Compliance Advisory Specialist III - Commercial Bank

Overview

Center 2 (19050), United States of America, McLean, Virginia

Compliance Advisory Specialist III - Commercial Bank

The Anti-Money Laundering (AML) Compliance Advisory Specialist III performs a key risk management role (second line of defense), to help ensure corporate initiatives and lines of business processes comply with applicable laws and regulations. While working within the Compliance Management Program framework, the AML Compliance Advisory Specialist is responsible for delivering quality and timely results, providing compliance advice to the business, and executing or participating in corporate processes.

The AML Compliance Advisory Specialist will support the Commercial Banking line of business by:

• Providing input on business regulatory requirements;

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

• Participating in department training meetings as appropriate;

• Providing compliance advice on projects and other new initiatives;

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

Ideal Candidate will have:

• Strong critical thinking, written and verbal communication skills, including experience in strategic and senior level communication;

• Demonstrated ability to work in a continually evolving and dynamic environment;

• Ability to build partnerships with others outside of their own team and influence others to ensure team’s success ;

• Exhibit drive for accomplishing tasks/delivering results and persist when faced with significant difficulties or resistance

• Strong understanding of AML risk management practices, including regulatory requirements;

• Team player with creativity, resourcefulness, a passion for problem-solving, comfort with ambiguity, and strong interpersonal skills;

• A self-starter with enthusiasm, flexibility, and motivation.

Responsibilities:

• Review inquiries from lines of business and provide guidance on action/remediation; escalate and facilitate with subject matter experts when necessary

• Provide effective challenge and guidance on compliance risks and support lines of business through various interactions and forum engagements

• Advise lines of business on application of compliance requirements pertaining to new products and services, process development, development of controls and monitoring, remediation/corrective action of compliance breakdowns, and change in law or regulation

• Support lines of business with questions in the development and maintenance of a business / first line of defense  compliance program, such as how to monitor, report, and train

• Issue/event oversight for Commercial KYC – includes identifying trends in data and proactively advising on identified risk

• Maintain subject matter expertise of applicable laws and regulations

• Engage in Audit, Regulatory, and other reviews of the AML program

• Assist in capturing, maintaining, and analyzing compliance data, interpreting it to ensure consistency and adequate Compliance Risk Management

• Provide support to risk assessment and/or control initiatives such as the Money Laundering Risk Assessment (MLRA), or the Compliance Control Review (CCR)

• Complete required ad hoc tasks in support of inquiries or initiatives.

• Role will function within AML Advisory across Commercial LOBs

Basic Qualifications:

• High School Diploma, GED or equivalent certification

• At least 3 years of Anti-Money Laundering (AML) compliance experience, or at least 3 years of Anti-Money Laundering (AML) risk management experience

Preferred Qualifications:

• Bachelor’s Degree

• 5+ years of Risk Management experience

• Certified Anti-Money Laundering Specialist (CAMS) and/or Certified Regulatory Compliance Manager (CRCM) certification 

• 5+ years of Anti-Money Laundering (AML) experience

• Capital Markets 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.

New York City (Hybrid On-Site): $118,700 - $135,400 for Compliance Advisory Specialist III

Illinois (Hybrid On-Site): $110,700 - $126,300 for Compliance Advisory Specialist III

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.

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

No agencies please. Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. 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.

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For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

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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).