AML and Sanctions Compliance - Principal Associate

What You'll Do

Overseeing our Financial Crime Delivery Team

Mentor and grow: Provide clear leadership, and advisory support for our first-line investigators.

Set the standard: Define clear standards so everyone knows exactly what success looks like.

Develop our best people: Actively support training and development for our first-line teams so we have the best performing, expert teams.

Driving the AML Work Programme

Keep the wheels turning: Ensure key AML projects and reports are delivered accurately and on time.

If it isn't documented, it didn't happen: Take ownership of updating policies, procedures, and annual training so they are practical and fit for purpose.

Audit support: Run necessary assessments and partner closely with the MLRO to navigate AML/CTF audits.

Managing Suspicious Activity (SARs)

Make the right call: Work alongside the MLRO to ensure all suspicious activity decisions are approved by the book.

Raise the bar: Use Quality Assurance as a coaching tool, providing actionable feedback to improve our overall SAR quality.

Stay ahead of the curve: Keep sharp on the latest NCA guidance and translate those updates into practical advice for the team and the wider business.

Strengthening the Control Environment

Maintain the standard: Keep our AML requirements and test plans fully aligned with UK standards.

Fix what's broken: Take the lead on resolving risk events and making sure audit findings are properly closed out.

Look at the big picture: Dig into first line functions to ensure their frontline AML checks are comprehensive and effective.

Build trust: Foster the kind of relationships where stakeholders come to you proactively when a control isn't working.

Test the defenses: Execute 2nd-line assurance to catch vulnerabilities before they become actual problems.

Find the bad guys: Oversee and provide credible challenge of our Customer Due Diligence processes

Handling the Complex Cases

The final set of eyes: Perform secondary QA checks (QA on the QA) to maintain an exceptionally high standard.

Provide clarity: Step into complex review meetings to help untangle difficult cases and guide the team to a confident decision.

The skills and experience you'll need

Know the landscape: Bring an understanding of the UK financial crime regulatory framework to set the compliance standard (knowledge of the Money Laundering Regulations, JMLSG, and the Proceeds of Crime Act are essential).

Lead from the front: Proven experience conducting and leading teams through end-to-end financial crime investigations in high-volume consumer credit environments.

Make defensible calls: Confidently execute well-documented investigation decisions to ensure consistent submission of high-quality SARs.

Sharpen your edge: Maintain a strong appetite for continuous learning and professional development through accredited industry bodies (e.g., ICA, ACAMS).

Where and how you'll work

This is a permanent position based in our Nottingham office.

We embrace a hybrid approach to work. You'll spend three days a week in the office (Tuesday-Thursday), with Monday and Friday being dedicated work-from-home days.

Our offices are designed to inspire and support you. At our Nottingham head office, you'll find an on-site gym, restaurant and dedicated Learning Loft.

What’s in it for you

We invest in the growth of our people alongside our business. You will have extensive opportunities to learn and develop your career, including access to up to £5,000 in funding for external qualifications.

In addition to career development, our comprehensive benefits package is designed to grow with you, ensuring your wellbeing is prioritised at every stage of your career:

Wealth & Future: Competitive pension and performance-based bonus schemes

Holidays: Start with 25 days of annual leave, increasing with tenure. Need more? You have the option to buy 5 additional days.

Health: Access premium care through our private medical insurance.

Family Support: We champion your milestones with enhanced parental leave.

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A full list of our benefits is availablehere.

What you should know about how we recruit

We pride ourselves on hiring the best people, not the same people. Building diverse and inclusive teams is the right thing to do and the smart thing to do. We want to work with top talent: whoever you are, whatever you look like, wherever you come from. We know it’s about what you do, not just what you say. That’s why we make our recruitment process fair and accessible.

We value diversity, inclusion and belonging at our core. We empower our associates to do great work by creating an inclusive culture—one that values diverse perspectives, fosters collaboration and encourages innovative ideas—and a place where associates of all backgrounds can thrive by bringing their most authentic selves to work. We call this our Culture of Belonging, and it rests at the heart of our business.

Our associate-led Business Resource Groups were created to help support our diverse population and include over 10 groups across our offices. Because each Business Resource Group is as unique as the population it serves, they offer a range of activities, networking opportunities, special events and learning programmes to associates.

Capital One is committed to diversity in the workplace.

If you require a reasonable adjustment, please contact ukrecruitment@capitalone.com All information will be kept confidential and will only be used for the purpose of applying a reasonable adjustment.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

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).