Senior Associate, Compliance Transaction Tester

Capital One • Richmond, VA

1d

About The Position

Senior Associate, Compliance Transaction Tester 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
• Basic Qualifications : High School Diploma, GED or equivalent certification
• Preferred Qualifications : 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

Benefits

• Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED