Risk Manager, Commercial Fraud Risk

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The Commercial Fraud Strategy team plays the crucial role of protecting Capital One’s Commercial Banking clients from fraud in an ever changing environment. This team oversees the development and implementation of strategies, tools, and technologies to balance customer experience with fraud risks and losses.

As a Risk Manager at Capital One in the Commercial Bank you’ll be responsible for working to identify risks, design policies and procedures that mitigate fraud, and respond appropriately to a shifting fraud landscape. You will be part of the "1st line" of defense ensuring our Company remains stable and profitable, and meets its commitments to clients and regulators. You will have the opportunity to work with associates of all levels to create and implement innovative solutions that manage fraud risk.

The core competencies for this role involve autonomy, a deep understanding of risk, clear and succinct communication with stakeholders, project management skills to drive relentlessly toward results, and attention to detail. The role will be focused on Internal and External Fraud for Commercial Payments ensuring that fraud processes are well managed via a strong governance process, especially as it relates to fraud risks.

• Lead partnerships with other Risk, Operations, and Second Line teams, along with Sales/Product teams managing relationships to ensure alignment and execution
• Drive Internal Fraud coverage in Commercial Bank
• Develop and design Internal and External fraud prevention processes
• Own intent and lead execution for efforts combating several fraud types
• Develop fraud-related training and communications for associates and clients
• Ensure processes comply with Enterprise Standards and are well documented
• Provide support for audits, exams, and assessments
• Participate in applicable Central, or Enterprise-wide forums

• Bachelor’s Degree or Military experience
• At least 4 years of Risk Management, Fraud, or Audit experience

• Master's Degree
• At least 5 years of Fraud Risk or Audit experience
• At least 3 years of People Management experience

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. Salaries for part‑time roles will be prorated based on the agreed number of hours to be regularly worked.

McLean, VA: $146,100 - $166,700 (Risk Manager)

Richmond, VA: $132,800 - $151,600 (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 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. Eligibility varies based on full‑time 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 (EOE, including disability/vet) committed to non‑discrimination in compliance with applicable federal, state, and local laws. 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…