Director, CTR Risk Management & Governance

Melville, New York
Capital One

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.