Principal Corporate Compliance Tester - Institutional Broker Dealer

Capital One
New Orleans, Louisiana
Sep 13, 2022
Oct 12, 2022
Full Time
Place St Charles (37701), United States of America, New Orleans, Louisiana

Principal Corporate Compliance Tester - Institutional Broker Dealer

Capital One is a diversified bank that offers a broad array of financial products and services to consumers, small business and commercial clients. Ranked #127 on the Fortune 500, Capital One is one of the nation's top 10 banks and has one of the most widely recognized brands in America. We nurture a work environment where people with a variety of thoughts, ideas and backgrounds, guided by our shared Values, come together to make Capital One a great company and a great place to work.

Job Description :

The Principal Corporate Compliance Tester for the Commercial line of business performs a key second line of defense role, to help ensure corporate initiatives and departmental processes comply with FINRA and SEC applicable laws and regulations. The Principal Corporate Compliance Tester 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 Principal Corporate Compliance Tester 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):
  • Under the leadership of a team leader, executing targeted, complex transaction testing for line of business compliance requirements in alignment with team and ICTT methodology and procedures.
  • Suggesting changes to testing and performing high risk testing as needed.
  • Developing test plans, while continually validating and improving test design.
  • Managing testing schedules to ensure all tasks and reporting are completed within established timeframes.
  • Obtaining and analyzing test data from multiple sources and systemically documenting the work and results by following documented test plans, testing protocols and leveraging job aids as needed.
  • Supporting and initiating efforts to improve data sourcing and partnering with business and IT areas to develop improved data sources.
  • Reviewing transaction test executed by peers for accuracy and adherence to test procedures
  • Submitting test results in PRIME.
  • Systematically retain documents that substantiate test results.
  • Establishing and maintaining strong relationships with Compliance Advisors and Business Areas.
  • Supporting ICTT and Compliance audit and exams as needed.

Basic Qualifications:
  • High School Diploma, GED or equivalent certification, or Military experience
  • At least 2 years of compliance experience, or at least 2 years of testing experience for an institutional broker dealer within a financial institution
  • At least 2 years of experience working in financial services specifically within accounting, or at least 2 years of experience working in financial services, specifically within audit

Preferred Qualifications:
  • Bachelor's degree in Auditing, Accounting, Finance, Economics, Information Systems, Business Administration or an analytical discipline
  • At least 5 years of broker dealer compliance monitoring experience, or 5 years of broker dealer compliance testing experience, or 5 years of broker dealer compliance audit experience, specifically within financial services
  • At least 5 years of commercial compliance experience
  • FINRA certifications

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

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).