Principal Associate, Compliance Tester

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

The 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 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 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 RecruitingAccommodation@capitalone.com. 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 Careers@capitalone.com

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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).