The Corporate Compliance team is seeking an experienced Principal Associate who will be responsible for executing risk-based compliance transaction testing under the leadership of a team leader, for the purpose of independently validating business line adherence to applicable Laws, Regulations, and Guidance. A successful candidate enjoys developing a deep understanding of requirements and conducting monitoring/testing and drawing conclusions based on critical thinking, judgment and analysis to validate adherence. The role requires the ability to work cross-functionally with both business partners and compliance advisors and the ability to work autonomously. In addition, this role requires great attention to detail and excellent verbal and written communication skills.
The Compliance Tester III performs a key second line of defense role, to help ensure corporate initiatives and departmental processes comply with applicable laws and regulations. The Compliance Tester III will be responsible for executing complex risk-based compliance transaction testing under the leadership of a team leader, for the purpose of independently validating business line adherence to applicable laws and regulations.
The Compliance Tester III will support lines of business by:
Testing adherence to business regulatory requirements
Testing risk based compliance transactions
Control reviews focused on reviewing control activities mitigating risks and requirements
Managing compliance to appropriate testing the document retention guidelines
Responsibilities will include (but may not be limited to):
Execute targeted, complex transaction testing for line of business compliance requirements in alignment with team and ICTT methodology and procedures
Execute control reviews under the CCR methodology
Suggest changes to testing or perform high risk testing as needed
Managing testing schedules to ensure all tasks and reporting are completed within established timeframes
Obtain and analyze test data from multiple sources, following documented test plans, and systematically documenting the work and results
Develop new ways to test large populations of data
Reviewing transaction tests executed by peers for accuracy and adherence to test procedures
Support and initiate efforts to improve data sourcing and partner with business and IT areas to develop improved data sources
Review transaction test executed by peers for accuracy and adherence to test procedures
Systematically retain documents that substantiate test results
Establishing and maintaining strong relationships with Compliance Advisors and Business Areas as needed
Demonstrate ability to explore and quickly grasp new technologies to progress varied initiatives
Assisting in communicating results to Compliance Officers, as needed
Basic Qualifications:
High School Diploma, GED or equivalent certification
At least 3 years of experience in compliance testing, compliance monitoring, quality assurance, control review or audit
Preferred Qualifications:
Bachelor's degree
4+ years of financial services consumer compliance monitoring experience OR 4+ years of consumer compliance auditing experience
Experience creating presentations
Experience with Excel, SQL, Teradata or Redshift
Scripting experience in Python, Perl, JavaScript or Shell
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.
McLean, VA: $117,300 - $133,900 for Compliance Tester IIICandidates 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.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. 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 RecruitingAccommodation@capitalone.com. 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 Careers@capitalone.com
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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).
