Senior Manager, Compliance

Senior Manager, Compliance

The Senior Manager, Compliance performs a key risk management role in the second line of defense, providing primary compliance support to the 'New to Credit' credit card business segment. We are looking for a dynamic, strategic thought partner to implement the compliance strategy for this significant growth opportunity. While working within the Compliance Management Program framework, the Senior Manager is responsible for delivering quality results, providing compliance advice to lines of business as a subject matter expert, and ensuring that corporate initiatives and processes comply with applicable laws and regulations.

The Compliance Advisor Senior Manager supports the line of business by:

• Serving as a strategic partner and providing proactive advisory during the product development lifecycle;
• Partnering with business leaders to ensure compliance risk is integrated into business strategy and growth initiatives;
• Providing proactive guidance on controls for new-to-credit products; and
• Providing guidance on business policies, standards, and procedures to support compliant scaling.

Responsibilities:

• Identify potential internal and external risks relating to the lines of business initiatives and processes and provide guidance on remediation, escalate and facilitate with subject matter experts, when necessary
• Maintain subject matter expertise of applicable laws and regulations
• Perform and review control assessments executed by peers for accuracy and adherence to test procedures
• Evaluate Internal Audit, Regulatory Exam, and self identified issues and events for compliance impacts
• Provide effective challenge and guidance on compliance risks and support lines of business through various interactions and forum engagements
• Advise lines of business on application of Compliance requirements, such as: new products, process development, development of controls and monitoring, remediation/corrective action of compliance breakdowns, and change in law or regulation
• Assist lines of business in the development and maintenance of the Compliance Program, such as how to monitor, report, and train
• Support lines of business through expert advice, influence adjustments to the processes, procedures, and controls
• Conduct targeted validations and reviews on controls over applicable regulations
• Perform UDAAP validations and reviews
• Active involvement with compliance testing and third party compliance
• Maintain expert understanding of Compliance Risk Management Framework and applicable laws and regulations
• Assist in capturing, maintaining, and analyzing compliance data, interpreting it to ensure consistency and adequate Compliance Risk Management
• Participate in reporting and governance activities, such as: LAUNCH and other reports used by Senior Leadership
• Flexibility to travel to various Capital One locations as necessary

Basic Qualifications:

• Bachelor's Degree, or military experience
• At least 5 years of experience in Compliance, Risk Management, Audit or Legal

Preferred Qualifications:

• Master's Degree or Juris Doctor (J.D.)
• 8+ years of experience in Compliance, Risk Management, Audit or Legal
• CRCM certification, or ACAMS certification, or CIPP certification
• Strong knowledge of Card Operations, Servicing, Systems and Platforms

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.

Chicago, IL: $161,500 - $184,300 for Compliance Advisor Sr. Manager

McLean, VA: $177,700 - $202,800 for Compliance Advisor Sr. Manager

Richmond, VA: $161,500 - $184,300 for Compliance Advisor Sr. Manager

Riverwoods, IL: $161,500 - $184,300 for Compliance Advisor Sr. Manager

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 (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 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).