Senior Director, Network Compliance

Capital One • McLean, VA

3d • $212,800 - $291,300

About The Position

The Network Compliance Senior Director will perform a key risk management role in the second line of defense for Capital One’s network and merchant businesses to help establish and implement the framework for the network compliance program. The Network Compliance Senior Director is a critical member of the team responsible for delivering effective challenge and compliance advice for business processes worldwide, as well as serving as a subject matter expert to ensure the development of the network compliance program at Capital One aligns with the company’s broader enterprise risk management framework. Senior Directors in Network Compliance at Capital One are highly motivated Risk Management professionals with excellent organizational, leadership and communication skills. They have a high level of exposure to business leaders and the opportunity to work with executives to create and implement innovative solutions to identify and mitigate potential risks to the company.

Requirements

• Bachelor's Degree or military experience
• At least 10 years of legal, compliance, or risk management experience OR at least 9 years of regulatory experience in consumer financial services or payments industry

Nice To Haves

• Advanced degree, including Juris Doctorate or Master’s degree

Responsibilities

• Collaborate with first and second line functions to analyze the existing risk management program framework and applicability to the network and merchant services business; educate and influence risk management colleagues and senior leaders with respect to nuanced or specialized considerations, as necessary
• Utilizing subject matter expertise, provide advice and effective challenge on the compliance risks impacting the network and merchant businesses through both formal and informal engagements
• Advising business leaders on regulatory requirements
• Providing guidance on business policies, standards, and procedures
• Develop expert-level understanding of network and merchant business processes worldwide
• Proactively identify trends in business data and demonstrate appreciation of network payments compliance risks, including emerging external risks
• Maintain subject matter expertise in the broader payments industry and applicable global laws and regulations
• Ensure ongoing application of compliance requirements to business expansions and new products, including as the network and merchant businesses engage with new downstream entities, evaluate new opportunities for card acceptance, or develop new products
• Develop strong relationships with Business Risk, Legal, and Audit peers to support the ongoing network compliance integration
• Display a passion for coaching and developing others through their leadership style and presence, whether as direct reports or extended team members
• Support regulatory exam and engagement preparation and delivery
• Manage, develop, and coach a Compliance Advisory Team in support of their job responsibilities and to further their careers
• Participate in reporting activities to senior leadership in the business and Risk Management

Benefits

• 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 .
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees