At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.
Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.
Principal Corporate Compliance Tester - Institutional Broker Dealer
Title: Principal Corporate Compliance Tester - Institutional Broker Dealer
Level: Principal Associate
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
Summary: 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, SEC, and OCC 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
-Guided by team leadership, execute targeted, complex transaction testing for line of business compliance requirements in alignment with team and ICTT methodology and procedures.
-Suggest changes to testing or perform high risk testing as needed.-Develop test plans, continually validate and improve test design.-Manage to testing schedules to ensure all tasks and reporting are completed within established time frames.
-Obtain and analyze test data from multiple sources, following documented test plans, testing protocols and leveraging job aids as needed.
-Support and initiate efforts to improve data sourcing and partner with business and IT areas to develop improved data sources.
-Review transaction test executed by peers for accuracy and adherence to test procedures.-Submit test results in PRIME.
-Systematically retain documents that substantiate test results.
-Establish and maintain strong relationships with Compliance Advisors and Business Areas.
-Support ICTT and Compliance audit and exams as needed..
.-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.
-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.
-5 years of commercial compliance experience
.-CRCM certification, or CAMS certification, or CIPP certification.-FINRA Series 7 certification
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.
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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).