Rachele Byrne is the Senior Manager of AML Governance for the AML Program Office at Capital One. She is a Certified Anti-Money Laundering Specialist (CAMS) with over 12 years of industry experience in financial crimes compliance and risk management. Her areas of subject matter expertise include: Know Your Customer (KYC); Bank Secrecy Act (BSA) requirements and compliance; policies and procedures, politically exposed persons; foreign embassy and government banking compliance; and risk management and controls best practices. In her current role at Capital One, Rachele and her team oversees governance for the AML Program, including enterprise AML policies and procedures, change management, and board and executive reporting.
Prior to joining Capital One, Rachele was the Vice President, Compliance Officer on Citi’s Global Foreign Missions Banking (FMB) AML Compliance Advisory team where she advised the business on AML related standards and procedures as well as ensuring that the on-boarding and maintenance of FMB clients across Citi’s global footprint complied with internal enterprise and local legal requirements. Before Citi, Rachele was at HSBC where she was the head of AML Advisory for HSBC’s U.S. Government and Institutional Banking unit. In this role, she was responsible for overseeing the on-boarding and maintenance of foreign embassy banking clients for HSBC US. Other roles at HSBC included performing transaction monitoring, suspicious activity report (SAR) filings, and KYC reviews for Embassy clients and PEPs.
In addition to these advisory roles in embassy banking compliance, Rachele also was previously a senior consultant at Booz Allen Hamilton. In this role, Rachele worked with both private sector and government/law enforcement clients to analyze and mitigate money laundering and terrorist financing risk.