Compliance Tester II

Capital One; Chicago (IL); On-site; USD 88,000 - 100,000; Full time

Job summary

Capital One is seeking a Compliance Tester II to perform second line of defense risk-based compliance reviews and independently validate business line adherence to laws and regulations. The role involves testing data and automation for regulatory compliance, and collaborating with Compliance professionals to monitor risk within Capital One's framework.

You will support lines of business by testing regulatory adherence, retention guidelines, and contributing to testing document processes, with

Qualifications

• High School Diploma, GED or equivalent certification.
• At least 2 years of experience in audit, compliance, risk management, control or transaction reviews.
• Bachelor's Degree preferred.

Responsibilities

• Demonstrate understanding of business processes and regulatory standards.
• Obtain and analyze data, support improvements with business partners.
• Manage schedules to ensure timely completion and documentation in systems of record.
• Assist with assessment plans by validating and improving designs in high risk areas.
• Establish and maintain relationships with Compliance Advisors and Business Areas.
• Support Compliance audit and exams as needed.
• Demonstrate strong problem-solving and communication skills with non-technical stakeholders.
• Exercise professional skepticism and judgement.

Skills

Regulatory compliance

Risk assessment

Data analysis

Communication skills

Problem solving

Education

Bachelor's degree

Tools

Google G-Suite

Reveal

SQL

Python

Job description

Compliance Tester II The Senior Associate Compliance Tester performs a key second line of defense role to help ensure corporate initiatives and departmental processes comply with applicable laws and regulations. The Senior Associate will be responsible for executing complex risk-based compliance reviews for the purpose of independently validating business line adherence to applicable laws and regulations. As a Compliance Senior Associate, you will execute compliance reviews based on the line of business and the regulatory risks that business faces. You will collaborate with an experienced and diverse group of Compliance professionals to provide independent monitoring for the lines of business against Capital One's risk management framework. The Senior Associate Compliance Tester will support lines of business by: Testing adherence to business regulatory requirements; Testing data and automation for adherence to regulatory requirements; Managing compliance to appropriate testing document retention guidelines

Responsibilities

• Demonstrate an understanding of business processes and related regulatory and compliance standards
• Obtain and analyze data, supporting efforts to improve internal program elements and testing innovation with business partners
• Manage schedules to ensure all results are completed within established timeframes and documented within systems of record
• May assist with the execution of assessment plans by continually validating and improving existing design while also identifying new opportunities to execute reviews in high risk areas
• Establish and maintain strong relationships with Compliance Advisors and Business Areas
• Support Compliance audit and exams as needed
• Demonstrate strong problem-solving and conceptual skills
• Demonstrate strong written and verbal communication skills, especially when relaying technical information and data to non-technical stakeholders
• Exercise professional skepticism and judgement

Basic Qualifications

• High School Diploma, GED or equivalent certification
• At least 2 years of experience in audit, compliance, risk management, control or transaction reviews

Preferred Qualifications

• Bachelor's Degree
• Proficiency with Google G-Suite and Reveal
• 3+ years of financial services consumer compliance monitoring, auditing, risk management, or compliance experience
• 2+ years of experience analyzing data from various sources and making recommendations based on data
• Working knowledge of technology testing solutions (Robotics Processing Automation, Optical Character Recognition, Natural Language Processing)
• Basic understanding of data schemas or data structure and experience engaging with data analytics teams to help drive innovative testing approaches
• Basic knowledge of data and software scripts using SQL and Python to perform effective challenge on the design and operations of the scripts

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

Compensation

• Chicago, IL: $87,700 - $100,100 for Compliance Tester II
• Jericho, NY: $105,300 - $120,100 for Compliance Tester II
• McLean, VA: $96,500 - $110,100 for Compliance Tester II
• New York, NY: $105,300 - $120,100 for Compliance Tester II
• Plano, TX: $87,700 - $100,100 for Compliance Tester II
• Richmond, VA: $87,700 - $100,100 for Compliance Tester II
• Riverwoods, IL: $87,700 - $100,100 for Compliance Tester II
• Wilmington, DE: $87,700 - $100,100 for Compliance Tester II

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 the Capital 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 (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws.

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 [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).

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.