# AML and Sanctions Compliance Program Advisory - Principal Associate

**Company**: Capital One
**Location**: Nottingham
**Work arrangement**: hybrid
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://capitalone.wd12.myworkdayjobs.com/en-US/Capital_One/job/Nottingham--Eng/AML-and-Sanctions-Compliance-Program-Advisory---Principal-Associate_R1000973?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_e6f361d5-cd8

## Description

An opportunity exists for a seasoned financial crime professional to join the AML and Sanctions Compliance function at Capital One. Reporting directly to the UK MLRO, this role is critical to ensuring safe business growth by designing, co-ordinating, and implementing a robust AML and Sanctions risk management programme.

The successful candidate will take ownership of the end-to-end control environment, ensuring the framework is highly effective from initial onboarding through to ongoing transaction monitoring.

**Responsibilities**

**Driving the AML Work Programme**

- Design and implement bespoke, risk-based processes focusing heavily on Customer Due Diligence (CDD), including identifying and verifying legal entities, UBOs, Directors, and PSCs, as well as Sanctions and PEP screening, and Transaction Monitoring (TM).

- Ensure key AML projects, system implementations, and compliance reports are delivered accurately and on time.

- Take ownership of writing and updating policies, procedures, and annual training so they remain practical and fit for purpose.

- Use Quality Assurance as a coaching tool, providing actionable feedback to improve overall SAR quality.

**Strengthening the Control Environment**

- Maintain AML and Sanctions requirements, as well as testing plans, strictly aligned with UK regulatory standards and JMLSG guidance.

- Execute 2nd-line assurance to catch vulnerabilities in screening or TM rules before they become regulatory breaches.

- Take the lead on resolving risk events, tuning monitoring rules, and making sure audit findings are properly closed out.

- Foster relationships across the business where operational stakeholders proactively reach out when a control isn’t working as intended.

- Dig into first line functions to ensure their frontline AML checks are comprehensive and effective.

**Handling Complex Escalations**

- Provide credible challenge to first-line CDD processes, performing secondary QA checks to maintain exceptionally high compliance standards.

- Step into complex review meetings to help untangle difficult onboarding cases, tricky PEP/Sanctions alerts, or nuanced TM triggers, guiding the business to a confident decision.

**Requirements**

- A deep, practical understanding of the UK financial crime framework, including the MLRs, JMLSG guidance, POCA, and UK/OFSI sanctions regimes.

- Proven experience conducting end-to-end financial crime reviews in high-volume environments, effectively bridging the gap between first-line operations and second-line compliance.

- A strong appetite for continuous learning and professional development, evidenced by accredited industry qualifications (e.g., ICA, ACAMS).

**Benefits**

- Competitive pension and performance-based bonus schemes

- 25 days of annual leave, increasing with tenure, with the option to buy 5 additional days

- Access premium care through private medical insurance

- Enhanced parental leave

- Up to £5,000 in funding for external qualifications

## Skills

### Required
- UK financial crime framework
- AML
- Sanctions
- CDD
- Transaction Monitoring
- JMLSG guidance
- POCA
- OFSI sanctions regimes
- ICA
- ACAMS

---

Source: [Apply at capitalone.wd12.myworkdayjobs.com](https://capitalone.wd12.myworkdayjobs.com/en-US/Capital_One/job/Nottingham--Eng/AML-and-Sanctions-Compliance-Program-Advisory---Principal-Associate_R1000973?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)