Compliance Tester - Principal Associate, Auto Finance

Capital One
Plano, Texas
Jul 13, 2022
Aug 11, 2022
Full Time
Plano 2 (31062), United States of America, Plano, Texas

Compliance Tester - Principal Associate, Auto Finance

Title: Compliance Tester III

Level: Principal Associate

Job Description

The Corporate Compliance team is seeking an experienced Principal Associate who will be responsible for executing risk-based compliance transaction testing under the leadership of a team leader, for the purpose of independently validating business line adherence to applicable Laws, Regulations, and Guidance. A successful candidate enjoys developing a deep understanding of requirements and conducting monitoring/testing and drawing conclusions based on critical thinking, judgment and analysis to validate adherence. The role requires the ability to work cross-functionally with both business partners and compliance advisors and the ability to work autonomously. In addition, this role requires great attention to detail and excellent verbal and written communication skills.

The Compliance Tester III 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 III will be responsible for executing complex risk-based compliance transaction testing under the leadership of a team leader, for the purpose of independently validating business line adherence to applicable laws and regulations. The Compliance Tester III will support lines of business by:
  • Testing adherence to business regulatory requirements;
  • Testing risk based compliance transactions;
  • Managing compliance to appropriate testing the document retention guidelines.

Responsibilities will include (but may not be limited to):
  • Guided by team leadership, execute targeted, complex transaction testing for line of business compliance requirements in alignment with team and ICTT methodology and procedures.
  • Suggest changes to testing or perform high risk testing as needed
  • Managing testing schedules to ensure all tasks and reporting are completed within established timeframes.
  • Obtain and analyze test data from multiple sources, following documented test plans, and systematically documenting the work and results.
  • Develop new ways to test large populations of data
  • Reviewing transaction tests executed by peers for accuracy and adherence to test procedures.
  • Review transaction test executed by peers for accuracy and adherence to test procedures
  • Systematically retain documents that substantiate test results
  • Establishing and maintaining strong relationships with Compliance Advisors and Business Areas
  • Demonstrate ability to explore and quickly grasp new technologies to progress varied initiatives
  • Assisting in communicating results to Compliance Officers

Basic Qualifications:
  • High School Diploma, GED or equivalent certification
  • At least 2 years of experience working in compliance or at least 2 years of experience working in financial services

Preferred Qualifications:
  • Bachelor's Degree
  • At least 4 years of financial services consumer compliance monitoring experience and 4 years of consumer compliance auditing experience
  • Strong problem-solving and conceptual thinking skills
  • Strong communication skills
  • Experience creating effective presentations
  • Working knowledge of basic statistics
  • Working knowledge of Excel for Analysts, SQL, Teradata and Redshift
  • Scripting experience in (Python, Perl, JavaScript, Shell)
  • Experience creating test scripts using SQL, Python, Javascript, Perl, Shell to test full populations for key attributes

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

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, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, 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.

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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).

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