Senior Network Compliance Strategist

Capital One; Plano (TX); On-site; USD 162,000 - 184,000; Full time

Job summary

Capital One seeks a Network Compliance Senior Manager to lead risk management for the network and merchant businesses, advising on compliance and aligning with the enterprise risk framework. This role supports development of the network compliance program across global processes and acts as a subject matter expert for Capital One's network compliance initiatives.

The ideal candidate will collaborate with Legal, Audit and risk peers, monitor regulatory developments in payments, and drive ongoing

Qualifications

• Bachelor's Degree or military experience.
• At least 3 years of experience developing, evaluating or implementing technology or risk assessment activities.
• At least 8 years of legal, compliance, or risk management experience OR at least 7 years of regulatory experience in consumer financial services or payments industry.
• Advanced degree, including Juris Doctorate or Master’s degree.
• 9+ years of legal, compliance, or risk management experience OR 8+ years of regulatory experience in consumer financial services or payments industry.

Responsibilities

• Utilizing subject matter expertise, provide advice and effective challenge on the compliance risks impacting the network and merchant businesses through both formal and informal engagements
• Develop expert-level understanding of network and merchant business processes
• Analyze business processes and determine applicability of laws and regulations based on Capital One’s global legal inventory
• Proactively identify trends in business data and demonstrate appreciation of network payments compliance risks, including emerging external risks
• Maintain subject matter expertise in the broader payments industry and applicable laws, rules and regulations
• Collaborate with first and second line functions to analyze the existing risk management program framework and applicability to the network and merchant services business; educate and influence risk management colleagues and senior leaders with respect to nuanced or specialized considerations, as necessary
• Ensure ongoing application of compliance requirements to business expansions and new products, including as the network and merchant businesses engage with new downstream entities, evaluate new opportunities for card acceptance, or develop new products
• Develop strong relationships with Business Risk, Legal, and Audit peers to support the ongoing network compliance integration

Education

Bachelor's Degree or military experience

Advanced degree (Juris Doctorate or Master’s)

Job description

Capital One seeks a Network Compliance Senior Manager to lead risk management for the network and merchant businesses, advising on compliance and aligning with the enterprise risk framework. This role supports development of the network compliance program across global processes and acts as a subject matter expert for Capital One's network compliance initiatives.

The ideal candidate will collaborate with Legal, Audit and risk peers, monitor regulatory developments in payments, and drive ongoing