Compliance Tester III
The Principal Compliance Tester III performs a key second line of defense role to help ensure corporate initiatives, departmental processes, and applicable lines of business comply with enterprise regulatory requirements. Working under the guidance of a team leader, the Principal Tester III will execute complex, risk-based compliance transaction testing. The primary purpose of this role is to independently validate business line adherence to both Anti-Money Laundering (AML) laws and consumer regulations—including but not limited to the BSA, USA PATRIOT Act, PCMLTFA, and Regulations CC, D, DD, E, and FCRA.
In this role, you will collaborate with an experienced and diverse group of Compliance professionals to provide independent testing against Capital One’s risk management framework. You will leverage your deep regulatory knowledge to drive testing innovations, improve data sourcing, and ensure business practices safeguard the enterprise.
Key Responsibilities
Test Execution & Innovation
- Execute targeted, complex, risk-based transaction testing for various lines of business in alignment with team methodology and Independent Compliance Transaction Testing (ICTT) procedures.
- Develop, continually validate, and improve test plan designs; suggest strategic changes to testing methodologies and perform high-risk testing as needed.
- Drive innovative ways to approach testing by demonstrating a deep understanding of testing frameworks, business processes, control environments, and related regulatory standards.
Data Analysis & Documentation
- Obtain and analyze test data from multiple sources, systemically documenting work and results by leveraging job aids and documented test protocols.
- Support and initiate efforts to improve data sourcing by partnering with Business and IT areas to develop improved, automated, or more reliable data pipelines.
- Ensure impeccable record-keeping by systematically retaining documents that substantiate test results with a high level of accuracy.
- Formally submit test results into the system of record (PRIME).
Project Management & Peer Review
- Manage assigned testing schedules and concurrent timelines to ensure all tasks, documentation, and reporting are completed within established timeframes.
- Review transaction tests and deliverables executed by peers to ensure accuracy, quality assurance, and adherence to established test procedures.
- Work cooperatively and effectively with supporting team members to meet broader departmental goals.
Stakeholder Collaboration & Audit Support
- Establish and maintain strong, collaborative relationships with Compliance Advisors, the Risk Office, and Business Areas, ensuring engagement with the proper points of contact throughout the testing lifecycle.
- Communicate test results clearly and effectively to Advisors, Business Areas, and Compliance Officers.
- Provide robust support for ICTT and Compliance audits and regulatory examinations as needed.
Basic Qualifications
- High School Diploma, GED, or equivalent certification.
- At least 2 years of experience in compliance testing, compliance monitoring, quality assurance, audit, or financial investigation.
Preferred Qualifications
- Bachelor’s degree.
- At least 3 years of compliance testing or auditing experience specifically related to AML laws and regulations.
- Strong working knowledge of both US and Canadian laws and regulations as they relate to AML, Sanctions, Fair Lending, Privacy, or vertical testing areas.
- Deep familiarity with consumer regulations (e.g., Regulations CC, D, DD, E, and FCRA) and filing requirements (SAR, CTR, and/or STR).
- Exceptional problem-solving, conceptual thinking, and time-management skills, with the ability to manage multiple tight deadlines with high attention to detail.
- Strong communication and stakeholder management skills.
- Professional certification such as CAMS, CFE, CRCM, or CFCS.
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.
Riverwoods, IL: $109,900 - $125,400 for Compliance Tester III
McLean, VA: $120,800 - $137,900 for Compliance Tester III
Richmond, VA: $109,900 - $125,400 for Compliance Tester 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. 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).