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Full-time
bachelor degree, postgraduate degree
Pension Scheme, Bonus, Generous Holiday Entitlement, Private Medical Insurance, Season-ticket Loans, Cycle To Work Scheme
Posted 35d ago
~40 hrs/week
Responsibilities
The role involves providing risk management and compliance advice for network and merchant businesses within the second line of defence. The manager will analyze business processes to ensure alignment with global legal inventories and the enterprise risk management framework.
Requirements
Candidates need a bachelor's degree and significant experience in legal, compliance, or risk management within the payments or consumer financial services industry. Strong leadership, communication, and a deep understanding of regulatory requirements are essential.
Full job description
The Ark (95988), United Kingdom, London,Network Compliance Senior Manager
About this role
The Network Compliance Senior Manager will perform a key risk management role in the second line of defence for Capital One’s network and merchant businesses to help implement the framework for the network compliance program.
The Network Compliance Senior Manager 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.
Senior Managers in 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.
What you'll do:
Utilizing subject matter expertise, provide advice and effective challenge on the compliance risks impacting the network and merchant businesses through both formal and informal engagements
Develop expert-level understanding of network and merchant business processes
Analyse business processes and determine applicability of laws and regulations based on Capital One’s global legal inventory
Proactively identify trends in business data and demonstrate appreciation of network payments compliance risks, including emerging external risks
Maintain subject matter expertise in the broader payments industry and applicable laws, rules and regulations
Collaborate with first and second line functions to analyse the existing risk management program framework and applicability to the network and merchant services business; educate and influence risk management colleagues and senior leaders with respect to nuanced or specialized considerations, as necessary
Ensure ongoing application of compliance requirements to business expansions and new products, including as the network and merchant businesses engage with new downstream entities, evaluate new opportunities for card acceptance, or develop new products
Develop strong relationships with Business Risk, Legal, and Audit peers to support the ongoing network compliance integration
What we're looking for:
Strong organizational skills, clear results orientation, and focus on achieving both short and long term goals
Successful track record of thriving in both a highly regulated industry and a fast paced, entrepreneurial, and dynamic environment
Collaborative, solution-oriented mindset with solid teamwork skills; ability to build and leverage the capabilities of a high-performing team
Highly developed interpersonal, presentation, and communications skills (written and oral) coupled with strategic influencing skills and the ability to drive agreement through intellect, interpersonal, and negotiation skills
Ability to balance operating independently with appropriate escalation and interaction with senior leadership
Ability to thrive as a team player and interact with associates across functions, departments, and job levels, both inside and outside the Compliance Department;
Understanding of key regulatory requirements and three lines of defence risk management framework
What we're looking for
Bachelor's Degree or relevant experience
A compliance specific skillset/knowledge
Significant experience in legal, compliance, or risk management OR relevant regulatory experience in consumer financial services or payments industry
An advanced degree, including Doctorate or Master’s degree is desirable
We are committed to creating a level playing field and seek to create teams that are representative of our customers and the communities we serve. We’d love to hear from you if you identify with a typically under-represented group in our industry and are particularly keen to hear from women, the LGBTQ+ community and ethnic minority candidates.
Where and how you'll work
This is a permanent position and can be based in either our Nottingham or London offices.
Our hybrid working model offers you the flexibility to work from our offices and from home, when you need to.
We're big on collaboration and connection, and so generally encourage our associates to use our offices on Tuesdays, Wednesdays and Thursdays.
The number of days you spend in the office will usually be led by the type of work you’re doing, and the hybrid working patterns of the people you partner most closely with.
Many of our associates have flexible working arrangements, and we're open to talking about an arrangement that works for you.
What’s in it for you
Bring us all this - and you’ll be well rewarded with a role contributing to the roadmap of an organisation committed to transformation
We offer high performers strong and diverse career progression, investing heavily in developing great people through our Capital One University training programmes (and appropriate external providers)
Immediate access to our core benefits including pension scheme, bonus, generous holiday entitlement and private medical insurance – with flexible benefits available including season-ticket loans, cycle to work scheme and enhanced parental leave
Open-plan workspaces and accessible facilities designed to inspire and support you. Our Nottingham head-office has a fully-serviced gym, subsidised restaurant, mindfulness and music rooms. In London, you can heighten your mood with a run on our rooftop running track or an espresso at the Workshop Coffee café
What you should know about how we recruit
We pride ourselves on hiring the best people, not the same people. Building diverse and inclusive teams is the right thing to do and the smart thing to do. We want to work with top talent: whoever you are, whatever you look like, wherever you come from. We know it’s about what you do, not just what you say. That’s why we make our recruitment process 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 to find people from every walk of life and help them thrive with us. We have a whole host of internal networks and support groups you could be involved in, to name a few:
REACH – Race Equality and Culture Heritage group focuses on representation, retention and engagement for associates from minority ethnic groups and allies
OutFront – to provide LGBTQ+ support for all associates
Mind Your Mind – signposting support and promoting positive mental wellbeing for all
Women in Tech – promoting an inclusive environment in tech
EmpowHER - network of female associates and allies focusing on developing future leaders, particularly for female talent in our industry
Capital One is committed to diversity in the workplace.
If you require a reasonable adjustment, please contact [email protected] All information will be kept confidential and will only be used for the purpose of applying a reasonable adjustment.
For technical support or questions about Capital One's recruiting process, please send an email to [email protected]
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).
Related keywords
Network ComplianceMerchant ServicesRisk ManagementPayments IndustryRegulatory ComplianceSecond Line Of DefenceFinancial ServicesEnterprise Risk ManagementLegal InventoryCard Acceptance
At Capital One, we're making things better for our customers and associates through innovation and collaboration. We were founded on the belief that everyone deserves financial freedom—and are dedicated to a world where all have equal opportunity to prosper.
Banking is in our DNA, but we are so much more than a bank. We always think about what’s next—and how we can bring our customers the tools needed to improve their financial lives. Your ideas, experiences and skills will help make banking better. You’ll be part of a supportive culture while earning amazing benefits. That’s life at Capital One.
Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws.
View our Social Media Community Guidelines https://www.capitalone.com/digital/social-media/
Offices: 1680 Capital One Drive, McLean, Va 22102, US · 8020 Towers Crescent Dr, Vienna, VA 22182, US · 2 Bethesda METRO Center, Bethesda, MD 20814, US
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