Capital One

Financial Services

Director,NetworkCompliance

$206–235k McLean, Virginia, United States FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Director candidates.

The Brief

“Director, Network Compliance at Capital One. Skills: Network compliance, Risk management, Regulatory requirements. Analyze risk management framework. Provide compliance risk advice”

Industry & Context.

Financial Services
Problems you'll solve

Integrated problem solving

What They're Looking For.

Must Have

Bachelor's Degree or military experience, 10 years legal, compliance, or risk management experience OR 9 years regulatory experience in consumer financial services or payments industry, 5 years developing, evaluating or implementing cybersecurity, technology or risk assessment activities

Nice to Have

Master's degree or Juris Doctorate

What You'll Do.

Analyze risk management framework

Provide compliance risk advice

Advise business leaders on regulatory requirements

Develop understanding of business processes

Identify compliance risks

Maintain subject matter expertise

Apply compliance requirements to business expansions

Ensure compliance controls during product planning

Conduct impact assessments on regulations

Develop relationships with peers

Support regulatory exam preparation

Manage Compliance Advisory Team

Coach Compliance Advisory Team

Participate in reporting activities

Provide challenge to technology teams

Ensure adherence to policies

Ensure adherence to regulatory requirements

Align product launches with network rules

Align process changes with network rules

Review network partner engagements

Mitigate conflicts of interest

Conduct regulatory risk assessments

Provide challenge during strategic planning

Solve customer problems

Drive organizational alignment

How You'll Work.

Team & Collaboration

First and second line functions; Business Risk, Legal, and Audit peers; Cross functional teams

Communication Scope

Organizational skills; Leadership skills; Communication skills

Full Job Description

Director, Network Compliance The Director, Network Compliance will perform a key risk management role in the second line of defense for Capital One’s network and merchant businesses to help establish and implement the framework for the network compliance program. The Director, Network Compliance is a critical member of the team responsible for delivering effective challenge and compliance advice for business processes worldwide, as well as serving as a subject matter expert to ensure the development of the network compliance program at Capital One aligns with the company’s broader enterprise risk management framework. Director, Network Compliance at Capital One are highly motivated Risk Management professionals with excellent organizational, leadership and communication skills. They have a high level of exposure to business leaders and the opportunity to work with executives to create and implement innovative solutions to identify and mitigate potential risks to the company. ****Responsibilities:**** * Collaborate with first and second line functions to analyze the risk management framework for network and merchant services. * Provide expert advice and effective challenge on compliance risks impacting network and merchant businesses. * Advise business leaders on regulatory requirements and provide guidance on policies, standards, and procedures. * Develop expert-level understanding of global network and merchant business processes. * Proactively identify trends in business data and emerging external network payments compliance risks. * Maintain subject matter expertise in the broader payments industry and applicable global laws and regulations. * Ensure ongoing application of compliance requirements to business expansions and new products. * Provide effective challenge during network-dependent product planning to ensure necessary compliance controls are in place. * Conduct impact assessments on new network-related regulations (e.g., interchange fees) to ensure strat

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