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Capital One Compliance Advisory Senior Manager in Richmond, Virginia

77 West Wacker Dr (35012), United States of America, Chicago, Illinois

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.

Compliance Advisory Senior Manager

Job Description

Title: AML Compliance Advisory Senior Manager

Level: Sr Manager

Job Description:

The AML (Anti-Money Laundering) Compliance Advisor Senior Manager performs a key risk management role in the second line of defense, helping to ensure corporate initiatives and lines of business processes comply with applicable AML and associated laws and regulations. While working within the AML Program framework, the AML Compliance Advisor Manager is responsible for delivering quality results by:

-Providing AML subject matter expertise, guidance and consultation regarding AML requirements applicable to any new or modified product or service or other initiatives introduced by or impacting Card Partnerships

-Providing effective challenge and guidance on AML compliance risks and supporting business line through various interactions and forums;

-Leading and advising on due diligence and integration efforts;

-Assessing operational breakdowns for AML compliance risk and providing guidance on remediation/recovery plans;

-Providing guidance on controls over AML compliance requirements and business line monitoring of those controls; and

-Performing risk-based design reviews of business line controls and providing guidance on identified risks.

Responsibilities:

-Maintain subject matter expertise of applicable laws and regulations within the Compliance Risk Management framework

-Maintain understanding of business line operating processes, strategies, products, and services

-Provide effective challenge and guidance on AML compliance risks and support business line through various interactions and forums

-Support business line by providing expert advice and influencing changes to processes, procedures, and controls to mitigate AML compliance risk

-Determine and advise business line on AML compliance requirement applicability for new or modified products and processes and resulting from changes in laws or regulations

-Support and advise business during new product and initiative implementation, and during integration of acquired companies or portfolios

-Engage in Audit, Regulatory, and other reviews of first and second line AML programs

-Review new/revised business line policies, standards and procedures

-Help business line determine appropriate training audience, delivery channel(s), and training frequency for AML compliance training

-Review business line training materials with AML compliance-related content for accuracy and completeness

-Provide business line guidance on developing and executing controls and monitoring plans associated with mitigating AML compliance risk

-Assess operational breakdowns for AML compliance risk and provide guidance on remediation/recovery plans

-Identify trends in data and advise on identified emerging risks

-Review business line performance and escalate high risks and issues

-Communicate AML compliance risk appetite and key performance metrics to business line and monitor business plans to ensure compliance risk remains within approved appetite

-Evaluate Internal Audit, regulatory exam, and self-identified issues and events for compliance impacts

-Monitor external compliance environment, emerging risks, regulatory focus areas

Basic Qualifications:

-High School Diploma or GED

-At least 5 years of experience in AML compliance risk management working with AML laws and regulations

  • At least 2 years of advisory experience

Preferred Qualifications:

-Bachelor’s Degree

-8 years of experience in AML compliance risk management working with AML laws and regulations

  • 5 years of advisory experience

-Certified Anti-Money Laundering Specialist (CAMS)

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

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