Job Title: Product Manager – Lead
Employment Type: Contract.
Location: McLean, Virginia
Engagement Details
Role Summary
This position supports Capital One’s trading and risk platforms, focused on:
- Managing market, liquidity, and capital risk
- Supporting regulatory reporting
- Driving automation and reporting improvements
- Enabling future platform growth and scalability
The role sits at the intersection of:
- Product management
- Risk management
- Technology modernization
Key Responsibilities
Product Ownership & Strategy
- Define and own the product roadmap in partnership with tech leads
- Identify gaps, propose solutions, and drive continuous improvements
- Focus on forward-looking platform capabilities for trading desks
Execution & Delivery
- Manage product backlogs and sprint cycles
- Collaborate closely with engineering and business stakeholders
- Act as the primary point of contact (POC) for:
- Requests
- Escalations across business teams
Risk & Compliance Focus
- Ensure solutions support auditable risk mitigation practices
- Oversee regulatory reporting improvements
- Identify next steps and enhancements in risk workflows
Technical & Transformation Context
- Current environment:
- Monolithic C# codebase
- Recent migration from Windows to Linux
- Key initiative:
- Break down monolith into modular components
- Improve system scalability and maintainability
Team & Stakeholders
- Core team located in McLean (daily interaction with tech team)
- Stakeholders:
- Liquidity, market, and capital risk teams
- Second-line governance teams overseeing trading desks
Required Experience
Minimum Qualifications
- 8–10 years of experience (8 years minimum, no exceptions)
- Strong background in:
- Product management
- Risk (market/liquidity/capital)
Top Skills (Must-Have)
Product Management Expertise
- Roadmap ownership, backlog management, delivery execution
Technical Collaboration
- Experience working closely with engineering teams
- Familiarity with tools:
- Jira
- Confluence
- PowerPoint / Word
Risk Management Orientation
- Designing auditable risk mitigation solutions
- Experience with regulatory reporting environments
Interview Process
Key Selling Points
- Exposure to Capital One’s trading platforms
- Opportunity to shape future-state risk and reporting systems
- High-impact role driving automation and modernization
- Strong collaboration across business, risk, and engineering
Job Description
In Risk Management Product, we are on a mission to transform risk management with technology.
The PFE (Potential Future Exposure) platform computes forward-looking credit exposure across interest rate, FX, and commodity asset classes for Capital One''s trading desks - as part of managing Market, Liquidity, and Credit Risk. The team’s primary focus is delivering high quality daily and intraday regulatory reports while in parallel improving the platform - closing capability gaps, improving reporting and automation, and setting the business up for its next phase of growth.
As a Product Lead on the PFE team, you''ll be responsible for:
- Collaborating closely with business and engineering stakeholders to surface requirements and align on expectations
- Partnering with the tech lead to define and own the product roadmap, translating engineering input and stakeholder pain points into a prioritized plan
- Breaking down opportunity areas — upstream data quality, model risk testing, reporting UX, and code modernization — into epics, user stories, and acceptance criteria
- Driving day-to-day backlog prioritization and sprint ceremonies alongside the engineering team
- Identifying and closing gaps in automation, compliance readiness, and platform standardization as the migration completes
- Serving as the primary point of contact for requests and escalations, managing communication and expectation-setting across business
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