Senior Risk Associate Financial Crimes Risk Management

Are you ready to work on the front line helping to manage financial crimes risk at a top 10 Bank As a Senior Risk Associate in the Commercial Risk Office at Capital One youll be responsible for working with business partners to identify and mitigate potential money laundering risks to Capital One. Senior Risk Associates at Capital One are the front line of defense to ensure our company remains stable and profitable.

Senior Risk Associates at Capital One are highly motivated Risk Management professionals with excellent organizational and communication skills. They have a high level of exposure across lines of business and have the opportunity to create and implement innovative solutions to identify and mitigate potential risks.

As a Commercial Risk Senior Risk Associate on the Financial Crimes Risk Management (FCRM) Team you will be responsible for working with business partners to help identify develop and implement innovative strategy solutions to fight money laundering and strengthen the Banks end to end Know Your Customer (KYC) processes. FCRM and Commercial Risk associates not only collaborate across the Commercial division but also have meaningful interactions across the lines of defense with Compliance and Audit to support well-managed risk practices and establish mitigation strategies against these risks.

This role will focus on Anti-Money Laundering (AML) risk management activities and will be responsible for providing guidance to the Line of Business to ensure that they are executing their processes in accordance with the organizational expectations and mandated KYC regulations. You will help disseminate risk-based guidance tied to second line interactions including coordinating remediation and management of breakdowns as well as the development and reporting of key risk indicators (KRIs) to highlight the Banks performance to this role you will apply communication results focus and problem solving skills to provide advice as well as support critical initiatives to improve the Banks risk management processes.

Effective communication and reporting to all levels building partnerships with multiple stakeholders across the lines of defense and adapting to and managing change in a fast-paced dynamic environment are default essentials for this role.

Responsibilities

• Lead complex financial crimes risk management initiatives including the ongoing investigation of process and transaction-level breakdowns

• Develop key metrics and indicators to demonstrate the effectiveness of Commercials AML-risk management programs

• Leverage innovation skills to enhance the process and control environment to improve the Banks overall AML risk profile

• Assist with managing breakdowns and crafting remediation strategies in key systems of record to support multiple stakeholder groups

• Co-Lead various Risk Assessments for the Commercial Central Know Your Customer (cKYC) Team including Divisional Risk Assessments Process Level Assessments (PLAs) Risk and Control Self Assessments (RCSAs) Critical Business Process (CBP) Analysis and ongoing control assessments

• Support Commercial Bank AML- related Audits and Exams
  

Basic Qualifications

• Bachelors Degree or Military experience

• At least 2 years of Financial Services Management Consulting or Risk Management experience
  

Preferred Qualifications

• At least 3 years of demonstrated AML / KYC experience

• At least 3 years of experience with process or project management

• At least 3 years of risk management and/or consulting background in traditional or business banking

• Highly proficient in creating and maintaining information in Microsoft Office (PowerPoint Excel and Word) or Google Suite (Slides Sheets and Docs)

• Commercial Bank experience
  

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

#CommRisk

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.

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 candidates offer letter.

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

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- or 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.

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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).