Principal Associate, Risk Specialist
Capital One’s Anti-Bribery & Anti-Corruption (ABAC) team is responsible for managing the company’s enterprise-wide ABAC Compliance Program, including compliance with the Foreign Corrupt Practices Act (FCPA), Bank Bribery Act (BBA), and related laws and regulations. The Principal Risk Specialist helps implement and administer Capital One’s ABAC compliance program across the enterprise, with a particular focus on the company’s global payment networks business. The ideal candidate for this role will also have a deep understanding of global payment networks.
This role also will help manage the company’s Mandatory Time Away compliance program and will work with a cross-functional team to identify and monitor specific, sensitive positions which require additional controls to prevent internal fraud.
This role will apply risk management, process management, and analytical skills to support ABAC and Internal Fraud objectives for the Corporate Integrity department and impacted business lines. The role is responsible for delivering quality results and assisting the program in providing sound advice to senior management and business lines as a subject matter expert. A successful associate in this role will be a highly-motivated, forward-thinking self-starter who is technologically adept and can work independently, prioritize deadlines, collaborate with a range of stakeholders, and balance Business-As-Usual work responsibilities while assisting with ongoing long-term initiatives.
Responsibilities:
- Assist with development and administration of enterprise-wide ABAC Compliance Program to ensure compliance with applicable laws and regulations
- Conduct ABAC due diligence on third-party suppliers or network participants and working with business partners to ensure ongoing monitoring for ABAC risk
- Establish and maintain Mandatory Time Away program across the enterprise, ensuring appropriate monitoring to prevent job-specific fraud or collusion activities
- Assist with strategic, cross functional projects to advance the development of the ABAC and IF programs
- Monitor emerging ABAC trends domestically and internationally, including the development of new laws, regulations, guidance, and industry best practices
- Maintain subject matter awareness and understanding over applicable ABAC laws and related guidance, including the FCPA and BBA
- Assist with presentations, briefings, and response to inquiries from senior leadership, auditors, examiners, and other stakeholders regarding ABAC Compliance Program
- Develop and update internal policies, procedures, and trainings
- Mentor other associate(s) across the enterprise the performance of program functions.
Basic Qualifications:
- Bachelor’s Degree or military experience
- At least 3 years of experience in a risk, compliance, legal, or audit role
- At least 3 years of experience supporting, partnering, and interacting with business clients
Preferred Qualifications:
- 5+ years of experience in a risk, compliance, legal, or audit role
- 3+ years of experience working with or applying the Foreign Corrupt Practices Act (FCPA), or Bank Bribery Act (BBA)
- 3+ years of experience working with a third-party or network participant due diligence process
- 3+ years of experience working with data tools such as Microsoft Excel and Google Sheets
- 2+ years of experience monitoring or maintaining Network relationships or the execution of Network Participants
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: $120,800 - $137,900 for Principal Risk Specialist
Richmond, VA: $109,900 - $125,400 for Principal Risk Specialist
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.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
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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).