Principal Risk Specialist - Anti-Money Laundering Risk Assessment

We’re looking for an experienced Principal Risk Specialist - Anti-Money Laundering Risk Assessment to join our team at Capital One. As a key member of the Risk and Compliance team, you will be driving the anti-money laundering risk assessment program across the organization, overseeing the implementation of industry best practices and collaborating with other teams to ensure compliance with bank policy and regulatory requirements.To be successful in this role, you must have a Bachelor’s degree in a relevant field, along with 5+ years of experience in the risk management and compliance fields. Knowledge of banking regulations, policies, and procedures related to AML is essential. You must also have strong organizational, project management, and communication skills.If you’re passionate about AML risk management and have the skills to ensure our compliance with regulations and policies, we’d love to hear from you!

Responsibilities:

1. Oversee the implementation of anti-money laundering risk assessment program across the organization.
2. Implement industry best practices for AML risk management.
3. Collaborate with other teams to ensure compliance with bank policy and regulatory requirements.
4. Analyze banking regulations, policies, and procedures related to AML and recommend changes as necessary.
5. Monitor the AML risk assessment program to identify potential areas of risk.
6. Develop and execute strategies to mitigate AML risk.
7. Prepare reports on AML risk assessment results and present them to senior management.
8. Guide and mentor junior team members on AML risk management best practices.
9. Stay up to date on changes to AML regulations and provide relevant updates to stakeholders.
10. Provide training and guidance to internal stakeholders on AML risk.

According to JobzMall, the average salary range for a Principal Risk Specialist - Anti-Money Laundering Risk Assessment in McLean, VA, USA is $100,000 to $150,000 per year.

Capital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia. Capital One is ranked 11th on the list of largest banks in the United States by assets.