Head of UK Compliance Testing and Assurance

Nottingham Trent House (95002) United Kingdom Nottingham NottinghamshireHead of UK Compliance Testing and AssuranceAbout this roleAs the Head of UK Compliance Testing and Assurance reporting into the UK Chief Compliance Officer (CCO) you will lead the Compliance Testing and Assurance Team and will be responsible for ensuring the effective operation of the Capital One UK Testing and Assurance program.You will support the UK CCO by designing and executing an effective Testing and Assurance Program that includes: Independent Compliance Transaction Testing (ICTT) Compliance Control Reviews (CCR) Product and Process Level Assessments and assessment of Business Change all that builds in the appropriate oversight of Compliance Risks. You will ensure the UK Business adheres to regulatory requirements and that internal processes and controls are appropriately designed and executed to mitigate Compliance Risk.You will lead a team of Compliance Professionals across Testing and Assurance as well as being part of the broader Compliance Leadership Team.What youll doSupport the Chief Compliance Officer and UK Money Laundering Reporting Officer Provide effective support to the Chief Compliance Officer (SMF-16) and to the MLRO (SMF17) in ensuring the Compliance function delivers an effective Compliance Testing and Assurance program which appropriately mitigates Compliance risk for Capital One UKMonitoring Testing and Assurance Responsible for designing and delivering the Testing and Assurance Compliance program and ensure the programReflects and incorporates the outcomes of the Compliance Risk Assessment.incorporates proportionate and considered insights on Capital Ones Compliance risk profileis oriented to solutions to mitigate Compliance risk and enhances the design and operating effectiveness of processes and controlsis communicated with relevant business partners and stakeholders clearly and comprehensively; andis fully compliant with applicable Capital One processes and procedures and builds in best practicesBusiness strategy and Compliance risk Ensure the Testing and Assurance team (as a second line of defence function) understand and drive the compliant delivery of business strategy and support the identification assessment and mitigation of Compliance risk both generally and by their involvement in Capital Ones internal processes and controlsIndependent adviser and challenger Ensure effective independent advice and challenge is provided across core risk assessments (Process Level Assessments Product Level Assessments Risk and Control Self Assessments) and business change processesPeople leadership and talent development Leadership of a team of Compliance professionals and broader leadership within the Compliance function. Partnering with the CCO and MLRO to ensure the Compliance team achieves their potential and talent is invested in and grown appropriatelyCompliance culture Ensure the teams culture is in line with the Compliance Vision and Values and in particular is collaborative embraces feedback and provides an open and inclusive environment in which team members can thriveWhat were looking forStrong experience in Risk Management Risk Assessments and Assurance activities ideally in a regulated Financial Services firmUnderstanding of key regulations that impact a regulated Financial Services firm including : Consumer Duty SYCS CONC DISP AML and GDPRSignificant experience in assessing business risks in relation to Compliance and the ability to identify design and execute a risk-based testing agendaExcellent verbal presentation and written communication skills to confidently interact at all levels of the organisation and to crisply articulate Compliance RiskAn experienced People Leader who creates energy and an environment that fosters trust collaboration and belonging and pushes people to reach their full potentialAn inquisitive mind who embraces and promotes change by challenging conventional thinking and identifying new ways of working.Someone who can develop influential relationships based upon shared objectives and trust to deliver business impact and deliver on the Compliance visionWe are committed to creating a level playing field and seek to create teams that are representative of our customers and the communities we serve. Wed 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 youll workThis is a permanent position based in our Nottingham office.We have a hybrid working model so youll be based in our office 3 days a week on Tuesdays Wednesdays and Thursdays and can work from home on Monday and Friday.Many of our associates have flexible working arrangements and were open to talking about an arrangement that works for you.Whats in it for youBring us all this - and youll be well rewarded with a role contributing to the roadmap of an organisation committed to transformationWe 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 leaveOpen-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.What you should know about how we recruitWe 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 its about what you do not just what you say. Thats 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 alliesOutFront to provide LGBTQ support for all associatesMind Your Mind signposting support and promoting positive mental wellbeing for allWomen in Tech promoting an inclusive environment in techEmpowHER - network of female associates and allies focusing on developing future leaders particularly for female talent in our industryCapital 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.For technical support or questions about Capital Ones recruiting process please send an email to 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).Required Experience:Director Key Skills Marketing & Promotions,Attorney At Law,Jni,Airlines,Art Employment Type : Full-Time Experience: years Vacancy: 1