Kaylan Olsen (Co-Treasurer) works as an AML Investigator with the Bank of Montreal’s High Risk MSB Team within the FIU Group. She is responsible for ensuring MSB compliance, Enhanced Due Diligence and transaction activity is in line with the Bank’s Risk Appetite.
Kaylan was first introduced to the AML field as an Intern for the Italian Ministry of Finance and Economics as part of their Financial Action Task Force (FATF) delegation. The Italian delegation held the Presidency of the FATF at the time and were responsible for finalizing the 2012 FATF Recommendations.
She has experience working with Compliance, EDD, Audit and Quality Assurance teams through 7 years of progressive roles at Scotiabank. While at Scotiabank she specialized in the assessment of AML risk controls, KYC procedural methodology, Best Practices training and developing KPI metrics for AML QA.
In addition, Kaylan participated in the Transcrime Bownet Project under the guidance of the European Commission DG Home affairs. The project researched and identified barriers to Beneficial Ownership of legal entities across Europe with the end goal of developing an intelligent system for tracking ownership. Kaylan is a certified Anti Money Laundering Specialist (CAMS) and holds a Bachelor of Arts from the University of Toronto and Master of Laws from the Università di Teramo.