Principal Analyst, Capital Markets & Risk

McLean 1 (19050), United States of America, McLean, Virginia

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.

Principal Analyst, Capital Markets & Risk

Capital One is seeking a motivated professional to join the Model Development & Engineering team as a Principal Associate/Analyst. This team is part of the Balance Sheet Analytics & Modeling (BSAM) group and owns the Net Interest Income & Sensitivity, Valuation, and Funds Transfer Pricing modeling/forecasting capabilities in the company's risk management platform, Quantitative Risk Management (QRM). We are looking for someone who can closely collaborate with peers to understand various financial modeling use cases and processes, and design and release innovative solutions in a controlled manner.

Principal Analyst, Capital Markets

  • Innovate
    • Remain on the leading edge of analytical technology with a passion for the newest and most innovative tools.
    • Leverage the latest open source technologies and tools to develop/maintain financial models by identifying areas of opportunity in our existing framework.
    • Develop cloud-compatible automation and process improvements solutions for core processes across the team.
    • Integrate new technologies and analysis into decision-making frameworks.
  • Problem Solve
    • Design, test and implement changes in various models and systems - including our primary interest rate risk management platform, Quantitative Risk Management (QRM) - based on external business requirements and internal modeling needs.
    • Collaborate with the quantitative modeling team on new modeling developments.
    • Prepare presentations of complex economic concepts and research results to non-specialist audience and senior management.
  • Support
    • Support the development of a well-controlled framework to manage QRM modeling for interest rate risk management and financial forecasting.
    • Facilitating QRM version upgrades, and partnering with the quantitative modeling team on new modeling developments.
    • Collaborate with various QRM user groups and develop a good understanding of business needs, strategy and products.
    • Partner closely with the IT team to develop automated solutions for QRM processes.
    • Maintain the efficiency and accuracy of our models through continuous improvement and application of best practices.
    • Develop and maintain high quality and transparent documentation.

Basic Qualifications:
  • Bachelor's Degree or military experience.
  • At least 4 years of experience in Finance or Engineering or Mathematics.
  • At least 4 years of experience in building financial models.
  • At least 2 years of experience in querying or analyzing data.

Preferred Qualifications:
  • Education
    • Master's degree or foreign equivalent in Economics, Operations Research, Engineering, Technology, Mathematics or a related quantitative field.
    • CFA or CFA candidate.
  • Technology Experience
    • Experience working BI reporting tools (i.e. Tableau and Birst).
    • Experience delivering Data Governance and Data Quality Management concepts and practices within the financial services industry.
    • Experience working with Agile development methodologies.
    • 2 years of experience with scripting experience such as Python and R and familiarity with libraries such as pandas and numpy.
  • Finance Experience
    • 3-5 years of experience in asset/liability management (ALM) and/or financial planning and analysis (FP&A).
    • 2 years of experience in statistical modeling and regression analytics.
    • Strong grasp of Interest Rate Risk and Transfer Pricing financial theory and methodologies.
    • Experience with QRM or other ALM software.
    • Quantitative modeling and programming experience.
  • Additional Key Qualifications
    • Strong analytical, problem solving, and quantitative skills.
    • Exhibits drive to continuously improve all aspects of their work in a collaborative fashion.
    • Strong communication skills with the ability to quickly understand existing models and new requirements/business needs.

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

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