VP, Enterprise Risk Management

About Us

Capital Bank N.A. is headquartered in Maryland and has been serving our communities since 1999. We stand as a publicly traded company (NASDAQ: CBNK) with over $3 billion in assets. We offer commercial and consumer banking services to clients primarily in Maryland, DC, and Northern Virginia, alongside two nation-wide lending brands; Capital Bank Home Loans and OpenSky, a credit card division that offers and services credit cards across all states. Our personalized approach to banking, paired with cutting-edge technology solutions and a comprehensive suite of products and services, fuels our growth, and enables us to support our customers at every stage in their financial journey.

Come join a bank where our employees thrive and are engaged in meaningful work. For the last 5 out of 6 years, Capital Bank was named one of the "Best Banks to Work For" in the U.S. by American Banker.

Position Purpose

Capital Bank is seeking an experienced Enterprise Risk professional for our Lead Infrastructure Engineer. The VP of Enterprise Risk Management serves as a key leader within the Bank's Second Line of Defense, supporting the design, execution, and ongoing enhancement of the Enterprise Risk Management Program. This role is responsible for leading critical aspects of the development and maintenance of the company's riskbased frameworks, partnering closely with business units across the organization to document, assess, and report on the company's risk and control environment. This position will provide strategic leadership in building, strengthening, and maturing core components of the enterprise risk and operational risk management programs. The role is also accountable for fostering and promoting a strong risk culture and supporting the Risk Management organization in embedding this culture throughout the company. This position requires extensive collaboration across the organization to ensure effective communication, alignment, and engagement with business stakeholders.

Position Responsibilities

Enterprise Risk Management:

• Lead the development, enhancement, and execution of components of the Enterprise Risk Management framework and programs.
• Oversee enterprisewide risk assessments, ensuring emerging, strategic, and operational risks are appropriately identified and evaluated.
• Support the ERM governance structure, including risk committees and reporting processes.
• Maintain the company's risk appetite statements and monitor alignment between risk-taking activities and organizational objectives.
• Coordination of efforts to install a GRC solution

Operational Risk Management:

• Provide leadership and direction for operational risk oversight programs, including process risk and control self-assessments, issue management, and loss event monitoring.
• Second Line oversight of issue identification processes (including risk events, control test failures, selfidentified issues, and riskassessmentdriven issues), ensuring the clarity and adequacy of remediation plans and monitoring progress through full remediation.
• Drive comprehensive documentation of the company's risk and controls register
• Strengthen and mature operational risk tools, processes, and reporting.

Risk Reporting & Analytics:

• Produce regular and ad-hoc risk reports for executive management, the Board, and regulatory stakeholders.
• Leverage data, analytics, and dashboards to enhance risk insight and decision-making.

Collaboration & Advisory Support:

• Partner with first-line business leaders to evaluate risks and design effective mitigation strategies.
• Serve as a trusted advisor on risk matters during strategic planning, new initiatives, and change management.
• Promote strong communication and coordination between Risk Management, Compliance, Audit, and business units.

Additional:

• Champion a culture of risk awareness and accountability across the organization.
• Develop and deliver training, communication, and engagement activities reinforcing ERM principles and responsibilities.
• Experience with Model Risk Management, SOX, and/or Physical Security program requirements a plus
• Stay apprised of regulatory expectations, industry best practices, and evolving risk trends.
• Support regulatory exams and internal/external audits related to ERM and operational risk.
• Understand and Adhere to all Corporate Policies to include but not limited to the Code of Conduct.

Education and Experience Required:

• 8+ years in Enterprise Risk Management and/or Operational Risk Management within the Financial Services industry, either as an employee or third-party external risk manager or any combination thereof
• Proven leadership experience managing risk programs or teams.
• Office of the Comptroller of the Currency regulated financial institution experience preferred but not required and experience with the Federal Reserve and their Risk Management program expectation a bonus
• Bachelor's degree in accounting, finance, business administration, or related field required
• Master's degree in Accounting, Business Administration, or related field a bonus
• Active industry relevant certifications a bonus
• Mastery subject matter expertise in COSO, NIST, and FFIEC risk management frameworks desired
• Experience in partnering with first and second line of defense teams on executing an enterprise risk assessment program

Technical Knowledge and Skills

• OCC and FRB expectations and requirements
• FFIEC and SEC regulations
• COSO, CoBIT, FFIEC, NIST, ITIL, and ISO frameworks
• Applicable banking laws, rules, and regulations
• Applicable mortgage banking laws, rules, and regulations
• Applicable credit card laws, rules, and regulations
• Master proficiency in Excel including the creation of pivot tables and risk metrics
• Proficiency in all other Microsoft Office suite of applications
• Excellent oral and written communication skills

Other

Ability to travel within a defined market area.

Compensation

• Base Salary Range: $120,000 - $155,000 annually (Rockville, MD salary range). Final determination of where you are at in the salary range is based on numerous factors such as geographical location, relevant experience, skill set, education, and ability to meet qualifications within the job description.
• We are hiring in: MD, DC, VA, PA, DE, NC, SC, FL, IN, IL. Candidates in other locations will receive the pay range tied to their specific area.
• Additional Compensation: This role will include a yearly annual target bonus based on individual performance.

Working Arrangements

• This is a hybrid position out of our Rockville, MD headquarters location. Open to remote candidates based on prior experience.

Why Join Us?

• Join a growing company with a culture that fosters an entrepreneurial spirit
• Comprehensive benefits package including Medical, Dental, Vision, Company Paid Life Insurance, Disability Insurance, and more?
• Company Contributions to your 401k - Regardless of your contribution
• Employee Perks: Paid Parental Leave, Employee Recognition Program, Leadership Program, Tuition Reimbursement Program, Employee Bank Checking Account, and much more!
• Generous Paid Time Off and Paid Holidays - Including Paid Charity Hours to support volunteer opportunities

Supporting Businesses. Helping People. Strengthening Communities.
Capital Bank, N.A. is an affirmative action and equal opportunity employer.