Overview
Nottingham Trent House (95002), United Kingdom, Nottingham, Nottinghamshire
Head of UK Compliance Testing and Assurance
As the Head of UK Compliance Testing and Assurance, reporting into the UK Chief Compliance Officer (CCO), you will lead the Compliance Testing and Assurance Team and will be responsible for ensuring the effective operation of the Capital One UK Testing and Assurance program. You will design and execute an effective Testing and Assurance Program that includes Independent Compliance Transaction Testing (ICTT), Compliance Control Reviews (CCR), Product and Process Level Assessments, and assessment of Business Change, to provide appropriate oversight of Compliance Risks. You will ensure the UK Business adheres to regulatory requirements and that internal processes and controls are designed and executed to mitigate Compliance Risk. You will lead a team of Compliance Professionals across Testing and Assurance and be part of the broader Compliance Leadership Team.
What Youll Do
* Support the Chief Compliance Officer and UK Money Laundering Reporting Officer. Provide effective support to the Chief Compliance Officer (SMF-16) and to the MLRO (SMF17) in ensuring the Compliance function delivers an effective Compliance Testing and Assurance program which appropriately mitigates Compliance risk for Capital One UK
* Monitoring, Testing and Assurance: Responsible for designing and delivering the Testing and Assurance Compliance program, and ensure the program
o Reflects and incorporates the outcomes of the Compliance Risk Assessment.
o Incorporates proportionate and considered insights on Capital One's Compliance risk profile
o Is oriented to solutions to mitigate Compliance risk and enhances the design and operating effectiveness of processes and controls
o Is communicated with relevant business partners and stakeholders clearly and comprehensively
o Is fully compliant with applicable Capital One processes and procedures and builds in best practices
* Business strategy and Compliance risk: Ensure the Testing and Assurance team (as a second line of defence function) understands and drives compliant delivery of business strategy, and supports the identification, assessment, and mitigation of Compliance risk, both generally and by involvement in Capital One's internal processes and controls
* Independent adviser and challenger: Ensure effective independent advice and challenge across core risk assessments (Process Level Assessments, Product Level Assessments, Risk and Control Self Assessments) and business change processes
* People leadership and talent development: Lead a team of Compliance professionals and contribute to broader leadership within the Compliance function. Partner with the CCO and MLRO to ensure the team achieves its potential and that talent is invested in and grown appropriately
* Compliance culture: Ensure the team’s culture aligns with the Compliance Vision and Values, and fosters collaboration, feedback, openness, and an inclusive environment where team members can thrive
What Were Looking For
* Strong experience in Risk Management, Risk Assessments and Assurance activities, ideally in a regulated Financial Services firm
* Understanding of key regulations that impact a regulated Financial Services firm, including Consumer Duty, SYCS, CONC, DISP, AML and GDPR
* Significant experience in assessing business risks in relation to Compliance and the ability to identify, design, and execute a risk-based testing agenda
* Excellent verbal presentation and written communication skills to confidently interact at all levels of the organisation and to clearly articulate Compliance Risk
* An experienced People Leader who creates energy and an environment that fosters trust, collaboration, and belonging and pushes people to reach their full potential
* An inquisitive mind, who embraces and promotes change by challenging conventional thinking and identifying new ways of working
* Ability to develop influential relationships based on shared objectives and trust to deliver business impact and deliver on the Compliance vision
We are committed to creating a level playing field and seek to create teams representative of our customers and the communities we serve. We welcome applicants from typically under-represented groups in our industry, including women, the LGBTQ+ community and ethnic minority candidates.
Where And How You\'ll Work
This is a permanent position based in our Nottingham office. We have a hybrid working model, so you will be based in our office 3 days a week (Tuesdays, Wednesdays and Thursdays) and can work from home on Monday and Friday. We are open to discussing arrangements that work for you.
What\'s In It For You
* Rewarding role contributing to the roadmap of an organisation committed to transformation
* Strong and diverse career progression with Capital One University training programmes (and appropriate external providers)
* Immediate access to core benefits including pension, bonus, generous holiday entitlement and private medical insurance with flexible benefits (season-ticket loans, cycle to work scheme and enhanced parental leave)
* Open-plan workspaces and accessible facilities; Nottingham head-office includes a fully-serviced gym, subsidised restaurant, mindfulness and music rooms
What You Should Know About How We Recruit
We pride ourselves on hiring the best people, building diverse and inclusive teams. We want to work with top talent: whoever you are, whatever you look like, wherever you come from. Our recruitment process is fair and accessible, and we offer benefits that attract people at all ages and stages.
We also partner with organisations including the Women In Finance and Race At Work Charters, Stonewall and UpReach. Internal networks and support groups include:
* REACH - Race Equality and Culture Heritage group
* OutFront - LGBTQ+ support
* Mind Your Mind - mental wellbeing support
* Women in Tech - inclusive environment in tech
* EmpowHER - network of female associates and allies
Capital One is committed to diversity in the workplace.
If you require a reasonable adjustment, please contact us. All information will be kept confidential and used only for applying a reasonable adjustment.
For technical support or questions about Capital One\'s recruiting process, please email us. Capital One does not provide, endorse nor guarantee third-party products, services, or information available through this site. Capital One Financial is made up of several entities. Positions posted in the UK are for Capital One Europe.
Who We Are
At Capital One, we\'re building a leading information-based technology company. We are guided by our values and strive for collaboration, openness, and respect. We aim to change banking for good.
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