Manager, Compliance Advisory - Fair & Responsible Banking

Capital One
McLean, Virginia
Jul 24, 2021
Aug 23, 2021
Full Time
Center 2 (19050), United States of America, McLean, Virginia

Manager, Compliance Advisory - Fair & Responsible Banking

The Compliance Advisor Manager performs a compliance support role in Fair & Responsible Banking, an enterprise compliance program covering Fair Lending, Sales Practices, UDAAP, and Complaints. The Compliance Advisor Manager works under the direction of the Director, Fair & Responsible Banking. The Compliance Advisor Manager interacts with and advises the Capital One lines of business on the need for effective methods of managing compliance risk arising from federal and state laws and regulations. The Compliance Advisor Manager also assists the VP, Fair & Responsible Banking in keeping abreast of new and updated financial industry laws and regulatory requirements (e.g., ECOA, Fair Housing Act, etc.). While working within the Compliance Management Program framework, the Compliance Advisor Manager is responsible for delivering quality results, providing compliance advice to business lines as a subject matter expert, and executing or participating in corporate risk management processes.

The Compliance Advisor Manager maintains all organizational and professional ethical standards and has latitude for independent judgment and decision-making. Additional responsibilities will include:
  • Maintain subject matter expertise with all applicable Fair & Responsible banking laws, regulations, regulator guidance, and leading compliance standards.
  • Provide lines of business with advisory guidance in the definition, development, and monitoring of controls related to applicable requirements.
  • Conduct or support risk assessments across lines of business for new processes, new products, key programs, and/or initiatives, advise lines of business of identified risks, and support remediation efforts and/or policy and process changes.
  • Support the management of issues with business lines and risk offices as they arise.
  • Anticipate, identify, and escalate risk scenarios early and propose potential mitigations.
  • Review business area performance relative to key metrics.
  • Provide effective challenge and guidance on compliance risks and support lines of business through various interactions and engagements.
  • Continuously monitor the internal and external environment for emerging risks, trends in data, compliance impacts and regulatory focus areas.
  • Coordinate with cross-functional teams to accomplish shared objectives.
  • Produce results within a team and support more senior and junior advisors.
  • Actively participate on complex projects through providing guidance, advice, and effective challenges.
  • Assist in the promotion of a culture of compliance and managed risk taking
  • Performs other related work as assigned by a Supervisory Advisor or the Fair & Responsible Banking Officer.

Basic Qualifications
  • At least 5 years of experience in compliance, or at least 5 years of experience in legal, or at least 5 years of experience in audit
  • Bachelor's Degree or Military Experience

Preferred Qualifications
  • 7 years of experience in compliance, legal, or audit in the financial services industry
  • Certified Regulatory Compliance Manager
  • Master's Degree or Juris Doctor
  • Strong written and verbal communication skills
  • Ability to prioritize among many conflicting needs and advocate a course of action while remaining flexible and responsible to dynamic situations

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

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