Position Description
The successful candidate will be responsible for:
· Leads business forecasting effort for Recoveries (~$1.4Billion Revenue per year); Responsibilities include:
o Own business side of the forecasting process
o Accountable for modeling expected liquidation performance for the Recoveries department
o Understand and forecast expected macro-economic impacts on expected performance
o Reinvent current methodology to get improved visibility into impact of mix issues
o Business Lead point of contact to Credit Risk Management Loss Forecasting team and Finance
o Directly engage recoveries senior management team (VP & MVP level) on a quarterly basis to finalize forecast
o Monitor and analyze the variance of actual vs. forecast on a monthly basis and present findings and suggestions to the broader team
o Lead and manage a team of up to 2 analysts
· Leads analytical work stream for inventory management
o Leads customer flow/inventory management metrics design and reporting
o Takes thought leadership in developing new ways to create value through flow management
o Owns the innovation and improvement of volume estimation and inventory reporting
o Leads COAF consolidation into Card recoveries process
Basic Qualifications:
• Bachelors Degree in a quantitative field (e.g. business, math, economics, finance, statistics, science, and engineering)
• 2 Years experience in Analysis
• 1 Year experience in Financial services
Preferred Qualifications:
• Masters Degree in Quantitative field such as Finance, Economics, Physical Sciences, Mathematics, Statistics, Engineering
• PMP, CFA, CPA, BPM, LEAN, Six Sigma
• 5 Years experience in Analysis
• 2 Years experience in Financial services
Capital One will not file non-immigrant visa petitions for alien workers.
As a recipient of TARP funding subject to the ARRA, Capital One will not sponsor new H-1B petitions or transfer existing H1B visas for new hires to Capital One.
No agencies please. Capital One is an equal opportunity employer committed to diversity in the workplace. We promote a drug-free work environment. We emphasize recruiting, hiring, and retaining the most qualified candidates and providing them with the opportunity to meet their potential. We provide an environment where differences lead to solutions.
Other desired skills:
Business Analysis Forecasting, Richmond, Virginia