MASE Compliance - Compliance Advisor Principal Associate

Capital One • Richmond, VA

7d

About The Position

Capital One’s Compliance and Ethics Organization supports the business in managing regulatory compliance risk through advice and effective challenge. Model, Adverse Action, and Script Enhancement (MASE) Compliance assesses compliance risk in models and scripts and advises the business on managing identified risks. The Compliance Advisor will assess whether the logic in computer-code scripts aligns with regulatory requirements, working with code experts through the Code Design Intent Review (CoDIR) process. CoDIR evaluates the regulatory requirements a script is intended to implement and whether its design meets that intent, with findings reported to the script owner.

The role partners with script owners, business risk offices, compliance teams, and Tech and Data Risk Management to address script-related regulatory risks. It provides guidance and effective challenge to business lines, supports script governance, conducts targeted validations and reviews, and helps maintain compliance expertise and data analysis. The position may also assist with assessments of regulatory risk associated with models.

Requirements

• Bachelor’s degree.
• At least 2 years of experience in compliance, legal, or audit.
• At least 2 years of experience supporting, partnering with, and interacting with internal business clients.
• Strong organizational skills, results orientation, and focus on short- and long-term goals.
• Ability to navigate ambiguous situations, execute an agenda in a fluid environment, and manage competing priorities.
• Collaborative, solution-oriented mindset and strong teamwork skills.
• Highly developed interpersonal, presentation, written, and oral communication skills, along with strategic influencing and negotiation skills.
• Ability to respectfully challenge the first line of defense to strengthen business initiatives.
• Ability to thrive in a highly regulated, fast-paced, entrepreneurial, and dynamic environment.
• Ability to work independently while escalating appropriately and interacting with senior leadership.
• Ability to work with associates across functions, departments, and job levels, both inside and outside Compliance.
• Understanding of key regulatory and audit requirements and the three lines of defense risk management framework.
• Self-starter with the ability to develop processes and procedures with little direction.
• Strong knowledge of the use of computer code and scripts to drive business processes.

Nice To Haves

• Master’s degree or law degree.
• 4 or more 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.

Responsibilities

• Assess the regulatory alignment of logic in computer-code scripts, in partnership with code experts, through the Code Design Intent Review (CoDIR) process.
• Report CoDIR assessment results to script owners.
• Collaborate with script owners, business risk offices, and enterprise compliance partners to ensure regulatory risk from scripts is appropriately managed.
• Engage with the Tech and Data Risk Management team to address regulatory risks in the Script Governance Standard and platform.
• Provide effective challenge and guidance on compliance risks related to scripts and support lines of business through interactions and forum engagements.
• Advise lines of business on applying compliance requirements to activities conducted through computer code and scripts.
• Assist, when necessary, in assessing model-related regulatory risk through the Model Compliance Inherent Risk Assessment (MoCIRA).
• Identify trends in data and advise on emerging risks.
• Maintain subject matter expertise in applicable laws and regulations.
• Respond to inquiries from Internal Audit and regulatory examiners regarding regulatory risk from scripts.
• Conduct targeted validations and reviews of scripts that implement controls over applicable regulations.
• Maintain an expert understanding of the Compliance Risk Management Framework and applicable laws and regulations.
• Assist in capturing, maintaining, and analyzing compliance data and interpreting it to support consistent and adequate compliance risk management.

Benefits

• Comprehensive, competitive, and inclusive health, financial, and other benefits supporting total well-being.
• Eligibility for performance-based incentive compensation, which may include cash bonuses and/or long-term incentives.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior