Fair & Responsible Banking Compliance: Principal Associate at Capital One

Fair & Responsible Banking Compliance: 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.

The Corporate Compliance Fair and Responsible Banking team is seeking a Principal Associate who will be responsible for executing risk-based fair lending testing and complaint reviews under the leadership of a team leader, for the purpose of independently validating business line adherence to applicable Laws, Regulations, and Guidance.

Responsibilities will include (but may not be limited to):

• Under the leadership of a team leader, executing targeted transaction testing for consumer compliance requirements.
• Conducting testing on a schedule to ensure all tasks and reporting are completed within established timeframes.
• Analyzing data from multiple sources and systematically documenting the work and results.
• Reviewing complaints to identify fair lending or sales practices risks.
• Establishing and maintaining strong relationships with Compliance Advisors and Business Areas as needed.
• Assisting in communicating results to Compliance Officers, as needed.
• Travel: Approximately up to 10% travel.

Basic Qualifications:

• High School Diploma, GED or equivalent certification
• At least 2 years of experience in compliance testing, compliance monitoring, quality assurance, control review or audit.
• At least 1 year of experience using Google Suite

Preferred Qualifications:

• Bachelor's degree
• 3+ years of financial services consumer compliance monitoring experience OR 3+ years of consumer compliance auditing experience
• 2+ years of Underwriting experience
• Proficient with Google Suite
• Experience with Excel, SQL, Teradata or Redshift

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 Advisory Specialist III

Plano, TX: $106,700 - $121,700 for Compliance Advisory Specialist III

Richmond, VA: $106,700 - $121,700 for Compliance Advisory Specialist 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.

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.