Compliance Testing Manager - Anti-Money Laundering (AML)

About the role

The Compliance Testing Manager performs a key second line of defense role, to help ensure regulatory requirements are met across the enterprise and applicable lines of business. The Compliance Testing Manager will be responsible for performing quality assurance on testing executed by compliance testers.

Responsibilities

• Provide guidance on development of test plans
• Communicate changes in testing procedure, including schedule changes
• Ensure that testing results are executed timely, technically accurate, appropriately socialized with key stakeholders and reasonable
• Review work of Testing Team
• Demonstrate strong problem-solving and conceptual skills
• Demonstrate strong written and verbal communication skills
• Demonstrate strong negotiation and leadership skills
• Pursue compliance certifications if not already certified
• Manage and develop team of Compliance Testers
• Manage staffing assignments to ensure successful completion of calendar commitments
• Develop test plans, continually validate and improve test design
• Evaluate the accuracy of tests executed by compliance testers and adherence to processes and procedures
• Manage to testing schedules to ensure they are completed in appropriate timeframe
• Identify the need for improved data sourcing and partner with business and IT areas to develop improved data sources
• Manage data sourcing to ensure data is obtained following documented test plans and testing protocols
• Aid in helping to drive innovative ways to approach testing
• Amend testing calendar as needed
• Analyze and document work results
• Establish and maintain strong relationships with Compliance Advisors and Business Areas
• Engage with subject matter experts as needed to determine adherence to test procedures
• Provide updates on testing status as needed
• Support ICTT (Independent Compliance Transaction Testing) and Compliance audit and exams as needed

Qualifications

• Bachelor’s Degree or Military Experience
• At least 5 years of compliance testing, compliance, legal, audit, risk management, AML or Fraud investigation experience
• At least 2 years of people management experience

Preferred Qualifications:

• 6+ years of compliance testing, compliance, legal, audit, risk management, AML or Fraud investigation experience
• 3+ years of people management experience
• Strong working knowledge of Suspicious Activity Report (SAR), Currency Transaction Report (CTR), and/or Suspicious Transaction Reports (STRs) filing requirements
• Strong working knowledge of both US and Canadian laws and regulations as they relate to AML and Sanctions
• Ability to prioritize among many conflicting needs and advocate a course of action while remaining flexible and responsible to dynamic situations
• Association of Certified Anti-Money Laundering Specialists (ACAMS), Certified Fraud Examiner (CFE), Certified Financial Crime Specialists (CFCS) or Certified Regulatory Compliance Manager (CRCM) certification

Benefits

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.

Pay

Salaries for Compliance Testing Manager positions vary by location. For details, see the Pay section above.

Schedule

This role is expected to accept applications for a minimum of 5 business days. No agencies please.