Manager, Economic Capital Group

Company:	Capital One Company Profile \| Current Opportunities (263)
Job Location(s):	McLean
Employment Term:	Regular
Employment Type	Full Time
Start Date:	As soon as possible
Starting Salary Range:	Not Provided
Required Education:	Bachelor's Degree
Required Experience:	Open
Related Categories:	Banking - General, Finance - Controller, Finance - Treasury/Risk

Position Description

The Economic Capital Group at Capital One is responsible for estimating as well as allocating equity rates to our diverse lines of business. It is also responsible for allocating hurdle rates to lines of business. Together they are instrumental in driving the firm's capital strategy as well as quantifying risk adjusted returns for our businesses.

The function has a unique mix of technical and business orientation and is able to have a Top-of-House view of all our businesses and the risks embedded in them. It interacts with several functions (finance, risk management) on a regular basis.

Responsibilities:

Manage quantification of Strategic, Market and, FX risk capital

Aggregation of overall Economic Capital and its allocation to the lines

Provide business orientation to complex analysis presentable at Capital Strategy discussions

Understand and build in implications of prospective regulatory changes on capital (BASEL II and III)

Manage differential discount rate allocation process

Develop strong relationships with constituents particularly Risk Management, line finance

Work with Risk Management and other constituents as the function is sophisticated

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. We promote a drug-free work environment. We emphasize recruiting, hiring, and retaining the most qualified candidates and providing them with the opportunity to meet their potential. We provide an environment where differences lead to solutions.

Basic Qualifications:

• Bachelors Degree
• 3 years experience in Economic Capital, Risk, or Corporate Finance

Preferred Qualifications:

• 2 years experience in financial analytical modeling using SAS
• Ability to work-through complex technical/statistical tools and distil business implications
• Working knowledge of our asset classes (card, auto, banking)
• Proven ability to lead cross functional deliverables independently
• Excellent integrative thinking, problem-solving skills
• Excellent written and verbal communication skills

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. We promote a drug-free work environment. We emphasize recruiting, hiring, and retaining the most qualified candidates and providing them with the opportunity to meet their potential. We provide an environment where differences lead to solutions.

Other desired skills:
economic capital, risk management, strategy, corporate finance, statistics, modeling, SAS