Compliance Principal Risk Specialist

Capital One
Richmond, Virginia, United States
Jan 22, 2023
Feb 21, 2023
Full Time
West Creek 3 (12073), United States of America, Richmond, Virginia

Compliance Principal Risk Specialist

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.

We are seeking a highly motivated and talented Compliance Principal Risk Specialist to join our team in supporting US Card Compliance. The Compliance Principal Risk Specialist 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 Principal Risk Specialist is responsible for delivering quality results, providing compliance advice to lines of business, and executing or participating in corporate processes.

The Compliance Principal Risk Specialist will support the US Card line of business by:
  • Providing input on business regulatory requirements
  • Providing guidance on controls over regulatory requirements and line of business monitoring of those controls
  • Providing guidance on business policies, standards, and procedures, as appropriate
  • Leading and reviewing department training, as appropriate
  • Providing compliance advice on projects, as appropriate

  • 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
  • Advise line of business in the development and maintenance of the Compliance Program, such as how to monitor, report, and train
  • Develop strong understanding of applicable laws and regulations
  • Evaluate Internal Audit, Regulatory Exam, and self identified issues and events for compliance impacts
  • Support lines of business through advice, influence adjustments to the processes, procedures, and controls
  • Involvement with compliance testing and third party compliance
  • Maintain strong understanding of Compliance Risk Management Framework and applicable laws and regulations
  • Identify trends in data for potential risk impacts
  • Assist in capturing, maintaining, and analyzing compliance data, interpreting it to ensure consistency and adequate Compliance Risk Management
  • Actively participate on complex projects through providing guidance, advise, and effective challenge
  • Perform UDAAP validations and reviews
  • Participate in reporting activities, as directed
  • Supporting Compliance teams as a subject matter expert

Basic Qualifications:
  • Bachelor's Degree or military experience
  • At least 3 years of experience in compliance, legal, or audit
  • At least 5 years of experience supporting, partnering, and interacting with internal business clients

Preferred Qualifications:
  • Master's Degree
  • 5+ years of experience in compliance, legal, or audit
  • CRCM, ACAMS, CIPP, or Series 7, 24, or 63/65 certifications

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

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 Capital One Careers website . Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

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).