Payment Network Compliance - Senior Manager

Capital One Group; Greater London; Hybrid; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Pension scheme

Bonus

Private medical insurance

Cycle to work scheme

Enhanced parental leave

Job summary

Capital One Group is seeking a Payment Network Compliance Senior Manager to lead risk management for its network and merchant businesses. You will provide expert compliance advice, develop process understandings, and ensure regulatory alignment with the company’s risk framework.

Hybrid work model with London/Nottingham offices. The role demands strong leadership, collaboration with Legal, Audit and Risk teams, and the ability to influence senior stakeholders while staying ahead of evolving

Qualifications

• Bachelor's Degree or relevant experience.
• Significant experience in legal, compliance, or risk management OR relevant regulatory experience in consumer financial services or payments industry.
• An advanced degree, including Doctorate or Master’s degree is desirable.

Responsibilities

• Provide advice and effective challenge on compliance risks impacting the network and merchant businesses.
• Develop expert understanding of network and merchant business processes.
• Analyse business processes and determine applicability of laws and regulations based on Capital One’s global legal inventory.
• Proactively identify trends in business data and external risks in payments compliance.
• Maintain subject matter expertise in the broader payments industry and applicable laws, rules and regulations.
• Collaborate with first and second line functions to analyse the risk management framework and educate senior leaders.
• Ensure compliance in expansions and new products and with new downstream entities.
• Develop strong relationships with Business Risk, Legal, and Audit to support integration.

Skills

Stakeholder management

Regulatory knowledge

Three lines of defence

Risk management

Communication skills

Leadership

Education

Bachelor's degree

Master’s degree desirable

Regulatory/risk certification helpful

Job description

245 Hammersmith (95989), United Kingdom, London, Payment Network Compliance - Senior Manager

About this role The Payment Network Compliance Senior Manager will perform a key risk management role in the second line of defence for Capital One’s network and merchant businesses to help implement the framework for the network compliance program. The Network Compliance Senior Manager is a critical member of the team responsible for delivering effective challenge and compliance advice for business processes worldwide, as well as serving as a subject matter expert to ensure the development of the network compliance program at Capital One aligns with the company’s broader enterprise risk management framework. Senior Managers in Network Compliance at Capital One are highly motivated Risk Management professionals with excellent organizational, leadership and communication skills. They have a high level of exposure to business leaders and the opportunity to work with executives to create and implement innovative solutions to identify and mitigate potential risks to the company.

What you'll do:

• Utilizing subject matter expertise, provide advice and effective challenge on the compliance risks impacting the network and merchant businesses through both formal and informal engagements
• Develop expert-level understanding of network and merchant business processes
• Analyse business processes and determine applicability of laws and regulations based on Capital One’s global legal inventory
• Proactively identify trends in business data and demonstrate appreciation of network payments compliance risks, including emerging external risks
• Maintain subject matter expertise in the broader payments industry and applicable laws, rules and regulations
• Collaborate with first and second line functions to analyse the existing risk management program framework and applicability to the network and merchant services business; educate and influence risk management colleagues and senior leaders with respect to nuanced or specialized considerations, as necessary
• Ensure ongoing application of compliance requirements to business expansions and new products, including as the network and merchant businesses engage with new downstream entities, evaluate new opportunities for card acceptance, or develop new products
• Develop strong relationships with Business Risk, Legal, and Audit peers to support the ongoing network compliance integration

What we’re looking for:

• Strong organizational skills, clear results orientation, and focus on achieving both short and long term goals
• Successful track record of thriving in both a highly regulated industry and a fast paced, entrepreneurial, and dynamic environment
• Collaborative, solution-oriented mindset with solid teamwork skills; ability to build and leverage the capabilities of a high-performing team
• Highly developed interpersonal, presentation, and communications skills (written and oral) coupled with strategic influencing skills and the ability to drive agreement through intellect, interpersonal, and negotiation skills
• Ability to balance operating independently with appropriate escalation and interaction with senior leadership
• Ability to thrive as a team player and interact with associates across functions, departments, and job levels, both inside and outside the Compliance Department; Understanding of key regulatory requirements and three lines of defence risk management framework
• Experience within financial services is preferred, and experience within a Payment Network / Cards / Lending business is highly desirable

What we’re looking for – Education and Experience

• Bachelor's Degree or relevant experience
• A compliance specific skillset/knowledge
• Significant experience in legal, compliance, or risk management OR relevant regulatory experience in consumer financial services or payments industry
• An advanced degree, including Doctorate or Master’s degree is desirable

We are committed to creating a level playing field and seek to create teams that are representative of our customers and the communities we serve. We’d love to hear from you if you identify with a typically under-represented group in our industry and are particularly keen to hear from women, the LGBTQ+ community and ethnic minority candidates.

Where and how you’ll work

This is a permanent position and can be based in either our Nottingham or London offices. Our hybrid working model offers you the flexibility to work from our offices and from home, when you need to. We’re big on collaboration and connection, and so generally encourage our associates to use our offices on Tuesdays, Wednesdays and Thursdays. The number of days you spend in the office will usually be led by the type of work you’re doing, and the hybrid working patterns of the people you partner most closely with. Many of our associates have flexible working arrangements, and we’re open to talking about an arrangement that works for you.

What’s in it for you

Bring us all this - and you’ll be well rewarded with a role contributing to the roadmap of an organisation committed to transformation. We offer high performers strong and diverse career progression, investing heavily in developing great people through our Capital One University training programmes (and appropriate external providers). Immediate access to our core benefits including pension scheme, bonus, generous holiday entitlement and private medical insurance – with flexible benefits available including season-ticket loans, cycle to work scheme and enhanced parental leave. Open-plan workspaces and accessible facilities designed to inspire and support you. Our Nottingham head-office has a fully-serviced gym, subsidised restaurant, mindfulness and music rooms. In London, you can heighten your mood with a run on our rooftop running track or an espresso at the Workshop Coffee café.

What you should know about how we recruit

We pride ourselves on hiring the best people, not the same people. Building diverse and inclusive teams is the right thing to do and the smart thing to do. We want to work with top talent: whoever you are, whatever you look like, wherever you come from. We know it’s about what you do, not just what you say. That’s why we make our recruitment process fair and accessible. And we offer benefits that attract people at all ages and stages. We also partner with organisations including the Women in Finance and Race At Work Charters, Stonewall and upReach to find people from every walk of life and help them thrive with us.

• REACH – Race Equality and Culture Heritage group focuses on representation, retention and engagement for associates from minority ethnic groups and allies
• OutFront – to provide LGBTQ+ support for all associates
• Mind Your Mind – signposting support and promoting positive mental wellbeing for all
• Women in Tech – promoting an inclusive environment in tech
• EmpowHER - network of female associates and allies focusing on developing future leaders, particularly for female talent in our industry

Capital One is committed to diversity in the workplace.

If you require a reasonable adjustment, please contact [e-mail]. All information will be kept confidential and will only be used for the purpose of applying a reasonable adjustment. For technical support or questions about Capital One's recruiting process, please send an email to [e-mail].

At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking.

We measure our efforts by the success our customers enjoy and the advocacy they exhibit.