At a Glance
- Tasks: Manage risk and compliance in a dynamic team, ensuring smooth operations and effective controls.
- Company: Join Capital One, a top-rated workplace committed to innovation and inclusivity.
- Benefits: Enjoy competitive salary, extensive career development funding, and generous leave options.
- Other info: Embrace a hybrid work model with opportunities for personal and professional growth.
- Why this job: Make a real impact in the financial services industry while growing your skills.
- Qualifications: Knowledge of payment networks and strong communication skills are essential.
The predicted salary is between 63000 - 77000 £ per year.
Location: Farnborough, London - Hybrid Working Pattern: 2 days in-office and 3 days remote.
About the Role
This role will have a wide range of responsibilities as part of a team managing settlement balancing, reconciliations and system configuration for partners. This position will also be part of the team liaison to the enterprise-wide Legal, Compliance and Business Risk functions. This person will help to develop business-unit specific approaches and ensure accurate and timely implementation across all risk management disciplines and all areas in the International Settlement organization. This individual will support the business compliance and operational risk/control activities within Settlement which may include risk assessment, controls, procedure documentation, process design, control workflow/systems, reporting, testing, remediation and third-party management. This individual will evaluate current operations across International Settlement, to identify areas for enhancements and work with business partners to implement these processes. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.
What you’ll do
- Develop and implement job aids and tools to facilitate efficient completion of policy and standard requirements.
- Maintain an accurate library of risks and controls.
- Perform control design reviews and compliance risk assessments.
- Monitor the risk and control environment for weaknesses and identify solutions to improve the effectiveness and efficiency of controls.
- Execute control testing plans.
- Provide education to DCI SS employees on requirements of company policies and standards related to risk and control ownership, the development and execution of new products and services and control testing.
- Ensure effective identification and implementation of controls to manage operational, financial and compliance risks.
- Act as subject matter expert on efficient processes to maintain an accurate library of Settlement’s risks and controls.
- Oversee timely completion of control design reviews and compliance risk assessments.
- Create and distribute monthly risk reporting and complaints data.
- Lead customer complaint remediation projects.
What we’re looking for
- Cross functional knowledge of the Payment Network Industry focusing on Financial Services, Compliance, Internal Audit, Risk or Operations.
- Google Suite knowledge and expertise, particularly in AI (Gemini and GEMS).
- Effective written and verbal communication skills with all levels of employees and management; including managing expectations, communicating issues, risks and opportunities.
- Certification in Control Self Assessment, Certified Internal Auditor, Certified Public Accountant (CPA) or Certified Regulatory Compliance Manager.
Where and how you'll work
This is a permanent position based in our Farnborough office. We embrace a hybrid approach to work. You'll spend two days a week in the office.
What’s in it for you
We invest in the growth of our people alongside our business. You will have extensive opportunities to learn and develop your career, including access to up to £5,000 in funding for external qualifications. In addition to career development, our comprehensive benefits package is designed to grow with you, ensuring your wellbeing is prioritised at every stage of your career:
- Wealth & Future: Competitive pension and performance-based bonus schemes.
- Holidays: Start with 25 days of annual leave, increasing with tenure. Need more? You have the option to buy 5 additional days.
- Health: Access premium care through our private medical insurance.
- Family Support: We champion your milestones with enhanced parental leave.
A full list of our benefits is available here.
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. We value diversity, inclusion and belonging at our core. We empower our associates to do great work by creating an inclusive culture - one that values diverse perspectives, fosters collaboration and encourages innovative ideas and a place where associates of all backgrounds can thrive by bringing their most authentic selves to work. We call this our Culture of Belonging, and it rests at the heart of our business.
Our associate-led Business Resource Groups were created to help support our diverse population and include over 10 groups across our offices. Because each Business Resource Group is as unique as the population it serves, they offer a range of activities, networking opportunities, special events and learning programmes to associates. Capital One is committed to diversity in the workplace.
If you require a reasonable adjustment, please contact ukrecruitment@capitalone.com. 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 Careers@capitalone.com.
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).
Who We Are
At Capital One, we're building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding. Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.
Principal Associate - Risk and Compliance in Farnborough employer: Capital One (Europe) plc
At Capital One, we pride ourselves on being a top employer, consistently recognised for our inclusive culture and commitment to employee growth. Our Nottingham office offers a vibrant work environment with modern amenities, extensive training opportunities, and a comprehensive benefits package that prioritises your wellbeing and career development. Join us in a hybrid working model that fosters collaboration and innovation while allowing you the flexibility to thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Associate - Risk and Compliance in Farnborough
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Capital One (Europe) plc looking for candidates who are engaged and informed.
We think you need these skills to ace Principal Associate - Risk and Compliance in Farnborough
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Capital One (Europe) plc. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Capital One (Europe) plc
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Capital One (Europe) plc’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
