Compliance Advisory Specialist III - Commercial Bank

Capital One • McLean, VA

401d • $118,700 - $135,400

About The Position

The Anti-Money Laundering (AML) Compliance Advisory Specialist III plays a crucial role in risk management within the Commercial Banking sector. This position is responsible for ensuring compliance with applicable laws and regulations, providing compliance advice, and supporting corporate initiatives. The specialist will engage with various lines of business to deliver timely results, guide regulatory requirements, and participate in compliance training and initiatives.

Requirements

• High School Diploma, GED or equivalent certification
• At least 3 years of Anti-Money Laundering (AML) compliance experience, or at least 3 years of Anti-Money Laundering (AML) risk management experience

Nice To Haves

• Bachelor's Degree
• 5+ years of Risk Management experience
• Certified Anti-Money Laundering Specialist (CAMS) and/or Certified Regulatory Compliance Manager (CRCM) certification
• 5+ years of Anti-Money Laundering (AML) experience
• Capital Markets experience

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 Compliance Control Review (CCR)
• Complete required ad hoc tasks in support of inquiries or initiatives.

Benefits

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

What This Job Offers

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