Mitch Farsad, CAMS

Mitch Farsad is the Director of the Financial Intelligence Unit (FIU) at Stifel Financial which is comprised of Anti-Money Laundering and Financial Crimes Investigations. In this role, Mitch is responsible for the development, implementation, and oversight of Stifel’s transaction monitoring and trade surveillance programs. Prior to this role, he served as a Manager for Stifel’s AML Enhanced Due Diligence Team where he led a team responsible for conducting comprehensive investigations on the highest risk, most complex client relationships of the firm.

Mitch has over 12 years of experience in the AML space with broad exposure to various financial sectors including banking, brokerage, digital/retail/business banking, loans, credit cards, trusts, capital markets, and investment banking. He is a key contributor to the development of an Enterprise AML Program, which involved establishment of policies/procedures, risk assessments, training, QA/QC reviews, gap analysis/remediation’s, development & implementation of process improvements, and ensuring the AML program is in full compliance with Federal and Regulatory guidelines.

In addition to his FINRA Series 7, Series 66, and Series 24 licenses, Mitch is a Certified Anti-Money Laundering Specialist (CAMS), a Certified Fraud Examiner (CFE), and a Certified Financial Crime Specialist (CFCS). He also serves as a Co-Chair on the Board of Directors for the Association of Certified Anti-Money Laundering Specialists (ACAMS) Greater St. Louis Chapter and serves as a Director on the Board of Directors for the Association of Certified Fraud Examiners (ACFE) St. Louis Chapter.