Compliance Advisor Principal Associate

MASE Compliance - Compliance Advisor Principal Associate

Data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing every credit card offer using statistical modeling and the relational database, cutting edge technology in 1988! Fast-forward a few years, and this little innovation and our passion for data has skyrocketed us to a Fortune 200 company and a leader in the world of data-driven decision-making.

In Capital One’s Compliance and Ethics Organization, we support the business in managing regulatory compliance risk through advice and effective challenge. Model, Adverse Action, and Script Enhancement (MASE) Compliance is focused on assessing compliance risk in models and scripts and advising the business on how to manage the identified risk.

Responsibilities:

• Assessing the regulatory alignment of the logic in specific computer code (script) reviews (in partnership with code experts) for the Code Design Intent Review (CoDIR) process. CoDIR is designed to evaluate the regulatory requirements the script is intended to effectuate and whether the script, as designed, meets that regulatory intent and to report the results of the assessment to the script owner. 

• Collaborate with script owners, business risk offices and compliance partners across the enterprise to ensure regulatory risk stemming from scripts is appropriately managed

• Engage with the Tech and Data Risk Management team to ensure regulatory risks are appropriately addressed within the Script Governance Standard and platform

• Provide effective challenge and guidance on compliance risks related to the use of scripts and support lines of business through various interactions and forum engagements

• Advise lines of business on application of Compliance requirements to the activities executed through the use of computer code/scripts

• Assist, when necessary, in the assessment of regulatory risk associated with the use of models through the Model Compliance Inherent Risk Assessment (MoCIRA) 

• Identify trends in data and advise on identified emerging risks

• Maintain subject matter expertise of applicable laws and regulations

• Engage and respond to inquiries from Internal Audit and Regulatory Examiners covering the scope of regulatory risk stemming from the use of scripts

• Conduct targeted validations and reviews on scripts that implement controls over applicable regulations

• Maintain expert understanding of Compliance Risk Management Framework and applicable laws and regulations

• Assist in capturing, maintaining, and analyzing compliance data, interpreting it to ensure consistency and adequate Compliance Risk Management

The ideal candidate will possess:

• Strong organizational skills, clear results orientation, and focus on achieving both short and long term goals;

• Ability to navigate “gray space” or ambiguous situations to drive and execute an agenda in a fluid environment while managing competing priorities;

• Collaborative, solution-oriented mindset with solid teamwork skills; ability to build and leverage the capabilities of a high-performing team;

• Highly developed interpersonal, presentation, and communications skills (written and oral) coupled with strategic influencing skills and the ability to drive agreement through intellect, interpersonal, and negotiation skills;

• Ability to effectively challenge the first line of defense in a manner that is respectful and geared towards strengthening business initiatives;

• Successful track record of thriving in both a highly regulated industry and a fast paced, entrepreneurial, and dynamic environment;

• Ability to balance operating independently with appropriate escalation and interaction with senior leadership;

• Ability to thrive as a team player and interact with associates across functions, departments, and job levels, both inside and outside the Compliance Department; 

• Understanding of key regulatory and audit requirements and three lines of defense risk management framework; 

• Self starter with proven ability to develop new processes and procedures with little direction; and

• Strong knowledge of the use of computer code and script to drive business processes.

Basic Qualifications:

• Bachelor’s Degree

• At least 2 years of experience in compliance, legal, or audit

• At least 2 years of experience supporting, partnering, and interacting with internal business clients

Preferred Qualifications:

• Master’s Degree or Law Degree

• 4+ years of experience in compliance, legal, or audit

• Certified Anti-Money Laundering Specialist, Certified Information Privacy Professional, Series 7, Series 24, Series 63 or Series 65 certification

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.

Chicago, IL: $109,900 - $125,400 for Compliance Advisory Specialist IIIMcLean, VA: $120,800 - $137,900 for Compliance Advisory Specialist IIIPlano, TX: $109,900 - $125,400 for Compliance Advisory Specialist IIIRichmond, VA: $109,900 - $125,400 for Compliance Advisory Specialist IIIRiverwoods, IL: $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, 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 (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 [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).