Job Description

161 Bay Street (93021), Canada, Toronto,Toronto, Ontario,

Principal Associate, Compliance Advisory

As a Compliance Advisor at Capital One, you\xe2\x80\x99ll be part of a team that values your perspective. You\xe2\x80\x99ll perform a key second line of defense role, providing advice and to effectively challenge the business unit stakeholders on ensuring business strategies, plans and initiatives are executed and delivered in compliance with governing regulations, internal policies and procedures. The incumbent should be comfortable working in a highly regulated environment. Key areas of responsibility include development, implementation and management of compliance programs and processes, particularly in the Third Party Management space.

The ideal Candidate will be:

Curious \xe2\x80\x93 you ask why, you explore, you\xe2\x80\x99re not afraid to challenge. You possess a practical business sense and a solution focused approach.

A Wrangler \xe2\x80\x93 you learn how to navigate the organization and can adapt to change

A coach, and not a referee. You are a strong relationship builder who has experience with influencing and consulting with a diverse group of business stakeholders.

Able to thrive in an agile, fast paced environment

Autonomous, and happy to not be micromanaged

On any given day, you\xe2\x80\x99ll be:

Assisting business unit stakeholders in understanding and complying with complex regulatory requirements

Assessing third party compliance risks through due diligence review

Working with stakeholders to implement regulatory changes, and to enhance controls for existing regulatory requirements

Understanding expectations from external entities such as auditors and regulators, and how the risk appetite and risk culture should be considered in day-to-day activities and decisions.

Reviewing, updating and developing policies and procedures to ensure compliance with complex regulatory requirements

Proactively assisting and advising business unit stakeholders as they engage in new or changed products, processes, systems, services or initiatives and assist with incorporating compliance requirements into these initiatives to ensure they are aligned with regulatory requirements and internal policies and procedures. Your voice will be valued here, and you will have a seat at the table.

Communicating new or changed regulations, regulatory trends, policies and procedures, and emerging risks to business unit stakeholders

Providing guidance to business unit stakeholders on establishing their day-to-day compliance controls, and monitor and assess the ongoing effectiveness of these controls

Retrieving and organizing data from internal systems to facilitate team discussions and trigger internal follow ups

Submitting data to and liaising with enterprise teams to ensure internal systems are up to date

Basic Qualifications:

Bachelor\xe2\x80\x99s degree

5+ years of experience working in a regulated financial services organization or a highly regulated industry

3+ years of experience working with Canadian banking legislation, laws, industry standards, and regulations as they apply to the financial services sector

3+ years working in a compliance, legal, or audit role

3+ years of experience working in a complex operational environment

At least 1 year of experience using Google Suite of products (Slides, Docs, Sheets, Gmail, Forms, Drive, Sites) and proficiency in Microsoft Excel

Preferred Qualifications:

Familiarity with applicable Canadian regulators (FCAC, OSFI, OPC) and regulations that apply to a credit card business or other financial products

CPA or accounting background, MBA or legal degree

CIPP and/or ACAMS designation is an asset

Knowledge of the FCAC Compliance framework

Strong written and verbal business communication skills

Candidates who are bilingual (English and French) will be preferred

Analytical skills and good judgment are extremely important

Ability to adopt a risk-based approach in making recommendations to implement practical policies and procedures

Ability to work independently with minimal direction and in a team environment

Willingness to continuously upgrade skills and keep informed of compliance and regulatory changes and policy updates through ongoing completion of education programs, and attending seminars and training sessions provided internally and externally

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

Capital One Canada is an equal opportunity employer committed to fostering a diverse and inclusive work environment. We consider all qualified applicants and will meet the needs of those requiring reasonable accommodations.

If you require an accommodation to apply for a job or to perform a job, please contact Capital One Recruiting at 1-800-304-9102 or . 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

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site. 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).

Capital One Canada is an equal opportunity employer committed to fostering a diverse and inclusive work environment. We consider all qualified applicants and will meet the needs of those requiring reasonable accommodations.

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 . 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

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

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).

Capital One