Manager, Capital Markets & Risk- Collateral Management
Corporate Treasury is looking for a highly motivated and detailed-oriented Manager to join its Collateral Management team. This high-impact role is crucial for providing operational support for margin operations across multiple trading and investment portfolios , including Derivatives, Securities, and Repo activities. In this role you will support the pledging of assets to secure funding capacities. The team provides collateral advisory support to Capital Markets initiatives where relevant, and works with broad stakeholder groups such as Derivatives Front Office, Asset and Liability Management, Investment Portfolio Management, Treasury Accounting, Regulatory Reporting and Legal. The team provides key collateral data to both internal and external stakeholders through daily, monthly and quarterly reports.
Responsibilities
- Oversee daily collateral margining processes and effectively partner with broker-dealers: Act as the primary point of contact and subject matter expert for the firm's collateral margining tools and infrastructure. Proactively manage margin calls, disputes, and settlement processes, ensuring timely and accurate execution in accordance with relevant agreements (e.g., ISDA, MSFTA). Cultivate strong, professional relationships with external broker-dealer counterparties to facilitate and resolve discrepancies timely and efficiently, and stay abreast of Swap Dealer operational processes and requirements. This includes ensuring compliance with regulatory margin rules.
- Recommend and implement process changes to improve operational efficiency: Continuously analyze and improve on current collateral management workflows, manual intervention points, and areas prone to error or risk. Design, propose, and spearhead the implementation of strategic and tactical enhancements, leveraging technology and automation tools to streamline operations, reduce processing time, and lower operating costs. Develop and maintain comprehensive procedure documentation for all new and existing processes to ensure consistency and facilitate knowledge transfer.
- Serve as the Capital Markets Ops subject matter expert on industry wide initiatives and legislation and impact to collateral processes Maintain an in-depth understanding of current and pending regulatory changes impacting collateral management and capital markets operations. Proactively assess the operational impact of new regulations on existing processes and infrastructure, developing remediation strategies as necessary.
- Cultivating productive relationships with key internal and external partners: Build and nurture robust working relationships with critical internal stakeholders, including Trading Desks, Legal, Treasury, Risk Management, Finance, and Technology teams. Serve as the operational liaison for collateral-related inquiries and projects, ensuring seamless communication and alignment of goals.
- Support all corporate collateral management programs and reporting: Generate and distribute critical daily, weekly, and monthly collateral management reports, providing insightful analysis on portfolio performance, margin utilization, and operational key performance indicators. Ensure reporting meets all internal governance standards and external regulatory mandates.
- Collaborate with cross functional teams to launch new initiatives: Actively participate in, and often lead, operational workstreams for new product launches, system migrations, or strategic business initiatives related to Capital Markets. Partner closely with Technology and Business teams to define requirements, execute user acceptance testing (UAT), and successfully transition new capabilities into the production environment.
- Anticipate and mitigate risks through proactive process controls and governance frameworks: Establish and monitor robust internal controls and governance frameworks within the collateral management function to identify, assess, and mitigate operational, credit, and liquidity risks. Support control testing and internal audits.
Basic Qualifications
- Bachelor's Degree or Military Experience
- At least 5 years of experience in Capital Markets, or Financial Analysis, or a combination
Preferred Qualifications
- 7+ years of experience in a capital market operations
- 7+ years of experience using SQL, or Python, or a combination
- 7+ years of experience with collateral or margin management, derivatives, mortgage backed securities, or a combination
- Previous experience using Google Suite or Microsoft Office
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: $164,800 - $188,100 for Manager, Capital Markets & 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 (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).