Greater St. Louis Chapter

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Upcoming Greater St. Louis Chapter learning events will be announced soon.

Welcome to the web page of the Greater St. Louis chapter of ACAMS. Launched on September 11, 2012, the mission of the Greater St. Louis chapter is to foster and promote the exchange of ideas and information amongst professionals dedicated to the detection and prevention of money laundering and the combating of terrorist financing. Our Chapter will accomplish this mission by organizing and staging various learning and networking opportunities that will be designed to gather professionals in an atmosphere that encourages the sharing of experiences and acumen. We will bring in topical speakers that will present information useful to help all members grow their knowledge base and hold events for the purpose of getting our local AML community together to share their ideas and insights pertaining to the AML topics of the day. If you are an AML professional in the Greater St Louis or surrounding areas, please consider joining us!

Upcoming Greater St. Louis Chapter learning events will be announced soon.

ACAMS Greater St. Louis Chapter Learning Event

The feedback from our last round-table event was very positive and we decided to follow that format again. If there is a topic that you would like to discuss with your peers, let us know and we will try to include it on our agenda for the event. The round-table discussion topics at this time will include:

  • Beneficial Ownership – Final Rule
  • Culture of Compliance and how companies view compliance
  • How to do entities gather and verify enhanced due diligence (EDD) information
  • Hot Topics (Medical Marijuana, Attendee topics, Iranian Sanctions, etc.)

The Greater St. Louis geographic area is comprised of diverse AML professionals from both the private and public sector. We anticipate our attendees will have backgrounds such as bankers, broker/dealers, regulators, law enforcement, insurance, IT, consultants, and many more.


ACAMS Greater St. Louis Chapter Holiday Happy Hour

Sponsord by:

RDC


Greater St. Louis Chapter Learning Event – “Round table discussion on various BSA/AML topic”


Greater St. Louis Chapter Networking Event – “What Happens to SARs after They Are Filed?”

Chapter members and guests enjoyed a webinar provided by ACAMS that outlined emerging crime trends in digital wallets and mobile banking. The presenters of the webinar provided perspectives from various backgrounds. They included one of the largest providers of prepaid debit cards and a large regional banking organization. Topics discussed during the webinar included outlining the AML challenges mobile banking and digital wallets present for regulators and law enforcement, identifying critical infrastructure requirement for compliance and understanding how to review alternative payments and methods of abuse for cyber criminals. Finally, the presenters wrapped up the webinar by explaining how to strengthen your institution’s CDD processes and adopting new transaction monitoring controls. Attendees of the event also took part in a brief discussion after the webinar to compare thoughts and perspectives on this topic. The event was held at Scottrade, Inc. and was sponsored by Actimize.


Greater St. Louis Happy Hour – New Year Kickoff


Greater St. Louis Chapter Networking Event – “Emerging Crime Trends in Digital Wallets and Mobile Banking”

Chapter members and guests enjoyed a webinar provided by ACAMS that outlined emerging crime trends in digital wallets and mobile banking. The presenters of the webinar provided perspectives from various backgrounds. They included one of the largest providers of prepaid debit cards and a large regional banking organization. Topics discussed during the webinar included outlining the AML challenges mobile banking and digital wallets present for regulators and law enforcement, identifying critical infrastructure requirement for compliance and understanding how to review alternative payments and methods of abuse for cyber criminals. Finally, the presenters wrapped up the webinar by explaining how to strengthen your institution’s CDD processes and adopting new transaction monitoring controls. Attendees of the event also took part in a brief discussion after the webinar to compare thoughts and perspectives on this topic. The event was held at Scottrade, Inc. and was sponsored by Actimize.


Model Risk Management from a BSA/AML Perspective

The Greater St. Louis Chapter held a learning event at Scottrade on July 15, 2013 where attendees were given a BSA/AML perspective on model risk management. Our presenters included Executive Board member Animesh Shah and Tom Lazard, both from Crowe Horwath, LLP and the event was sponsored by Equifax. Attendees were given an overview of model risk management regulatory guidance and enforcement and were given critical components of executing an effective validation of an AML model consistent with regulatory guidance as outlined in SR Letter 11-7. Attendees were also given prescriptive and quantitative approaches to the tuning and optimization of models relied upon for AML compliance. Examiner expectations in managing and demonstrating an effective AML model risk framework were also discussed.

Co-Membership Director Animesh Shah and Tom Lazard from Crowe Horwath

Co-Membership Director Animesh Shah and Tom Lazard from Crowe Horwath

Co-Chair Tim Friedman introduces the learning event for the evening and discusses chapter membership benefits

Co-Chair Tim Friedman introduces the learning event for the evening and discusses chapter membership benefits

Co-Programming Director Ron Moore introduces the guest speakers from Crowe Horwath

Co-Programming Director Ron Moore introduces the guest speakers from Crowe Horwath


Molly Darcy’s at the Seven Gables Inn in Clayton, MO

Keith Brisotti

Keith Brisotti, CAMS
Co-Chair
Edward Jones

Keith currently serves as a Senior Team Leader in the Payment Risk Oversight department at Edward Jones. Prior to this role, Keith served as AML Governance and Advisory Manager for Wells Fargo Advisors and First Clearing. He has over 23 years of experience in the brokerage industry starting out in various operational roles in New York and Milwaukee, WI before moving into the Risk/Compliance space 16 years ago while with Bank of New York (BNY) Clearing in Milwaukee. Keith moved to Wachovia Securities (now Wells Fargo Advisors) in Richmond, VA in 2004 as a member of their Compliance Department. From there he moved over to First Clearing Correspondent Services as a Compliance Liaison.

Keith holds a Masters in Business Administration from The Keller Graduate School of Management and a Bachelors Degree from Siena College in Loudonville, NY. He is a Certified Anti-Money Laundering Specialist (CAMS) and currently holds active FINRA Series 7, 24, and 27 registrations.

Email: keith.brisotti@edwardjones.com


Ron Moore

Ron Moore, CAMS, CFE
Co-Communications Director
Scottrade, Inc.

Ron Moore is the Senior Anti-Money Laundering Specialist for Scottrade, Inc. His duties include approving Suspicious Activity Reports (SARs), tracking key performance indicators (KPIs), performing supervisory oversight, and helping to interpret rules, regulations, guidance and enforcement actions.

Since joining the Anti-Money Laundering Compliance unit in 2007, Ron, has assisted with the training of new AML associates, the implementation of a new transaction monitoring system, and has been involved in the creation, tuning and analysis of new alerts and monitoring procedures for Scottrade’s bank and brokerage divisions.

Prior to moving into Scottrade’s Anti-Money Laundering Compliance unit, Ron was a member of the firm’s Training & Development department, where he educated home office and branch associates on policies, procedures and general market knowledge.

Ron holds a Masters in Business Administration and is a Certified Fraud Examiner (CFE). He is a Certified Anti-Money Laundering Specialist (CAMS) and currently holds active FINRA Series 7, 63, 24 and 55 registrations.


Chris Saykes

Chris Saykes, CAMS
Co-Communications Director
Federal Reserve Bank of St. Louis

Chris Saykes is currently a Senior Examiner with the Federal Reserve Bank of St. Louis. He has over 11 years of experience in the banking industry as a regulator. Chris also served 2 years as a senior bank consultant for a regional accounting firm serving as a BSA/AML and OFAC compliance specialist, where he provided advisory services for a number of large and diversified financial institutions. Currently, Chris is serving a rotational assignment in the Monitoring and Enforcement Unit of the Reserve Bank where he is designated as the central point of contact for a portfolio of financial institutions. Chris is also a member of his Reserve Bank’s BSA/AML Knowledge Group.

Chris received his Masters of Business Administration (MBA) from Keller Graduate School of Management and his undergraduate degree from St. Louis University where he majored in Finance. Chris is also a Certified Anti-Money Laundering Specialist (CAMS).

Email: chris.w.saykes@stls.frb.org


Hal Rutherford

Hal Rutherford
Edward Jones
Treasurer

Hal Rutherford joined Edward Jones in 2008 as the Anti-Money Laundering Department Leader. In this role, his responsibilities included oversight for the Anti-Money Laundering Program for the US and UK, Customer Identification Program, and Internal Fraud Prevention. Rutherford was instrumental in developing the AML and CIP program for Canada to comply with the Proceeds or Crime (Money Laundering) and Terrorist Financing Act.

In addition to his CPA and Series 7 and 66 licenses, Rutherford achieved his Certified Anti-Money Laundering Specialists (CAMS) certification in 2010.

In 2011, Rutherford was asked to expand his responsibilities to include the Customer Debits department which is charged with identification of client fraud and timely collection of client debts. This in addition to his AML, CIP, and Internal Fraud responsibilities lead to the creation of the Cash Operations Oversight department. Rutherford chairs the firm’s AML/Compliance/Fraud Committee that recommends firm policy changes based on new regulations, industry trends, and internal case reviews.

Prior to joining Edward Jones, Rutherford worked as a Certified Public Accountant at PricewaterhouseCoopers where he specialized in systems and process assurance, developing and delivering consulting services, and regulatory compliance within the financial services industry.

Originally from St. Louis, Rutherford graduated with a Masters of Accountancy and an emphasis in Information Systems from the University of Missouri-Columbia.

Email: harold.rutherford@edwardjones.com


Animesh Shah

Animesh Shah
Co-Membership Director
Oracle Financial Services Software Inc.

Animesh Shah is Principal Consultant at Oracle Financial Services Software Inc. He has over 15 years of professional experience in IT industry of which the past eight and a half years have been in helping clients design, develop and implement Anti-Money Laundering (AML), Know Your Customer (KYC) and Trading Compliance (TCM) solutions for major financial institutions. He has extensive experience in BSA compliance, AML, Risk technology advisory services, strong project/program management experience, business analysis, product implementation and software development processes. In his current assignment, he has been instrumental in helping one of the biggest financial institutions design, develop and implement AML solutions across the institution’s LATAM, EMEA, APAC and NAM business centers.

Prior to working in AML area, he worked at FINRA in providing solutions for Market Regulations group to monitor the trades by Passive Market Makers. Also he has prior experience in Managing Foreign Exchange Positions by using variety of hedging techniques. He earned his MBA in 1998.

He served as the Maryland State representative from March 2009 to July 2010 for International Rett Syndrome Foundation (IRSF), an organization dedicated to fund research for treatments and a cure for Rett syndrome while enhancing the overall quality of life for those living with Rett syndrome by providing information, programs, and services. Currently he has been appointed on the Board of Directors for Missouri TASH, an organization dedicated to promote the full inclusion and participation of children and adults with significant disabilities in every aspect of their community.

Email: animesh.shah@gmail.com


Stephanie J Lambert

Stephanie J. Lambert, CAMS
Co-Membership Director
Scottrade, Inc.

Stephanie Lambert is Assistant VP and Deputy BSA/AML Officer for Scottrade, Inc.

Prior to joining Scottrade, Stephanie managed the AML Governance & Advisory group for Wells Fargo Advisors. She was also a part of the AML Division and Capital Markets/Operations Compliance Officer for Edward Jones. Stephanie started her career in the consumer banking environment where she spent 5 years with Bank of America. Stephanie has over 12 years of experience working in Retail Bank and Brokerage International Financial Services organizations.

Stephanie holds the Certified Anti-Money Laundering Specialist (CAMS) designation. She received her Bachelor’s Degree and MBA in International Business from Saint Louis University.

Email: slambert1@scottrade.com


Patti Paplanus

Patti Paplanus
Secretary
First National Bank of St. Louis

Patti Paplanus is a BSA/AML specialist with over 38 years of experience in banking industry. In her current role, she manages all aspects of BSA/AML compliance for First National Bank of St. Louis. Prior to her transition to the BSA/AML field, Patti spent 31 years in the audit, retail operations, data/telecommunications, security and depository compliance areas of the banking industry. Patti earned her CAMS certification in 2010 and currently serves on the Executive Board of the Greater St. Louis Area ACAMS Chapter.

Email: patti_paplanus@fnbstl.com


Wendy Lewis

Wendy Lewis, CAMS
Co-Secretary
InteliSpend Prepaid Solutions | A Blackhawk Network Business

Wendy Lewis is responsible for mitigating company risk while balancing cardholder, client, merchant, sales, and marketing needs with compliance needs. Lewis and her team are responsible for all legal, compliance and risk functions including fulfilling widening regulatory requirements. In addition, her duties include adherence to applicable laws, company-wide contract management, cardholder terms, collections, product disclosures, and more.

Prior to this role, Lewis served as director of human resources, director of legal management, and director of legal, compliance, and risk management. She graduated summa cum laude with a B.S. in business management from Maryville University. She is also a Certified Anti-Money Laundering Specialist.

Email: wendy.lewis@bhnetwork.com


Cheryl Cravens

Cheryl Cravens
Co-Program Director
Scottrade, Inc.

Cheryl Cravens is a Manager, AML Governance at Scottrade, Inc., headquartered in St. Louis, MO primarily responsible for designing, implementing and managing a newly formed enterprise-wide AML internal-controls assessment program.

Ms. Cravens brings 20 years of broad financial services experience, including 15+ years relating to regulatory compliance for; banks, broker-dealers, insurance agencies, investment advisors, investment companies, and self- regulatory agencies, with a thorough understanding of; anti-fraud, anti-money laundering, compliance, ethics, governance and risk management.

Ms. Cravens received her Bachelor’s Degree in Finance from the University of Kentucky, and her M.B.A. from the University of Louisville. She holds the following professional designations; Certified Anti-Money Laundering Specialist (CAMS), Certified Compliance and Ethics Professional (CCEP), Certified Fraud Examiner (CFE), Certified Risk and Compliance Management Professional (CRCMP), and Wharton Certified Regulatory and Compliance Professional (CRCP).

Email: ccravens@scottrade.com


Jonathan Ramos

Jonathan Ramos
Co-Treasurer
Scottrade, Inc.

Jonathan is currently an internal auditor for Scottrade Financial Services, Inc. (SFSI), assigned to completing both financial and operational audits for Scottrade Bank, a subsidiary of SFSI. His responsibilities include performing risk assessments, documenting processes and key controls, creating audit procedures to test the design and operating effectiveness of the key controls, and reporting issues identified. Current and past audit engagements include auditing bank fund transfer IT platforms, employee retail bank accounts, and Scottrade’s Enterprise AML function, which includes Scottrade Financial Services, Inc. and affiliates and their compliance with BSA/AML and OFAC Regulations.

Prior to working as an auditor, Jonathan worked in Scottrade Inc.’s Anti-Money Laundering Compliance department supporting Scottrade’s subsidiaries. His responsibilities included transaction monitoring of retail and employee accounts for both Scottrade brokerage and bank subsidiaries. Jonathan currently holds the Certified Anti-Money Laundering Specialist (CAMS) designation and is a member of the ACAMS Greater St. Louis Chapter. In addition Jonathan also holds the series 7, 24, & 63 securities licenses, is a member of The Institute of Internal Auditors (IIA), and has worked in the financial services industry for more than 6 years. Jonathan received his Bachelor’s Degree in Finance – Investment Banking from Brigham Young University in Provo, Utah.

Email: jramos@scottrade.com