Principal Associate, Compliance Tester

Capital One; Richmond (VA); On-site; USD 107,000 - 134,000; Full time

Job summary

Capital One is seeking a Principal Associate, Compliance Tester in Virginia to lead risk-based testing of transaction compliance. You will design and execute tests, assess adherence to applicable laws, regulations and guidance, and draw clear conclusions to support business risk decisions.

The role requires cross-functional collaboration with partner teams, strong attention to detail, and the ability to communicate complex findings succinctly to Compliance Officers, Legal, and Business Partners.

Qualifications

• High School Diploma or equivalent certification.
• At least 3 years of experience in compliance testing or related fields.
• Experience with SQL and Python for testing.
• Experience interacting with senior management or business partners.
• Proficient in Microsoft Office or Google Suite.

Responsibilities

• Executing targeted, complex testing for line of business compliance requirements.
• Demonstrating an understanding of business processes and control frameworks.
• Managing testing schedules to ensure timely completion and documentation.
• Systematically retaining documents that substantiate test results.
• Reviewing tests for accuracy and adherence to plan and procedures.
• Developing and executing test plans and identifying new high-risk tests.
• Requesting and analyzing data; improving data sourcing with partners.
• Identifying and applying new technologies and innovative concepts.
• Communicating results to Compliance Officers, Legal, and Business Partners.
• Demonstrating strong time management, organization, and prioritization.

Skills

Testing

Compliance

SQL

Python

Excel

Data analysis

Education

Bachelor's degree

High School Diploma

Tools

Robotics Process Automation

OCR

NLP

Job description

Principal Associate, Compliance Tester

The US Card Compliance team is seeking an experienced Principal Associate who will be responsible for leading and executing risk-based compliance transaction testing under the leadership of a team leader, for the purpose of independently assessing business line adherence to applicable laws, regulations, and guidance. A successful candidate enjoys developing a deep understanding of regulatory requirements, designing and conducting testing, and drawing conclusions based on critical thinking, judgment, and analysis to assess compliance. The role requires the ability to work cross-functionally and develop/maintain strong relationships with partner teams and the ability to work autonomously. In addition, this role requires great attention to detail, excellent verbal and written communication skills, and the ability to succinctly and clearly communicate complex fact patterns to others.

Responsibilities will include, but may not be limited to:

• Executing targeted, complex testing for line of business compliance requirements in alignment with team and program methodology


• Demonstrating an understanding of business processes, control frameworks, and related regulatory and compliance standards


• Managing testing schedules to ensure all tasks and reporting are completed within established timeframes and documented within systems of record


• Systematically retaining documents that substantiate test results


• Reviewing tests executed by colleagues for accuracy and adherence to test plan and procedures


• Developing and executing test plans, continually validating and improving existing design while also identifying new opportunities to execute tests in high risk areas


• Requesting and analyzing data; supporting and initiating efforts to improve data sourcing and driving innovation with business partners and IT support teams


• Identifying and contributing to the implementation of new technologies and innovative concepts


• Communicating results to Compliance Officers, Compliance Advisors, Legal, and Business Area Partners


• Demonstrating strong time management, organizational, and prioritization skills; completing multiple concurrent tasks within close deadlines with a high degree of accuracy and detail


• Exhibiting strong problem-solving and conceptual thinking skills

Ideal candidate would have:

• Experience implementing technology testing solutions (Robotics Processing Automation, Optical Character Recognition, Natural Language Processing)


• Working knowledge of basic statistics


• Basic understanding of data schemas or cloud data structure and experience engaging with data analytics teams to help drive innovative testing approaches


• Working knowledge of Excel for Analysts, SQL, and cloud data


• Experience creating test scripts using SQL, Python to test full populations for key attributes

Basic Qualifications:

• High School Diploma, GED or equivalent certification


• At least 3 years of experience in compliance testing, risk management, compliance monitoring, quality assurance, control review or audit


• At least 2 years of Microsoft Office or Google Suite experience


• At least 1 year of experience interacting with senior management or business partners

Preferred Qualifications:

• Bachelor’s degree


• 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


• 1 years scripting experience in Python, SQL


• Certified Regulatory Compliance Manager (CRCM) accreditation

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: $117,300 - $133,900 for Compliance Tester III
Richmond, VA: $106,700 - $121,700 for Compliance Tester III Riverwoods, IL: $106,700 - $121,700 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 . 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.

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).