Principal AML Compliance Advisor

Category

Risk Management

Experience

Principal Associate

Primary Address

McLean, Virginia

Overview

The KYC Advisor Associate performs a key risk management role (second line of defense) to help ensure corporate initiatives and lines of business processes comply with applicable laws and regulations. The role will collaborate across multiple lines of businesses and teams to deliver KYC requirements and monitor compliance with regulatory standards. The KYC Advisor Associate is responsible for delivering quality and timely results, providing compliance advice to business lines as a KYC subject matter expert, and executing or participating in corporate risk management processes.

Responsibilities:

• Maintain subject matter expertise of applicable anti-money laundering laws and regulations and support business lines by providing guidance on KYC compliance requirements

• Assist with establishing enterprise KYC standard/policy intent and review new/revised business line KYC policies, standards and procedures to ensure alignment

• Ensure KYC standard/policy is consistently applied across the lines of business

• Support KYC assessments to identify and address KYC gaps and areas of opportunities

• Assess operational breakdowns for KYC compliance risks and uncover data issues with significant KYC implications

• Leverage understanding of systems, data, and processes to identify root causes for KYC issues and recommend/lead related remediation efforts

• Ensure preventive and detective KYC controls and monitoring programs are in place and provide adequate coverage

• Provide effective challenge and guidance on KYC compliance risks and support business line through various interactions and forums; influence changes to processes, procedures, and controls to mitigate KYC compliance risk

• Review business line training materials with KYC compliance related content for accuracy and completeness.

• Support and communicate compliance risk appetite and key performance metrics to business lines

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

• Monitor external KYC compliance environment, emerging risks, and regulatory focus areas.

• Analyze root causes of KYC compliance and risk issues.

The Person:

• Strong critical thinking, written and verbal communication skills, including experience in strategic and senior level communication

• Demonstrated ability to work in a continually evolving and dynamic environment

• Ability to build partnerships with others outside of their own team and influence others to ensure team’s success

• Exhibit drive for accomplishing tasks/delivering results and persist when faced with significant difficulties or resistance

• Analytical background with the ability to analyze data and reporting to create thoughtful and comprehensive reporting for key metrics

• Strong understanding of Anti-Money Laundering (AML) risk management practices, including regulatory requirements

Basic Qualifications:

• High School Diploma, GED, or equivalent experience

• At least 3 years of regulatory compliance experience, or at least 3 years or risk management experience, or at least 3 years of financial services industry experience

• At least 3 years of experience in financial services, or Anti-Money Laundering (AML) functions, or compliance risk management, or Anti-Money Laundering (AML) project management.

Preferred Qualifications:

• Associates Degree

• 5+ years of regulatory compliance experience, or at least 5 years or risk management experience, or at least 5 years of financial services industry experience

• 5+ years of experience in financial services, or Anti-Money Laundering (AML) functions, or compliance risk management, or Anti-Money Laundering (AML) project management.

• Previous experience supporting programs where senior leaders and external stakeholders are your customers

• Certified Anti-Money Laundering Specialist (CAMS) and/or Certified Regulatory Compliance Manager (CRCM) certification

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

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [email protected]. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to [email protected]

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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).