Principal AML Compliance Advisor
| Company | Capital One |
|---|---|
| Location | Plano, TX, USA, McLean, VA, USA, Richmond, VA, USA, New York, NY, USA |
| Salary | $106700 – $146100 |
| Type | Full-Time |
| Degrees | Associate’s |
| Experience Level | Senior |
Requirements
- High School Diploma, GED, or equivalent experience
- At least 3 years of regulatory compliance experience, or at least 3 years of risk management experience, or at least 3 years of financial services industry experience
- At least 3 years of experience in financial services, or Anti-Money Laundering (AML) functions, or compliance risk management, or Anti-Money Laundering (AML) project management.
Responsibilities
- Maintain subject matter expertise of applicable anti-money laundering laws and regulations and support business lines by providing guidance on KYC compliance requirements
- Assist with establishing enterprise KYC standard/policy intent and review new/revised business line KYC policies, standards and procedures to ensure alignment
- Ensure KYC standard/policy is consistently applied across the lines of business
- Support KYC assessments to identify and address KYC gaps and areas of opportunities
- Assess operational breakdowns for KYC compliance risks and uncover data issues with significant KYC implications
- Leverage understanding of systems, data, and processes to identify root causes for KYC issues and recommend/lead related remediation efforts
- Ensure preventive and detective KYC controls and monitoring programs are in place and provide adequate coverage
- Provide effective challenge and guidance on KYC compliance risks and support business line through various interactions and forums; influence changes to processes, procedures, and controls to mitigate KYC compliance risk
- Review business line training materials with KYC compliance related content for accuracy and completeness.
- Support and communicate compliance risk appetite and key performance metrics to business lines
- Evaluate Audit, regulatory exam, and self-identified issues and events for KYC compliance impacts
- Monitor external KYC compliance environment, emerging risks, and regulatory focus areas.
- Analyze root causes of KYC compliance and risk issues.
Preferred Qualifications
- Associates Degree
- 5+ years of regulatory compliance experience, or at least 5 years of risk management experience, or at least 5 years of financial services industry experience
- 5+ years of experience in financial services, or Anti-Money Laundering (AML) functions, or compliance risk management, or Anti-Money Laundering (AML) project management.
- Previous experience supporting programs where senior leaders and external stakeholders are your customers
- Certified Anti-Money Laundering Specialist (CAMS) and/or Certified Regulatory Compliance Manager (CRCM) certification