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Description
West Creek 3 (12073), United States of America, Richmond, Virginia
Anti-Money Laundering, Compliance Advisory Specialist III
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.
This Anti-Money Laundering (AML) Compliance Advisory Specialist III role sits within the second line of defense and is part of the AML Advisory team at Capital One. This role will be providing AML Compliance support to the Enterprise Payments organization, as well as company-wide stakeholders utilizing Enterprise Payments products and services. Enterprise Payments manages critical payment processing functions inclusive of Wires, Automated Clearing House (ACH), Real Time Payments, Debit Card, Merchant Services and Check. The AML Advisory team 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 III is responsible for delivering quality results, providing AML compliance advice to lines of business, and executing or participating in corporate processes.
The AML Compliance Advisory Specialist III will support lines of business by:
- Providing input on business regulatory requirements
- Providing guidance on business policies, standards, and procedures
- Developing and reviewing department compliance training, as appropriate
- Providing AML compliance advice on projects
- Providing guidance on controls over regulatory requirements and line of business monitoring of those controls
Responsibilities:
- 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 AML Compliance requirements, such as: new products, process development, development of controls and monitoring, remediation/corrective action of compliance breakdowns, and change in law or regulation
- Advise lines of business in the development and maintenance of the AML Compliance Program, such as how to monitor, report, and train
- Develop and maintain strong understanding of applicable laws and regulations
- Develop and maintain strong understanding of the various payment types and the associated regulatory expectations
- Evaluate Internal Audit, Regulatory Exam, and self identified issues and events for compliance impacts
- Support lines of business through advice, influence adjustments to the processes, procedures, and controls
- Conduct targeted validations on controls over applicable regulations
- Active involvement with compliance testing and third party compliance
- Maintain strong understanding of Compliance Risk Management Framework and applicable laws and regulations
- Assist in capturing, maintaining, and analyzing compliance data, interpreting it to ensure consistency and adequate Compliance Risk Management
- Actively participate on complex projects through providing guidance, advise, and effective challenge
- Participate in reporting activities, as directed
- Supporting Compliance teams as a subject matter expert
- Flexibility to travel to various Capital One locations as necessary
Basic Qualifications:
- Bachelor's Degree or military experience
- At least 3 years of experience working in wire operations or in a support role of wire operations
- At least 3 years of banking experience
- At least 5 years of experience supporting, partnering, and interacting with internal business clients
Preferred Qualifications:
- Master's Degree
- 3+ years of experience in compliance, legal, or audit
- 5+ years of experience working within banking payment operations (Wire, Automated Clearing House (ACH), Card, Check) or within a support role of payment operations
- Certified Anti-Money Laundering Specialist (CAMS) Certification
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
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 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.
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 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.
For technical support or questions about Capital One's recruiting process, please send an email to
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).
