Anti- Laundering - Compliance Advisor Manager

Anti-Money Laundering - Compliance Advisor Manager

The Anti-Money Laundering (AML) Fraud Compliance Advisor Manager performs a key risk management role (second line of defense), to help ensure corporate initiatives and lines of business processes comply with applicable AML laws and regulations. While working within the Compliance Management Program framework, the Compliance Advisor Manager is responsible for providing AML compliance advice to lines of business and the AML Fraud investigations group as a subject matter expert, and executing or participating in corporate processes.

The Compliance Advisor Manager supports the line of business by:

• Providing input on business AML regulatory requirements;

• Providing guidance on business policies, standards, and procedures;

• Leading and reviewing department training, as appropriate;

• Providing AML compliance advice on complex projects;

• Providing guidance on controls over regulatory AML requirements and line of business monitoring of those controls;

• Performing targeted tests on lines of business controls and providing guidance on identified risks;

• Partnering with other second line of defense functions, such as Enterprise External Fraud, to provide effective challenge to lines of business on the design and execution of their fraud programs;

Responsibilities:

• Reviewing issues generated by lines of business and providing guidance on remediation; escalating and facilitating with subject matter experts, when necessary;

• Identifying trends in data and advising on identified AML compliance emerging risks;

• Maintaining subject matter expertise of applicable AML laws and regulations and fraud trends and typologies;

• Maintaining expert understanding of Compliance Risk Management Framework and applicable laws and regulations;

• Performing and reviewing control assessments executed by peers for accuracy and adherence to test procedures;

• Evaluating Internal Audit, Regulatory Exam, and self-identified issues and events for AML compliance impacts;

• Providing effective challenge and guidance on AML compliance risks and supporting lines of business through execution of large initiatives, such as new product launches and mergers, as well as regular interactions and forum engagements;

• Advising lines of business on application of AML compliance requirements, such as: new products, process development, development of controls and monitoring, remediation/corrective action of compliance breakdowns, and change in law or regulation;

• Assisting lines of business in the development and maintenance of the Compliance Program, such as how to monitor, report, and train;

• Supporting lines of business through expert advice, influencing adjustments to the processes, procedures, and controls;

• Conducting targeted validations and reviews on controls over applicable AML regulations;

• Active involvement with compliance testing and third-party compliance;

• Assisting in capturing, maintaining, and analyzing compliance data, interpreting it to ensure consistency and adequate compliance risk management;

• Flexibility to periodically travel to various Capital One locations, as necessary;

Basic Qualifications:

• Bachelor’s Degree or military experience;

• At least 5 years of fraud or Anti-Money Laundering (AML) experience, or in an audit or legal role supporting fraud or AML;

• At least 5 years of experience supporting, partnering, and interacting with internal business clients;

Preferred Qualifications:

• 3 years of experience with credit card fraud or auto lending fraud;

• 5 years of experience in an advisory or consultant capacity;

• 7 years of fraud or Anti-Money Laundering (AML) experience, or in an audit or legal role supporting fraud or AML;

• Certified Fraud Examiner (CFE), Certified Regulatory Compliance Manager (CRCM), Association of Certified Financial Crime Specialists (CFCS), or Association of Certified Anti-Money Laundering Specialists (ACAMS) 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…