Anti-Money Laundering (AML) Compliance Advisor Manager

Overview 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

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: $138,100 - $157,700 for Compliance Advisor Manager

McLean, VA: $151,900 - $173,400 for Compliance Advisor Manager

Plano, TX: $138,100 - $157,700 for Compliance Advisor Manager

Richmond, VA: $138,100 - $157,700 for Compliance Advisor Manager

Riverwoods, IL: $138,100 - $157,700 for Compliance Advisor Manager

Wilmington, DE: $138,100 - $157,700 for Compliance Advisor Manager

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.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

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

This role is expected to accept applications for a minimum of 5 business days.

No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

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 View phone number on us.fitly.work or via email at View email address on us.fitly.work . 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 View email address on us.fitly.work

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

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).