Welcome to the Richmond ACAMS Chapter website! The Chapter seeks to provide education and networking opportunities towards advancing the knowledge and skills of those involved in the identification, detection and prevention of money laundering. Through hosting events featuring speakers from various industry segments and the Government, we plan to be a resource for financial institutions and related businesses, law enforcement, and the academic community. Additionally, the Richmond Chapter will continually seek out opportunities to distinguish CAMS members as the preferred subject matter experts in the field of anti-money laundering compliance.

Congratulations to our Board Member Elaine Yancey on being featured in the ACAMS Today article “Women in AML”.

Elaine Yancey, a Managing Examiner at the Federal Reserve Bank of Richmond is featured in an article in the March-May issue of ACAMS today. The article is a showcase to influential women in the AML field including those with years of experience and newcomers who are also leaving their stamp on the industry. When ACAMS Today asked veterans in the field what their proudest AML career moment was, Elaine’s response highlighted another valuable organization in the Richmond area with which she has shared her knowledge and expertise:

“The date was March 19, 2013, and the location was sunny Hollywood, Florida, the venue for the 18th Annual ACAMS International AML and Financial Crimes Conference. This was the day that ACAMS Executive Vice President John J. Byrne publicly recognized the efforts of the BSA Coalition by giving it the ACAMS Private-Public Sector Service Award. As a regulatory advisor to this unique organization, a group of AML professionals who discuss and resolve BSA/AML issues, I have learned so much. I am honored to be among women recognized in the AML field.”

ELAINE RUDOLPH YANCEY, MBA, CAMS
Managing Examiner, The Federal Reserve
Bank of Richmond, United States

As the BSA Coalition’s Regulatory Advisor Elaine has worked in partnership with financial institutions, regulators, and law enforcement to provide the necessary tools to bankers to establish effective BSA/AML Programs. Elaine’s contributions to both ACAMS and the Coalition have been significant and we are pleased to have her as a member of our Board.

ACAMS members in a meeting for Best Practices for BSA/AML Software Testing

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Upcoming Richmond Chapter learning events will be announced soon.

2016 Year in Review


Due to some unforeseen circumstances and to give everyone an opportunity to plan accordingly, we will be postponing the event scheduled for Tuesday, December 6 (2016 YEAR IN REVIEW: A DISCUSSION OF SIGNIFICANT BSA/AML ENFORCEMENT ACTIONS FROM THE PAST YEAR AND A FORECAST OF ENFORCEMENT PRIORITIES IN 2017). We apologize for any inconvenience this may have caused, but will be resending the invitation shortly with the new date.


Internet Gambling: New Technologies & New Risks

Join the ACAMS Richmond Chapter for a discussion about Virginia’s “Fantasy Contests Act” and other developments in online gambling. Learn more about the new law, requirements to do business in the Commonwealth, current enforcement initiatives and associated money laundering risks.

We are pleased to host our annual law enforcement event at no cost to our law enforcement partners.

Speakers

  • Michael Menefee, Program Manager Office of Charitable and Regulatory Programs, Virginia Department of Agriculture and Consumer Services
  • Brandon M. Santos, Esq.McGuireWoods, LLP
  • Maria Boyer, Compliance & Security Officer, Bank of Clarke County

When Goods Go Bad: Trade Based Money Laundering

Join the Richmond Chapter for an event focusing on trade based money laundering. Learn how it works, what to look for, and what you need to know to design a program to protect your bank. The event is intended to be appropriate for BSA/AML professionals, Consultants, and Regulators.

Speakers

  • Peter D. Dugas, Managing Director of Government Affairs, Center of Regulatory Intelligence FIS
  • Shaswat (Shas) K. Das Senior Attorney Hunton & Williams

Behind the 4 Pillars: Is Your AML House Really Rock Solid?

Speakers

  • Patrick Brown, CAMS, President at Integra Systems
  • Anne Archer, CAMS, BSA Officer at Xenith Bank
  • Elaine Yancey, CAMS Managing Examiner at the Federal Reserve Bank of Richmond
  • Christi Burge, Corporate BSA Officer at C&F Bank

Download Presentation


2015 ROUND UP: A FOCUS ON THE TONE AT THE TOP AND HOW BSA/AML CONTRIBUTES TO THE CULTURE OF YOUR ORGANIZATION


What Banks Need to Know About U.S. Trade Sanctions and Export Controls

Featured Speakers from:
Homeland Security Investigations
Special Agent Daniel Leary
Special Agent John McCormack

In the ACAMS Richmond annual joint event with law enforcement HSI Agents will discuss the Cornerstone Program, a partnership between law enforcement and the financial industry designed to combat money laundering, as well as current trends and red flags based on recent criminal prosecutions. The agents will cover the key trade sanctions and export controls regulations, International Traffic in Arms Regulations (the ITAR), the Export Administration Regulations (the EAR), and the Office of Foreign Assets Control (OFAC) regulations. Discussions will focus on how these regulations impact financial institutions of all sizes. Don’t miss this opportunity to network with law enforcement officers focused on anti-money laundering initiatives.


ACAMS Richmond Chapter September Event


Asset Forfeiture Training Benjamin Garrison, Assistant Commonwealth Attorney


Learning Event: Laura Marshall, Partner, Hunton & Williams and Former Assistant U.S. Attorney, discusses “Digital Currency”


Partnerships with Law Enforcement – What We Can Learn From and Share with Each Other

Amy Wotapka

Amy Wotapka, CAMS
Capital One Financial
Executive Chair

Amy is Policy Risk Manager for Capital One Financial Corporation. In her role, Amy serves a second line role in the development and monitoring of policies and supporting documents. Amy also serves as the policy project manager for business integrations. Amy previously led a team at Capital One with responsibility for Suspicious Activity Report Quality Assurance, as well as National Lending and Financial Services Account Closing, List Screening Quality Assurance support and the Monthly AML Training Program. Prior to joining Capital One, Amy worked for PNC Bank, where she managed an AML Surveillance team and provided general compliance and OFAC support to PNC’s TM business. Amy earned a Bachelors degree in Business Administration with minors in Economics and English. She holds several industry certifications, including Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE), Certified Regulatory Compliance Manager (CRCM), Certified Information Privacy Professional (CIPP), Fair Credit Reporting Act (FCRA) and American Society for Quality’s Certified Quality Improvement Associate designation.

Email: amy.wotapka@capitalone.com


R Joe Soniat

R. Joe Soniat, CAMS
Union Bankshares Corporation
Co-Sponsorship Chair

Joe is the administrator of the BSA AML programs for Union Bankshares Corporation, all three banks and its subsidiaries, located in Bowling Green, Virginia. Mr. Soniat has worked in the Internal Audit Section of the Virginia State Police as an Office Services Specialist; as a Finance Officer for the United States Government; and also as a fraud examiner for Circuit City Stores. He is a BSA Coalition Advisory Board Member, which consists of bankers and regulatory representatives from various federal and state banking agencies from the fifth district of the Federal Reserve.

Email: robert.soniat@bankatunion.com


Elaine R Yancey

Elaine R. Yancey
Federal Reserve Bank of Richmond
Co – Speaker Chair

Elaine started her career at the Federal Reserve Bank of Richmond as a consumer affairs examiner dealing with consumer protection laws and regulations. Elaine is currently a supervisory examiner in the safety and soundness division of Banking Supervision and Regulation of the Federal Reserve, with responsibility for the Legal and Fiduciary Risk unit. She works with Bank Secrecy Act/Anti-Money Laundering (BSA/AML) legislation, bank fraud, and fiduciary/trust issues. She is the advisor to the BSA Coalition, a group of financial institution and banking agency regulatory representatives who discuss, debate, and try to resolve BSA/AML issues. Elaine is a graduate of Furman University (Bachelor of Arts) and the Graduate School of Banking at Louisiana State University. In 2005, she obtained her MBA from Virginia Commonwealth University.

Email: elaine.yancey@rich.frb.org


Beverly D Harris

Beverly D Harris, CAMS
US Department of Treasury, IRS, Retired Special Agent
Co-Communications Chair

Beverly’s most recent professional experience was as a Senior Vice President and a Senior Manager of the AML Team for Wells Fargo Advisors, managing all AML Projects and Reports. Prior to that she managed the Investigative and High Risk AML Teams. She was also Associate Manager of the AML Team and a senior consultant on the Special Surveillance and Review Team. She is an experienced law enforcement professional who retired from the Internal Revenue Service where she held various positions, including Special Agent, investigating violations of the US Tax Code, Bank Secrecy Act and Money Laundering Statutes. She also held the positions of Asset Forfeiture Coordinator and Public Information Officer for the Virginia District of Internal Revenue Service-Criminal Division. Beverly holds a Bachelor’s Degree from Old Dominion University.

Email: beverlydharris77@gmail.com


D Scott Bailey

D. Scott Bailey
Chesterfield County Police Department
Co – Speaker Chair

Scott has been a member of the Chesterfield County Police Department as a Career Detective for the past 17 years. In that capacity he has been assigned to three Bureau’s and seven divisions. Currently Scott is assigned to the Special Investigations division. Bailey has extensive background in white collar/financial crimes and is the designated financial investigator for the Multijurisdictional Special Operations group. Scott has been actively involved in the investigation of intellectual property crimes for the past seven years and has been instrumental in the successful prosecutions of numerous persons at the State and Federal level.

Scott has held the following titles within his career: Patrol Officer, Community Policing Officer, Forensic Technician, Special Response Unit Member, Arson Investigator, Hazmat Investigator, Property Detective, Economic Crimes Detective, Organized Crime Detective, and Federal Task Force Officer.

Email: baileys@chesterfield.gov


Donna Thrift

Donna Thrift
Stellar One Bank
Logistics Chair

Donna is the Director of Consumer and Mortgage Compliance Audit for SunTrust Bank in Richmond. Previously, she was the Compliance Director for Stellar One Bank. She earned her Bachelor of Arts from the University of Virginia and her Masters of Accountancy from Virginia Commonwealth University. With early experience in banking as a customer service representative and accounting clerk at a savings and loan, Donna became a CPA and worked for Signet Bank in the mid 1990’s. After a stint in manufacturing, Donna returned to banking in 2002, and joined Capital One’s Internal Audit department. She specialized in regulatory compliance audits and project management reviews. While at Capital One, Donna performed a number of BSA/AML audits, including audits of Capital One’s AML/BSA programs in the US and Canada. In June, 2010, Donna left Capital One to become Director of Compliance at Stellar One Bank and left recently to join the SunTrust Audit Department. Donna received her CRCM in 2010.

Email: dthrift@stellarone.com


Elizabeth K Beverly

Elizabeth K. Beverly, CAMS, CFE
Virginia Office of the Attorney General
Co-Membership Chair

Elizabeth is an Investigator for the Virginia Office of the Attorney General. Elizabeth coordinates investigations with federal, state and local authorities on civil investigation cases to be prosecuted regarding allegations of fraud by health care providers and pharmaceutical manufacturers who are paid through the state and federally funded programs of Medicaid. Prior to the Office of the Attorney General Elizabeth worked for Capital One for over 10 years. During her time at Capital One Elizabeth held several investigative positions including; fraud, money laundering, terrorist finance, FinCEN 314(a), OFAC sanctions, Politically Exposed Persons and Special Interest Persons. Elizabeth earned a Bachelors degree in Criminal Justice; she is a Certified Anti-Money Laundering Specialist (CAMS) and a Certified Fraud Examiner (CFE). Elizabeth is on the board of the Association of Certified Fraud Examiners Richmond Chapter as the Training and Events Coordinator.

Email: ebeverly@oag.state.va.us


Amanda Tucker

Amanda Tucker, CAMS
Union Bankshares
Co – Communications Chair

Amanda currently serves as the Senior Vice President & Operational Risk Manager for Union Bankshares where she is responsible for the development and implementation of the operational risk management framework, as a key component of the Enterprise Risk Management Program. In her role she is tasked with establishing enterprise level governance, policies and practices to proactively identify, assess, mitigate, monitor, and report on operational risk exposures in Union First Market Bank’s business and operations at all levels of the organization.

Prior to joining Union, Amanda served as the Director of AML & Fraud for StellarOne Corporation. There, Amanda was responsible for enterprise compliance with BSA, AML, CIP, and OFAC regulations and oversight of Fraud risk mitigation, monitoring, and investigation efforts.

Prior to joining StellarOne, Amanda served as the Vice President of Compliance for Community Bank where she managed the enterprise compliance management program for Deposit, Lending, Privacy, and BSA regulations.

Amanda began her Banking career as a Senior Bank Examiner with the Massachusetts Division of Banks where she participated in the safety and soundness examinations of state chartered banks with a focus on BSA and IT FFIEC examinations. During her 4 years with the Division, Amanda was promoted to Principal Examiner where she served as an Examiner in Charge of safety and soundness examinations.

Amanda is a graduate of Hartwick College in New York and holds a Bachelor of Arts in Political Science. She is also a Certified Regulatory Compliance Manager (CRCM) and a Certified Anti-Money Laundering Specialist (CAMS).

Email: amanda.tucker@bankatunion.com


Diane Eisinger

Diane Eisinger, CAMS
Spectrum Advisors
Co-Membership Director

Diane is currently Vice President of a registered investment advisory firm where, among other duties, she handles the regulatory compliance and operations of the firm. Previously, Diane spent almost three years at FINRA in the Market Regulation Department investigating fraudulent broker/dealers, securities firms and issuers of stock that traded on the NASDAQ market. During her time at FINRA, she handled several cases involving money laundering activities such as”pump and dump schemes” and use of illegal shell companies. She sent evidence to various government agencies such as the SEC, the IRS, the Department of Justice and the FBI in an effort to stop the fraudulent conduct. Diane holds a Bachelor’s degree from Brandeis University; a law degree from the University of Arizona College of Law and a Masters of Law (LL.M) in taxation from the University of San Diego School of Law. She is a Certified Financial Planner ™ professional and a Certified Anti-Money Laundering Specialist (CAMS).

Email: diane6022@aol.com


Dr Thomas J Burns

Dr. Thomas J. Burns
Wells Fargo Advisors
Co-Sponsorship Chair

Thomas is a vice president and Anti-Money Laundering Compliance Manager for Wells Fargo Advisors in Richmond, Virginia. He manages money laundering, terrorist finance and OFAC investigations, and supervises the filing of suspicious activity reports. Tom has previously held roles as AML compliance consultant, compliance examiner, and sr. compliance analyst.

He holds multiple securities licenses, a doctorate degree in business and has 17 years securities industry experience. Tom is a certified fraud examiner, and securities industry arbitrator for NASD Regulation, Inc Board of Arbitrators (now FINRA).

He has worked for some of the largest firms in the financial industry including MetLife, Dean Witter Reynolds, and First Union/Wachovia Securities/Wells Fargo Advisors.

Email: tburns@wellsfargoadvisors.com