Full-Time

Compliance Tester III

Posted on 10/30/2024

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
Risk & Compliance
Legal & Compliance
Requirements
  • Bachelor's degree or Military Experience
  • At least 2 years experience in Compliance Testing, Risk Management, Compliance Monitoring, Quality Assurance, Audit, International/Global Trade, Privacy, or Enterprise Services
  • 3+ years of experience in Compliance Testing, Risk Management, Compliance Monitoring, Quality Assurance, Audit, International/Global Trade, Privacy, or Enterprise Services (Preferred)
  • Strong working knowledge of international laws and regulations as they relate to US companies operating in different countries, with an emphasis on international privacy laws and regulations (Preferred)
  • Strong problem-solving and conceptual thinking skills (Preferred)
  • Strong communication skills (Preferred)
  • Compliance related certifications (Certified Regulatory Compliance Manager (CRCM), Certified Information Privacy Professional (CIPP) (Preferred)
  • Working knowledge of Excel and Google Applications (Docs, Sheets, Slides, etc) (Preferred)
Responsibilities
  • Guided by team leadership, executing targeted, complex testing for line of business compliance requirements to effectively challenge business controls in accordance with team, program and enterprise methodologies.
  • Drives innovation and suggests changes to testing
  • Managing testing schedules to ensure all tasks and reporting are completed within established timeframes.
  • Obtaining and analyzing test data from multiple sources, following documented test plans conduct end to end testing, and systematically documenting the work and results.
  • Supporting and initiating efforts to improve data sourcing and partnering with business and IT areas to develop improved data sources
  • Demonstrating the ability to explore and quickly grasp new technologies to progress varied initiatives.
  • Ensure engagement with proper points of contact throughout the testing process.
  • Reviewing tests executed by peers for accuracy and adherence to test procedures.
  • Establishing and maintaining strong relationships with Compliance Advisors, the Risk Offices, and Business Areas
  • Owns and leads conversations with the business, advisory, and Business Risk Office with little support
  • Drafts final results reports and assists in communicating results to Compliance Officers

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.

Help us improve and share your feedback! Did you find this helpful?

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