Senior Associate - Global Payment Network Controls Testing Specialist

Capital One National Association; Richmond (VA); On-site; USD 88,000 - 100,000; Full time

Job summary

Capital One is seeking a Senior Associate for the Global Payment Network Controls Testing Team. The role focuses on assessing requirements, controls, and corrective actions, and designing test plans with clear findings for leadership.

We value organizational skills, the ability to multi-task, and effective written and verbal communication with business partners. Prior audit or controls testing experience is preferred, with a drive to close gaps and strengthen compliance.

Qualifications

• Bachelor's degree required.
• At least 1 year of experience in audit or controls testing or related review activities.
• Experience communicating test findings to stakeholders and evaluating risk-mitigating activities.

Responsibilities

• Perform assessment analysis of requirements, risks and controls to existing processes.
• Develop and execute testing and reporting procedures.
• Communicate complex processes and alignment to risks and policy/regulatory requirements.
• Establish and maintain client relations during testing engagements.
• Create and deliver clear verbal and written communications between business partners.
• Assist in planning and execution of GPN control assessments.
• Manage testing schedules within established timeframes.
• Obtain and analyze test data from multiple sources following testing protocols.
• Retain documents substantiating test results and submit results in the system of record.
• Assist in communicating results to business areas and Credit Risk Management leadership.

Skills

Audit controls testing

Risk management

Communication

Testing procedures

Education

Bachelor's degree

Job description

Senior Associate - Global Payment Network Controls Testing Specialist

The Global Payment Network (GPN) Control Testing Team is seeking an experienced, highly motivated Controls Assessment and Testing specialist. The ideal candidate will have good organizational and communication skills and a proven background in evaluation of requirements compared to existing process and control coverage as well as the ability to identify gaps and solutions for gap closure.

This role involves understanding of requirements, controls, and corrective actions review and evaluation. In addition, the ideal candidate will be able to design and implement test plans and steps for testing controls and compose clear and concise grounding for findings. This will be a challenging role in a dynamic and fast-paced environment requiring ability to multi-task and prioritize assignments appropriately.

Responsibilities Include:

• Perform assessment analysis of requirements, risks and controls to existing processes
• Ability to develop and execute testing and reporting procedures
• Ability to understand and communicate complex processes and alignment to risks and/or policy/regulatory requirements
• Establish and maintain good client relations during testing engagements
• Ability to create and deliver compelling verbal and written communications between business partners
• Assist in the planning and execution of GPN control assessments
• Manage to testing schedules to ensure all tasks and reporting are completed within established timeframes
• Obtain and analyze test data from multiple sources, following testing protocols and leveraging job aids as needed
• Systematically retain documents that substantiates test results
• Submit test results in the system of record
• Assist in communicating results to business areas and Credit Risk Management leadership as needed

Basic Qualifications:

• Bachelor's degree
• At least 1 year of experience in audit or controls testing or related review activities

Preferred Qualifications:

• Bachelor's degree in Business, Finance, Accounting, Computer Science
• Experience communicating test findings to internal or external stakeholders
• Experience identifying, evaluating, and assessing risk-mitigating activities
• At least 1 year of experience in Risk Management

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

Chicago, IL: $87,700 - $100,100 for Sr. Risk Associate

McLean, VA: $96,500 - $110,100 for Sr. Risk Associate

New York, NY: $105,300 - $120,100 for Sr. Risk Associate

Richmond, VA: $87,700 - $100,100 for Sr. Risk Associate

Riverwoods, IL: $87,700 - $100,100 for Sr. Risk Associate

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.

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.