Director, Compliance Advisory

161 Bay Street (93021), Canada, Toronto,Toronto, Ontario,
Director, Compliance Advisory
Our Capital One Compliance Advisory Team.
Yes, we're a credit card company. But we're more than that too. We're driven by what our customers want, and how to make their lives simpler.
We're always looking for creative ways to offer digital solutions that make sense for our customers. With your help, we'll build the next generation of banking in Canada based on customer-focused values, compelling products and great engineering.
As Director, Compliance Advisory, you will bring together leadership, compliance expertise, and relationship management to help our technology-focused business be dynamic and well-controlled. You will lead a team that provides expert advice to the business on regulatory matters. You thrive in an agile, fast-paced environment and have a strong background in financial industry regulations. You are a strong relationship builder who has experience with influencing and consulting with a diverse group of business leaders and corporate stakeholders.
Working with us
How do we do things at Capital One Canada? We listen - to our people, and to our customers. We change with the times and have adopted a flexible hybrid model. Associates working in the hybrid model are expected to come into the office 3 days a week across Tuesdays and Thursdays, reserving Mondays and Fridays as company-wide virtual days. As was true before the pandemic, expectations of being in the office will be balanced with personal life flexibility. We recognize that everyone has a unique working pattern so we're open to discussing flexible working arrangements that will best accommodate you.
At Capital One we're committed to diversity, inclusion and belonging . We strive to build a culture where diverse perspectives are valued, innovative ideas are encouraged and inclusive behaviours are embedded in everything we do to positively impact associates. Strive to build a culture where diverse perspectives are valued, innovative ideas are encouraged and to help challenge the status quo and create the best outcomes for everyone.
We're focused on helping associates live well-physically, financially and emotionally. When you join us, we support you and those who are most important to you, offering full coverage for spouses, domestic partners, and dependents. We've designed our benefits program to be flexible, comprehensive and consistent across our organization. From health and fitness center discounts, to training and professional development programs-and much more-you'll discover that Capital One is committed to helping you live your best life.
A day in the life of a Capital One Director, Compliance Advisory.
Responsibilities:

• Lead the Compliance Advisory team, which is responsible for providing expert compliance advice on business initiatives and processes;
• Provide advice on regulations impacting new and existing products;
• Provide advice and guidance to the business on the implementation of regulatory changes;
• Lead the completion of risk assessments under the Enterprise Risk Management Framework, including regulatory applicability assessments;
• Create and track Compliance-led training;
• Provide Compliance support with third party contracts;
• Support the Deputy Chief Compliance Officer, as a liaison with Canadian regulators, including OSFI and the FCAC, and, where applicable, US regulators;
• Evaluate new ventures, products, services, and marketing initiatives for Compliance risk, and advise leadership on mitigation strategies;
• Understand expectations from external entities, such as auditors and regulators, and partner with the Canadian Bankers' Association and other industry trade associations to represent the views of Capital One Canada;
• Manage team of compliance advisors to bring the latest thinking to compliance monitoring, reporting, and escalation;
• Create, review, and amend policies designed to mitigate compliance risk; and
• Effectively manage a team of Compliance professionals with an emphasis on career development for the team members.

More details on the scope of the position:

• Identify emerging regulatory risks;
• Driving changes to ensure risks are appropriately mitigated and compliance oriented processes remain effective;
• Ensure Compliance associates remain current on regulatory changes, continuously develop their skills, meet Compliance Management Program (CMP) expectations, and provide effective business support and challenge;
• Ensure effective development, management, and execution of all applicable aspects of the CMP for Capital One Canada, including system of record governance, applicability of laws and regulations, oversight of business implementation of new laws and regulations, and support of Issue and Event management; and
• Perform other related work as assigned by the Deputy Chief Compliance Officer or other Compliance leaders.

Basic Qualifications:

• At least 10 years of experience in compliance, risk management, or a legal role within a financial institution
• At least 6 years of experience in people management;
• At least 5 years of experience working with audit and regulatory exams;
• Proven record of innovation and process improvements; and
• Ability to work in a fast-paced work environment with an ability to influence others. We may use your information for automated decision making.

About Capital One Canada
We've been helping millions of Canadians for over 20 years by providing them with access to credit when others wouldn't. We're on a journey to put our customers first, and keep them there, by building modern technology solutions to simplify and humanize the world of credit cards. We have the positive energy of a startup, with the advantages of a big company.
We may use your information for automated decision making. We may, for certain purposes, render a decision based exclusively on automated processing of your personal information as a part of the candidate screening process.
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 [email protected] . 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 [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).