Anti-Money Laundering (AML) Fraud Compliance Advisor Manager

Capital One • New York, NY

253d • $132,800 - $181,900

About The Position

The Anti-Money Laundering (AML) Fraud Compliance Advisor Manager performs a key risk management role (second line of defense), to help ensure corporate initiatives and lines of business processes comply with applicable AML laws and regulations. While working within the Compliance Management Program framework, the Compliance Advisor Manager is responsible for providing AML compliance advice to Capital One's credit card lines of business and the AML Fraud investigations group as a subject matter expert and executing or participating in corporate processes. The Compliance Advisor Manager supports the line of business by: Providing input on business AML regulatory requirements Providing guidance on business policies, standards, and procedures Leading and reviewing department training, as appropriate Providing AML compliance advice on complex projects Providing guidance on controls over regulatory AML requirements and line of business monitoring of those controls Managing targeted tests on lines of business controls and providing guidance on identified risks Partnering with other second line of defense functions, such as Enterprise External Fraud, to provide effective challenge to lines of business on the design and execution of their fraud programs.

Requirements

• Bachelor's Degree or military experience
• At least 5 years of experience in a fraud or Anti-Money Laundering (AML) role OR at least 5 years of experience in an audit or legal role supporting fraud or Anti-Money Laundering (AML)
• At least 5 years of experience supporting, partnering and interacting with internal business clients

Nice To Haves

• 3+ years of experience with credit card fraud
• 3+ years of experience in an advisory or consultant capacity
• 6+ years of experience in a fraud or Anti-Money Laundering (AML) role OR 6+ years of experience in an audit or legal role supporting fraud or Anti-Money Laundering (AML)
• Certified Fraud Examiner (CFE), Certified Regulatory Compliance Manager (CRCM), Association of Certified Financial Crime Specialists (CFCS), or Association of Certified Anti-Money Laundering Specialists (ACAMS) certification

Responsibilities

• Review issues generated by lines of business and provide guidance on remediation; escalate and facilitate with subject matter experts, when necessary
• Identify trends in data and advise on identified AML compliance emerging risks
• Maintain subject matter expertise of applicable AML laws and regulations and fraud trends and typologies
• Maintain expert understanding of Compliance Risk Management Framework and applicable laws and regulations
• Perform and review control assessments executed by peers for accuracy and adherence to test procedures
• Evaluate Internal Audit, Regulatory Exam, and self-identified issues and events for AML compliance impacts
• Provide effective challenge and guidance on AML compliance risks and support lines of business through execution of large initiatives, such as new product launches and mergers, as well as regular 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
• 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, influencing adjustments to the processes, procedures, and controls
• Conduct targeted validations and reviews on controls over applicable AML regulations
• Active involvement with compliance testing and third-party compliance
• Assist in capturing, maintaining, and analyzing compliance data, interpreting it to ensure consistency and adequate compliance risk management
• Flexibility to periodically travel to various Capital One locations, as necessary

Benefits

• Comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being
• Performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI)

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree