Compliance Insiders Speak: KYC Challenges and Opportunities Ahead for 2021
Featured Speakers :
Ryan is a subject matter expert in Bank Secrecy Act, Sanctions, KYC, and Customer/Enhanced Due Diligence. His professional experience is with surveillance and due diligence system implementations, facing-off with internal audit and regulators, as well as customer risk rating model validations.
Currently Ryan manages a team of AML/BSA professionals at a large regional bank (over six years) who analyze and mitigate compliance risk related to potential customer relationship termination for KYC infractions. Ryan also has a decade of AML/BSA experience at one of the largest global financial institutions.
Karin Jacobson is manager in the BSA/AML/OFAC department for a Chicago based bank holding company for the last ten years. She is currently responsible for the management of the Currency Transaction Reporting (CTR) team and the Enhanced Due Diligence (EDD) team and is a BSA Officer for three Bank owned subsidiaries.
She has over 23 years of experience in the banking industry, and has BSA/AML experience in; Operations, OFAC Sanctions, Currency Transaction Reporting, Customer Due Diligence and Enhanced Due Diligence. In her current role as the CTR & EDD Manager, she manages a team of BSA professionals and works to continually develop, maintain and implement best practices and procedures for the CTR, EDD and CIP programs for the financial institution.
Karin became a Certified Anti-Money Laundering Specialist (Association of Certified Anti-Money Laundering Specialists) in 2015. She is an ACAMS Member and ACAMS Chicago Chapter Member.
Kory Gedin leads a compliance team whose mission is to administer and advance Capital One’s Know Your Customer (KYC) Program through governance and program management, and is based in Mclean, VA. Prior to his current role, Kory spent over five (5) years in various Bank Secrecy Act /Anti-Money Laundering (BSA/AML) compliance advisory positions focusing on risk management, internal controls, policies and procedures, and process excellence. Kory also has branch operational leadership experience where he led the risk and operations of 21 branches. Kory holds a BA from the University of Pennsylvania, and an MBA from Wagner College. Kory has also earned a Certified Anti-Money Laundering Specialist (CAMS) certification, in addition to an Advanced CAMS-Risk Management (CAMS-RM) certification.
Jennifer L. Demos is responsible for implementing Wells Fargo’s company’s compliance strategy for its Merchant Services line of business. In her role as Vice President, she executes on business processes, and enhances and amends guidance and controls to make sure that the business line complies with all policies, laws, and Financial Crime regulations. Jennifer has over 10 years in financial crimes leadership and has served in a number of senior roles throughout the company and industry, including Financial Crimes Officer for Wells Fargo’s Chief Administrative office. In this role, she was responsible for leading Enterprise-wide Financial Crime exams and providing credible challenge to Wells Fargo Audit, their third line of defense.
Prior to joining Wells Fargo in 2016, Demos was the Business Intelligence Manager at the Bancorp, Inc., where she developed detailed business requirements and high level design for the customer alerting model of a >$10b bank that moved billions in payment volume per year. Demos began her BSA/AML career as a High Risk customer and OFAC Team Manager for a regional bank based in Minneapolis, MN. Jennifer currently resides in Tampa, FL.
John O’Neill received a Ph.D. in Chemical Engineering from the University of Illinois, modeling big data sets on supercomputers. He’s worked in the tech industry in Chicago for the last 25 years, primarily in the field of machine learning and Artificial Intelligence.
Complimentary webinar, presented by Silent Eight
Drawing on our successful ACFCS Webinar, “The Case for Ongoing KYC: Why the time for change is now,” we return this January to explore the topic in more detail with a panel of insiders from across the FinCrime space who represent some of the largest financial institutions in the world.
What are the problems they face as we enter (hopefully) the post-COVID world of 2021? What are the opportunities they see in the new year to enhance operational due diligence, manage risk, and ultimately make the world safer?
Join us on 19 January 2020 at 1pm EST to hear from senior banking leaders from a diverse range of financial institutions as they address these topics and more in a conversational webinar that will capture insights from those on the frontlines of financial crime prevention today.
In this webinar you will learn:
- What customers are too risky to onboard in 2021?
- What’s the next hot topic from regulators, and how can we prepare for it?
- What tools will leading banks be using to cope with growing alert volumes?
- How can the industry become more effective fighting Financial Crime?
- What role will Artificial Intelligence play in solving today’s challenges, and preparing for the future?