Senior Associate, Compliance Transaction Tester

Capital One•Richmond, VA

38d

About The Position

The US Card Compliance team is seeking an experienced Senior Associate who will be responsible for executing risk-based compliance transaction testing under the leadership of a team leader, for the purpose of independently validating business line adherence to applicable Laws, Regulations, and Guidance. A successful candidate enjoys developing a deep understanding of compliance requirements, conducting testing, and drawing conclusions based on critical thinking, judgment and analysis. The role requires the ability to work cross-functionally with business partners and compliance advisors and the ability to work autonomously. In addition, this role requires great attention to detail and excellent verbal and written communication skills.

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

Nice To Haves

Experience working with credit card rewards programs - understanding of reward structures, compliance requirements and industry best practices for card-based incentives
Experience implementing technology testing solutions (Robotics Processing Automation, Optical Character Recognition, Natural Language Processing)
Working knowledge of basic statistics
Basic understanding of data schemas or cloud data structure and experience engaging with data analytics teams to help drive innovative testing approaches
Working knowledge of Excel for Analysts, SQL, and cloud data
Experience creating test scripts using SQL, Python to test full populations for key attributes
Bachelor's Degree
3+ years of financial services consumer compliance monitoring, auditing, risk management or compliance experience
2+ years of experience analyzing data from various sources and making recommendations based on data
1+ years Scripting experience in Python or SQL
Certified Regulatory Compliance Manager (CRCM) accreditation

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