Principal Associate - Risk and Compliance

VELOCITY MOBILE LTD.; Farnborough; Hybrid; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Funding for external qualifications up

Pension plan and performance-based奖金

Private medical insurance

Enhanced parental leave

25 days annual leave + 5 days option

Job summary

Capital One UK is seeking a risk and compliance professional to join the International Settlement team in Farnborough. The role focuses on oversight of risk and control activities, policy compliance, and business risk assessment across multiple functions.

You will support policy design, risk reporting, and remediation efforts while engaging with Legal, Compliance, and Business Risk teams in a hybrid setup based in Farnborough.

Qualifications

• Develop and implement job aids and tools to facilitate policy and standard requirements.
• Maintain an accurate library of risks and controls.
• Perform control design reviews and risk assessments; monitor control environment and implement improvements.
• Provide education to employees on policy requirements and control ownership and testing.

Responsibilities

• Ensure effective identification and implementation of controls to manage operational, financial and compliance risks.
• Oversee timely completion of control design reviews and compliance risk assessments.
• Create and distribute monthly risk reporting and complaints data; lead remediation projects.
• Collaborate with stakeholders across Payment Network, Compliance, Internal Audit, and Operations.

Skills

Google Suite

AI tools

Communication skills

Education

Certification in Control Self Assessment

Certified Internal Auditor

Certified Public Accountant (CPA)

Certified Regulatory Compliance Manager

Tools

Gemini

GEMS

Job description

This role will have a wide range of responsibilities as part of a team managing settlement balancing, reconciliations and system configuration for partners. This position will also be part of the team liaison to the enterprise‑wide Legal, Compliance and Business Risk functions. This person will help to develop business‑unit specific approaches and ensure accurate and timely implementation across all risk management disciplines and all areas in the International Settlement organization. This individual will support the business compliance and operational risk/control activities within Settlement which may include risk assessment, controls, procedure documentation, process design, control workflow/systems, reporting, testing, remediation and third‑party management. This individual will evaluate current operations across International Settlement, to identify areas for enhancements and work with business partners to implement these processes. Actively manages and escalates risk and customer‑impacting issues within the day‑to‑day role to management.

What you'll do

• Develop and implement job aids and tools to facilitate efficient completion of policy and standard requirements.
• Maintain an accurate library of risks and controls.
• Perform control design reviews and compliance risk assessments. Monitor the risk and control environment for weaknesses and identify solutions to improve the effectiveness and efficiency of controls. Executes control testing plans.
• Provide education to DCI SS employees on requirements of company policies and standards related to risk and control ownership, the development and execution of new products and services and control testing.
• Ensure effective identification and implementation of controls to manage operational, financial and compliance risks.
• Act as subject matter expert on efficient processes to maintain an accurate library of Settlement's risks and controls.
• Oversee timely completion of control design reviews and compliance risk assessments.
• Monitor the risk and control environment for weaknesses and identify solutions to improve the effectiveness and efficiency of controls.
• Creates and distributes monthly risk reporting and complaints data. Leads customer complaint remediation projects. Cross functional knowledge of the Payment Network Industry focusing on Financial Services, Compliance, Internal Audit, Risk or Operations.
• Google Suite knowledge and expertise, particularly in AI (Gemini and GEMS).
• Effective written and verbal communication skills with all levels of employees and management; including managing expectations, communicating issues, risks and opportunities.
• Certification in Control Self Assessment, Certified Internal Auditor, Certified PublicAccountant (CPA) or Certified Regulatory Compliance Manager.

Our Mission

We're on a mission to be a force for good in lending. Throughout our almost 30-year history, we've consistently been recognised as a great place to work; in 2026, Capital One was officially ranked 9th in the UK's Best Workplaces list. Hear from our team about what it's like working at Capital One UK., 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. We are succeeding because they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

This is a permanent position based in our Farnborough office. We embrace a hybrid approach to work. You'll spend two days a week in the office.

What's in it for you

We invest in the growth of our people alongside our business. You will have extensive opportunities to learn and develop your career, including access to up to £5,000 in funding for external qualifications. In addition to career development, our comprehensive benefits package is designed to grow with you, ensuring your wellbeing is prioritised at every stage of your career:

• Wealth & Future: Competitive pension and performance-based bonus schemes
• Holidays:Start with 25 days of annual leave, increasing with tenure. Need more? You have the option to buy 5 additional days.
• Health:Access premium care through our private medical insurance.
• Family Support:We champion your milestones with enhanced parental leave.

A full list of our benefits is availablehere.

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. We value diversity, inclusion and belonging at our core. We empower our associates to do great work by creating an inclusive culture-one which values diverse perspectives, fosters collaboration and encourages innovative ideas-and a place where associates of all backgrounds can thrive by bringing their most authentic selves to work. We call this our Culture of Belonging, and it rests at the heart of our business. Our associate‑led Business Resource Groups were created to help support our diverse population and include over 10 groups across our offices. Because each Business Resource Group is as unique as the population it serves, they offer a range of activities, networking opportunities, special events and learning programmes to associates.

Capital One is committed to diversity in the workplace.