AML and Sanctions Compliance - Principal Associate in Mansfield

Location: Nottingham - Hybrid Working Pattern: 3 days in-office (Tuesday-Thursday) and 2 days remote.

About the Role

In the FCC team, Principal Associates blend their financial crime expertise with strong stakeholder management to drive our UK AML Work Programme. They are the driving force behind delivering change, keeping projects on track, and ensuring our reporting and controls actually work in practice.

What You'll Do

• Overseeing our Financial Crime Delivery Team
  • Provide clear leadership, and advisory support for our first-line investigators.
  • Define clear standards so everyone knows exactly what success looks like.
  • Actively support training and development for our first-line teams.
• Driving the AML Work Programme
  • Ensure key AML projects and reports are delivered accurately and on time.
  • Take ownership of updating policies, procedures, and annual training.
  • Run necessary assessments and partner closely with the MLRO to navigate AML/CTF audits.
• Managing Suspicious Activity (SARs)
  • Work alongside the MLRO to ensure all suspicious activity decisions are approved.
  • Use Quality Assurance as a coaching tool, providing actionable feedback.
  • Keep sharp on the latest NCA guidance and translate those updates into practical advice.
• Strengthening the Control Environment
  • Keep our AML requirements and test plans fully aligned with UK standards.
  • Take the lead on resolving risk events and making sure audit findings are properly closed out.
  • Dig into first line functions to ensure their frontline AML checks are comprehensive and effective.
  • Foster relationships where stakeholders come to you proactively when a control isn’t working.
  • Execute 2nd-line assurance to catch vulnerabilities before they become actual problems.
  • Oversee and provide credible challenge of our Customer Due Diligence processes.
• Handling the Complex Cases
  • Perform secondary QA checks to maintain an exceptionally high standard.
  • Step into complex review meetings to help untangle difficult cases.

The skills and experience you’ll need

• Bring an understanding of the UK financial crime regulatory framework.
• Proven experience conducting and leading teams through end-to-end financial crime investigations.
• Confidently execute well-documented investigation decisions.
• Maintain a strong appetite for continuous learning and professional development.

Where and how you’ll work

This is a permanent position based in our Nottingham office. You’ll spend three days a week in the office (Tuesday-Thursday), with Monday and Friday being dedicated work-from-home days.

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:

• Competitive pension and performance-based bonus schemes.
• Start with 25 days of annual leave, increasing with tenure.
• Access premium care through our private medical insurance.
• Enhanced parental leave.

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.

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.

At Capital One, we’re building a leading information-based technology company. Guided by our shared values, we thrive in an environment where collaboration and openness are valued.