Senior Associate, Compliance Tester- Anti-Money Laundering

Capital One • McLean, VA

9d

About The Position

Senior Associate, Compliance Tester- Anti-Money Laundering The Senior Corporate Compliance Tester performs a key second line of defense role, to help ensure regulatory requirements are met across the enterprise and applicable lines of business. The Anti-Money Laundering (AML) Tester will execute complex risk-based compliance transaction testing under the leadership of a team leader, for the purpose of independently validating adherence to applicable AML laws regulations, including but not limited to the Bank Secrecy Act (BSA), USA PATRIOT ACT, and Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), etc. Responsibilities will include (but may not be limited to): Under the leadership of a team leader, executing targeted, complex transaction testing for line of business compliance requirements in alignment with team and ICTT methodology and procedures. Suggesting changes to testing and performing high risk testing as needed. Developing test plans, while continually validating and improving test design. Managing testing schedules to ensure all tasks and reporting are completed within established timeframes. Obtaining and analyzing test data from multiple sources and systemically documenting the work and results by following documented test plans, testing protocols and leveraging job aids as needed. Supporting and initiating efforts to improve data sourcing and partnering with business and IT areas to develop improved data sources. Submitting test results in PRIME/Fuse. Systematically retain documents that substantiate test results. Establishing and maintaining strong relationships with Compliance Advisors and Business Areas. Supporting ICTT and Compliance audit and exams as needed.

Requirements

• High School Diploma, GED or Equivalent Certification
• At least 1 years of Compliance Testing , Compliance Monitoring, Quality Assurance, Audit Experience, AML investigation, or Fraud Investigation experience
• At least 2 years of experience with Google Suite or Microsoft Office

Nice To Haves

• Bachelor’s degree
• 2+ years of Compliance Testing , Compliance Monitoring, Quality Assurance, Audit Experience, AML investigation, or Fraud Investigation experience
• Strong working knowledge of both US and Canadian laws and regulations as they relate to AML and Sanctions
• Strong working knowledge of Suspicious Activity Report (SAR), Currency Transaction Report (CTR), and Suspicious Transaction Reports (STRs) filing requirements
• Knowledge of data analytics, Optical Character Reader, Robotic Process Automation or Artificial Intelligence
• Association of Certified Anti-Money Laundering Specialists (ACAMS), Certified Fraud Examiner (CFE), or Certified Financial Crime Specialists (CFCS) Certification

Responsibilities

• Under the leadership of a team leader, executing targeted, complex transaction testing for line of business compliance requirements in alignment with team and ICTT methodology and procedures.
• Suggesting changes to testing and performing high risk testing as needed.
• Developing test plans, while continually validating and improving test design.
• Managing testing schedules to ensure all tasks and reporting are completed within established timeframes.
• Obtaining and analyzing test data from multiple sources and systemically documenting the work and results by following documented test plans, testing protocols and leveraging job aids as needed.
• Supporting and initiating efforts to improve data sourcing and partnering with business and IT areas to develop improved data sources.
• Submitting test results in PRIME/Fuse.
• Systematically retain documents that substantiate test results.
• Establishing and maintaining strong relationships with Compliance Advisors and Business Areas.
• Supporting ICTT and Compliance audit and exams as needed.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED