Capital One Principal Associate - Compliance Advisor - Market & Liquidity Risk Oversight in McLean, Virginia
McLean 1 (19050), United States of America, McLean, Virginia
At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.
Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.
Principal Associate - Compliance Advisor - Market & Liquidity Risk Oversight
The Compliance Advisor Principal Associate 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 Principal Associate 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 Compliance Advisor Principal Associate supports the line of business by:
-Providing input on business regulatory requirements;
-Providing guidance on business policies, standards, and procedures;
-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
-Review Complaints generated from lines of business and provide guidance on remediation, escalate and facilitate with subject matter experts, when necessary
-Identify trends in data and advise on identified emerging risks
-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
-Actively participate on complex projects through providing guidance, advise, and effective challenge
-Perform UDAAP 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
-Flexibility to travel to various Capital One locations as necessary
-Bachelor’s Degree or military experience
-At least 3 years of experience in compliance, legal, or risk
-At least 5 years of experience in compliance, legal, or risk
-CFA or FRM certifications
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.