Jobs › Capital One

Senior Risk Manager

Capital One · Riverwoods, IL · Full time

Posted Sep 1, 2026 · We last checked this listing on Oct 6, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

Tell me about a high-profile risk project you led. How did you keep executives aligned throughout?

What they are checking: Whether they can manage senior stakeholders and deliver on visible, complex risk work.

You lead a team of Risk Specialists. Tell me about how you've developed someone on your team.

What they are checking: Whether they grow their people with real coaching, not just assign work.

Tell me about a time you had to deliver a difficult risk message to a senior leader.

What they are checking: Whether they can be clear and direct with executives while keeping trust.

What would you do

How would you make a second line governance process more nimble without weakening the risk posture?

What they are checking: Whether they can streamline thoughtfully by focusing effort on higher-risk changes.

A business executive says your risk requirements will kill their launch timeline. How do you respond?

What they are checking: Whether they hold the line where it matters while looking for ways to meet the business goal.

How would you roll out a change to the governance process across many lines of business?

What they are checking: Whether they plan for training, communication and feedback so the change is adopted consistently.

About the work

The role sits in the Change Governance Program. What makes change governance work well at a large bank, and what makes it fail?

What they are checking: Whether they understand how to manage risk from new products and changes without creating bureaucracy that people route around.

Walk me through how you'd assess the risk of a proposed change to a core banking process.

What they are checking: Whether they have a structured way to weigh likelihood, impact and controls before approving change.

How do you measure whether a risk management program is actually working?

What they are checking: Whether they use meaningful indicators like issues caught early, not just counts of reviews completed.

What's your view on the role of the second line of defense versus the first line?

What they are checking: Whether they understand that the second line sets standards and challenges while the first line owns its risks.

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The full job description

As published by Capital One.

Senior Risk Manager At Capital One, we dare to dream, disrupt, and deliver a better way. We bring ingenuity, simplicity, and humanity to an industry ripe for change. As a senior leader in Enterprise Risk Management (ERM), you will join a critical second-line-of-defense function responsible for defining the bank’s risk management architecture. This role is at the heart of our Change Governance Program, positioned to take a critical role as we modernize our processes to be more nimble and effective while maintaining a robust risk posture. As a Senior Risk Manager in Capital One’s Enterprise Risk Management (ERM) department you will apply your project management and analytical skills to our highest profile Risk Management projects. You will lead a team of Risk Specialists responsible for working across the enterprise to develop and implement cutting edge Risk solutions to ensure Capital One’s continued stability and success. Senior Risk Managers partner with Executives and their teams to identify potential Risks in an open, collaborative environment where new ideas and solutions are both welcomed and rewarded. Senior Risk Managers at Capital One are highly motivated Risk Management professionals with excellent project management and communication skills. They have a high level of exposure across lines of business and the opportunity to work with Executives to create and implement innovative solutions to identify and mitigate potential risks to the Company. Responsibilities: • Advise and guide users on appropriate usage of our change-based risk assessment program (e.g., LAUNCH), including methodology adherence and best practices and processing administrative actions and user exceptions • Solve our stakeholders most complex problems during critical change governance activities • Monitor Slack channel and host office hours; respond to user needs • Host frequent check-ins with key stakeholders and from each line of business (LOB) to discuss metrics, QA findings, and strategic initiatives • Identify bugs and blockers, partnering with methodology owners on fixes and enhancements • Provide LOB specific metrics and commentary for various ERM reporting needs (e.g., ROCs) • Ensure completion of Post Implementation Reviews for each LOB • Maintain documentation of ERM effective challenge and escalation activities Agentic AI Oversight: • Perform effective challenge by reviewing AI-processed initiatives to ensure appropriate risk classification • Evaluate AI agent inputs and risk logic for accuracy in identifying risks and mitigations • Establish and manage enterprise controls to ensure the AI agent operates strictly within LAUNCH methodology • Monitor AI agent effectiveness using quantitative and qualitative metrics, logging inadequacies as observations, and tracking remediation progress Basic Qualifications: • Bachelor’s Degree or Military experience • At least 3 years of risk management experience • At least 5 years of project management experience Preferred Qualifications: • 4+ years of risk management experience • 6+ years of project management experience leading cross functional projects and programs in risk • PMP Certification or Master’s Certificate of Project Management (CPM) • Ability to set direction, manage expectations and lead cross-functional teams 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: $177,700 - $202,800 for Sr. Risk Manager Richmond, VA: $161,500 - $184,300 for Sr. Risk Manager Riverwoods, IL: $161,500 - $184,300 for Sr. 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. 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).

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