Senior Manager, Compliance Advisor - Business Cards & Payments - Commercial Card

Senior Manager, Compliance Advisor - Business Cards & Payments - Commercial Card

The Senior Manager, Compliance Advisor performs a key risk management role (second line of defense), to help ensure corporate initiatives and lines of business processes comply with applicable laws and regulations. While working within the Compliance Management Program framework, the Compliance Advisor Senior Manager is responsible for delivering quality results, providing compliance advice to lines of business as a subject matter expert, and executing or participating in corporate processes.

The Senior Manager, Compliance Advisor supports the line of business by:

• Providing input on business regulatory requirements

• Providing compliance advice on complex projects

• Providing guidance on controls over regulatory requirements and line of business monitoring of those controls

• Performing targeted tests on lines of business controls and provide guidance on identified risks

• Providing guidance on business policies, standards, and procedures

• Developing and leading department training, as appropriate

 

Responsibilities:

•  Provide effective challenge and guidance on compliance risks and support risky lines of business through various interactions and forum engagements

• Maintain subject matter expertise of applicable laws and regulations

• 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 risky 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 Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) validations and reviews

• Active involvement with compliance testing and third party compliance

• Identify trends in data and proactively advise on identified external and internal risks

• Perform and review control assessments executed by peers for accuracy and adherence to test procedures

• Review Complaints generated from lines of business and provide guidance on remediation, escalate and facilitate with subject matter experts, when necessary

• Evaluate Internal Audit, Regulatory Exam, and self-identified issues and events for compliance impacts

• 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 activities, such as: Legal Management Software (NULAW), New Products and Marketing Initiatives Governance (NPMIG), and other reports used by Senior Leadership

• Manage and develop Advising Team in support of their compliance work and professional career

• Flexibility to travel to various Capital One locations as necessary

 

Basic Qualifications:

• Bachelor’s Degree or military experience

• At least 6 years of financial services experience

• At least 5 years of experience in compliance, audit, legal or risk management

 

Preferred Qualifications:

• Master’s Degree

• At least 8 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

 

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within