Manager, Compliance

Capital One; Toronto; Hybrid; CAD 80,000 - 110,000; Full time

Job summary

An innovative financial services firm is seeking a Manager, Compliance, to lead regulatory initiatives and ensure adherence to industry standards. In this dynamic role, you'll collaborate with business stakeholders to navigate complex compliance landscapes and drive customer-focused solutions. Your expertise will help shape compliance programs and foster a culture of accountability and excellence. Join a team that values diversity and inclusion while supporting your professional growth through comprehensive benefits and development opportunities. If you're ready to make a significant impact in a fast-paced environment, this role is perfect for you.

Benefits

Health and Fitness Discounts

Professional Development Programs

Flexible Benefits Program

Full Coverage for Dependents

Qualifications

• 5+ years in compliance or legal roles in financial institutions.
• Experience with Canadian banking legislation and regulations.

Responsibilities

• Advising on regulatory requirements for new products and processes.
• Reviewing and analyzing potential exceptions with business groups.

Skills

Compliance

Risk Management

Regulatory Knowledge

Analytical Skills

Communication Skills

Education

Bachelor's Degree

Postgraduate Degree in Business or Law

Job description

161 Bay Street (93021), Canada, Toronto,Toronto, Ontario,

Manager, Compliance

Our Capital One Compliance Team.

Yes, we’re a credit card company. But we’re more than that too. We’re driven by what our customers want, and how to make their lives simpler. We’re always looking for creative ways to offer digital solutions that make sense for our customers. With your help, we’ll build the next generation of banking in Canada based on customer-focused values, compelling products and great engineering.

Working with us.

Associates working in the hybrid model are expected to come into the downtown Toronto office 3 days a week across Tuesdays to Thursdays. As was true before the pandemic, expectations of being in the office will be balanced with personal life flexibility.

At Capital One, we’re committed to diversity, inclusion and belonging. We strive to build a culture where diverse perspectives are valued, innovative ideas are encouraged and inclusive behaviours are embedded in everything we do to positively impact associates. Strive to build a culture where diverse perspectives are valued, innovative ideas are encouraged and to help challenge the status quo and create the best outcomes for everyone.

We’re focused on helping associates live well—physically, financially and emotionally. When you join us, we support you and those who are most important to you, offering full coverage for spouses, domestic partners, and dependents. We’ve designed our benefits program to be flexible, comprehensive and consistent across our organization. From health and fitness center discounts, to training and professional development programs—and much more—you’ll discover that Capital One is committed to helping you live your best life.

A day in the life of a Capital One Manager, Compliance.

As a Manager, Compliance, you will be responsible for providing regulatory advice and effectively collaborating with business stakeholders to ensure our business strategies, plans and initiatives are executed and delivered in compliance with governing regulations, internal policies and procedures. The incumbent should be comfortable working in a fast-paced and highly regulated environment. Key areas of responsibility include the development, implementation and management of compliance programs and processes.

Responsibilities:

• Advising business unit stakeholders on the application of regulatory requirements for new products, business initiatives and processes

• Providing effective review and challenge to processes and results; driving customer-focused solutions

• Advising on new and amended regulations, emerging issues, voluntary codes of conduct and public commitments to business unit stakeholders

• Reviewing and analyzing potential exceptions with business groups and advise on remediation/corrective actions

• Identify potential control weaknesses and make recommendations to strengthen the control environment

• Understand expectations from external entities such as auditors and regulators, and partner with business on ensuring compliance

• Preparing reports and working with senior management to respond to inquiries and examinations involving regulators and auditors

• Develop and maintain comprehensive documentation to support knowledge management and audit requirements

Basic Qualifications:

• Bachelors’ Degree

• At least 5 years of experience working experience in compliance, risk management, or a legal role within a financial institution

• At least 5 years of experience working with Canadian banking legislation, laws, industry standards, and regulations as they apply to the financial services sector

• Proven record of innovation and process improvements; and

• Ability to work in a fast-paced work environment with an ability to influence others.

Preferred Qualifications:

• Postgraduate degree in Business, Compliance / Risk, Law or other related fields

• Good understanding of Bank Act and other consumer protection laws and regulations

• Experience working with regulators (FCAC and OSFI)

• Strong written and verbal business communication skills

• Possess sound judgment and excellent analytical skills

• Bilingual (English and French)

• Ability to adopt a risk-based approach in making recommendations to implement practical policies and procedures

• Ability to work independently with minimal direction and in a team environment

• Willingness to continuously upgrade skills and keep informed of compliance and regulatory changes and policy updates through ongoing completion of education programs, and attending internal and external seminars and training sessions

We may use your information for automated decision making. We may, for certain purposes, render a decision based exclusively on automated processing of your personal information as a part of the candidate screening process.

Capital One Canada is an equal opportunity employer committed to fostering a diverse and inclusive work environment. We consider all qualified applicants and will meet the needs of those requiring reasonable accommodations.

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 [e-mail]. 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 [e-mail]

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).