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Compliance Manager- AML Compliance Risk Assessment

Capital One


Location:
McLean, VA
Date:
06/26/2017
2017-06-262017-07-25
Job Code:
capitalone2-R24292
Categories:
  • Financial Services
  • Management
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Job Details

Company Capital One

Job Title: Compliance Manager- AML Compliance Risk Assessment

JobID: capitalone2-R24292

Location: McLean, VA, 22106, USA

Description: McLean 1 (19050), United States of America, McLean, Virginia



At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.



Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.



Compliance Manager- AML Compliance Risk Assessment



**Title: Compliance Manager - AML Compliance Risk Assessment**



**Level:** Manager



**Job Description:**



Capital One is a diversified bank that offers a broad array of financial products and services to consumers, small business and commercial clients. Ranked #127 on the Fortune 500, Capital One is one of the nation’s top 10 banks and has one of the most widely recognized brands in America. We nurture a work environment where people with a variety of thoughts, ideas and backgrounds, guided by our shared Values, come together to make Capital One a great company and a great place to work.



As an AML Compliance Manager at Capital One, you’ll be challenged by working with business partners to conduct enterprise-wide money laundering and sanctions risk assessments. Assessments are conducted in accordance with a standardized framework and methodology, the purpose of which is to understand the level of inherent AML compliance and sanctions risk exposure associated with Capital One’s business segments, assess controls, and ensure residual risk remains within tolerance. Compliance Managers at Capital One provide guidance to key stakeholders to ensure our risk is well managed and our company remains stable and profitable. They gain a high level of exposure across lines of business and have the opportunity to work with executives, compliance partners, regulators, auditors and other key constituents.



**Responsibilities:**

- Assess the inherent money laundering and sanctions risk and controls though the established risk and control framework



- Work with data analysts to source data required to support AML inherent risk metrics



- Assess the company’s collective ability to monitor and control inherent AML and sanctions risk



- Develop, socialize, and present risk assessment results to executive management and other key stakeholders



- Conduct detailed reviews of high risk areas



- Suggest risk mitigation strategies to business areas and other control functions



- Maintain detailed policies and procedures related to the risk assessment process



- Continuously improve the framework, methodology, processes and reporting



- Stay abreast of all applicable laws, regulations and emerging risks for consideration in the risk assessment process



- Gain a detailed knowledge of the enterprise customer base, products, services, transactions, geographies, business initiatives, processes, strategies and associated controls



- Ensure results of the risk assessment are tracked until remediated in accordance with corporate compliance standards



- Routinely communicate and report the state of AML Compliance risk



- Conduct other targeted assessments as needed



- Assist in audits and exams



**Basic Qualifications:**

- High School Diploma, GED or equivalent experience, or Military experience

- At least 3 years of experience in AML or at least 3 years of experience in risk management within financial services



**Preferred Qualifications:**

- 5 years of experience in AML or 5 years of experience in risk management within financial services

- CRCM, or ACAMS, or CIPP certifications



- Bachelor’s Degree



**_At this time, Capital One will not sponsor a new applicant for employment authorization for this position._**



At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.                                               


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