What are the responsibilities and job description for the Manager, Risk Identification and Assessment position at Capital One?
Manager, Risk Identification and Assessment
Capital One is one of the fastest growing organizations in the world today. The growth of the business is being accelerated by leveraging innovative and emerging technologies. We are serious about technology, we dream big, and we execute: Capital One moved our entire enterprise to the public cloud over the course of five years, fully exiting our data centers. Just as we prioritize driving innovation through technology, we equally prioritize cybersecurity and managing technology risk.
Technology Risk Management (TRM) is a small organization that packs a big punch. TRM is a second line organization, which means it is independent and reports up through the Chief Risk Officer.The roughly ninety professionals in TRM are trusted expert advisers who shape decisions, challenge activities to ensure they meet our standards, and generally oversee technology and information security risk across the business and the central technology organization. TRM plays a critical role in helping to ensure the company’s risk-taking entities are aware of the risks inherent in their activities and decisions, the impact of their actions at an enterprise level, and opportunities to reduce, mitigate, or avoid the risks altogether.
This position – Manager, Risk Identification and Assessment - which sits under Governance, Risk Identification, and Testing (GRIT) tower within TRM - will play a key role in the organization’s second line of defense risk identification program by providing expertise in assessing and enhancing the organization’s cybersecurity and technology risk posture and supporting the identification and assessment of enterprise-level technology and cybersecurity risks. As part of the second line of defense, you will collaborate closely with associates in cybersecurity, technology, the lines of business, and other risk management offices in the various lines of business, to perform and support evaluations of the firm’s risk posture and offer independent advice and value-add recommendations regarding ways to reduce risks. Having the ability to understand and translate data-driven analysis, business drivers, initiatives and priorities into technology and cybersecurity risks is critical to ensure proper advising to business stakeholders. While a strong foundation of technology, cybersecurity, and risk management expertise is required to support core assessment responsibilities, being able to engage as a trusted business risk advisor to deliver high-impact results in their area(s) of expertise is a core expectation for the role.
A strong candidate is passionate and proficient in technology/cyber risk, industry, and regulatory trends, who is intellectually curious and stays current on emerging cyber threats, technologies, and potential implications for the company. This candidate has a team-first attitude and is comfortable building relationships and collaborating with the team and other partners and stakeholders to get the work done. This candidate is execution oriented, a self-motivator in an ambiguous environment, can manage multiple projects while maintaining superior results, can successfully work in a fast-paced environment, and is able to quickly come up to speed with the business and technology environments with which they will be working. This candidate also will have excellent verbal and written communication skills (tailored to the audience) and can concisely and logically explain complex/technical topics.
Essential Functions (Responsibilities):
Core Assessment Responsibilities
Perform the review and effective challenge of technology and cybersecurity risks through first-line assessment activities (i.e., Division and Business Unit risk and control self assessment activities, Process Level Assessments), to include providing expertise and advice on risk themes and mitigating activities
Perform the review and effective challenge of technology and cybersecurity risks through first-line change-drive assessment activities (i.e., new, expanded, or modified products and services)
Perform review and effective challenge of the completeness of the first-line annual critical business process (CBP) inventory
Monitor, report, and escalate first-line’s cybersecurity and technology metric performance, identify changes or trends in the risk profile, draft relevant commentary, and brief senior management
Develop reports to support assessment results and present these results to the team, business executives, and other stakeholders
Advisory/Team Responsibilities
Be a trusted advisor and guide/drive effective and relevant Tech and Cyber risk conversations with Line of Business leadership and their teams (e.g., aligning to or providing insights in support of strategic priorities or objectives for the business, increasing risk accountability, etc.)
Support and contribute in discussions to enable the identification, assessment, management, and reporting of key technology and security risks and control related issues
Communicate in a compelling manner, with a strong point of view, to any audience, including internal and external stakeholders
Navigate regulatory and compliance requirements as an approachable and effective partner to develop solutions in response to Line of Business focus areas
Collaborate effectively and build trusted relationships with colleagues, stakeholders, and leaders across multiple organizations to achieve objectives.
Coordinate project-related activities and deliverables to ensure effective collaboration, teamwork, and influence with and beyond the immediate team and across stakeholder groups.
Operate a continuous improvement approach by reviewing and challenging the design and operation of processes
Support assessments for senior management and other stakeholders, to include regulatory agencies and the Board of Directors, as needed.
Basic Qualifications:
Bachelor’s degree or military experience
At least 5 years of experience managing, or consulting, or auditing
At least 5 years of experience working in the fields of information security, or technology, or risk management
At least 5 years of experience with cybersecurity or technology risk assessments
Professional Security Certification or Professional Risk Management Certification (Certified Information Systems Security Professional (CISSP), or Certified Informations Systems Auditor (CISA), or Certified Information Security Manager (CISM), or Certified in Risk and Information Systems Control (CRISC), or Open FAIR Certified)
Preferred Qualifications:
Master’s degree
At least 5 years of experience in a second-line or oversight role at a financial institution or regulatory agency
Knowledge of supervisory expectations expressed in the Federal Financial Institutions Examination Council (FFIEC) IT Handbook, or Federal Reserve Supervisory Letters, or Office of the Comptroller of the Currency Bulletins, or Federal Deposit Insurance Corporation Financial Institution Letters
Knowledge of, or experience working with agile methodology and tools (Jira, or Confluence)
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): $160,200 - $182,800 for Manager, Cyber Risk & Analysis
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 the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
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
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
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).
About the Company:
Capital One
Salary : $160,200 - $182,800
