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Risk Manager - Enterprise Risk Management

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Capital One
Full Time, Part Time position
Listed on 2026-10-10
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst
  • Management
    Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 151900 - 173400 USD Yearly USD 151900.00 173400.00 YEAR
Job Description & How to Apply Below
Risk Manager - Enterprise Risk Management

At Capital One, we dare to dream, disrupt, and deliver a better way. We bring ingenuity, simplicity, and humanity to an industry ripe for change. Do you want to join the team that paves the way for transformation by managing risk for our customers, communities, and associates? Enterprise Risk Management (ERM) is a critical second-line-of-defense function responsible for defining the bank’s risk management architecture.

Our work is at the heart of risk management for the company and covers all categories of risk, governing policies and standards, risk assessments, and issue and event management. At ERM, we partner extensively across all businesses at Capital One, giving us influence and visibility across the entire enterprise. If you’re a creative and analytical thinker interested in having a real impact in the growth of an exciting and innovative company, this role is for you!

We’re seeking a Risk Manager to join Capital One’s Enterprise Risk Management team. The Risk Manager will have the opportunity to apply their risk management and analytical skills to some of our highest profile Risk Management initiatives, including implementing solutions to ensure Capital One’s continued stability and success.

Responsibilities
  • Lead cross-functional initiatives to simplify and standardize risk processes
  • Leverage data analysis and operational insights to identify core problems and formulate effective solutions
  • Collaborate with 1st Line and 2nd Line stakeholders to align strategies and ensure consistent execution across business lines
  • Partner with technology, product, and data teams to implement required system and process updates
  • Design and implement risk metrics to measure framework effectiveness and process health
  • Lead training across lines of defense to ensure consistent adoption and execution
  • Establish and manage guidance to ensure consistent execution across business lines
  • Deliver reporting and executive-level presentations that provide leadership with real-time risk visibility
  • Develop practical solutions to improve risk management processes using data and technology
  • Participate in and execute other special projects for the team on a periodic basis
Basic Qualifications
  • Bachelor’s Degree or military experience
  • At least 3 years of Risk Management experience
Preferred Qualifications
  • 5+ years of experience in process management
  • 3+ years of experience in responding to and interacting with internal audit or regulatory agencies
  • Strong subject matter expertise in controls development, controls management, controls testing, and reporting activities
  • Experience working in an iterative, highly collaborative environment
  • Experience working in the financial services industry
  • Experience with Governance, Risk, and Compliance software tools

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: $138,100 - $157,700 for Risk Manager
  • McLean, VA: $151,900 - $173,400 for Risk Manager
  • Richmond, VA: $138,100 - $157,700 for Risk Manager
  • Riverwoods, IL: $138,100 - $157,700 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…

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