Managing Director, Interest Rate Derivatives
New York, NY 
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Posted 9 days ago
Job Description
NYC 299 Park Avenue (22957), United States of America, New York, New York

Managing Director, Interest Rate Derivatives

At Capital One, we are a Top 10 U.S. Bank, with the strength and stability to meet the needs of any business. Our Commercial Banking group services a $95 billion loan portfolio and more than 6,100 clients. Our Commercial Bank is growing at a dynamic pace and offers a broad array of products and services, including but not limited to: Financing (Commercial Lending, Loan Syndications), Capital Markets (Interest Rate Derivatives, Commodity Derivatives, Foreign Exchange, Structured Products, DCM/ECM, Institutional Sales & Trading, Equity Research, and Mergers & Acquisitions), Treasury Management, and Wealth & Asset Management. Our services and specialties run the gamut - from Commercial Real Estate to Financial Institutions Group (FIG) to Healthcare to Energy and TMT.

Overview:

Our Capital Markets team is looking for a Managing Director, Interest Rate Derivatives. This individual will be a key player within the Interest Rate Derivative Product group and be responsible for structuring and executing a broad range of Interest Rate Derivative Risk Management strategies for Capital One's corporate clients. In addition, this role maintains direct contact with a personal portfolio of customers and provides Risk Management services for these customers.

Responsibilities:

  • Deliver product and structuring expertise of customer hedging requirements, offering tailored solutions/strategies to meet specific/unique client needs.

  • Develop strong partnership with the IRD trading desk to ensure "real-time" communication and seamless execution at competitive pricing.

  • Maintain direct contact with a personal portfolio of customers. Structure and implement risk management strategies for these customers.

  • Build and maintain strong partnerships with senior management and LOB heads to leverage cross-sell opportunities.

  • Regularly participate in calls with Relationship Managers to analyze client funding and risk management opportunities.

  • Partner with key stakeholders to ensure the business operates in compliance with second line governance, internal audit requirements and regulatory exams.

  • Manage a portfolio of risk management products that meet the needs of its corporate customers. Lead effort to expand product capabilities when necessary.

  • Accountable for monitoring policies, procedures and systems to ensure that applicable regulations are met and internal controls are in place.

  • Assist in the development and implementation of risk management training programs for Capital One Relationship Managers and other persons critical to the Bank's mission.

  • Establish strategic partnerships with other financial institutions in order to provide the full range of products and services required by Capital One customers.

  • Keep abreast of industry trends and issues by reviewing industry periodicals and information, attending industry seminars, and meeting with industry leaders.

  • Exercise the usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, and terminations.

Basic Qualifications:

  • Bachelor's degree or military experience

  • At least 12 years of experience marketing Interest Rate Derivatives

Preferred Qualifications:

  • Masters degree in business, finance, economics, or accounting

  • 13 or more years of experience marketing Interest Rate Derivatives to corporate clients

  • CPA, CFA, or MBA

  • Strong knowledge of Swap Dealer rules and regulations

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.

New York City (Hybrid On-Site): $315,000 - $400,000 for Managing Director, Derivatives

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.

#CapMkts

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. 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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. 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 . 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

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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Capital One is an equal opportunity employer committed to diversity in the workplace. Capital One promotes a drug-free workplace.

All qualified applicants will receive consideration for employment without regard to gender, race, color, religion, national origin, sexual orientation, protected veteran status, or disability status.

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; Newark, New Jersey Ordinance 12-1630; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.


 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full or Part Time
Required Education
Bachelor's Degree
Required Experience
12+ years
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