Capital One

Financial Services

BusinessDirector,EconomicForecasting

$210–239k McLean, Virginia, United States FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Director candidates.

The Brief

“Business Director, Economic Forecasting at Capital One. Skills: Economic forecasting, Stress testing, Team management. Produce quarterly economic forecasts. Share quarterly economic forecasts”

Industry & Context.

Financial Services
Problems you'll solve

Strategic orientation; Analytical skills; Problem solving

What They're Looking For.

Must Have

Bachelor's Degree, 4+ years quantitative analysis, 4+ years qualitative analysis, 2+ years people management, 2+ years project management

Nice to Have

Master's Degree, 2+ years financial services, 1+ year consulting

What You'll Do.

Produce quarterly economic forecasts

Share quarterly economic forecasts

Design economic scenarios for stress testing

Transform Economic Forecasting infrastructure

Develop new analytical capabilities

Guide teams on best practices

Manage and develop a team

Coach and mentor analysts

Manage timely delivery of forecasts

Manage flawless execution of scenarios

Oversee multiple projects

Develop and implement economic data product

Work closely with colleagues

How You'll Work.

Team & Collaboration

Cross-functional team; Business Analysts; Data Analysts; Tech Engineers; Project Managers; Loss Forecast; Finance

Communication Scope

Executive communication; Oral communication; Written communication; Strategic influencing

Process & Methodology

Project management

Full Job Description

Business Director, Economic Forecasting As a Business Director at Capital One, you will apply your strategic and analytical skills to major company challenges. You’ll team with world-class professionals to develop and test strategies that ultimately impact the bottom line. And you will do it all in a collaborative environment that values your insight, encourages you to take on new responsibility, promotes continuous learning, and rewards innovation. As the head of the Economic Forecast team you will be responsible for producing quarterly economic forecasts used for business planning, loss forecasting and credit allowance. You will share your quarterly economic forecasts to senior management of Capital One. You will be responsible for designing economic scenarios for stress testing, including annual CCAR exams. You will collaborate with a cross-functional team of Business Analysts, Data Analysts, Tech Engineers and Project Managers to transform the Economic Forecasting infrastructure and to develop new analytical capabilities. You will guide teams across the company on best practices for using macroeconomic variables in models. You will be the owner of models and analytical tools used for economic forecasting and scenario design, working closely with vendors supporting these models and tools, such as S&P/IHS and Moody’s. General Responsibilities: * _Leadership_ : Manage and develop a team of analysts, coaching and mentoring them with a goal of developing and retaining talent at Capital One * _Execution_ : Manage timely delivery and flawless execution of quarterly economic forecasts and scenarios for stress testing. Oversee multiple projects and programs concurrently * _Product_ : Develop and implement economic data product * _Partnership_ : Work closely with colleagues across Capital One including: Tech, Data Analysts, Project Managers, Loss Forecast, Finance and others Competencies: * Strategic, analytic orientation: A proven track record of decision making and prob

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