Principal Compliance Tester III - Corporate Functions

Principal Compliance Tester III - Corporate Functions
The Compliance Tester III (Principal Associate) performs a key second line of defense role, to help ensure regulatory requirements are met across the applicable lines of business within Capital One Enterprise. The Compliance Tester III will be responsible for executing complex risk-based compliance transaction testing and control testing under the leadership of a team leader, for the purpose of independently validating business line adherence laws and regulations applicable to human resources, legal and risk management,, including but not limited to Executive Order, Diversity and Inclusion (D&I), Family and Medical Leave Act (FMLA), and Overtime Rules.
The Compliance Tester III will support lines of business by:

• Testing adherence to regulatory requirements; and
• 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 Independent Compliance Testing Program 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 and control reviews executed by peers for accuracy and adherence to test procedures
• Communicating test results verbally and/or in writing to stakeholders and other partners.
• Submitting test results in our Governance Risk Compliance (GRC) system.
• Systematically retain documents that substantiate test results.
• Participating in Annual Testing Calendar Planning process
• 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
• At least 3 years of compliance testing, monitoring, quality assurance, or audit experience

Preferred Qualifications:

• Bachelor's Degree in Auditing, Accounting, Finance, Economics, Information Systems or Business Administration
• 4+ years of compliance monitoring or auditing experience
• 4+ years of experience working in financial services, specifically within accounting, audit, or compliance.

At this time, Capital One will not sponsor a new applicant for employment authorization for this position
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
McLean, VA: $117,300 - $133,900 for Compliance Tester III
Plano, TX: $106,700 - $121,700 for Compliance Tester III
Richmond, VA: $106,700 - $121,700 for Compliance Tester III
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.
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.
This role is expected to accept applications for a minimum of 5 business days.
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 (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable 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 [email protected] . 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).