Compliance Testing Manager - Anti-Money Laundering (AML)

Capital One • McLean, VA

2d • $138,100 - $173,400

About The Position

The Compliance Testing Manager performs a key second line of defense role, to help ensure regulatory requirements are met across the enterprise and applicable lines of business. The Compliance Testing Manager will be responsible for performing quality assurance on testing executed by compliance testers. The Compliance Testing Manager will support testers by: Providing guidance on development of test plans, Communicating changes in testing procedure, including schedule changes, Ensuring that testing results are executed timely, technically accurate, appropriately socialized with key stakeholders and reasonable, Reviewing work of Testing Team, Demonstrating strong problem-solving and conceptual skills, Demonstrating strong written and verbal communication skills, Demonstrating strong negotiation and leadership skills, Pursuing compliance certifications if not already certified, Traveling to various Capital One locations if necessary.

Requirements

• Bachelor’s Degree or Military Experience
• At least 5 years of compliance testing, compliance, legal, audit, risk management, AML or Fraud investigation experience
• At least 2 years of people management experience

Nice To Haves

• 6+ years of compliance testing, compliance, legal, audit, risk management, AML or Fraud investigation experience
• 3+ years of people management experience
• Strong working knowledge of Suspicious Activity Report (SAR), Currency Transaction Report (CTR), and/or Suspicious Transaction Reports (STRs) filing requirements
• Strong working knowledge of both US and Canadian laws and regulations as they relate to AML and Sanctions.
• Ability to prioritize among many conflicting needs and advocate a course of action while remaining flexible and responsible to dynamic situations
• Association of Certified Anti-Money Laundering Specialists (ACAMS), Certified Fraud Examiner (CFE), Certified Financial Crime Specialists (CFCS) or Certified Regulatory Compliance Manager (CRCM) certification.

Responsibilities

• Manage and develop team of Compliance Testers
• Manage staffing assignments to ensure successful completion of calendar commitments
• Develop test plans, continually validate and improve test design
• Evaluate the accuracy of tests executed by compliance testers and adherence to processes and procedures
• Manage to testing schedules to ensure they are completed in appropriate timeframe
• Identify the need for improved data sourcing and partner with business and IT areas to develop improved data sources
• Manage data sourcing to ensure data is obtained following documented test plans and testing protocols
• Assist with helping to drive innovative ways to approach testing
• Amend testing calendar as needed
• Analyze and document work results
• Establish and maintain strong relationships with Compliance Advisors and Business Areas
• Engage with subject matter experts as needed to determine adherence to test procedures
• Provide updates on testing status as needed
• Support ICTT (Independent Compliance Transaction Testing) and Compliance audit and exams as needed

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