Senior Manager, CRA Risk Management

Welcome to Capital One! We are a financial services company on a mission to change banking for good. We value diversity, collaboration, and innovation, and we're looking for a Senior Manager of CRA Risk Management to join our team. In this role, you will be responsible for leading our Community Reinvestment Act (CRA) risk management team and ensuring compliance with regulatory requirements. To excel in this position, you must have a strong understanding of CRA regulations and experience in risk management. You must also be a strategic and analytical thinker, with strong leadership and communication skills. If you are passionate about making a positive impact in the community and driving compliance and risk management excellence, we want to hear from you!

1. Develop and implement strategies and processes to ensure compliance with Community Reinvestment Act (CRA) regulations.
2. Lead and manage the CRA risk management team, providing guidance, support, and mentorship to team members.
3. Stay up-to-date on changes in CRA regulations and communicate any updates or changes to the team.
4. Collaborate with various departments, including legal, compliance, and business units, to ensure CRA compliance is integrated into all business processes.
5. Conduct regular risk assessments to identify potential areas of non-compliance and develop action plans to mitigate risks.
6. Monitor and evaluate the effectiveness of CRA compliance controls and processes, making necessary adjustments as needed.
7. Prepare and present reports to senior management and regulatory agencies regarding CRA risk management and compliance activities.
8. Communicate and collaborate with external auditors and examiners during CRA audits and exams.
9. Provide training and education to employees on CRA regulations and compliance requirements.
10. Represent the company in CRA-related meetings and conferences, building and maintaining relationships with community organizations and stakeholders.
11. Serve as a subject matter expert on CRA regulations and risk management, providing guidance and support to other departments as needed.
12. Continuously identify and implement process improvements to enhance CRA compliance and risk management practices.
13. Foster a culture of diversity, collaboration, and innovation within the CRA risk management team and across the organization.
14. Act as a positive role model and leader, inspiring and motivating team members to achieve excellence in CRA compliance and risk management.

According to JobzMall, the average salary range for a Senior Manager, CRA Risk Management in McLean, VA, USA is $149,000 - $202,000 per year. This range can vary depending on factors such as the size and type of company, level of experience, and specific job responsibilities. Additionally, bonuses and other forms of compensation may also be included in the overall salary package.

Capital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia. Capital One is ranked 11th on the list of largest banks in the United States by assets.