Senior Manager - Anti-Money Laundering Compliance Testing

Capital One
New York, New York, United States
Nov 16, 2022
Dec 15, 2022
Full Time
NYC 299 Park Avenue (22957), United States of America, New York, New York

Senior Manager - Anti-Money Laundering Compliance 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 testing 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.

Compliance Testing Senior Manager will support the program by:

  • Leading the development, management, and execution of the AML Compliance Control 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 reviews and challenge for completed tests


  • Manage and develop team of Compliance testers
  • Ensure compliance and risk management testing processes are executed in accordance with relevant procedures & expectations
  • 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 Monthly Test Result reports for AML executives, senior compliance officers, and provide inputs to CCO and CRO reporting.
  • 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 within accounting, or at least 5 years of experience in audit, or at least 5 years of experience in compliance, specifically within financial services
  • At least 5 years of experience with Microsoft Office Suite and Google Suite
  • At least 3 years of people management experience

Preferred Qualifications:
  • Master's degree
  • 7 years of financial services consumer compliance monitoring experience, or 8 years of auditing experience, or 8 years of compliance testing experience, specifically within financial services
  • 7 years of people management experience
  • CRCM, CAMS and/or CIPP certification, 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.

Location is New York City

- $167,187 and $197,243 for Compliance Testing Sr. Manager

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.

No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. 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.

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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).