Senior Manager, Compliance AdvisorApply now Job ID R88337 Updated date 11/27/2019 Location Plano, Texas
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.
Capital One is looking for a Senior Manager Compliance Advisor to support the Auto Finance Bankruptcy department in Plano and to serve as an enterprise bankruptcy expert. The Advisor will advise the business directly on adherence to law in the delivery of products and services in one of the most innovative and fastest growing Auto Finance companies in America. This team directly advises our senior leaders -- not only having a seat at the table but a meaningful and welcome voice.Our team in Compliance has a unique opportunity to learn, grow and professionally expand across functions.
The Senior Manager Compliance Advisor performs a key risk management role (second line of defense) by ensuring business line initiatives and processes comply with applicable consumer laws and regulations. While working within the Compliance Management Program framework, the Senior Manager Compliance Advisor 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 Senior Manager Compliance Advisor supports business lines by:
-Providing subject matter expertise and guidance on consumer and bankruptcy compliance requirements;
-Providing effective challenge and guidance on compliance risks and supporting business line through various interactions and forums;
-Assessing operational breakdowns for compliance risk and providing guidance on remediation/recovery plans;
-Providing guidance on controls over compliance requirements and business line monitoring of those controls
The ideal candidate will demonstrate:
Strong Ownership & Execution
Strong Verbal & Written Communication & Influence
Legal/Regulatory Advising Expertise
Teamwork & Collaborative Mindset
-Maintain subject matter expertise of applicable consumer laws and regulations and Compliance Risk Management framework
-Maintain understanding of business line operating processes, strategies, products, and services
-Provide effective challenge and guidance on compliance risks and support business line through various interactions and forums
-Support business line by providing expert advice and influencing changes to processes, procedures, and controls to mitigate compliance risk
-Determine compliance requirement applicability to business line products and processes
-Advise business line on compliance requirement applicability for new products and/or processes and changes in law or regulation
-Review new/revised business line policies, standards and procedures
-Help business line determine appropriate training audience, delivery channel(s), and training frequency for compliance training
-Review business line training materials with compliance related content for accuracy and completeness
-Provide business line guidance on developing and executing controls and monitoring plans
-Assess operational breakdowns for compliance risk and provide guidance on remediation/recovery plans
-Identify trends in data and advise on identified emerging risks
-Review business line performance and escalate high risks and issues
-Communicate compliance risk appetite and key performance metrics to business line and monitor business plans to ensure compliance risk remains within approved appetite
-Review complaints for compliance risks; provide guidance on remediation; escalate and facilitate with subject matter experts as necessary
-Evaluate Internal Audit, regulatory exam, and self-identified issues and events for compliance impacts
-Monitor external compliance environment, emerging risks, regulatory focus areas
-Assist business line in developing and maintaining their Compliance Management Program
-5 years of experience in compliance, legal, or audit
-7 years of experience supporting, partnering, and interacting with internal business clients
-Juris Doctor Degree
-10+ years of experience in compliance, legal, or audit
-CRCM, ACAMS, CIPP, or Series 7, 24, or 63/65 certifications, as appropriate
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).