Senior Director, Compliance Test Lead for Commercial Banking, Corporate Functions and Anti-Money Laundering
Senior Director, Compliance Test Lead for Commercial Banking, Corporate Functions and Anti-Money Laundering
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Job Description
The Compliance Testing Senior Director oversees transaction testing and control testing for Capital Ones Commercial Bank Corporate Functions and Capital Ones horizontal Anti-Money Laundering Program for the purpose of validating that processes and controls are designed effectively to reasonably mitigate the risk of non-adherence applicable requirements and are operating as intended. The Compliance Testing Senior Director is responsible for close coordination with the Compliance Governance team on setting the strategy and execution of the Re-Imagine Testing Program that focuses on expansion of new technology (e.g. machine learning natural language processing etc.) and new testing techniques to advance the effectiveness of compliance assurance function.
Responsibilities:
Manage a team of 28 testers to ensure successful completion of testing calendar commitments
Develop and sustain an evolving risk based approach to optimize testing coverage and review of high and emerging risks
Lead the annual calendar planning for compliance testing for Commercial Banking (includes commercial lending treasury management institutional broker-dealers and CFTC swap dealer) Corporate Functions (e.g. Human Resources Finance-Corporate Treasury) and AML Program (1st and 2nd line of defense activities) and adherence to applicable rules and regulations
Sustain a cadence of continuous improvement and develop plans to implement enhancements to the testing program leveraging technology and data in close coordination with the central Compliance Governance team and Technology and Data team
Review the work product of the team for accuracy completeness and ensuring correct framing of risks
Engage and drive discussion with stakeholders to exercise credible challenge
Liaise and build a strong relationship with key stakeholders (e.g. Business Compliance Tech Audit) across the Firm
Formally document and present results from compliance testing to senior management committees executives and regulators (e.g. Federal Reserve OCC)
Provide support to Audit and on regulatory exams as needed
Consistently demonstrate strong verbal and written communication skills problem solving influencing and leadership skills
Invest in associate development to ensure high quality results an environment where innovation and collaboration is fostered advancement of skills and maintenance of a positive and productive work environment
Recruit and develop talented testing professionals to support the program
Basic Qualifications:
Bachelors Degree or military experience
At least 10 years of risk compliance audit or legal experience within the financial services industry
At least 8 years of experience supporting partnering and interacting with internal business clients
At least 5 years of people management experience
At least 5 years of analytical experience within the financial services industry
Preferred Qualifications:
Masters degree
10 years of US broker-dealer swap dealer and/or financial crimes experience in a testing or audit function within commercial and/or retail banking
Certified Risk Professional Certified Regulatory Compliance Manager certification or Certified Internal Auditor or equivalent
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: $234000 - $267100 for Sr. Director ComplianceCandidates 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 candidates 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 theCapital 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 (EOE including disability/vet) committed to non-discrimination in compliance with applicable federal state and local laws. 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 Citys Fair Chance Act; Philadelphias 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- 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 Ones recruiting process please send an email to
Capital One does not provide endorse nor guarantee and is not liable for third-party products services educational tools or other information available through this site.
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).
Required Experience:
Exec
Employment Type
Full-Time
