Capital One AML Compliance Advisor Senior Manager United States, New York, New York 639458448
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Capital One is seeking a Senior Manager AML Compliance Advisor to develop and lead a newly created “Know Your Partner” (“KYP”) Program focused on Network Participant AML risk. This newly created role is an exciting opportunity to establish and lead the AML framework in support of payment network participant relationships. It’s a unique opportunity to shape the foundation and strategic development of a critical risk management function. The successful candidate will establish a network participant AML program to help support a well-managed payments network. To develop and maintain this program, the Senior Manager AML Compliance Advisor will be establishing KYP requirements, ongoing coordination with first line to support adherence to KYP policies, standards, procedures and regulatory requirements; partnering with line of business AML Advisors to assess new products and processes for KYP impacts and oversight of the 1st line functions doing partner due diligence and partner reviews.
Key Responsibilities:
Accountable for establishing and overseeing execution of a sustainable AML Know Your Partner program for the Network, Merchant, and Acquirer businesses
Advise the line of business on application of AML requirements in the areas of process development, development of controls and monitoring, remediation and corrective action of compliance breakdowns, and changes in law, regulation and regulatory guidance
Oversee, credibly challenge, and assess the AML risk business environment with respect to managing and mitigating AML risk and establish processes to ensure effective and timely implementation of regulatory change requirements
Foster an environment that ensures strong communication and cooperation across the three lines of defense and other corporate stakeholders to facilitate transparency, balance, and credible challenge
Stay current on the changing AML regulatory landscape and understanding the impacts to the payments network business
Participate in Compliance forums and contribute to continuous improvement of local AML risk management processes
Review inquiries from AML Advisors and line of business and provide guidance, support issue resolution/remediation, and escalate risks/concerns as needed
Maintain subject matter expertise of applicable laws and regulations
Engage in Audit, Regulatory, and other reviews of the AML program
Basic Qualifications:
Bachelor's Degree or military experience
At least 6 years of experience in regulatory compliance, risk management or anti-money laundering (AML) compliance
At least 2 years of advisory or consulting experience
Preferred Qualifications:
Bachelor's Degree in Business Management, Compliance, Risk, Legal, Finance or Accounting
3+ years of experience advising on anti-money laundering (AML) risks associated with credit card products, merchant acquisition, processing or payment networks
Certified Anti-Money Laundering Specialist (CAMS) or Certified Regulatory Compliance Manager (CRCM) certification
. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
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 1-800-304-9102 or via email at . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
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