Principal Associate - Compliance Governance Team - Risk Assessments

Compliance Governance, within the Compliance organization, is seeking an experienced Principal Associate who will be responsible for executing risk assessments across various business lines and products. The Principal Associate will be responsible for ensuring various risk assessments are integrated and designed in accordance with the Compliance Risk Assessment Standard.  The role will involve assisting in evaluating ways to integrate multiple multiple risk assessments together, executing risk assessments, and evaluating options for compiling cross-assessment information for a holistic view of compliance risk.  This role will have the opportunity to work with a variety of teams across Capital One. A successful candidate enjoys developing a deep understanding of requirements and conducting risk assessments 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 will include (but may not be limited to):

• Evaluates multiple processes and assists in developing integrated approaches to manage and oversee risk assessments

• Under the leadership of a team leader, executes targeted risk assessments

• Manages assessment schedules to ensure all tasks and reporting are completed within established timeframes

• Analyzes data from multiple sources and systematically documents the work and results

• Establishes and maintains strong relationships with Business Areas and Compliance Advisors

• Assists in communicating results to Accountable Executives and Compliance Officers, as needed

• Has general understanding of applicable laws and regulations impacting Financial Services products and can identify when a information needs to be escalated due to potential compliance and/or legal exposure

• Leverages critical thinking and expertise to anticipate and identify issues

• Ideating new risk assessment scope and execution tools to increase efficiency

Basic Qualifications:

• High School Diploma, GED or equivalent certification

• At least 3 years of experience working in Compliance, Legal, Risk, Complaints or Escalations

Preferred Qualifications:

• Bachelor’s Degree

• 3+ years of financial services consumer compliance monitoring or quality assurance experience

• 2+ years of experience working in financial services

• 2+ years complaint handling experience

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 IIIPlano, TX: $106,700 - $121,700 for Compliance Tester IIIRichmond, VA: $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 theCapital 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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. 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 [email protected]. 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 [email protected]

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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).