Principal Risk Specialist - Anti-Money Laundering Risk Assessment

We are looking for a highly motivated and experienced Principal Risk Specialist to join our Risk Assessment team at Capital One. As the Principal Risk Specialist, you will be responsible for leading the Anti-Money Laundering (AML) Risk Assessment and providing expertise and guidance on AML risk management. The ideal candidate should have a deep understanding of the regulatory and compliance requirements related to AML and a proven track record in providing effective risk management solutions.You will be part of a motivated team that is devoted to protecting our customers and ensuring the soundness of our risk management practices. If you are passionate about making an impact and are looking for an exciting career opportunity, we want to hear from you. Required Qualifications: • Bachelor's Degree in a related field or equivalent experience• At least 8 years of experience in banking/financial services and/or AML compliance• Knowledge of global AML regulations and standards• Ability to interpret complex data and identify potential risks• Excellent written and verbal communication skills• Strong problem-solving and critical thinking skills• Proficiency in MS Office Suite and other technical tools

Responsibilities:

1. Develop and implement AML risk assessment framework and methodology.
2. Analyze and evaluate AML risk levels across the organization.
3. Identify, document, and mitigate AML risks.
4. Monitor and investigate suspicious transactions and activities.
5. Maintain up-to-date knowledge of global AML regulations and standards.
6. Support the development and implementation of AML compliance policies and procedures.
7. Develop and deliver AML training to relevant stakeholders.
8. Liaise with internal stakeholders and external regulatory bodies as needed.
9. Prepare reports and documentation related to AML risk assessment activities.
10. Ensure compliance with relevant legal and regulatory requirements.

According to JobzMall, the average salary range for a Principal Risk Specialist - Anti-Money Laundering Risk Assessment in New York, NY, USA is between $115,000 and $145,000.

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.