Compliance Transaction Tester - Retail Bank

at Capital One Services II, LLC in Wilmington, Delaware, United States

Job Description

802 Delaware Avenue (18052), United States of America, Wilmington, Delaware

Compliance Transaction Tester - Retail Bank

The Compliance Tester II (Senior Associate) performs a key second line of defense role, to help ensure corporate initiatives and departmental processes comply with applicable laws and regulations. The Compliance Tester will be responsible for executing defined, moderately complex, risk-based compliance transaction testing under the leadership of a team leader, for the purpose of independently validating business line adherence to applicable consumer laws and regulations including, but not limited to: Regulations CC, D, DD, E, and FCRA.

As a Compliance Senior Associate, you will execute Compliance testing based on the line of business, the regulatory risks that business faces, and internal control processes. You will collaborate with an experienced and diverse group of Compliance professionals to provide independent testing for the lines of business against Capital One's risk management framework.


Guided by team leadership, execute targeted, moderately complex transaction testing for line of business compliance requirements.

Manage assigned testing timelines to ensure all tasks and reporting are completed within established timeframes

Obtain and analyze test data from multiple sources, following documented test plans, testing protocols, and leveraging job aids as needed

Help drive innovative ways to approach testing.

Demonstrate an understanding of testing methodology, business processes, control frameworks, and related regulatory and compliance standards

Establish and maintain strong relationships with Compliance Advisors, the Risk Office and Business Areas

Ensure engagement with proper points of contact throughout the testing process

Systematically retain documents that substantiate test results with a high level of accuracy

Review deliverables executed by peers for accuracy and adherence to procedures

Submit test results in the system of record

Communicate results to Advisors, Business Areas, and Compliance Officers, as needed

Ability to work cooperatively and effectively with supporting team members to meet departmental goals.

Maintain strong time management, organizational and prioritization skills; ability to complete multiple concurrent tasks within close deadlines with a high degree of accuracy and detail

Basic Qualifications:

High School Diploma, GED or equivalent certification

At least 4 years of experience working in the financial services industry

At least 2 years of experience in audit, compliance, risk management, control, or transaction reviews

At least 2 years of experience with Microsoft Office or Google Suite

Preferred Qualifications:

Bachelor's Degree

3+ years of financial services monitoring, auditing, risk management, or compliance experience

Certified Regulatory Compliance Manager (CRCM) accreditation

Experience analyzing test scripts using SQL/Python to test full populations for key attributes

Experience engaging with data analytics teams to help drive innovative testing approaches

Knowledge of data analytics, Optical Character Reader, Robotic Process Automation or Artificial Intelligence

Basic understanding of data schemas or cloud data structure to help drive innovative testing approaches

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.
New York City (Hybrid On-Site): $99,500 - $113,600 for Compliance Tester II

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the... For full info follow application link.

Capital One is an equal opportunity employer committed to diversity in the workplace. Capital One promotes a drug-free workplace. 

All qualified applicants will receive consideration for employment without regard to gender, race, color, religion, national origin, sexual orientation, protected veteran status, or disability status.

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; Newark, New Jersey Ordinance 12-1630; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries. 


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Job Posting: 1258294

Posted On: Apr 10, 2024

Updated On: May 10, 2024

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