Director – Sanctions and Screening Advisory

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. 

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.

New York City (Hybrid On-Site): $202,400 - $231,000 for Director, ComplianceIllinois (Hybrid On-Site): $188,700 - $215,400 for Director, Compliance

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.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.This role is expected to accept applications for a minimum of 5 business days.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 (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable 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.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [email protected]. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One’s recruiting process, please send an email to [email protected]

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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).