Capital One
Associate, Compliance Advisory Specialist I
Capital One, Richmond, Virginia, United States, 23220
Compliance Advisory Specialist I
Capital One is a leading financial services and technology company seeking to reimagine banking. Capital One has a highly motivated, mission driven Anti-Money Laundering (AML) and sanctions team focused on enabling rigorous, nimble, and sustainable risk management. The Sanctions compliance and screening program is a core risk function within Capital One's AML department. This group serves as a second line of defense and operates certain first line of defense controls for Capital One's lines of business. The AML and sanctions teams partner with the first, second, and third lines of defense to mitigate risk associated with Capital One's products, services, and capabilities. Capital One is seeking an Associate within its Enterprise Screening and Sanctions Risk Management function joining AML's Sanctions and Risk Advisory team. We are seeking a results-oriented candidate with the experience, subject matter expertise, and proven effectiveness in a highly regulated environment to join a high-performing team. The Associate will have a key risk management role within the second line of defense to help ensure corporate initiatives and lines of business processes comply with applicable sanctions laws and regulations. This role will also provide sanctions compliance advice and expertise regarding business strategy and new products and services to leaders across our growing businesses. The Associate will be responsible for supporting the onboarding of new products and/or lines of business by providing guidance on sanctions risks and designing sanctions-related controls. The Associate will also work on process improvements, perform risk assessments, and have significant interactions with the lines of business and other teams across the enterprise. A successful candidate for this role will leverage strong analytical skills to ensure all components of the compliance program are in place and operating effectively with respect to the business areas for which the team is responsible. The Role:
The Compliance Advisory Specialist I performs a key risk management role within the second line of defense to help ensure corporate initiatives and lines of business processes comply with applicable sanctions laws and regulations. While working within the Compliance Management Program framework, the Compliance Advisory Specialist I is responsible for assisting in providing sanctions compliance advice to lines of business, executing or participating in corporate processes, and delivering quality results. The Compliance Advisory Specialist I will support lines of business by: Providing supervised input on business regulatory requirements; Supporting senior advisors in providing guidance on business policies, standards, and procedures; Providing support on sanctions compliance projects; Supporting senior advisors in providing guidance on controls over regulatory requirements and line of business monitoring of those controls; Participating in targeted tests on lines of business controls, as directed. Responsibilities: Support senior advisors in effective challenge and preparation for various forum interactions Work with senior advisors to support lines of business in the application of sanctions compliance requirements, such as: new products, process development, development of controls and monitoring, remediation/corrective action of compliance breakdowns, and change in law or regulation Work with senior advisors to assist lines of business in the development and maintenance of the sanctions compliance program, such as how to monitor, report, and train Participate in targeted validations on controls over applicable regulations and sanctions compliance testing Develop an understanding of Compliance Risk Management Framework and applicable laws and regulations Assist in capturing, maintaining, and analyzing sanctions compliance data Participate in development and conducting of training directed to compliance and line of business associates Participate in projects through providing support to more senior advisors Participate in reporting activities in a support role Flexibility to travel to various Capital One locations if necessary Basic Qualifications: High School Diploma, GED or equivalent certification At least 1 year of Anti-Money Laundering (AML), or sanctions, or risk management, or international relations, or compliance experience Preferred Qualifications: Bachelor's Degree 3+ years of experience in Anti-Money Laundering (AML), sanctions, risk management, international relations or compliance experience 2+ years of Google Workplace experience 1+ years of experience working in payments Certified Anti-Money Laundering Specialists (ACAMS) or Certified Global Sanctions Specialist (CGSS) certification 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. 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.
Capital One is a leading financial services and technology company seeking to reimagine banking. Capital One has a highly motivated, mission driven Anti-Money Laundering (AML) and sanctions team focused on enabling rigorous, nimble, and sustainable risk management. The Sanctions compliance and screening program is a core risk function within Capital One's AML department. This group serves as a second line of defense and operates certain first line of defense controls for Capital One's lines of business. The AML and sanctions teams partner with the first, second, and third lines of defense to mitigate risk associated with Capital One's products, services, and capabilities. Capital One is seeking an Associate within its Enterprise Screening and Sanctions Risk Management function joining AML's Sanctions and Risk Advisory team. We are seeking a results-oriented candidate with the experience, subject matter expertise, and proven effectiveness in a highly regulated environment to join a high-performing team. The Associate will have a key risk management role within the second line of defense to help ensure corporate initiatives and lines of business processes comply with applicable sanctions laws and regulations. This role will also provide sanctions compliance advice and expertise regarding business strategy and new products and services to leaders across our growing businesses. The Associate will be responsible for supporting the onboarding of new products and/or lines of business by providing guidance on sanctions risks and designing sanctions-related controls. The Associate will also work on process improvements, perform risk assessments, and have significant interactions with the lines of business and other teams across the enterprise. A successful candidate for this role will leverage strong analytical skills to ensure all components of the compliance program are in place and operating effectively with respect to the business areas for which the team is responsible. The Role:
The Compliance Advisory Specialist I performs a key risk management role within the second line of defense to help ensure corporate initiatives and lines of business processes comply with applicable sanctions laws and regulations. While working within the Compliance Management Program framework, the Compliance Advisory Specialist I is responsible for assisting in providing sanctions compliance advice to lines of business, executing or participating in corporate processes, and delivering quality results. The Compliance Advisory Specialist I will support lines of business by: Providing supervised input on business regulatory requirements; Supporting senior advisors in providing guidance on business policies, standards, and procedures; Providing support on sanctions compliance projects; Supporting senior advisors in providing guidance on controls over regulatory requirements and line of business monitoring of those controls; Participating in targeted tests on lines of business controls, as directed. Responsibilities: Support senior advisors in effective challenge and preparation for various forum interactions Work with senior advisors to support lines of business in the application of sanctions compliance requirements, such as: new products, process development, development of controls and monitoring, remediation/corrective action of compliance breakdowns, and change in law or regulation Work with senior advisors to assist lines of business in the development and maintenance of the sanctions compliance program, such as how to monitor, report, and train Participate in targeted validations on controls over applicable regulations and sanctions compliance testing Develop an understanding of Compliance Risk Management Framework and applicable laws and regulations Assist in capturing, maintaining, and analyzing sanctions compliance data Participate in development and conducting of training directed to compliance and line of business associates Participate in projects through providing support to more senior advisors Participate in reporting activities in a support role Flexibility to travel to various Capital One locations if necessary Basic Qualifications: High School Diploma, GED or equivalent certification At least 1 year of Anti-Money Laundering (AML), or sanctions, or risk management, or international relations, or compliance experience Preferred Qualifications: Bachelor's Degree 3+ years of experience in Anti-Money Laundering (AML), sanctions, risk management, international relations or compliance experience 2+ years of Google Workplace experience 1+ years of experience working in payments Certified Anti-Money Laundering Specialists (ACAMS) or Certified Global Sanctions Specialist (CGSS) certification 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. 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.