West Creek 4 (12074), United States of America, Richmond, Virginia
Director, Sanctions and Screening Advisory
Capital One is a leading financial services and technology company seeking to reimagine banking. One of our key risk management priorities is to continue to transform our AML and Sanctions program to enable rigorous, nimble, and sustainable AML and Sanctions risk management, delivered through partnership between the first, second, and third lines of defense, and tailored to Capital One's products, services, risks, and capabilities.
The Sanctions and Screening program is a core risk function within Capital One’s Anti-Money Laundering Department. This Group serves as a second line of defense and operates certain first line of defense controls for Capital One’s Lines of Business. Capital One has a highly motivated, mission-driven AML and Sanctions team focused on enabling rigorous, nimble, and sustainable risk management.
Capital One is seeking a Director within its Enterprise Screening and Sanctions Risk Management function leading the Sanctions and Screening Advisory team. We are seeking a results-oriented candidate with the experience, subject matter expertise, leadership, and proven effectiveness in a highly regulated environment to join a high-performing team.
The Director will provide sanctions compliance advice and expertise regarding business strategy and new products and services to leaders across our growing businesses. The Director will also own the management and oversight of our sanctions, high-risk business activity, negative news, and politically exposed persons-related screening policies and requirements; ensure that sanctions compliance and list screening intent adhere to regulations, policies, and standards; and advise, mentor, and develop a team of sanctions and screening advisors. The associate will also lead projects or process improvement teams and have significant interactions with Legal, Compliance, Lines of Business, and other teams across the enterprise.
The successful candidate will be self-starting and entrepreneurial, seeing around corners to identify tomorrow’s risks, and able to integrate themselves seamlessly into existing and emerging business lines. The Director will leverage strong analytical skills to ensure all components of the compliance program are in place and operating effectively with respect to the business areas for which the team is responsible.
Responsibilities:
- Serve as a credible business advisor and partner representing the sanctions compliance and list screening program to all Capital One businesses.
- Lead a team of sanctions and screening advisors as they support the implementation of sanctions compliance and list screening strategies and initiatives.
- Maintain expert knowledge of sanctions laws and regulations and provide regulatory expertise and counsel to a diverse group of risk and business leaders.
- Build strong partnerships and collaborate with business, technology, analytics, legal, and other stakeholders to reach optimal business and risk management outcomes in a dynamic and fast-moving environment.
- Effectively liaise, engage, and communicate with AML Advisory and business stakeholders when control gaps are identified and/or refer potential work to the appropriate stakeholders.
- Coordinate with cross-functional teams to accomplish shared objectives, including during periodic regulatory exams and audits.
- Support the management of issues with the businesses and risk offices as they arise.
- Anticipate, identify, and escalate risk scenarios where needed and propose potential mitigations and remediations.
- Display a high degree of emotional intelligence, foster good team dynamics, respond effectively to address employee concerns, and maximize the potential of team members.
Basic Qualifications:
- Bachelor’s Degree or military experience.
- At least 5 years of experience in sanctions compliance, legal, audit, or risk management.
- At least 5 years of people management experience.
Preferred Qualifications:
- Master’s Degree.
- At least 10 years of experience in Banking and Financial Services.
- At least 10 years of people management experience.
- At least 5 years of experience working with internal business clients.
- Experience in Sanctions Risk Management and Compliance.
- Proven ability to communicate, collaborate, and manage relationships with internal and external stakeholders at various levels in a matrixed organization.
- Strong written and verbal communication skills.
- High energy and a desire to work in a results-oriented, rapid growth environment.
- Team player with creativity, resourcefulness, a passion for problem-solving, comfort with ambiguity, and strong interpersonal skills.
- Ability to prioritize among many conflicting needs, advocate a course of action, and pursue it consistently, while remaining flexible and responsive to dynamic situations.
- Demonstrated ability to think strategically.
- Experience working in or with the U.S. government.