Auto Finance Compliance Manager
Location:
Plano , Texas
Posted:
February 08, 2017
Reference:
R16765
Plano Town Center (31064), United States of America, Plano, Texas

Auto Finance Compliance Manager

Title: Auto Finance Compliance Manager
Level: Manager

Job Description:
The Compliance Advisor Manager 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 Compliance Advisor Manager 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 Compliance Advisor Manager supports business lines by:

-Providing subject matter expertise and guidance on consumer 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; and
-Performing risk-based design reviews of business line controls and providing guidance on identified risks.

Responsibilities:
-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
-Conduct compliance risk assessment of new products and initiatives and advise business of compliance risk(s) associated risks; support business during new product and initiative implementation
-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
-Perform risk-based design reviews of business line controls by completing applicability review, analyzing control mix, confirming controls and monitoring are appropriate and meet their intended purpose and providing guidance on any identified risks
-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

Basic Qualifications:
-High School Diploma, GED or Equivalent certification, or Military experience
-At least 3 years of experience in compliance risk management, at least 3 years of experience in legal, or at least 3 years of experience in audit

Preferred Qualifications:
-Juris Doctor
-5 years of experience in compliance risk management, or 5 years of experience in legal, or 5 years of experience in audit
-Certified Regulatory Compliance Manager (CRCM) certification

At this time, Capital One will not sponsor a new applicant for employment authorization for this position. 

TBLI


A little about us:
Headquartered in McLean, Virginia, Capital One® offers a broad array of financial products and services to consumers.

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