Senior Manager, Compliance Advisor - Retail Bank
The Senior Manager, Compliance Advisor - Retail Bank performs a key risk management role (second line of defense), to help ensure corporate initiatives and processes comply with applicable laws and regulations. While working within the Compliance Management Program framework, the Retail Bank Compliance Advisor is responsible for delivering quality results, providing compliance advice to lines of business as a subject matter expert, and executing or participating in corporate processes. The Retail Bank Compliance Advisor will support and advise on the following areas within the Retail Bank: Customer Protection to include Fraud Strategy and Prevention, Fraud Investigations, Claims and Disputes.
The Senior Manager supports the line of business by:
Providing input on business regulatory requirements
Providing guidance on business policies, standards, and procedures
Developing and leading department training, as appropriate
Providing compliance advice and effective challenge on complex projects
Providing guidance on controls over regulatory requirements and line of business monitoring of those controls
Responsibilities:
Identify potential internal and external risks relating to the lines of business initiatives and processes and provide guidance on remediation, escalate and facilitate with subject matter experts, when necessary
Maintain subject matter expertise of applicable laws and regulations including UDAAP, Regulation CC, and Regulation E
Perform and review control assessments executed by peers for accuracy and adherence to test procedures
Evaluate Internal Audit, Regulatory Exam, and self-identified issues and events for compliance impacts
Provide effective challenge and guidance on compliance risks and support lines of business through various interactions and forum engagements
Advise lines of business on application of Compliance requirements, such as: new products, process development, development of controls and monitoring, remediation/corrective action of compliance breakdowns, and change in law or regulation
Assist lines of business in the development and maintenance of the Compliance Program, such as how to monitor, report, and train
Support lines of business through expert advice, influence adjustments to the processes, procedures, and controls
Perform UDAAP validations and reviews
Active involvement with compliance testing and third party compliance
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
Participate in governance activities, including: Compliance Requirements, Compliance Risk Assessments, Business Change Management (LAUNCH), Issue and Event Management, and others
Participate in reporting activities including Monthly Business Reviews, Quarterly Compliance Reviews and other reports used by Senior Leadership
Flexibility to travel to various Capital One locations as necessary
Basic Qualifications:
Bachelor's Degree or military experience
At least 6 years of compliance, risk, legal or audit experience within financial services
Preferred Qualifications:
Master's Degree or Juris Doctor
7+ years of experience in compliance, risk, legal or audit experience within financial services
Experience with models, data science or artificial intelligence
Compliance certification(s) (CRCM (Certified Regulatory Compliance Manager), ACAMS (Certified Anti-Money Laundering Specialists) or CIPP (Certified Information Privacy Professional))
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: $170,800 - $194,900 for Compliance Advisor Sr. Manager
Richmond, VA: $155,300 - $177,200 for Compliance Advisor Sr. Manager
Chicago, IL: $155,300 - $177,200 for Compliance Advisor Sr. Manager
New Orleans, LA: $155,300 - $177,200 for Compliance Advisor Sr. Manager
New York, NY: $186,300 - $212,700 for Compliance Advisor Sr. Manager
Plano, TX: $155,300 - $177,200 for Compliance Advisor Sr. Manager
Wilmington, DE: $155,300 - $177,200 for Compliance Advisor Sr. Manager
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 the Capital One Careers website (https://www.capitalonecareers.com/benefits) . 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 RecruitingAccommodation@capitalone.com . 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 Careers@capitalone.com
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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).
