ENHANCED DUE DILIGENCE MANAGER

Imagine a Fortune 500 company with a real maverick streak. A financial powerhouse poised to redefine its own industry. Yes, Capital One has moved into the world of retail banking! Capital One Financial Corporation is a holding company offering an unmatched range of financial products and services to consumers, small businesses and commercial clients. We're headquartered in McLean, Virginia, with more than 316 locations in Texas and Louisiana - but our ambitions are truly national.

So what does this mean for you? How about the chance to excel in our supportive, team-oriented environment. To be challenged to advance your skills alongside the brightest talent in the business. And to take on important responsibility from day one while building a rewarding career - all with a fast-growing industry leader.

Job Function ?
The Enhanced Due Diligence Manager will manage the execution of the due diligence program to ensure the BSA-AML requirements of the bank are being met throughout the life cycle of a customer relationship.? This individual will lead a team of analysts who will manage the increased risks associated with banking customers who because of products, services, customer base, geographic location, business activity or other reasons pose a heightened risk of money laundering, terrorist financing or other suspicious activity.

Job Responsibilities ?
20% Manage a team of analysts who will perform a centralized review function to capture, document and assess an individual customer's BSA-AML risks.

15% Develop strategies to further categorize high exposure customers into risk groups based on data collected from various sources.

15% Manage the rollout of BSA-AML risk management tools and methodologies across the Bank.? Responsible for developing the overall program plan, overseeing the execution of the plan and providing regular status reporting to executives with AML-BSA accountabilities.

10% Tailor risk assessment templates and information capture systems to harvest and validate customer information.? Assist in the deployment and training associated with these tools and analytics.

5% Initiate remediation activities for customers that pose an undue risk to the Bank.

10% Work in conjunction with other functional areas of the Bank to ensure the enterprise level BSA-AML objectives are being met.

5% Participate in working groups and information sharing initiatives within and outside the organization to acquire, socialize and implement best practice solutions to minimize risk.

5% Act as the central point of contact for receiving, researching, documenting and responding to FinCEN 314(a) requests and OFAC filter updates.

5% Manage an effective account closing policy to ensure the timely discontinuance of banking services for customers who exhibit ongoing suspicious activity.

10% Administer quality control reviews of data collection and analysis to ensure the effectiveness of controls and reporting.

Ongoing Other duties as assigned by Supervisor.

Required Skills:
Education and Related Experience ?
Bachelor's Degree in Finance, Accounting, Business Administration, or related degree. Advanced degree preferred.
?? 7+ years experience working in a financial institution with a strong working knowledge of consumer and/or commercial banking processes and applicable laws and regulations.
? 3+ years experience in guiding or advising a regulated line of business
? 3+ years supervisory experience.

Skills and Abilities ?
? Must be able to manage people both directly and indirectly
? Strong relationship management skills
? Leadership and consulting capabilities
? Strong business acumen
? Strong project management skills
? Proven analytical skills
? Experience managing business and organizational changes
? Strong initiative and problem identification skills
? Excellent communication skills are a must

Working Conditions and/or Physical Requirements ?
?Ability to work under stress and meet deadlines.
?Ability to operate a keyboard if required performing the essential job functions.
?Ability to read and interpret a document.
?Ability to lift/move/carry approximately 20 pounds if required to perform the essential job functions.? If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department an "undue hardship" then the employee must be accommodated; hence, omitting lifting as a physical requirement.

To apply, please visit www.capitalone.com/careers
Job reference #16480



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