Compliance Director, Lending & Finance

Compliance Director, Lending & Finance

Corporate Compliance is seeking a Director to join our Commercial Banking Lending and Finance Compliance Advisory team. The Compliance Director will provide compliance advice regarding business strategy and new products/initiatives to leaders in Commercial Banking Lending business, which includes Corporate Banking and Commercial Real Estate/Agency Financing. Commercial Banking Lending business includes Middle Market Banking, Financial Institutions Group, Healthcare and Technology, Media, Telecom, Municipal Banking, and Energy. Commercial Real Estate provides balance sheet and off-balance sheet lending in addition to agency lending from Fannie Mae, Freddie Mac, and FHA.  The Compliance Director will also lead advisory for the Finance corporate function, which is responsible for executing overall financial management of Capital One and includes Corporate Treasury. This Director is responsible for the management and oversight of a robust Compliance Management Program (CMP).  The successful candidate will be self-starting and entrepreneurial, seeing around corners to identify tomorrow’s risks, and able to integrate themselves seamlessly into existing and emerging business lines.  The Director will leverage strong analytical thinking skills to ensure all components of the CMP are in place and operating effectively with respect to the business areas for which the team is responsible.   Additionally, the associate will leverage strong leadership and influence skills to engage senior business leaders and other groups, including Compliance Testing, Legal, Compliance Central Governance, Product, Tech, and the Commercial Risk and Finance Risk Management, where needed.

Specific responsibilities include, but are not limited to, the following:

• Serve as a credible business advisor and partner representing the Compliance organization to Commercial Banking Lending and Finance

• Lead a team of Compliance Advisors as they support specific areas within Commercial Banking Lending and Finance

• Advise on regulatory and Compliance topics and coordinate with horizontal Compliance teams (AML, Privacy, Fair Lending)

• Develop Compliance policies to address corporate and regulatory requirements

• Maintain subject matter expertise in applicable laws, regulations, and regulatory guidance (e.g., SEC Reg AB, FRB Reg B, FRB Reg K, FRB Reg W)

• Identify and investigate potential rule breaches, escalate issues and coordinate corrective actions with business and control functions, as needed

• Assist in the development and administration of Compliance training

• Provide Compliance input and review new business initiatives, assessing compliance and regulatory risks and proactively identifying potential issues related to the new products/services

• Maintain key relationships with business leadership as well as Legal, Risk Management, and other stakeholders

• Coordinate with cross-functional teams to accomplish shared objectives

• Support the management of issues with the business and risk office as they arise

• Anticipate, identify and escalate risk scenarios where needed and propose potential mitigations

• Liaise with internal audit and assist on regulatory exams

Basic Qualifications:

• Bachelor’s Degree or military experience

• At least 8 years of experience in compliance, legal, audit or risk management within financial services

• At least 7 years of experience supporting, partnering or interacting with internal business clients

Preferred Qualifications:

• Juris Doctor (J.D.) or Master’s Degree

• Certified Regulatory Compliance Manager (CRCM) or Certified Information Privacy Professional (CIPP)

• 10+ years of experience in Commercial Banking or Capital Markets 

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 one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

McLean, VA: $200,100 - $228,400 for D