Senior Manager - Anti-Money Laundering Compliance Controls Review Testing

Senior Manager - Anti-Money Laundering Compliance Controls Review Testing

The Compliance Testing Senior Manager performs a key second line of defense role, to help ensure corporate initiatives and departmental processes comply with Anti-Money 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 execution 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 execution

• 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:

• Bachelor's 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:

• Master’s 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 Anti-Money 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 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: $170,800 - $194,900 for Compliance Testing Sr. Manager

 

New Orleans, LA: $155,300 - $177,200 for Compliance Testing Sr. Manager

 

Plano, TX: $155,300 - $177,200 for Compliance Testing Sr. M