Compliance Tester III

Capital One; Deerfield (IL); On-site; USD 109,000 - 151,000; Full time

Job summary

Capital One is seeking a Principal Associate Compliance Tester to perform second line of defense risk-based compliance reviews and independently validate adherence to laws and regulations. You will execute reviews across lines of business, collaborating with Compliance professionals to monitor risk within Capital One's framework.

The role emphasizes testing regulatory requirements, data processes, and document retention, with opportunities to contribute to assessment plans and testing innovation

Qualifications

• High School Diploma, GED or equivalent certification.
• At least 3 years of experience in audit, compliance, risk management, control or transaction reviews.
• Bachelor's Degree.
• Proficiency with Google G-Suite and Reveal.
• 4+ years of financial services consumer compliance monitoring, auditing, risk management, or compliance experience.
• 3+ years analyzing data from various sources and making recommendations based on data.
• Working knowledge of robotics process automation, OCR, and NLP.
• 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 for testing script designs.

Responsibilities

• Demonstrate an understanding of business processes, control frameworks, and regulatory standards.
• Obtain and analyze data to support program improvements and testing innovation with business partners.
• Manage schedules to ensure timely results and documentation in systems of record.
• Assist with assessment plans by validating and improving designs and identifying new reviews in high risk areas.
• Establish and maintain strong relationships with Compliance Advisors and Business Areas.
• Support Compliance audits and exams as needed.
• Demonstrate strong problem-solving and conceptual skills.
• Demonstrate strong written and verbal communication to non-technical stakeholders.
• Exercise professional skepticism and judgment.

Skills

Regulatory compliance

Data analysis

Auditing

Risk management

Communication

Automation testing

Education

Bachelor's Degree

High School Diploma or GED

Tools

Google G-Suite

Reveal

Job description

The Principal 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 Principal 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 Principal 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 Principal 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, 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 3 years of experience in audit, compliance, risk management, control or transaction reviews

Preferred Qualifications

• Bachelor's Degree


• Proficiency with Google G-Suite and Reveal


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


• 3+ 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.

Jericho, NY: $131,800 - $150,500 for Compliance Tester III

Chicago, IL: $109,900 - $125,400 for Compliance Tester III

McLean, VA: $120,800 - $137,900 for Compliance Tester III

New York, NY: $131,800 - $150,500 for Compliance Tester III

Plano, TX: $109,900 - $125,400 for Compliance Tester III

Richmond, VA: $109,900 - $125,400 for Compliance Tester III

Riverwoods, IL: $109,900 - $125,400 for Compliance Tester III

Wilmington, DE: $109,900 - $125,400 for Compliance Tester III

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. 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.

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).