Compliance Tester III

About the role

The Corporate Compliance Testing team is seeking an experienced Principal Associate who will be responsible for executing risk-based compliance transaction testing under the leadership of a team Manager, for the purpose of independently validating business line adherence to applicable Laws, Regulations, and Guidance. A successful candidate enjoys developing a deep understanding of requirements and conducting monitoring/testing and drawing conclusions based on critical thinking, judgment and analysis to validate adherence. The role requires the ability to work cross-functionally with both business partners and compliance advisors and the ability to work autonomously. In addition, this role requires great attention to detail and excellent verbal and written communication skills.

Responsibilities

• Execute targeted, complex transaction testing for regulatory and line of business compliance requirements in alignment with team and ICTT methodology and procedures
• Execute control reviews under the CCR methodology
• Suggest changes to testing or perform high risk testing as needed
• Manage testing schedules to ensure all tasks and reporting are completed within established timeframes
• Obtain and analyze test data from multiple sources, following documented test plans, and systematically documenting the work and results
• Develop new ways to test large populations of data
• Review transaction tests executed by peers for accuracy and adherence to test procedures
• Support and initiate efforts to improve data sourcing and partner with business and IT areas to develop improved data sources
• Systematically retain documents that substantiate test results
• Establish and maintain strong relationships with Compliance Advisors and Business Areas as needed
• Demonstrate ability to explore and quickly grasp new technologies to progress varied initiatives
• Aid in communicating results to Compliance Officers and other stakeholders, as needed

Requirements

• High School Diploma, GED or equivalent certification
• At least 3 years of experience in compliance testing, compliance monitoring, quality assurance, control review or audit

Qualifications

• Bachelor's degree
• 4+ years of experience in financial services consumer compliance testing, monitoring, or auditing
• Experience creating presentations
• Experience with Excel, SQL, Teradata or Redshift
• Scripting experience in Python, Perl, JavaScript or Shell

Benefits

The 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.

Pay

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.

Schedule

This role is expected to accept applications for a minimum of 5 business days.

Equal Opportunity Employer

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.

Contact Information

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com