FRAML: Today’s Compliance Power Couple

  • When: August 26, 2020
  • Time: 12:00 – 2:00 PM ET
  • Level: Intermediate to Advanced

FRAML, the compliance acronym that refers to merging fraud prevention and anti-money laundering (AML) units, has become a popular concept for financial institutions. The combination of these functions tends to bolster risk management and increase operating efficiencies. However, these distinct specialties perform discrete functions — so marrying them requires meticulous planning, careful execution and comprehensive follow-up. Join this webinar for practical advice from industry experts on building a stronger FRAML framework.

Learning Objectives

  • Assessing rationale for FRAML merger such as common core values and shared missions to achieve buy-in from key stakeholders
  • Examining and resolving potential issues to integration including workplace culture differences and disparate investigative methods
  • Performing post-consolidation review to make systemic adjustments as warranted and confirm FRAML benefits such as enhanced 360-degree customer view

Who Should Attend?

  • Compliance Personnel
  • Risk Managers
  • Onboarding Personnel
  • Fraud Investigators

Region/Industry

  • Global
  • FinTech
  • Banking
  • Law Enforcement
  • MSBs
  • Payments Processors

Pricing

ACAMS Members Non-Members
$245 $445
Register Now Join ACAMS

Can’t attend live? Register anyway! The recording to this webinar will be available in your LMS account after the event.


Presenters

Jason Chorlins
  • Jason Chorlins, CPA, CFE, CAMS, CITP

  • Principal – Risk Advisory Services
  • Kaufman, Rossin & Co.

Bio

Jason Chorlins serves as the Firm’s banking practice leader and spearheads forensic and financial service investigative engagements. He advises clients on money laundering, internal corporate investigations, due diligence and regulatory compliance matters to help them manage risk.

He oversees anti-money laundering (AML) and Bank Secrecy Act (BSA) consulting engagements and assists financial institutions with transaction look-backs, risk assessments, BSA/AML/OFAC independent testing and customer due diligence reviews. He is an industry leader in assisting financial institutions to perform data and model system calibrations and validations for account and transaction surveillance systems.

Since joining Kaufman Rossin in 2007, Jason has advised a wide range of financial institutions from small, privately owned banks to large, multinational institutions in the United States, Central America, South America and the Caribbean.

Jason speaks frequently on BSA/AML and fraud matters across the country and was named the 2018 ACAMS AML Professional of the Year. He is a former professor at the University of Missouri-Columbia’s accountancy program and past president of the board of trustees of the FICPA Educational Foundation. He has been recognized as one of the top professionals under the age of 40 by The South Florida Business Journal, and as one of the Top 26 CPAs under the age of 36 by the Florida Institute of CPAs.

He is a Certified Public Accountant (CPA) in Florida and Missouri, Certified Fraud Examiner (CFE), Certified Anti-Money Laundering Specialist (CAMS) and Certified Information Technology Professional (CITP).


William E. Dayhoff
  • William E. Dayhoff

  • Former Fraud/AML/BSA Bank Executive
  • Retired FBI Executive Manager

Sean Friedly
  • Sean Friedly

  • Vice President, Head of AML & Financial Crimes Strategy, Transformation & Investigations
  • Raymond James

Bio

Sean Friedly is a VP at Raymond James Financial, Inc. where he directs the Firm’s Enterprise Fraud Risk Management Program in addition to the AML & Financial Crimes Management Governance, Assurance, Strategy and Transformation functions. Prior to his leading role at Raymond James, Sean gained extensive experience in financial services as a consultant with Ernst & Young’s Financial Services Office and prior to that in a senior position within the RBS Citizens Financial Group; each in the area of financial crimes management.

Sean is a graduate of Juniata College and DePaul University’s Kellstadt Graduate School of Business.

Sean actively supports a number of social and community organizations that work to improve health, education, human rights and economic empowerment, among others.


  • Ali Moghaddam, JD, CAMS

  • Senior Vice President – BSA & OFAC Officer
  • City National Bank

Bio

Mr. Ali Moghaddam is an AML & Compliance executive with 10+ years of experience developing and implementing BSA/AML and OFAC programs and investigating financial crime, money laundering and terrorism financing. He is currently the BSA & OFAC Officer for City National Bank where he is responsible for developing, implementing and administering all aspects of the bank’s Anti-Money Laundering (“AML”), Sanctions and Anti-Bribery and Corruption (ABAC) program. Prior to joining City National Bank, Ali spent time working as a subject matter expert at Promontory Financial Group, where he worked with different financial institutions to strengthen their AML and Sanctions programs. Ali began his private sector career as the Head of Investigations for UBS Financial Services, the Americas. At UBS, his team was responsible for investigating and reporting all potential money laundering, terrorism financing, cross border and fiscal compliance issues for UBS, Americas. Ali began his career as a prosecutor, working as an Assistant District Attorney for the Montgomery County District Attorney’s Office where he was assigned to the major crimes unit and successfully prosecuted several major cases including a capital murder case. Following his recruitment, he joined the FBI as a Special Agent in 2009. As a Special Agent, Ali was initially assigned to the Joint Terrorism Task Force (JTTF) in Los Angeles where he also worked closely with the Violent Criminal Multi-National Organization (VCMO) squads, and the Counter-Intelligence & Counter-Proliferation (CI) squads. During his time as a special agent, Ali investigated matters involving anti-money laundering, terrorism financing, counter proliferation/ OFAC violations, gangs and drug cartels. Ali spent his last 3 years in the public sector as a member of the FBI’s  High Value Target Team where he liaised with federal intelligence and law enforcement partners in pursuit of the high value targets. Ali received his BS in Political Science from UCLA, completed his MS coursework in Near Eastern and Latin American History from Cal State Los Angeles and he received his JD from Temple University, Beasley School of Law.