Senior Manager, Compliance
About The Position
The Senior Manager, Compliance performs a key risk management role in the second line of defense, providing primary compliance support to the ‘New to Credit’ credit card business segment. We are looking for a dynamic, strategic thought partner to implement the compliance strategy for this significant growth opportunity. While working within the Compliance Management Program framework, the Senior Manager is responsible for delivering quality results, providing compliance advice to lines of business as a subject matter expert, and ensuring that corporate initiatives and processes comply with applicable laws and regulations. The Compliance Advisor Senior Manager supports the line of business by: Serving as a strategic partner and providing proactive advisory during the product development lifecycle; Partnering with business leaders to ensure compliance risk is integrated into business strategy and growth initiatives; Providing proactive guidance on controls for new-to-credit products; and Providing guidance on business policies, standards, and procedures to support compliant scaling.
Requirements
- Bachelor’s Degree, or military experience
- At least 5 years of experience in Compliance, Risk Management, Audit or Legal
Nice To Haves
- Master’s Degree
- 7+ years of experience in Compliance, Risk Management, Audit or Legal
- CRCM certification, or ACAMS certification, or CIPP certification
- Strong knowledge of Card Operations, Servicing, Systems and Platforms
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
- 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
- Conduct targeted validations and reviews on controls over applicable regulations
- Perform UDAP 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 reporting and governance activities, such as: LAUNCH and other reports used by Senior Leadership
- Flexibility to travel to various Capital One locations as necessary
Benefits
- performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI)
- comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being
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What This Job Offers
Job Type
Full-time
Career Level
Senior
