The Greater Salt Lake City Chapter of the Association of Certified Anti-Money Laundering Specialists is dedicated to support the financial community in Utah by developing and strengthening relationships between financial professionals, with the objective of increasing knowledge of money laundering trends, and methods to detect and prevent financial crimes.
Upcoming Greater Salt Lake City Chapter learning events will be announced soon.
Hot Topics Trending in AML
March 31, 2017
The Greater Salt Lake City ACAMS Chapter held a learning event on Friday, March 31, 2017. Nearly 70 attendees came out to enjoy breakfast and the opportunity to network with others from different financial institutions.
We heard from Sterling Daines, Managing Director, Global Compliance Division, Goldman, Sachs & Co. Mr. Daines is Deputy Head of the Global Financial Crime Compliance program of Goldman Sachs. He also manages the firm’s global Anti-Money Laundering/Suspicious Activities Group, which is responsible for executing the firm’s anti-money laundering and sanctions program firm-wide.
Sterling addressed the following Hot Topics:
- NYDFS Rule, regarding transaction monitoring and filtering programs and its applicability to all institutions
- De-Risking best practices and the differences between analyzing individual risks vs not providing certain banking services. Additional discussion covered what continues a “reasonable” amount of due diligence.
- Effects of Cyber-Crime on surveillance and SAR filing and current 2016 FinCEN guidance on this topic.
- New CDD Rule, regarding beneficial owners and the challenges most banks continue to experience as they work to implement the “customer profile” and “refresh” portions of this rule.
Thank you to Goldman Sachs for hosting this event and to all those who attended.
Refugees and the Banking Industry: A Look at Banking and Finance Challenges Faced by the Refugee Community
December 15, 2016
Please join the ACAMS Greater Salt Lake City Chapter on Thursday, December 15, 2016, for a special breakfast-networking event and presentation by guest speaker Solomon Awan, a Sudanese refugee working as a job developer at the Utah Division of Workforce Services. Solomon will detail the many challenges faced by the refugee community in banking and finance and highlight the unique money laundering and fraud risks that follow the movement of refugee funds across the globe.
3rd Quarter Session Event at Zions Bank
September 21, 2016
“BSA & Marijuana – a ‘High’ Risk?”
April 20, 2016
Quarterly Education Event: “What you may have missed at the Vegas ACAMS Conference.”
November 6th, 2015
Breakfast with the ACAMS Greater Salt Lake City Chapter
June 10, 2015
How Digital Currency Changes the Money Laundering Landscape
February 12, 2015
Salt Lake City ACAMS Chapter Launch Event
November 6, 2014
Aaron Blankenstein has served as the Board appointed BSA/AML Officer for multiple large online institutions including GE Capital Bank and Ally Bank. In these positions, Mr. Blankenstein oversaw efforts to protect these banks from money laundering, Fraud and other forms of illicit financial activity. Mr. Blankenstein has over 15 years of experience in the banking industry and has worked in many areas of Consumer and Commercial Compliance. Mr. Blankenstein was recently hired to support the Financial Crimes Compliance program for Goldman Sachs recently acquired online consumer businesses. Aaron holds a Master’s Degree in Organizational Management and is a Certified Anti-Money Laundering Specialist (CAMS).
Vasiliki Katsikathas is a compliance analyst at Optum Bank in West Valley City, Utah. She has been in the banking industry for 15 years and has served in a compliance capacity for over 6 years. She is a Certified Regulatory Compliance Manager (CRCM) and Certified Anti-Money Laundering Specialist (CAMS). Vasi graduated from Westminster College in Salt Lake City, Utah, with a triple-major in political science, finance, and international management, and double-minor in Spanish and economics. She also holds a Masters Degree in Business Administration with an emphasis in organizational behavior.
Darin H. Jarrett is Senior Vice President and Corporate Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) Manager for Zions Bancorporation (NASDAQ: ZION) based in Salt Lake City, Utah. He has held the position since January 2011 and in this capacity oversees the enterprise-wide AML Program for the Bancorporation, which includes eight subsidiary banks and four investment and trust affiliates.
Prior to managing the Corporate AML Program, he was the BSA/AML Compliance Officer for Zions Bank, the oldest and largest of the Bancorp subsidiary banks. He held the position since October 2006 and in that capacity managed all aspects of the bank’s BSA/AML program. Specifically, he managed day-to-day operations to ensure compliance with all applicable BSA/AML laws and regulations, including the review of suspicious activity, OFAC and sanctions compliance, currency transaction reports and the administration of BSA/AML training for the bank.
His career at Zions began in 1996 in retail banking. After five years in the retail bank he worked in Private Banking operations and compliance. Following his time in Private Banking, he was named the Compliance Officer for Zions Insurance Agency. Later he was promoted to Vice President and Private Services Division Operations & Compliance Officer.
He has been a member of the Association of Certified Anti-Money Laundering Specialists since February 2008, and obtained the Certified Anti-Money Laundering Specialist (CAMS) professional designation in October 2008. In 2010 he was a finalist for the ACAMS AML Professional of the Year. He holds an MBA and a bachelor’s degree in business, both from Utah State University. He is a graduate of the ABA National Compliance School (2007) and has completed the ABA Business of Banking Program (2013).
He resides in West Jordan, UT, is married with three children, and enjoys downhill skiing, basketball, and playing the drums and guitar.
Kelly has been with Zions Bancorporation for 28 years, beginning his Zions career in Zions Bank Branch Operations in 1986 and worked in branch and administration capacities until 1997. Kelly became the Operations Compliance Officer and BSA Officer in 1997, and transferred to the holding company as the Corporate AML/Operations Compliance Manager in October 2001, and became the Assistant Director of Corporate Compliance in January 2011.
Kelly earned his Associates Degree in Banking and Finance from Utah Valley Community College and later graduated from the University of Phoenix in Business Administration. He attended the ABA National Compliance School in 1997 and the ABA Graduate School of Compliance Risk Management in 2008. Kelly was awarded the designation of Certified Anti-money Laundering Specialist in March 2003 after passing the required exam with the first set of candidates to sit for the exam and became a Certified Regulatory Compliance Manager exam in June of 2004.
In addition to standing as an advisory and coordinating body, Zions’ Corporate Compliance employs over 170 individuals responsible for monitoring compliance processes for eight affiliate banks and various investment and trust businesses in ten Western States.
Kari R. Kirk,CAMS,CRCM
Discover Financial Services, Inc.
Kari Kirk is the Senior Manager for the Western Region of the Compliance Testing, Monitoring and Reporting team for Discover Financial Services, Inc. She previously worked as the Compliance Review Manager at Zions Bancorporation. She has worked in the financial industry for nearly 30 years in various areas of operations. Kari’s focus for the last 15 years in Compliance has been assessing control environments across various business lines and products. This includes planning, execution and reporting for compliance testing and collaborating with business management to develop corrective action and enhance controls. Kari holds a Bachelor Degree in Business Management, obtained her Certified Anti-Money Laundering Specialist (CAMS) certification in 2010, and is a Certified Regulatory Compliance Manager (CRCM).
Assistant Program Director
Matt McQueen currently works as the Zions First National Bank divisional BSA Officer in Salt Lake City, UT. He has been affiliated with the bank for eight years in varying anti-money laundering capacities. Prior to joining Zions Bank, Matt worked as a BSA/AML Auditor and Financial Crimes Investigator for Wells Fargo Bank in Denver, CO. Matt joined the private sector after serving as a Special Agent in the United States Secret Service
Kenzie Mexican has 12 years of BSA/AML experience that includes BSA program management, BSA/AML quality assurance, and suspicious activity investigations. Kenzie is currently a BSA/AML Compliance Supervisor at Zions Bancorporation responsible for managing SAR detection and filing for the AML and fraud realms. Prior to joining Zions Bancorporation, Kenzie held an AML Compliance Manager position at a Forex Investment Firm where she was responsible for developing, implementing, and managing a BSA program. Kenzie has been a Certified Anti-Money Laundering Specialists (CAMS) since 2008.