Principal Associate, Compliance

Job Description

Principal Associate, Compliance

The Principal Associate Compliance Advisor - Third Party Compliance will be responsible for working with business partners and stakeholders across Capital One to advise on third-party risk.

The Principal Associate Compliance Advisor will support the Third Party Compliance (TPC) team’s Governance and Advisory functions, delivering quality results in a complex subject matter area. The Advisor will work with the business, third party managers, and the wider third party risk program to create and advise on the management of third-party compliance monitoring controls, perform compliance assessments on third parties, execute TPC quality assurance processes, and support Audit and Exam requests. TPC is a highly collaborative team that delivers value-add risk services to our business partners. A successful Advisor in this role will be a highly-motivated, results-oriented Risk Management professional with excellent analytical, planning, collaboration, and communication skills.

Responsibilities :

The Advisor will have an understanding of third-party compliance risks and controls and leverage their knowledge to :

Advise lines of business, Third-Party Managers, and Contract Managers on compliance risks and controls across the third party lifecycle

Perform pre-contract third party due diligence assessments

Perform quality assurance reviews on TPC program processes

Partner with Enterprise Supplier Management and Third Party Risk Management to mature third party compliance controls, monitoring actions, and risk identification questions

Lead and support Third Party Compliance projects as needed, including Audit and Exam requests, third-party compliance training process improvements, and the development of a third-party compliance toolkit

Identify and implement improvements to existing Third Party Compliance processes

The preferred skill set for this role includes :

Collaboration and project management skills that influence and drive projects and results with cross-functional stakeholders

Experience with the laws and regulations that are applicable to the third-party services and products used by Capital One

Knowledge of or ability to quickly learn how to access third-party data in source systems

An understanding of Capital One’s Lines of Defense structure

Knowledge of testing program structures and methodologies

Demonstrated creative problem solving ability

Experience with inherent risk, control effectiveness, and residual risk methodologies

Basic Qualifications :

High School Diploma, GED, or equivalent certification

At least 3 years of experience in Compliance, Third-Party Management, or Risk Management

Preferred Qualifications :

Bachelor’s Degree

CRCM certification or IAPP certification

1+  year of experience with Salesforce

1+  year of experience with Google Suite

A basic understanding of Governance, Risk, and Compliance software tools

Experience in Controls Development, Controls Management, and Reporting activities

Experience in a third party risk and compliance program at a financial institution

Experience with Process Management or Project Management

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 Advisory Specialist III

Richmond, VA : $106,700 - $121,700 for Compliance Advisory Specialist 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

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).