Director, Anti- Laundering; AML Risk Assessments and Regulatory Strategy

Director, Anti-Money Laundering (AML) Risk Assessments and Regulatory Strategy

Capital One’s Anti-Money Laundering (AML) Program is a core risk management function within Capital One’s Enterprise Risk Organization. Capital One has a highly motivated, mission-driven AML and sanctions team focused on enabling rigorous, nimble, and sustainable risk management, delivered through partnership between the first, second, and third lines of defense, and tailored to Capital One’s products, services, risks, and capabilities.

Capital One is seeking an experienced risk manager to lead a team of AML professionals tasked with providing holistic end-to-end AML risk assessment, regulatory strategy, and control evaluation services. The successful candidate will be a visible leader who will represent the AML program with business and risk management leaders as well as external regulatory authorities.

Responsibilities :

• Design and maintain a multi-year AML Strategic Roadmap that aligns with Capital One’s innovative approach to new products and services (e.g., global payment network, international payments) and expansion into new markets.

• Lead the delivery of the enterprise-wide money laundering and sanctions risk assessments, targeted risk assessments, and periodic control effectiveness reviews.

• Develop and integrate dynamic risk assessment processes into AML reviews and decision making.

• Monitor relevant financial crime regulatory requirements and typologies, and advise investigations, analytics, product, and technology teams on the deployment of controls to mitigate AML risks.

• Lead second-line compliance control reviews, providing assurance that Capital One’s AML controls are designed and operating effectively to mitigate financial crime risk and are in compliance with Enterprise Risk Management (ERM) standards.

• Serve as a key liaison during regulatory examinations, audits, and other programmatic reviews.

• Build strong partnerships and collaborate with business, technology, and other stakeholders to reach optimal business and risk management outcomes in a dynamic and fast-moving environment.

• Maintain and update AML’s guidance for first-line assessments and product, service, industry, and transaction risk ratings.

Critical Competencies :

• Demonstrated ability to formulate a strategic vision for a risk management, compliance, or regulatory organization while providing meaning, context, and motivation to execute strategic priorities

• Understand and embrace the power of technology, analytics, and automation

• Strong business judgment, analytical acumen, and the ability to evaluate complex, multi-dimensional situations and risk characteristics and to formulate appropriate compliance recommendations and advice

• Proven capability to influence and build consensus among peers and senior leadership leveraging sound logic and analysis

• Highly developed interpersonal, presentation, and communications skills (both verbal and written)

• Proven ability to effectively lead teams through strategic initiatives and organizational changes with ability to connect, influence and deliver results.

Basic Qualifications :

• Bachelor’s Degree or Military experience

• At least 5 years in legal, compliance, regulatory, or risk management roles with a focus on Anti-Money Laundering

• At least 5 years of people management experience

Preferred Qualifications :

• Master’s Degree or Juris Doctorate degree

• 5+ years of experience at the U.S Treasury Department, U.S. Department of Justice, or as a prudential regulator

• 10+ years in legal, compliance, regulatory, or risk management roles with a focus on Anti-Money Laundering

• 10+ years of people management experience

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.

Chicago, IL:…