Senior Manager - Anti-Money Laundering Compliance Controls Review Testing
Senior Manager - Anti-Money Laundering Compliance Controls Review Testing
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Job Description
The Compliance Testing Senior Manager performs a key second line of defense role to help ensure corporate initiatives and departmental processes comply with AntiMoney Laundering and Sanctions regulations. The Compliance Testing Senior Manager will be responsible for overseeing the AML Controls & Monitoring (ACM) team and performing quality assurance on testing executed. This role is an extremely collaborative role which requires interactions with stakeholders and accountable executives across the AML program and first line of defense functions.
The Compliance Testing Senior Manager will support the program by:
Leading the development management and of the AML Compliance Controls Review (CCR) calendar
Manage review of regulatory requirements & control coverage
Providing thought leadership in second line of defense risk identification processes
Aligning resources to ensure timely and accurate test
Ensuring teams have tools training and access to information needed to execute testing effectively
Communicating changes in testing procedure or processes with senior management and testing team
Performing management review and challenges for completed tests
Responsibilities:
Drive strategic initiatives to modernize AML and sanctions control testing strengthen assurance and streamline processes
Ensure compliance and risk management testing processes are executed in accordance with relevant procedures & expectations
Manage and develop team of Compliance testers
Manage staffing assignments to ensure successful completion of calendar commitments
Review effectiveness of testing process and tools; drive improvements through influencing partners to ensure high quality testing activities results and compliance with the CCR methodology
Provide training and education to peers and team on CCR methodology processes and tools
Establish and maintain strong relationships with Compliance Advisors risk management compliance testing oversight group and relevant business areas across first and second line functions
Create test result reports for AML executives senior compliance officers and provide inputs to CCO and CRO reporting
Coordinate with AML ICTT team to ensure proper compliance control coverage
Elevate substantive issues arising in testing to senior management
Oversee and manage responses for business area audits or exams as appropriate
Basic Qualifications:
Bachelors Degree or military experience
At least 5 years of experience in audit or 5 years of experience in compliance or a combination
At least 5 years of experience with Microsoft Office Suite or Google Suite
At least 3 years of people management experience
Preferred Qualifications:
Masters degree
7 years of financial services compliance monitoring experience or auditing experience or compliance testing experience
5 years of people management experience
Certified Regulatory Compliance Manager (CRCM) Certified AntiMoney Laundering Specialist (CAMS) Certified Information Privacy Professional (CIPP) or willingness to pursue
Understanding of data analytics tools and concepts
At this time Capital One will not sponsor a new applicant for employment authorization for this position.
The minimum and maximum fulltime 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 parttime roles will be prorated based upon the agreed upon number of hours to be regularly worked.
Chicago IL: $155300 $177200 for Compliance Testing Sr. ManagerCandidates 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 candidates 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 wellbeing. Learn more at theCapital One Careers website. Eligibility varies based on full or parttime status exempt or nonexempt 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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy childbirth or related medical conditions) race color age national origin religion disability genetic information marital status sexual orientation gender identity gender reassignment citizenship immigration status protected veteran status or any other basis prohibited under applicable federal state or local law. Capital One promotes a drugfree 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 23A of the New York Correction Law; San Francisco California Police Code Article 49 Sections; New York Citys Fair Chance Act; Philadelphias 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 ator via email at . 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 Ones recruiting process please send an email to
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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).
Required Experience:
Senior Manager
Employment Type
Full-Time
