Auto Finance Compliance Senior Associate
Location:
Plano , Texas
Posted:
February 08, 2017
Reference:
R16860
Plano Town Center (31064), United States of America, Plano, Texas

Auto Finance Compliance Senior Associate

Title: Auto Finance Compliance Senior Associate

Level: Sr. Associate

Job Description:

The Senior Compliance Advisory Associate performs a key risk management role (second line of defense), to help ensure corporate initiatives and lines of business processes comply with applicable laws and regulations. While working within the Compliance Management Program framework, the Compliance Advisor II is responsible for delivering quality results, providing compliance advice to the business, and executing or participating in corporate processes.


With limited managerial supervision, the Compliance Advisor will support the business by:
-Providing input on business regulatory requirements;
-Providing guidance on business policies, standards, and procedures;
-Participating in department training, as appropriate;
-Providing compliance advice on projects, as directed;
-Providing guidance on controls over regulatory requirements and line of business monitoring of those controls, as directed;
-Performing targeted tests on lines of business controls and provide guidance on identified risks, as directed


Responsibilities:
-Under managerial supervision, provide effective challenge and guidance on compliance risks and support the business through various interactions and forum engagements
-Advise 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
-Advise on the development and maintenance of the Compliance Program, such as how to monitor, report, and train
-Support the business by providing advice, influence adjustments to the processes, procedures, and controls
-Review Complaints generated from lines of business and provide guidance on remediation, escalate and facilitate with subject matter experts, when necessary
-Conduct targeted validations on controls over applicable regulations
-Involvement with compliance testing and third party compliance, as directed
-Maintain understanding of Compliance Risk Management Framework and applicable laws and regulations
-Identify trends in data produced by lines of business
-Assist in capturing, maintaining, and analyzing compliance data, interpreting it to ensure consistency and adequate Compliance Risk Management
-Actively participate on projects through providing guidance, advise, and effective challenge
-Participate in reporting activities, as directed
-Flexibility to travel to various Capital One locations as necessary

Basic Qualifications:
-High School Diploma, GED or equivalent certification, or Military experience
-At least 1 year working in compliance, or at least 1 year of experience working in risk management, or at least 1 year of legal experience

-Proficiency in Microsoft Office

Preferred Qualifications:
-Juris Doctor
-3 years of risk management experience, or 3 years of consumer compliance experience, or 3 years of legal experience
-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.


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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