At a Glance
- Tasks: Lead risk management for network compliance and provide expert advice on compliance risks.
- Company: Join Capital One, a leading tech-driven financial services company.
- Benefits: Enjoy competitive salary, flexible working, and extensive career development opportunities.
- Other info: Diverse and inclusive workplace with excellent support networks and career progression.
- Why this job: Make a real impact in a dynamic environment while collaborating with top professionals.
- Qualifications: Experience in compliance or risk management, strong communication skills, and a collaborative mindset.
The predicted salary is between 60000 - 75000 £ per year.
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.
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. All information will be kept confidential and will only be used for the purpose of applying a reasonable adjustment.
Network Compliance Senior Manager in Coventry employer: Capital One UK
Capital One is an exceptional employer that fosters a collaborative and inclusive work culture, offering employees the flexibility of a hybrid working model between our vibrant London and Nottingham offices. With a strong commitment to employee development through extensive training programmes and a focus on diversity, associates are empowered to thrive in their careers while enjoying competitive benefits such as generous holiday entitlement and wellness facilities. Join us to be part of a transformative journey in the financial services industry, where your contributions will make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Network Compliance Senior Manager in Coventry
✨Tip Number 1
Network, network, network! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. You never know who might have a lead on your dream job!
✨Tip Number 2
Prepare for interviews like a pro! Research the company, understand their values, and think about how your skills align with their needs. Practise common interview questions and come up with examples that showcase your experience in compliance and risk management.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. It’s also a chance to reiterate why you’re a great fit for the Network Compliance Senior Manager position.
✨Tip Number 4
Don’t forget to apply through our website! We love seeing applications directly from candidates who are genuinely interested in joining us at Capital One. Plus, it helps us keep track of your application more efficiently!
We think you need these skills to ace Network Compliance Senior Manager in Coventry
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Network Compliance Senior Manager role. Highlight your relevant experience in risk management and compliance, and show how your skills align with what we're looking for.
Showcase Your Expertise:Use your written application to demonstrate your subject matter expertise in network compliance and risk management. Share specific examples of how you've tackled compliance challenges in the past to make your application stand out.
Be Clear and Concise:Keep your writing clear and to the point. Use bullet points where appropriate to make it easy for us to see your key achievements and skills. Remember, we appreciate strong communication skills!
Apply Through Our Website:We encourage you to apply directly through our website. This way, you can ensure your application reaches us quickly and efficiently, and you'll have access to all the latest updates about the role.
How to prepare for a job interview at Capital One UK
✨Know Your Compliance Stuff
Make sure you brush up on your knowledge of compliance regulations and risk management frameworks. Familiarise yourself with Capital One's specific compliance requirements and how they relate to network and merchant businesses. This will show that you're not just a candidate, but a potential expert who can hit the ground running.
✨Showcase Your Leadership Skills
As a Network Compliance Senior Manager, you'll need to demonstrate strong leadership abilities. Prepare examples from your past experiences where you've successfully led teams or influenced senior leaders. Highlight your collaborative mindset and how you've built high-performing teams in fast-paced environments.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and ability to handle compliance challenges. Think about past situations where you identified risks or implemented solutions. Be ready to discuss your thought process and the outcomes of your actions.
✨Build Rapport with Interviewers
During the interview, focus on building a connection with your interviewers. Ask insightful questions about their experiences at Capital One and share your own relevant stories. This will not only make you memorable but also demonstrate your interpersonal skills, which are crucial for this role.