COMPLIANCE TRANSACTION TESTER - RETAIL BANK
Company: Capital One
Location: Richmond
Posted on: May 8, 2024
Job Description:
802 Delaware Avenue (18052), United States of America,
Wilmington, DelawareCompliance Transaction Tester - Retail BankThe
Compliance Tester II (Senior Associate) performs a key second line
of defense role, to help ensure corporate initiatives and
departmental processes comply with applicable laws and regulations.
The Compliance Tester will be responsible for executing defined,
moderately complex, risk-based compliance transaction testing under
the leadership of a team leader, for the purpose of independently
validating business line adherence to applicable consumer laws and
regulations including, but not limited to: Regulations CC, D, DD,
E, and FCRA. -As a Compliance Senior Associate, you will execute
Compliance testing based on the line of business, the regulatory
risks that business faces, and internal control processes. You will
collaborate with an experienced and diverse group of Compliance
professionals to provide independent testing for the lines of
business against Capital One's risk management
framework.Responsibilities:
- Guided by team leadership, execute targeted, moderately complex
transaction testing for line of business compliance
requirements.
- Manage assigned testing timelines to ensure all tasks and
reporting are completed within established timeframes
- Obtain and analyze test data from multiple sources, following
documented test plans, testing protocols, and leveraging job aids
as needed
- Help drive innovative ways to approach testing.
- Demonstrate an understanding of testing methodology, business
processes, control frameworks, and related regulatory and
compliance standards
- Establish and maintain strong relationships with Compliance
Advisors, the Risk Office and Business Areas
- Ensure engagement with proper points of contact throughout the
testing process
- Systematically retain documents that substantiate test results
with a high level of accuracy
- Review deliverables executed by peers for accuracy and
adherence to procedures
- Submit test results in the system of record
- Communicate results to Advisors, Business Areas, and Compliance
Officers, as needed
- Ability to work cooperatively and effectively with supporting
team members to meet departmental goals.
- Maintain strong time management, organizational and
prioritization skills; ability to complete multiple concurrent
tasks within close deadlines with a high degree of accuracy and
detailBasic Qualifications:
- High School Diploma, GED or equivalent certification -
- At least 4 years of experience working in the financial
services industry
- At least 2 years of experience in audit, compliance, risk
management, control, or transaction reviews
- At least 2 years of experience with Microsoft Office or Google
Suite Preferred Qualifications:
- Bachelor's Degree
- 3+ years of financial services monitoring, auditing, risk
management, or compliance experience
- Certified Regulatory Compliance Manager (CRCM)
accreditation
- Experience analyzing test scripts using SQL/Python to test full
populations for key attributes
- Experience engaging with data analytics teams to help drive
innovative testing approaches
- Knowledge of data analytics, Optical Character Reader, Robotic
Process Automation or Artificial Intelligence
- Basic understanding of data schemas or cloud data structure to
help drive innovative testing approachesAt 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.New York City (Hybrid On-Site):
$99,500 - $113,600 for Compliance Tester IICandidates hired to work
in other locations will be subject to the pay range associated with
that location, and the actual annualized salary amount offered to
any candidate at the time of hire will be reflected solely in the
candidate's offer letter.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.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 -. Eligibility varies based on full
or part-time status, exempt or non-exempt status, and management
level.This role is expected to accept applications for a minimum of
5 business days.No agencies please. Capital One is an equal
opportunity employer committed to diversity and inclusion in the
workplace. All qualified applicants will receive consideration for
employment without regard to sex (including pregnancy, childbirth
or related medical conditions), race, color, age, national origin,
religion, disability, genetic information, marital status, sexual
orientation, gender identity, gender reassignment, citizenship,
immigration status, protected veteran status, or any other basis
prohibited under applicable federal, state or local law. Capital
One promotes a drug-free workplace. Capital One will consider for
employment qualified applicants with a criminal history in a manner
consistent with the requirements of applicable laws regarding
criminal background inquiries, including, to the extent applicable,
Article 23-A of the New York Correction Law; San Francisco,
California Police Code Article 49, Sections 4901-4920; New York
City's Fair Chance Act; Philadelphia's Fair Criminal Records
Screening Act; and other applicable federal, state, and local laws
and regulations regarding criminal background inquiries.If you have
visited our website in search of information on employment
opportunities or to apply for a position, and you require an
accommodation, please contact Capital One Recruiting at
1-800-304-9102 or via email at . All information you provide will
be kept confidential and will be used only to the extent required
to provide needed reasonable accommodations.For technical support
or questions about Capital One's recruiting process, please send an
email to Capital One does not provide, endorse nor guarantee and is
not liable for third-party products, services, educational tools or
other information available through this site.Capital One Financial
is made up of several different entities. Please note that any
position posted in Canada is for Capital One Canada, any position
posted in the United Kingdom is for Capital One Europe and any
position posted in the Philippines is for Capital One Philippines
Service Corp. (COPSSC).
Keywords: Capital One, Norfolk , COMPLIANCE TRANSACTION TESTER - RETAIL BANK, Hospitality & Tourism , Richmond, Virginia
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