Director, CTR Risk Management & Governance
The Anti-Money Laundering (AML) Group is a core risk function within Capital One's Corporate Compliance Department. This Group serves as a second line of defense. In this role, you will act in a Risk Steward capacity with a focus on enterprise Currency Transaction Reporting (CTR) to lead and/or manage many of the substantive compliance issues that arise in Corporate Compliance or in the 1st Line Business Areas. Among other things, you will:
- Consult with AML Compliance leaders and 1st Line Business Areas to articulate CTR program strategy, CTR regulations, risks and regulations.
- Maintain knowledge of financial industry laws and regulations and provide regulatory expertise in consulting with a diverse group of business leaders.
- Provide leadership to CTR Program associates as they perform compliance duties and/or provide CTR requirement compliance advice to Business Areas.
Responsibilities:
- Compliance Advising: Ensure proper oversight of CTR-related risks and controls, including control design and documentation; conduct CTR trend and thematic analysis of incidents; evaluate 1st Line Business Area initiatives and processes from a compliance perspective, including new products, operating systems, and changes that may impact adherence with CTR filing requirements.
- Influence and guide business leaders in the execution of their decision and ensure that business stakeholders understand potential CTR-related risks.
- Leads and participates in developing enterprise CTR Program strategic plans and policies that exceed the expectations of auditors and examiners.
- Influence CTR platform initiative and enhancement prioritization process in partnership with product team and lead CTR change governance and evaluation process.
Additional Experience:
- Experience in a financial crime compliance role or line of business advisory role, preferably within financial services with a sound knowledge of fraud and scam typologies.
- Experience in leading enterprise AML risk or strategy, risk assessments, influencing executive leaders, and resolving highly complex business problems through critical thinking.
- Experience providing leadership and guidance to staff, fostering an environment that encourages associate participation, teamwork, and communication.
- Ability to manage projects and conflicting deadlines.
- Excellent written and verbal communication skills with a customer focus mind-set.
Basic Qualifications:
- Bachelor's Degree or military experience.
- At least 5 years of experience in compliance management.
- At least 10 years of experience in Banking or Financial Services.
Preferred Qualifications:
- Juris Doctorate or Master's degree in Accounting, Finance, or Business Administration.
- Certified Anti-Money Laundering Specialist (CAMS), Certified Risk Professional, or Certified Regulatory Compliance Manager (CRCM) certification, or its equivalent.
- At least 10 years of experience in compliance management.
- At least 15 years of experience in Banking or Financial Services.
- At least 5 years of Currency Transaction Reporting Program experience.
- At least 2 years of experience in project or process management.
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:
- McLean, VA: $200,100 - $228,400
- Melville, NY: $218,300 - $249,100
- Plano, TX: $181,800 - $207,500
- Richmond, VA: $181,800 - $207,500
Candidates hired to work in other locations will be subject to the pay range associated with that location. This role is also eligible to earn performance-based incentive compensation, which may include cash bonus(es) and/or long-term incentives (LTI).
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 committed to diversity and inclusion in the workplace.
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