Anti-Money Laundering (AML) Quality Associate

Capital One • Wilmington, DE

86d • $72,800 - $99,100 • Remote

About The Position

The Anti-Money Laundering (AML) Quality Associate is an integral part of the Financial Intelligence Unit (FIU) Investigations Support Team, providing support to FIU teams by performing quality assurance (QA) tasks related to suspicious activity decisions. This role is part of a highly collaborative, mission-oriented team that ensures potentially unusual or suspicious transactions are appropriately identified, documented, and filed with the appropriate authorities. Additionally, the AML Quality Associate will escalate to leadership any suspicious activity investigation that has not been decisioned appropriately within the Bank Secrecy Act (BSA)/AML framework and company policies and procedures.

Requirements

• High School Diploma, GED or equivalent certification
• At least 1 year of Microsoft Office or Google Suite experience
• At least 2 years of Anti-Money Laundering experience

Nice To Haves

• Bachelor's Degree or Military experience
• 1 year of Quality Assurance experience or 1 year of Quality Control Audit experience
• 2 years of Bank Secrecy Act (BSA) investigative experience
• Association of Certified Anti-Money Laundering Specialists (ACAMS) certification

Responsibilities

• Work with FIU Supervisors and Investigators to uphold the high bar of their teams' investigation quality
• Assist Investigations team in process improvements, change management and QA
• Work with supervisors to escalate potential gaps and deliver suggestions for training and improvement based on data, for both investigation and quality processes
• Partner with Quality leadership, supervisors and investigators to develop a deep understanding of investigation process
• Review Suspicious Activity Reporting decisions to ensure that decision framework is appropriate and thorough
• Assess if supporting documentation from investigations is accurately captured and aligned with Suspicious Activity Reporting decisions
• Review Suspicious Activity Reports to ensure that all appropriate fields in the SAR form are filled out correctly, SAR narrative is thorough, and appropriate levels of supporting documentation were obtained and maintained within Actimize
• Document activity that is out of compliance with BSA regulatory guidance and/or AML Policies and Procedures
• As needed, assist Quality Management with developing reporting and metrics
• As needed, assist Quality Management with maintaining AML Quality Policies and Procedures

Benefits

• Comprehensive health benefits
• Financial benefits including performance-based incentives
• Inclusive workplace environment

What This Job Offers

• Job Type: Full-time
• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED