Senior Risk Associate - Financial Crimes Risk Management

Senior Risk Associate – Financial Crimes Risk Management

Are you ready to work on the front line helping to manage financial crimes risk at a top 10 Bank? As a Senior Risk Associate in the Commercial Risk Office at Capital One you’ll be responsible for working with business partners to identify and mitigate potential money laundering risks to Capital One. Senior Risk Associates at Capital One are the front line of defense to ensure our company remains stable and profitable.

Senior Risk Associates at Capital One are highly motivated Risk Management professionals with excellent organizational and communication skills. They have a high level of exposure across lines of business and have the opportunity to create and implement innovative solutions to identify and mitigate potential risks.

As a Commercial Risk Senior Risk Associate on the Financial Crimes Risk Management (FCRM) Team, you will be responsible for working with business partners to help identify, develop and implement innovative strategy solutions to fight money laundering and strengthen the Bank’s end‑to‑end “Know Your Customer (KYC)” processes. FCRM and Commercial Risk associates not only collaborate across the Commercial division, but also have meaningful interactions across the lines of defense with Compliance and Audit, to support well‑managed risk practices and establish mitigation strategies against these risks.

This role will focus on Anti‑Money Laundering (AML) risk management activities and will be responsible for providing guidance to the Line of Business to ensure that they are executing their processes in accordance with the organizational expectations and mandated KYC regulations. You will help disseminate risk‑based guidance tied to second line interactions, including coordinating remediation and management of breakdowns, as well as the development and reporting of key risk indicators (KRIs) to highlight the Bank’s performance to leadership.

In this role, you will apply communication, results focus, and problem solving skills to provide advice, as well as support critical initiatives to improve the Bank’s risk management processes.

Effective communication and reporting to all levels, building partnerships with multiple stakeholders across the lines of defense, and adapting to and managing change in a fast‑paced, dynamic environment are default essentials for this role.

• Lead complex financial crimes risk management initiatives, including the ongoing investigation of process and transaction‑level breakdowns
• Develop key metrics and indicators to demonstrate the effectiveness of Commercial’s AML‑risk management programs
• Leverage innovation skills to enhance the process and control environment to improve the Bank’s overall AML risk profile
• Assist with managing breakdowns and crafting remediation strategies in key systems of record to support multiple stakeholder groups
• Co‑Lead various Risk Assessments for the Commercial Central Know Your Customer (cKYC) Team, including Divisional Risk Assessments, Process Level Assessments (PLAs), Risk and Control Self Assessments (RCSAs), Critical Business Process (CBP) Analysis, and ongoing control assessments
• Support Commercial Bank AML‑related Audits and Exams

• Bachelor's Degree or Military experience
• At least 2 years of Financial Services, Management Consulting, or Risk Management experience

• At least 3 years of demonstrated AML / KYC experience
• At least 3 years of experience with process or project management
• At least 3 years of risk management and/or consulting background in traditional or business banking
• Highly proficient in creating and maintaining information in Microsoft Office (PowerPoint, Excel, and Word) or Google Suite (Slides, Sheets, and Docs)
• Commercial Bank experience

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

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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…