Senior Compliance Analyst
EarnestSalary not specified
Full Time
Junior (1 to 2 years)
Risk Specialist, Community Reinvestment Act at Capital One
Richmond, Virginia, United States
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, BankingIndustries
Requirements
- Strong analytical, problem-solving, oral and written communication skills
- Strong organizational skills and ability to effectively prioritize
- Very strong attention to detail with the ability to focus on data and quality control
- Demonstrated ability to work independently, perform and influence others in a fast-paced environment
- Lives for highly detailed work and quality control
- Thrives in a dynamic environment managing multiple deliverables at the same time
- Relishes researching and interpreting data from a variety of sources
- Appreciates a balance of working independently and as part of a team
Responsibilities
- Collect documentation, analyze information and qualify/validate CD activities
- Utilize data management/workflow systems to ensure data integrity of CD activities
- Support quality assurance/audit reviews to ensure data integrity and process consistency
- Develop and/or maintain formal process documentation including job aids and other procedural documents
- Assist in gathering data and preparing for CRA examinations, internal audits and controls testing
- Participate in and execute special projects and effectively manage assigned deliverables
- Identify opportunities and actively engage in efforts that improve or streamline qualification processes
- Act as subject matter expert and provide consulting or advisory services to business or internal partners on an as needed basis
- Provide assistance and actively participate in technology-related projects and other initiatives related to regulatory compliance
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What are the main responsibilities of the Risk Specialist, Community Reinvestment Act role?
Responsibilities include collecting documentation, analyzing information and qualifying/validating Community Development (CD) activities, utilizing data management/workflow systems to ensure data integrity, and supporting quality assurance/audit reviews.
What skills or traits make someone a good fit for this position?
Ideal candidates live for highly detailed work and quality control, thrive in dynamic environments managing multiple deliverables, relish researching and interpreting data from various sources, and appreciate balancing independent and team work.
Is this a remote or on-site position?
This information is not specified in the job description.
What is the salary or compensation for this role?
This information is not specified in the job description.
What is the team structure or work environment like in this role?
The role involves partnering and engaging with other team members to collaboratively clarify data points, within the CRA Strategy & Program Management team that works with lines of business across the enterprise, balancing independent work and teamwork.
Capital One
Offers diverse financial products and services
About Capital One
Capital One provides a variety of financial services aimed at making banking accessible and easy for everyone. The company offers products such as credit cards, savings accounts, car loans, and business checking accounts, catering to both individual consumers and small businesses primarily in the United States. Capital One's approach includes user-friendly banking solutions with no fees or minimums for checking accounts, allowing customers to manage their finances more effectively. They generate revenue through interest on loans, credit card fees, and investment banking services. What sets Capital One apart from its competitors is its strong commitment to financial inclusion and literacy, demonstrated through community partnerships and educational initiatives, such as collaborations with Khan Academy. The company's goal is to create a more inclusive financial system and empower customers with the knowledge and tools they need to make informed financial decisions.
McLean, VirginiaHeadquarters
2014Year Founded
$15.9MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees
Benefits
Medical, Dental, & Vision coverage
Onsite Health Centers
Prescription saving with network of local pharmacies
Stock Purchase Plan
Education Assistance
401(k)
Flexible Spending Accounts
Life and Disability insurance
Generous paid time off + corporate & floating holidays
Registered dieticians on site, cooking classes and free virtual fitness classes
Employee Assistance Program
Risks
Increased competition in subscription management tools may dilute Capital One's advantage.
Over-reliance on partnerships could expose Capital One to technological risks.
Departure of key personnel like Joe Rodriguez may affect risk management continuity.
Differentiation
Capital One offers user-friendly banking with no fees or minimums for checking accounts.
The company partners with Khan Academy to provide financial literacy education.
Capital One is the first major U.S. bank to offer subscription management tools.
Upsides
Capital One's mobile app is a model for secure, user-friendly digital banking.
Data sharing with Worldpay enhances payment security and fraud prevention.
Partnerships with fintechs like Minna Technologies improve customer experience.
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