Compliance Advisor Principal Associate, Capital One Auto Finance

Capital One
Plano, Texas
Aug 06, 2022
Sep 05, 2022
Full Time
Plano 2 (31062), United States of America, Plano, Texas

Compliance Advisor Principal Associate, Capital One Auto Finance

The Compliance Advisor Principal Associate (PA) - performs a key risk management role to help ensure Capital One Auto Finance (COAF) activities comply with applicable laws and regulations. While working within the second line of defense, the Compliance Advisor Principal Associate is responsible for delivering quality results, demonstrating effective challenge, and providing timely and accurate compliance advice to the first line of defense business lines engaged in auto financing activities. The Compliance Advisor Principal Associate acts as a subject matter expert and executes or participates in core Compliance Management Program processes.

The Compliance Advisor Principal Associate - supports the COAF Servicing business by:
  • Providing input on regulatory requirements and their applicability to business products and services;
  • Providing guidance on business policies, standards, training, and procedures;
  • Providing compliance advice on COAF products, projects and initiatives;
  • Providing guidance on control design and implementation for regulatory requirements and business line monitoring of those controls;
  • Performing targeted tests on business line controls and providing guidance on identified exposures and risks as part of business line control testing and grounding; and
  • Performing issue and event management assessments and providing guidance on remediation and recovery

  • Assist in the development and implementation of compliance policies and procedures
  • Assist in providing end-to-end compliance oversight including developing and maintaining effective controls designed to monitor the effectiveness of the compliance program
  • Ensure and support the review of the compliance policies and procedures and implement necessary remediation for any identified deficiencies
  • Maintain in-depth knowledge of the COAF business and its activities to ensure adequate compliance oversight and resources
  • Recognize and advise the business on emerging compliance issues
  • Review complaints generated from the business lines and provide guidance on remediation; escalate and facilitate with subject matter experts, when necessary
  • Identify trends in monitoring and supervision data and advise on identified emerging risks
  • Maintain expert understanding of and subject matter expertise related to applicable federal and state laws and regulations, including managing a compliance program within a Financial Institution or Bank
  • Evaluate Internal Audit, Regulatory Exam, and self identified issues and events for compliance impacts
  • Advise business lines 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
  • Conduct targeted reviews of controls covering applicable laws and regulations
  • Identify and respond to ongoing regulatory changes, ensure implementation of required policies and procedures and appropriate operational and compliance oversight
  • Active involvement with compliance testing and third party compliance
  • Assist in capturing, maintaining, and analyzing compliance data, interpreting it to ensure consistency and adequate compliance risk management
  • Participate in reporting activities, such as: regulatory changes, new product risk assessments, and other reports used by Senior Leadership
  • Complete issue and event management assessments in the system of record

Basic Qualifications:
  • Bachelor's Degree or Military experience
  • At least 3 years of compliance experience or 3 years of risk experience in Banking or Financial Services

Preferred Qualifications:
  • Juris Doctorate Degree
  • 5 years of compliance experience or 5 years of risk experience in Banking or Financial Services in auto financing.
  • Certified Regulatory Compliance Management (CRCM), Certified Information Privacy Professional (CIPP)

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.

For technical support or questions about Capital One's recruiting process, please send an email to

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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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