AML Compliance Enterprise Payments Advisory Manager

Capital One • Plano, TX

61d

About The Position

The Anti-Money Laundering (AML) Enterprise Payments Compliance Advisor Manager performs a key second-line risk management role to help ensure corporate initiatives and lines of business processes comply with applicable laws and regulations. While working within the AML Program framework, the AML Compliance Enterprise Payments Advisor Manager is responsible for delivering quality results, providing compliance advice to lines of business as a subject matter expert, and executing or participating in corporate processes.

The AML Enterprise Payments Compliance Advisor Manager supports the line of business by:

Providing input on the end to end payment processing, highlighting AML risks
Providing guidance on business policies, standards, and procedures
Developing and leading department training, as appropriate
Providing compliance advice on complex projects
Providing guidance on controls over regulatory requirements and line of business monitoring of those controls
Providing input on business regulatory requirements
Performing money laundering risk assessment reviews
Partnering with first line to ensure AML requirements are appropriate and adhered to

Requirements

• Bachelor's Degree or Military experience
• At least 5 years of experience in compliance, audit, or legal
• At least 5 years of experience in payment operations

Nice To Haves

• 6+ years of experience in compliance, legal or audit
• 6+ years experience in payment operations
• CRCM (Certified Regulatory Compliance Manager) certification, or ACAMS (Association of Certified Anti Money Laundering Specialists) certification

Responsibilities

• Review inquiries from lines of business and provide guidance on remediation, escalate and facilitate with subject matter experts, when necessary
• Identify trends in data and proactively advise on identified external and internal risks
• Maintain subject matter expertise of applicable laws and regulations
• Engage in Audit, Regulatory, and other reviews of the AML program.
• Evaluate Internal Audit, Regulatory Exam, and self-identified issues and events for compliance impacts
• 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, such as: new products, process development, development of controls and monitoring, remediation/corrective action of compliance breakdowns, and change in law or regulation
• Assist lines of business in the development and maintenance of the Compliance Program, such as how to monitor, report, and train
• Support lines of business through expert advice, influence adjustments to the processes, procedures, and controls
• Maintain expert 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

Benefits

• Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 5,001-10,000 employees