Compliance Advisor Manager

Capital One • McLean, VA

7d • Onsite

About The Position

The Advisory Manager performs a key risk management role (second line of defense) by ensuring that business lines deliver AML strategies compliant with applicable anti-money laundering laws and regulations. The role will collaborate with the line of businesses to deliver AML requirements and monitor compliance with regulatory standards. The Advisory Manager will implement initiatives that continuously improve AML soundness across the line of business. The role will help to establish an effective risk control environment and address regulatory/compliance requirements. While working within the AML Advisory team, the Advisory Manager is responsible for delivering quality results, providing compliance advice to business lines as an AML subject matter expert, and executing or participating in corporate risk management processes. The Compliance Advisor will support the business by: Providing input on business regulatory requirements; Providing guidance on business policies, standards, and procedures; Participating in department training, meetings as appropriate; Providing compliance advice on projects and other new initiatives; Providing guidance on controls over regulatory requirements and line of business monitoring of those controls; Performing targeted tests on lines of business controls and provide guidance on identified risks

Requirements

• Bachelor's degree or military experience
• At least 3 years of Anti-Money Laundering (AML) Compliance experience
• At least 3 years of experience in Compliance, Legal, or Audit

Nice To Haves

• 6+ years in AML Compliance experience
• 2+ years of Compliance Advisory Experience
• Certified Regulatory Compliance Manager (CRCM) Certification, Association of Certified Anti-Money Laundering Specialist (ACAMS) certification, or Certified Information Privacy Professional (CIPP) certification

Responsibilities

• Review inquiries from lines of business and provide guidance on action/remediation; escalate and facilitate with subject matter experts when necessary
• 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 pertaining to new products and services, process development, development of controls and monitoring, remediation/corrective action of compliance breakdowns, and change in law or regulation
• Support lines of business with questions in the development and maintenance of a business / first line of defense compliance program, such as how to monitor, report, and train
• Issue/event oversight for Commercial KYC – includes identifying trends in data and proactively advising on identified risk
• Maintain subject matter expertise of applicable laws and regulations
• Engage in Audit, Regulatory, and other reviews of the AML program
• Assist in capturing, maintaining, and analyzing compliance data, interpreting it to ensure consistency and adequate Compliance Risk Management
• Provide support to risk assessment and/or control initiatives such as the Money Laundering Risk Assessment (MLRA), or the Applicability and Control Review (ACR)
• Complete required ad hoc tasks in support of inquiries or initiatives.
• Role will function within AML Advisory across Commercial LOBs

Benefits

• performance based incentive compensation
• cash bonus(es)
• long term incentives (LTI)
• comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being

What This Job Offers

• Job Type: Full-time
• Career Level: Manager