Anti-Money Laundering (AML) Compliance Advisor Manager

Anti-Money Laundering (AML) Compliance Advisor Manager

The Anti-Money Laundering (AML) Compliance Advisor 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 the Card Line of Business, with a focus on 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, integration and conversion 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, ICTT 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
• Work with the Enterprise KYC Team to develop appropriate multi-year KYC strategy for Card Partnerships
• Drive internal AML projects within Card and other LOBs as appropriate
• May provide Advisory support to other areas, including U.S. Card, Small Business Card and/or Enterprise Services, as appropriate

Basic Qualifications:

• Bachelor's degree or military experience
• At least 3 years of Anti-Money Laundering (AML) Compliance experience
• At least 3 years of experience in Compliance, Legal, or Audit

Preferred Qualifications:

• 6+ years in AML Compliance experience
• 2+ years of Compliance Advisory Experience
• Certified Anti-Money Laundering Specialist (CAMS) or Certified Regulatory Compliance Manager (CRCM)

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