Principal AML Compliance Advisor

Capital One Financial Corporation; New York (NY); On-site; USD 128,000 - 147,000; Full time

Job summary

A leading company seeks a KYC Advisor Associate to enhance compliance with AML regulations. The role involves providing expert guidance, monitoring KYC processes, and ensuring adherence to regulatory standards, requiring strong analytical and communication skills to navigate a complex risk management environment.

Benefits

Comprehensive health benefits

Incentive compensation options

Support for career development

Qualifications

• At least 3 years of regulatory compliance or risk management experience.
• Ability to influence others and work dynamically.
• Understanding of AML practices and regulatory requirements.

Responsibilities

• Maintain expertise in AML laws and KYC compliance.
• Conduct KYC assessments and monitor compliance risks.
• Provide guidance and support on KYC processes across business lines.

Skills

Critical thinking

Communication

Analytical skills

Anti-Money Laundering (AML) understanding

Education

High School Diploma, GED, or equivalent experience

Associates Degree (preferred)

Job description

The KYC Advisor Associate performs a key risk management role (second line of defense) to help ensure corporate initiatives and lines of business processes comply with applicable laws and regulations. The role will collaborate across multiple lines of businesses and teams to deliver KYC requirements and monitor compliance with regulatory standards. The KYC Advisor Associate is responsible for delivering quality and timely results, providing compliance advice to business lines as a KYC subject matter expert, and executing or participating in corporate risk management processes.

Responsibilities :

• Maintain subject matter expertise of applicable anti-money laundering laws and regulations and support business lines by providing guidance on KYC compliance requirements
• Assist with establishing enterprise KYC standard / policy intent and review new / revised business line KYC policies, standards and procedures to ensure alignment
• Ensure KYC standard / policy is consistently applied across the lines of business
• Support KYC assessments to identify and address KYC gaps and areas of opportunities
• Assess operational breakdowns for KYC compliance risks and uncover data issues with significant KYC implications
• Leverage understanding of systems, data, and processes to identify root causes for KYC issues and recommend / lead related remediation efforts
• Ensure preventive and detective KYC controls and monitoring programs are in place and provide adequate coverage
• Provide effective challenge and guidance on KYC compliance risks and support business line through various interactions and forums; influence changes to processes, procedures, and controls to mitigate KYC compliance risk
• Review business line training materials with KYC compliance related content for accuracy and completeness.
• Support and communicate compliance risk appetite and key performance metrics to business lines
• Evaluate Audit, regulatory exam, and self-identified issues and events for KYC compliance impacts
• Monitor external KYC compliance environment, emerging risks, and regulatory focus areas.
• Analyze root causes of KYC compliance and risk issues.

The Person :

• Strong critical thinking, written and verbal communication skills, including experience in strategic and senior level communication
• Demonstrated ability to work in a continually evolving and dynamic environment
• Ability to build partnerships with others outside of their own team and influence others to ensure team's success
• Exhibit drive for accomplishing tasks / delivering results and persist when faced with significant difficulties or resistance
• Analytical background with the ability to analyze data and reporting to create thoughtful and comprehensive reporting for key metrics
• Strong understanding of Anti-Money Laundering (AML) risk management practices, including regulatory requirements

Basic Qualifications :

• High School Diploma, GED, or equivalent experience
• At least 3 years of regulatory compliance experience, or at least 3 years or risk management experience, or at least 3 years of financial services industry experience
• At least 3 years of experience in financial services, or Anti-Money Laundering (AML) functions, or compliance risk management, or Anti-Money Laundering (AML) project management.

Preferred Qualifications :

• Associates Degree
• 5+ years of regulatory compliance experience, or at least 5 years or risk management experience, or at least 5 years of financial services industry experience
• 5+ years of experience in financial services, or Anti-Money Laundering (AML) functions, or compliance risk management, or Anti-Money Laundering (AML) project management.
• Previous experience supporting programs where senior leaders and external stakeholders are your customers
• Certified Anti-Money Laundering Specialist (CAMS) and / or Certified Regulatory Compliance Manager (CRCM) certification

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

McLean, VA : $117,300 - $133,900 for Compliance Advisory Specialist III

New York, NY : $128,000 - $146,100 for Compliance Advisory Specialist III

Plano, TX : $106,700 - $121,700 for Compliance Advisory Specialist III

Richmond, VA : $106,700 - $121,700 for Compliance Advisory Specialist III

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and / or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.

No agencies please. Capital One is an equal opportunity employer (EOE, including disability / vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [e-mail]. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to [e-mail]

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

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