Principal Associate Compliance Advisor - Third Party Compliance

About the role

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

Preferred skills

• 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

Pay

McLean, VA: $120,800 - $137,900 for Compliance Advisory Specialist III

Richmond, VA: $109,900 - $125,400 for Compliance Advisory Specialist III

Candidates hired to work in other locations will be subject to the pay range associated with that location. This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI).

Benefits

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.

Schedule

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