Compliance Tester II

Capital One; Plano (TX); Hybrid; USD 88,000 - 100,000; Full time

Job summary

Capital One is seeking a Senior Associate Compliance Tester to act as a second line of defense, executing complex risk-based compliance reviews and independently validating business line adherence to laws and regulations. You will partner with diverse Compliance professionals to monitor lines of business against Capital One's risk framework.

You will test adherence to regulatory requirements, review controls and data, and manage testing documentation while collaborating across teams.

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.
• 3+ years of financial services consumer compliance monitoring, auditing, risk management, or compliance experience.

Responsibilities

• Demonstrate understanding of business processes, control frameworks, 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.
• Assist with the execution of assessment plans by validating and improving existing design and identifying opportunities 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 written/verbal communication skills for non-technical stakeholders.
• Exercise professional skepticism and judgment.

Skills

Data analysis

Regulatory testing

Risk management

Auditing

Communication

Team collaboration

Education

High School Diploma or GED

Bachelor's Degree

Tools

Google G-Suite

Reveal

SQL

Python

Robotics Process Automation

Optical Character Recognition

Natural Language Processing

Job description

Capital One is a diversified bank that offers a broad array of financial products and services to consumers, small business and commercial clients. Ranked #91 on the Fortune 500, Capital One is one of the nation's top 10 banks and has one of the most widely recognized brands in America. We nurture a work environment where people with a variety of thoughts, ideas and backgrounds, guided by our shared Values, come together to make Capital One a great company and a great place to work.

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, the regulatory risks that business faces, and internal control processes. 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 controls, data, and automation for adherence to regulatory requirements;
• Managing compliance to appropriate testing document retention guidelines

Responsibilities

• Demonstrate an understanding of business processes, control frameworks, 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.

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: $96,500 - $110,100 for Compliance Tester II

Plano, TX: $87,700 - $100,100 for Compliance Tester II

Richmond, VA: $87,700 - $100,100 for Compliance Tester II

Candidates 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. 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.

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]