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Business Manager - Operational Risk Capital and Scenario Analysis

Location: McLean, Virginia; Richmond, Virginia; New York, New York
Job ID R239678 Updated date 04/03/2026
Business Manager - Operational Risk Capital and Scenario Analysis

As a Business Analysis Manager at Capital One, you'll use strategic and analytical skills to address major company challenges. You will collaborate with world-class professionals to develop and test strategies that impact the bottom line, all in an environment that values insight, encourages responsibility, promotes learning, and rewards innovation.

The Operational Risk Capital and Scenario Analysis team develops strategies and processes for managing operational risk capital and conducts scenario analysis workshops to manage Capital One's material operational risks. The team collaborates with first and second line risk leaders on risk measurement and management.

The ideal candidate will be a highly motivated analytical thinker/problem solver with strong attention to detail, a keen focus on results, and excellent communicator. This role requires the ability to synthesize complex subject matters, effectively communicate key insights to senior leadership, and build strong relationships across the organization.

Key Responsibilities and Skills:

Scenario Analysis / Operational Risk Capital:

  • Evaluate Operational Material Risks and partner with VP+ Senior Leadership to develop plausible, high-severity operational loss scenarios.

  • Ensure the defensibility of scenario results by analyzing them for consistency and soundness, using supporting data and analytics from both internal and external sources 

  • Lead the development of operational risk loss deliverables for Comprehensive Capital Analysis and Review (CCAR) by collaborating with various upstream workstreams (e.g., modeling, scenario analysis)

  • Understand and work across the various dimensions of operational risk programs and their impact on different business units

  • Effectively manage deliverables under a fast paced environment. Identify and enable continuous improvements across the team 

Stakeholder Management, and Communication:

  • Build and maintain strong relationships with key stakeholders to ensure the output is valuable and actionable

  • Drive consensus among diverse expert opinions and effectively navigate competing objectives to ensure clarity in decision-making

  • Leverage superior judgment, intuition, and strong relationships to effectively defend and gain support for key decisions

  • Demonstrate impeccable written and oral communication skills, strategic influencing ability, and negotiation prowess to drive agreement

Decision-Making and Strategic Acumen:

  • Possess a strong strategic and analytic orientation, with a proven track record of data-driven decision-making and problem-solving. This includes strong conceptual thinking complemented by a robust quantitative background, essential for engaging with analytically rigorous financial operational risk partners

  • Exhibit strong business judgment, leadership, and integrity. This role requires a tenacious decision-maker who can bring a healthy, aggressive, yet responsible approach to the business

  • Maintain a clear results orientation and intense focus on achieving both short- and long-term goals, with the ability to drive and execute an agenda in an uncertain and fluid environment.

Basic Qualifications:  

  • At least 3 years of professional experience performing analysis

  • Currently has, or is in the process of obtaining one of the following with an expectation that the required degree will be obtained on or before the scheduled start date:

    • A Bachelor's Degree in a quantitative field (Business, Finance, Accounting, Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, Computer engineering, Software engineering, Mechanical engineering, Information Systems or a related quantitative field)

    • A Master's Degree in a quantitative field (Business, Finance, Accounting, Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, Computer Engineering, Software Engineering, Mechanical engineering, Information Systems or a related quantitative field) or an MBA with a quantitative concentration

Preferred Qualifications:  

  • Master’s Degree in Business or quantitative field such as Finance, Economics, Physical Sciences, Math, Statistics, Engineering 

  • 5+ years of experience in analysis 

  • 2+ years of experience in financial services 

  • 1+ year of experience in consulting 

  • 1+ year of CCAR experience 

  • 1+ year experience in structuring executive-level decks and presentations

  • 1+ year experience with data analytics tools such as (Python, R, SQL) for manipulation, BI platforms (Tableau, Power BI, Qlik) and (Excel)

  • Business Analysis Certifications and or Business Data Analytics Certifications (i.e. CCBA, CBAP, and or IIBA-AAC, IIBA-CBDA)

Capital One will consider sponsoring a new qualified 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.

McLean, VA: $164,800 - $188,100 for Business Manager


 

New York, NY: $179,700 - $205,100 for Business Manager


 

Richmond, VA: $149,800 - $171,000 for Business 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 the Capital 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 (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 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

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).

Who We Are

At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.