Chapter of the Year 2016

ACAMS New York Chapter


Upcoming Events

  • New York State of Mind: Model Validation and Section 504
  • January 24, 2019
  • Registration: 5:15 PM – 8:15 PM
  • Networking: 7:15 PM – 8:15 PM
  • Fordham University School of Law
    150 West 62nd St, 2nd Floor
    New York, New York 10023
  • 1 CAMS Credit
  • Read More | RSVP

Congratulations to the 2016 ACAMS Award Winners

The Chapter was founded in November of 2005 by an Executive Board comprised of industry experts and law enforcement professionals in the AML and counter-terrorist-financing fields. The Chapter seeks to promote the overall mission of ACAMS that is, “to advance the professional knowledge, skills and experience of those dedicated to the prevention, detection and reporting of international money laundering” The Chapter also seeks to promote ACAMS as a platform for career development and professional networking for its members, by organizing meetings and events of local interest, where we will present speakers from the private sector, the supervisory and regulatory agencies and from law enforcement. We hope the Chapter will be an effective and productive resource for financial institutions and related businesses, and we welcome your participation.

  • New York State of Mind: Model Validation and Section 504
  • January 24, 2019
  • Registration: 5:15 PM – 8:15 PM
  • Networking: 7:15 PM – 8:15 PM
  • Fordham University School of Law
    150 West 62nd St, 2nd Floor
    New York, New York 10023
  • 1 CAMS Credit


New York State of Mind: Model Validation and Section 504

We are quickly approaching the one-year anniversary of the New York Department of Financial Services’ (NYDFS) AML rule (Part 504) which requires submission of annual certification of AML compliance. New York-regulated financial institutions have (by now) implemented measures to certify the effectiveness of their AML programs including OFAC sanctions screening requirements.

Have you had your first exam yet? Were you given a free pass because of the newness of the requirement? Many have pointed out that Section 504 can easily be survived with strong AML/OFAC model validation and management. We hope to help you put everything into perspective.

Our panel includes representatives from small, medium and large financial institutions as well as consultants and examiners to discuss the importance of model validation in this process and will share actual experiences with challenges related to their most recent exam, risk model management, technological proficiency, data integrity and suspicious activity reporting.


  • Meryl Lutsky, ACAMS New York Chapter Co-Chair


  • Maleka Ali – CAMS-AUDIT, President, Arc-Serv
  • Lukas Babiak – BSA/AML Lead for International Banking Supervision out of New York, OCC
  • Maureen Mougios – VP, Compliance and BSA Officer, Hanover Community Bank
  • Monica LaCroix-Rubin – SVP, Chief Compliance Officer, BNB Bank
  • Evan Weitz – Managing Director, Head of Controls, Europe and Americas, Financial Crime Compliance, Standard Chartered

Detecting and Preventing Human Trafficking

January is National Slavery and Human Trafficking Prevention Month.

As such, during the month of January, advocates, organizations and individuals are planning to unite to raise awareness about the issue of slavery and human trafficking.

To further that goal, we invite you to join the ACAMS New York Chapter for a spirited and interactive discussion regarding specific methods financial institutions can employ to detect, and help prevent, human trafficking.

Our panel will discuss:

  • Specific scenarios and typologies for transaction monitoring systems in order to better detect human trafficking;
  • Solutions that can help identity red flags which may lead to human trafficking activity; and
  • Examples of real cases and investigations which were aided by information provided by analysts and investigators at financial institutions.


  • Howard Spieler, CAMS, CFE, ACAMS New York Chapter Co-Chair
  • Angel Swift, Vice President, Compliance and Financial Crime Solutions at Enigma Technologies, Inc
  • Bonnie Goldblatt, Director, Global Investigations Unit, AML Compliance, Citigroup
  • Nishi Gupta, Vice President, GFCC Data Capabilities & Intelligence, American Express

ACAMS New York Chapter Holiday

Current Events and Hot Topics in Sanctions

Sponsored by Thomson Reuters and Refinitiv (formerly Thomson Reuters’ Financial & Risk business)

When the Smoke Clears: Challenges with Banking Marijuana Related Businesses

The tension between federal and state law regarding the criminal status of marijuana creates uncertainty and risk for financial institutions.

Most financial institutions have policies against banking entities directly involved in the cannabis business. However, they are already likely banking marijuana related/ancillary businesses without being aware of it. This is proving to be a vexing issue for financial institutions and has recently been addressed by the President, U.S. Attorney General, FinCEN and the Department of Justice.

Join us for a discussion of what financial institutions need to do today, along with predictions for the future impacts on business activities and BSA/AML programs.

The panel discussion will be followed by one hour of networking with light refreshments.


  • Howard Spieler, Co-Chair, ACAMS New York Chapter
  • David B. Chenkin, Esq., Partner, Zeichner Ellman & Krause LLP
  • Robert Goldfinger, Global Expert Financial Crimes Solutions at BAE Systems Applied Intelligence

A Modern Approach to Managing AML Auditing

Significant AML developments during the previous year have led to an impact on the AML audit approach. A panel of leading senior AML Audit Leaders will discuss these topics and provide suggestions on how AML Audit Management can respond and how AML stakeholders can prepare.

Topics include:

  1. The California Pacific Bank decision
  2. Has audit scope evolved beyond what is included in the FFIEC Manual?
  3. Current regulator expectations
  4. Integrating IT Audit
  5. Consent Order Validation
  6. Auditing Data Management


  • Peter D Wild FCA, CAMS Audit, Founder, Wild AML Solutions LLC Speaker
  • Jack Sonnenschein CPA, CAMS Audit, Compliance Navigation
  • Eric Small CIA, CFSA, CAMS, Managing Director, Global Head of Legal/Compliance/AML Audit, BNY Mellon


Director for The Center for Professional Accounting Practices, Fordham University

Chapter Member Summer AML Networking Event – Sponsored by Bloomberg

Please join us for a fun evening of networking as Bloomberg proudly hosts an exclusive networking event for members of the ACAMS New York Chapter.

Please send any inquiries to

4th Annual ACAMS New York Chapter Dinner

Meryl Lutsky and Peter Wild, along with the Executive Board of the ACAMS New York Chapter, invite our Chapter members and their guests to join us at our Annual Gala Dinner. We take this opportunity to celebrate our continuous efforts to provide our membership with excellent education, regulatory updates and critical solutions to AML compliance challenges.

C-AML: Explore the Next Frontier of Crypto-AML

Please join us for an evening highlighting the emerging technology behind cryptocurrency transactions and AML transaction detection. This event will bring together a panel exploring how cryptocurrency impacts financial crimes, methods of detection, and how to surface intelligence through connected data.

Cryptocurrency continually tops the list of hot topics in AML—bring your questions and learn from our experts on transformations taking place in:

  • Blockchain and cryptocurrency transactions
  • AML transaction monitoring
  • Ontologies, entity resolution, and connected data trends in financial crime

To ensure our panelists address what’s top of mind for you, we will collect questions in advance through a survey to all registered attendees a week before the event. The panel discussion will be followed by one hour of networking with light refreshments.

Please send any inquiries to

What Financial Institutions can do to Identify and Prevent Human Trafficking

Please join our panel for a group discussion on what financial institutions can do to identify and prevent human trafficking. Some of the questions discussed by our panel will be:

  • What is the human and social impact of human trafficking?
  • What are the trends and patterns of the flow of money into and out of bank accounts that are key indicators of human trafficking?
  • How do criminals and terrorists succeed in using financial institutions to further their illicit activity?
  • How is AI suited to assist in identifying human trafficking?


Howard Spieler, Executive Board Member, ACAMS New York Chapter


  • Richard Lee, Director of Church Mobilization for International Justice Mission
  • David McLaughlin, Founder and CEO at QuantaVerse, LLC
  • Tom Countermine, Group Supervisor, United States Department of Homeland Security
  • Peter S. Vincent, General Counsel, Thomson Reuters Special Services, LLC

The panel discussion will be followed by one hour of networking with light refreshments.

*As a New York Chapter member you receive first opportunity to sign up for events as well as the $10 discounted ticket price.

Please send any inquiries to


Hot Topics and Current Trends in AML

Our panel of industry leaders will discuss what’s relevant across the AML landscape as well as what’s trending for the future. Topics to be covered include FINCEN’s recent CDD guidance; how AI is changing AML (and what a compliance officer job may look like in five years); and the intersection of AML, OFAC, and Anti-Corruption compliance. The panel will also take questions from the audience.

Please send any inquiries to


Director for The Center for Professional Accounting Practices, Fordham University


Howard Spieler, Executive Board Member, ACAMS New York Chapter


  • Peter D Wild FCA, CAMS Audit, Founder, Wild AML Solutions LLC
  • Scott Horton, Associate General Counsel and Global Head of the Financial Crimes Group, AIG
  • John Mackessy, Director, Financial Crime, Global Head of AML Compliance at BlackRock

Embracing Financial Services Fintech Disruption


Irina Samoylova Kunces – Regional Head of Financial Markets, Corporate Finance, and Segments, Standard Chartered Bank


  • Patricia Sullivan – Regional FCC Head for Europe and Americas, Standard Chartered Bank
  • Delia Pawelke – Financial Crimes Manager, Stripe
  • Vikas Agarwal – Financial Crime Technology and Analytics Leader, PwC
  • Kevin Bogdanov – Director, Market Development: Client and Third Party Risk, Thompson Reuters


The panel will focus on the following topics:

  1. How the financial industry is embracing FinTech disruption and transforming to address the dynamics of the increasing regulatory landscape;
  2. What does it mean to bank FinTechs? Disrupt or be disrupted;
  3. Innovation in the RegTech space − Implementation of instant payments and technology transformation of cross-border payments are driving the emergence of RegTechs and the regulatory sandboxes to address arising risks;
  4. Blockchain and cryptocurrency risk management.

Transaction Monitoring is a Risky Business

A robust money laundering/terrorist financing (ML/TF) risk assessment is the cornerstone of a sound compliance program. With more reliance on automated transaction monitoring systems, it is more important than ever to ensure that your transaction monitoring program is properly configured and aligned to the ML/TF risk profile of your institution. With the first annual certification of compliance with NYDFS Part 504 due by April 15, 2018, this panel will provide best practices for bridging identified ML/TF risks to your transaction monitoring program and discuss the implications of not getting it right.


Peter D Wild FCA, CAMS Audit, Founder, Wild AML Solutions LLC


  • Juan Azel, Counsel, Hunton & Williams LLP
  • Jason Chorlins, Principal, Kaufman Rossin
  • Viviana M. Perez, Senior Compliance Risk Associate,Federal Reserve Bank of New York
  • Zachary Plotkin, Senior Manager, Infinity Consulting Solutions, Inc

The Annual Holiday Reception of the ACAMS New York Chapter

Meryl Lutsky and Peter Wild, along with the Executive Board of the ACAMS New York Chapter, invite you, as our guest, to join us and celebrate our continuing efforts to serve our membership by providing excellent local education on AML/CFT and Sanctions topics.

Blockchain Transformation: Opacity to Openness, Peril to Protection Transforming Customer Due Diligence As We Know It

Blockchain, since its inception, has been associated with the anonymity and opacity of crypto-currencies and deep-web darkness. Learn how this same technology is being transformed to assist institutions in fulfilling their Customer Due Diligence obligations and really knowing their customers! This presentation will be followed by one hour of networking, including appetizers and light refreshments.

Sponsored by IBM


Jack Sonnenschein, Compliance Navigation LLC


  • Daniel W. Bingham, IBM, Executive Consultant, Strategy and Market Development, Industry Platforms
  • Tim Howard, Assistant US Attorney Southern District of New York
  • Boris Kusovski, IBM, Senior Solution Executive – Industry Solutions and Business Development, Industry Platforms

Current Events and Hot Topics in Sanctions

Scared of economic sanctions risk? Do you find the current political climate spooky? If so, then come to the ACAMS New York Chapter’s Friday the 13th learning event where a panel of experts will discuss current sanctions topics such as Venezuela, North Korea, Iran and Cuba.


  • Howard Spieler, Executive Board Member, ACAMS New York Chapter
  • Jesse Spiro, Thomson Reuters
  • Daniel Tannebaum, PWC
  • Michael Zytnick, Deutsche Bank

Industry Overview and Career Paths for New AML Professionals

Rooftop Chapter Social

The ACAMS NY Chapter cordially invites you to the Rooftop Social hosted by GQR Global Markets, The Financial Crime Staffing Experts.

Open Bar and passed Hor D’ouvres

The ACAMS New York Chapter 2017 Annual Gala

Meryl Lutsky and Peter Wild, along with the Executive Board of the ACAMS New York Chapter, invite our chapter members to join us and celebrate our continuous efforts to provide the membership with excellent education, regulatory updates and critical solutions to AML compliance challenges.


The New York Chapter of the Association of Certified Anti-Money Laundering Specialists (ACAMS) and MJ Boyd Consulting are excited to to announce an exclusive networking event for Junior AML Professionals. This event will be geared towards professionals with five or less years of experience in the industry.

Executive members of the New York Board will be present to share their professional experience/career path and entertain questions. The benefits of ACAMS membership and the CAMS designation will also be highlighted. We encourage you to come with questions and learn about your options within this growing industry segment.

We only have limited space available to this event, so register now and join us. Attendees will also have the opportunity to enter a raffle where several different prizes can be won. There will be ample opportunity to network with others in the AML industry so please remember to bring your business cards!

The Challenges of Terrorist Financing Typology Design

This session will discuss the challenges associated with designing and maintaining transaction monitoring typologies to identify potential financing of terrorism.

Examples of the financial transactions associated with some previous terrorist attacks will be discussed. The session will explore some alternatives that a financial institution can use to identify transactions that are potentially indicative of terrorist financing.

The panel discussion will be followed by a networking reception.


  • Dennis Lormel, DML Associates, LLC
  • Martin Cunningham, Deutsche Bank

Data Science and AI applied to AML

Data Science, Deep Learning, and Artificial Intelligence. How real is the promise for KYC and AML?

A number of Data Science, Deep Learning, and AI techniques promise to revolutionize identification of bad actors and transactions in financial services for a fraction of the cost of existing techniques. How real is this promise and how does industry view these advances?


  • Kamil Kaluza, Anti Financial Crime Leader and Principal at Dixon Hughes Goodman LLP
  • David McLaughlin, Founder and CEO at QuantaVerse, LLC
  • Kieran Beer, ACAMS Chief Analyst & Editor-in-Chief at

A networking reception with light refreshments will follow the learning event.

Hosted by: Dixon Hughes Goodman LLP

* Note: Due to security requirements of our host, online registration for this event is mandatory and no walk-ins can be accommodated. All participants are required to present valid ID to building security. Doors open at 5:30 PM and will close at 6:00 PM. Please do not arrive prior to 5:30 PM, and attendees arriving after 6:15 PM may not be able to gain entry.

Data Management Front to Back in Financial Crimes

Panelists will discuss enterprise data quality management programs and how these programs are leveraged to implement controls over transaction monitoring and filtering programs.The panel discussion will be followed by a networking reception hosted by Ernst & Young, including appetizers and refreshments.


  • Peter Neilson, JP Morgan
  • Kristin Milchanowski, Ernst & Young
  • Carl Case, Ernst & Young
  • Chris Siddons, Lexis Nexis
  • Matt Michaud, Capital One

Reg. 504 – Transaction Monitoring and Filtering Program Certification: What’s New,What’s Not and What Regulated Institutions Should Be Doing Now!


  • Peter Wild FCA, CAMS Audit, Wild AML Solutions LLC
  • Matthew Connolly, Vice President – Internal Audit Group, American Express
  • Meryl Lutsky, Chief, Crime Proceeds Strike Force, Office of Attorney General
  • Jack Sonnenschein, Financial Crime Risk Management Audit, Consulting and Training

ACAMS New York Chapter Holiday Party

Sanctions and AML Screening: Essentials and Best Practices

Financial Crime Risk Assessments: What to Start, Continue and Stop!

ACAMS NY Chapter Continuing Education Event

On September 13, ACAMS New York Chapter was proud to present: Financial Crime Risk Assessments: What to Start, Continue and Stop. The evening was graciously hosted by Deloitte at their Rockefeller Center offices and was attended by one of our largest turnouts of approximately 175 people.

Risk Assessments (RAs) being the critical exercise with which institutions start their AML, Sanctions and ABC risk management activities have received focus and attention from boards, senior and business manager and regulators. A panel of experts offered their advice and opinions on what financial institutions should start doing, continue doing and stop doing. Our panelists included:

  • Anders Hansson, Associate General Counsel and Director, Compliance Risk Management at AIG
  • TJ Huntley, Managing Director, Corporate Compliance Group – Risk Assessments at Citigroup
  • Miriam Ratkovicova, AML Senior Manager – AML, Economic and Trade Sanctions Group at Deloitte

The session was moderated by Jack Sonnenschein, Global Head FCC Audit Advisory at Standard Chartered Bank.

Highlights and Takeaways on Best Practices:

  • Risk Assessments should:
    • Find the right balance between Quantitative Data and Qualitative Analysis.
    • Continue to be data driven to give the results a level of required objectivity.
    • Leverage qualitative aspects including understanding corporate strategic efforts such as business expansion or de-risking of clients, products, geographies.
    • Be an iterative process that is continually re-evaluated and updated as necessary.
    • Allow for a level of judgmental input with overrides clearly explained and documented.
    • Tie to the institution’s regulatory framework but with a focus on key but not all regulatory requirements.
    • Assess and analyze results for trends internally and against industry benchmarks where possible.
    • Considered horizontal topics and products should be mapped to the business lines.
    • Explain gaps in data and ensure these are communicated to the first line of defense.

  • Importance of Communication across and Convergence with the three lines of defense
    • The risk assessment methodology and results need to be socialized.
    • There needs to a level of accountability and credible challenge for both the risk assessment methodologies as well as the results.
    • Colleagues within each line of defense should have a clear understanding of their role and responsibility in the RA process.
    • Risk assessment results should be assessed against a company’s risk appetite statement or defined risk tolerance.
    • Developing a common taxonomy across all lines of defense so that metrics/KPIs and testing results can more easily inform the Risk Assessment.

  • Best Practices
    • There should be a focus on directional and informative metrics where we monitor against established thresholds.
    • As the risk assessment program matures it should strive to get to a point where risk assessment results can periodically and selectively be refreshed.
    • Internal audits, compliance monitoring reports, and other quality assurance reports developed by the businesses should be reviewed and considered as part of the RA process and feedback loop.
  • What FIs should stop doing
    • Stop discounting the importance of adequate time, and budgets and incorporate people, technology and other resources as needed.
    • Producing risk assessment reports that include volumes of paper…look to ways to better present the results and analytics.

Thanks again to our panelists for sharing their insights and expertise, our gracious host for the facility and refreshments, and the untiring efforts of the Chapter Board Members that worked to make the evening the success it was.

Rooftop Social

The Bangladesh Bank Cyberheist

2nd Annual Gala

Gala booklet

On Wednesday, June 29, 2016, the ACAMS New York Chapter – ACAMS’ first and longest running chapter – celebrated its 11th anniversary with a Gala dinner at the the Union League Club in New York City.

The extravaganza was a celebration of the Chapter’s continuing achievements in providing its members and others in the NYC Metropolitan area AML community with excellent education, regulatory updates, networking opportunities and critical solutions to AML compliance challenges.

Chip Poncy and Rohan Kohli held an engaging fireside chat to discuss “The Future of AML” and the event included a networking event in the Union League Club library as well as a formal dinner.

The Chapter Executive Board extends a special thanks to the event sponsors, listed below in alphabetical order:

  • Capital One
  • Infinity Consulting Solutions (ICS)
  • IPSA International
  • PricewaterhouseCooper (PwC)
  • Regulatory DataCorp (RDC)
  • Safe Banking Systems (SBS)
  • Stroz Friedberg

Gala photos

Emerging KYC Challenges

Model Risk Management

Current Events and Hot Topics in Financial Crimes Facing AML Professionals

ACAMS New York Chapter Holiday Party

ACAMS NY Chapter November Learning Event: The New Age of Transaction Monitoring

10th Anniversary of the ACAMS New York Chapter

The ACAMS New York Chapter celebrated 10 years of continuous efforts to bring excellent education, regulatory updates and critical solutions to AML compliance challenges. The Anniversary Gala focused on the history and achievements of ACAMS in general and the New York Chapter in particular and their dedication to the AML community.

Breaking the Bank: Cybersecurity and the Financial Services Industry

From Russia to Cuba – A Complex Tale of Old Friends & Sanctions

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Meryl Lutsky

Meryl Lutsky
New York State Attorney General’s Office

Meryl has been the Chief of both the Money Laundering Unit of the New York State Attorney General’s Office and the New York State Crime Proceeds Strike Force since 2004. These units investigate and prosecute money laundering and its associated criminal conduct, as well as violations of the Banking and Tax laws. To investigate these complex crimes more effectively and creatively, Meryl has assembled a task force consisting of federal and state prosecutors, law enforcement officers, and regulators. Meryl has jurisdiction to investigate and prosecute crimes throughout New York State. And because these investigations often extend to other states and countries, Meryl has developed key partnerships with many other jurisdictions, working with them to investigate and prosecute these mobile and multifaceted criminal enterprises. Among other cases, Meryl has recently investigated several multi-state fraud rings whose crimes included identity theft, money laundering, credit card fraud, bank fraud, and wire fraud. More than forty individuals, including lawyers, mortgage brokers, money transmitters, and bank branch managers and other officials, have been indicted. Losses from these criminal enterprises currently total more than $50 million.


Vasilios Chrisos, CAMS
Special Advisor
PricewaterhouseCoopers, LLP


Drew Bach

Drew Bach
First National Bank of Long Island

As an Assistant Vice President and BSA Manager for The First National Bank of Long Island. Drew plans, organizes, and controls the Banks day-to-day administrative and operational BSA compliance activities. He participates in various audits, reviews, and examinations, and collaborates with the Bank Secrecy Act/OFAC Officer, Privacy Officer, and Chief Compliance Officer. Other responsibilities include oversight of the AML Program as well as training different business areas to foster understanding of regulatory compliance requirements. He conducts internal/external BSA and Fraud related investigations and reports to Management on appropriate corrective actions needed. Drew has been an active and certified member of ACAMS since 2010, Drew is a member of the executive board for the New York Chapter of the Association of Certified Anti-Money Laundering Specialist.

David Chenkin

David B. Chenkin, CAMS
Zeichner Ellman & Krause LLP

David B. Chenkin is the managing partner of law firm Zeichner Ellman & Krause LLP (ZEK) and a Certified Anti-Money Laundering Specialist. As a litigator, Chenkin represents major financial institutions and individuals in civil, criminal, regulatory and compliance-related matters. He heads the firm’s anti-money laundering and Bank Secrecy Act compliance practice area, and handles complex government investigations initiated by Congress and by federal, state and local prosecutors and regulators.  Chenkin has devoted substantial attention to representing clients in many of the major financial investigations conducted by the United States Senate Permanent Subcommittee on Investigations, and also provides AML training to law enforcement agencies and the private sector.

Tina M Rampino

Tina M. Rampino
Co-Sponsorship Director
Commerzbank AG

Tina M. Rampino joined Commerzbank AG, New York Branch in September 2014 as the Head of Compliance Training and Policy Coordination. In this role, Tina is responsible for managing all aspects of the U.S. Compliance Training Program, with particular emphasis on AML and Sanctions. Tina is also responsible for the U.S. Compliance Policy & Procedure Framework. Tina has experience working in Head Office in Frankfurt, Germany to provide advisory on U.S. regulatory standards for both the Global Training Program and Global Policy Framework. Tina is also responsible for bank-wide compliance communications, including implementing “Culture of Compliance” campaigns, and initiating outreach with law enforcement and financial industry peers to establish best practices.

Prior to joining Commerzbank AG, Tina was the Director of Compliance Communications and Outreach at HSBC Bank where she developed and implemented the Compliance Outreach Program in order to enhance HSBC’s ability to address regulatory expectations and to better engage employees, law enforcement and industry partners. Prior to joining HSBC, Tina held positions in Anti-Money Laundering Compliance at Bear Stearns, Capital One Bank and Standard Chartered Bank and the Department of Homeland Security’s High Intensity Financial Crimes Task Force. Tina is a Certified Anti-Money Laundering Specialist (CAMS) and an active member of ACAMS.

Gary Ferrari

Gary Ferrari
IPSA International

Gary Ferrari is the Managing Director of the AML Consulting Practice of IPSA International in New York, responsible for sourcing and leading AML Advisory, Technology, and Investigative client engagements. He is a member of the Board of Advisors for the NY Chapter of ACAMS, and was among the first group of AML practitioners to achieve the ACAMS certification, in the initial year it was offered.

Mr. Ferrari has 25 years of regulatory compliance experience. He is a former Vice President of Global Compliance for American Express Company, where he originated the regulatory compliance program and played an integral role in its global implementation throughout many of its lines of business. He is credited with performing the first AML risk assessment and initiating the AML compliance program for American Express Travel Related Services.

He co-led two substantial and successful AML remediation efforts to address enforcement actions at American Express Bank’s Latin American private bank and its global correspondent banking business in 2007-08. Most recently before IPSA, Mr. Ferrari served as the Core Compliance Leader at GE Capital-Americas, serving to build a compliance framework for a leading corporate finance business as part of a SIFI-designated bank holding company under Federal Reserve supervision.

Howard Spieler

Howard Spieler

Howard serves as a Sanctions Compliance Officer within Corporate Compliance’s Financial Crimes Group (FCG) at American International Group (AIG). In this capacity he acts as a liaison within the company for both the commercial and consumer businesses on various global economic sanctions matters.

His responsibilities include the ongoing assessment, development, implementation and maintenance of AIG’s economic sanctions compliance programs, as well as assisting on remediation efforts, training, and providing support and expertise to the business. Previously, in his role as an Advisory Compliance Officer for AIG’s Property and Casualty division, he was responsible for implementing policies and advising the businesses and functional areas on compliance procedures, risk assessments, and controls. He was primarily focused on Anti-Money Laundering (AML) and Economic Sanctions (OFAC), but also advised on Information Handling (Privacy), Anti-Corruption (FCPA), Conflicts of Interest, Gifts and Entertainment and other relevant compliance policies, regulations and procedures.

Prior to his employment at AIG he was the Senior Vice President and Head of Compliance at the New York City Economic Development Corporation (NYCEDC).  At NYCEDC he was tasked with monitoring and assessing a $30 billion portfolio of real estate transactions. Responsibilities included maintaining the company’s compliance program, including developing controls and procedures, as well submitting statutory reports to regulators as required by law. Utilizing Compliance reviews, he implemented the firm’s risk-based self-assessment monitoring and testing program. Investigations for non-compliance led to the recovery of over $100 million for NYCEDC and the City of New York.

Howard is a Certified Anti-Money Laundering Specialist (CAMS) and a Certified Fraud Examiner (CFE). He earned an MS in Accounting in 2012 from Kean University and an MBA from St. John’s University in 2000. Published articles include Too Big to Fail or Too Small to Save? Dodd-Frank and the Ripple Effect on Big and Small Banks and ARRA Stimulates the Municipal Funding Market.

Jack Sonnenschein

Jack Sonnenschein, CPA, CA, CAMS-AUDIT
Standard Chartered

Jack Sonnenschein is the Founder of Compliance Navigation LLC, advising, training and assisting financial institutions, compliance and independent testing professionals in developing and implementing leading edge financial crime compliance risk management and independent testing and training programs.

Jack was most recently the Global Head, Audit Advisory for Financial Crime Compliance at Standard Chartered Bank. Previously, as Chief Auditor for Compliance at Citigroup, he had global responsibility for anti-moneylaundering, anti-bribery and corruption, sanctions and consumer and institutional compliance audits.

In a prior role at Citigroup, Jack drove the development of technology solutions for customer acquisition and identification programs, transaction monitoring, suspicious activity reporting and USA Patriot Act compliance. He has worked extensively in developing country, product and customer risk assessments and models to integrate and support customer due diligence and monitoring systems.

At American Express, Jack developed and implemented enterprise-wide compliance risk management programs building legal, regulatory and control inventories and risk assessments, compliance monitoring and testing, third party compliance oversight and compliance training.

As Client Service Partner in Chase’s General Auditing Department, he was responsible for delivering financial and technology audit services to Global Private Banking, Consumer Banking, Credit Card and Mortgage Banking clients.

Jack is certified as CAMS-Audit and is a member of the NYC ACAMS Chapter Board. He was a contributor and inaugural instructor for CAMS-Audit and continues to teach and serve on the CAMS-Audit Review Board. He started his career at Deloitte & Touche in Quebec and New York where he earned his chartered accountancy and certified public accountant designations.

John J. MacKessy

John J. MacKessy
Citi Cards

John MacKessy has over 20 years of regulatory and compliance experience and is currently a Director and Global Head of AML Monitoring for Citi Cards, the largest issuer of credit cards across the world. Prior to joining Citi, John was the Global AML & Sanctions Compliance Officer for MasterCard. Prior to MasterCard, John was a regulatory consultant assisting firms with complying with regulatory enforcement actions and non-prosecution agreements. He has led the investigation of numerous complex financial crimes and was the AML compliance expert for the Bank of New York Mellon NPA agreements. John holds a B.A. from the University at Albany and an M.B.A. from Baruch College. He is a Certified Ant-Money Laundering Specialist, Certified Fraud Examiner and is a board member of the ACAMS New York Chapter.

Kristin Milchanowski

Kristin Milchanowski
Digital Economy Analytics

Dr. Milchanowski is the Chief Data Scientist for Digital Economy Analytics, a quantitative analytics solutions firm. She is responsible for the innovation and execution of tuning/optimization and big data analytics for Cyber Security, Digital Disruption, Anti-Money Laundering, OFAC and Sanctions, KYC, EDD, Anti-Corruption, and Trade Surveillance. Additionally, Milchanowski is on the Board of Directors for the NY ACAMS Chapter, and is a board member of Blackguard Inc., a biometric facial recognition software company. Dr. Milchanowski was previously the Chief Data Scientist of the Legal & Compliance Division of Morgan Stanley and Head of Model Risk Management at JP Morgan. Milchanowski has international leadership experience in more than 20 countries and has conducted analysis on the finances of illicit networks, in conjunction with governments and financial institutions, in Asia, the Middle East, North Africa, and Europe. She has end-to-end model risk management domain expertise, including effective model development, implementation, use, and validation.