
- Ability to provide business leadership and partnering skills to help drive the organization towards critical decisions and deliverable results.-Ability to travel 10% of the time
Basic Qualifications:
- Bachelor’s degree or military experience
- At least 7 years of experience in credit risk management, corporate credit analysis or commercial credit review assurance
- At least 3 years of experience working with executive leadership or regulators
Preferred Qualifications:
- Master’s degree
- CFA or CPA
- 4+ years of experience evaluating complex structured leveraged lending loans in an underwriting, portfolio management or credit review assurance role
- At least 2 years of experience evaluating commercial banking credit risks in a regulatory role (e.g. OCC, Federal Reserve)
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.
New York City (Hybrid On-Site): $199,100 - $227,200 for Sr. Credit Review 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 RecruitingAccommodation@capitalone.com. 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 Careers@capitalone.com
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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).
