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
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 RecruitingAccommodation@capitalone.com. 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 Careers@capitalone.com
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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).
Who We Are
At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.
Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.