The Liquidity Risk Management (LRM) team, within Capital One’s Capital Markets and Analytics (CMA) organization, is responsible for identifying, measuring and managing the company’s liquidity risk in accordance with applicable regulations and within our Board approved risk appetite levels. The team utilizes several key liquidity frameworks designed to appropriately analyze and manage the short and long-term liquidity risk across the firm. These frameworks are driven by both internal and regulatory considerations, including Capital One’s Internal Liquidity Stress Test (Fortify Funding), the Holding Company’s Liquidity position, Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), and Capital One’s Contingency Funding Plan. These frameworks are key drivers in shaping the size and composition of the company’s liquidity buffer, as well as influencing the funding profile and strategic investments.
To ensure we accurately size and account for liquidity risk, it is essential that we understand and integrate evolving business drivers/requirements, new products, or acquisitions into these frameworks. This role on the LRM team offers a high performing candidate the unique opportunity to partner with various lines of business, Finance and Risk departments, and the Corporate Development team to gain a deep understanding of liquidity risk management practices, while utilizing all aspects of our underlying technology infrastructure to deliver best in class liquidity modeling.
This role will be primarily responsible for the monthly production for the Fortify Funding and Holding Company Coverage ratios, including managing the monthly execution and the annual assumption update process for each program. In addition, this role will be instrumental in setting strategy for balance sheet positioning to optimize Fortify Funding and our Holding Company Coverage Ratio. In addition to a core responsibility focused on monthly stress testing, this role will also gain exposure to Capital One’s full liquidity adequacy framework, inclusive of all internal and regulatory liquidity stress testing frameworks. This role will also serve as a support to the LCR and NSFR metrics, including operations and strategic deliverables. The ideal candidate will become well versed in both metrics to increase their leverage and impact on the team.
Responsibilities:
Develop a complete understanding of Capital One’s Liquidity Risk Framework
Develop an understanding of Reg YY and all underlying regulatory requirements and principles that feed into our frameworks
Develop an understanding of our technology infrastructure which drives the data analysis and modeling of our liquidity stress tests
Implement technical/business requirements for new Corporate Development initiatives and drive the delivery of these requirements for our four key stress testing frameworks
Lead efforts to set balance sheet strategy to optimize for Fortify Funding and the Holding Company Coverage Ratio
Communicate the impact of new products and initiatives to a wide array of stakeholders, including Finance Leadership, second, and third line partners
Read and analyze python code of Fortify Funding and Holding Company Coverage Ratio models to assist in model enhancements, maintenance, and change control
Provide support in both written response and gathered documentation for regulatory liquidity exams, audits, and other challenge or review forums
Basic Qualifications:
Bachelor's Degree or military experience
At least 3 years of experience in financial modeling and financial analysis
At least 2 years of experience in securitization, finance, capital markets, or a combination
Preferred Qualifications:
Master’s Degree in Finance, Accounting, Financial Engineering, Economics, or other quantitative field of study
4+ years of experience in financial analysis & modeling
4+ years of experience in statistical model building
4+ years of experience in data analysis or business analysis
3+ years of experience in business or financial consulting
4+ years of experience in Tableau, Python, Amazon Web Services (AWS), or a combination
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.
McLean, VA: $127,500 - $145,500 for Principal Analyst, Capital Mkts & Risk
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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. 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
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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.