Full-Time

Compliance Transaction Tester II – Senior Associate

Posted on 11/9/2024

Capital One

Capital One

10,001+ employees

Offers diverse financial products and services

Fintech
Financial Services

Junior, Mid

No H1B Sponsorship

McLean, VA, USA + 2 more

More locations: Richmond, VA, USA | Wilmington, DE, USA

Category
Legal Consulting
Consulting
Required Skills
Python
SQL
Data Analysis
Requirements
  • High School Diploma, GED or equivalent certification
  • At least 2 years of experience in audit, compliance, risk management, control, or transaction reviews
  • At least 2 years of Microsoft Office or Google Suite experience
  • At least 1 year of experience supporting, partnering and interacting with internal business clients
  • Bachelor’s Degree (Preferred)
  • Proficiency with Excel (Preferred)
  • 3+ years of financial services consumer compliance monitoring experience (Preferred)
  • 2+ years of experience analyzing data from various sources and making recommendations based on data (Preferred)
  • 1+ years scripting experience in (Python, SQL) (Preferred)
  • Certified Regulatory Compliance Manager (CRCM) accreditation (Preferred)
Responsibilities
  • Execute targeted, moderately complex transaction testing for line of business compliance requirements
  • Manage to testing schedules to ensure all tasks and reporting are completed within established timeframes
  • Demonstrate an understanding of testing methodology, business processes, control frameworks, and related regulatory and compliance standards
  • Obtain and analyze data from multiple sources, support and initiate efforts to improve data sourcing, and help drive innovative ways to approach testing
  • Explore and quickly grasp new technologies and analysis tools
  • Assist with determining test design and scope and identifying high risk areas to target
  • Establish and maintain strong relationships with Business Areas and Compliance Advisors
  • Assist in communicating results to Business Areas, Compliance Advisors, and Compliance Officers
  • Maintain strong time management, organizational, and prioritization skills; ability to complete multiple concurrent tasks within close deadlines with a high degree of accuracy and detail
  • Succinctly and clearly communicate complex fact patterns to others
  • Demonstrate strong problem-solving and conceptual skills
  • Demonstrate strong written and verbal communication skills
  • Exercise professional skepticism and judgment

Capital One offers a range of financial services, including credit cards, savings accounts, car loans, and business checking accounts, primarily in the United States. The company focuses on user-friendly banking solutions with no fees or minimums for checking accounts, making it easier for customers to manage their finances. Capital One differentiates itself by emphasizing financial inclusion and literacy, partnering with organizations to provide educational resources. Their goal is to make banking more accessible and straightforward for everyone.

Company Stage

IPO

Total Funding

$15.9M

Headquarters

McLean, Virginia

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Minna Technologies positions Capital One as a leader in subscription management.
  • Collaboration with Worldpay enhances payment security, addressing payment fraud concerns.
  • Recognition by HITEC as 2024 Corporation of the Year boosts brand reputation.

What critics are saying

  • Increased competition in subscription management may dilute Capital One's first-mover advantage.
  • Key executive departures, like Joe Rodriguez, could impact risk management capabilities.
  • Focus on mobile banking may attract regulatory scrutiny over data privacy and security.

What makes Capital One unique

  • Capital One offers user-friendly banking with no fees or minimums for checking accounts.
  • The company emphasizes financial inclusion through community partnerships and philanthropic efforts.
  • Capital One's mobile app provides innovative subscription management tools for credit card users.

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Benefits

Medical, Dental, & Vision coverage

Onsite Health Centers

Prescription saving with network of local pharmacies

Stock Purchase Plan

Education Assistance

401(k)

Flexible Spending Accounts

Life and Disability insurance

Generous paid time off + corporate & floating holidays

Registered dieticians on site, cooking classes and free virtual fitness classes

Employee Assistance Program

INACTIVE