Alvarez & Marsal's Donna DeMartino and Peter Kwan to Speak at KC’s AML/BSA and OFAC Compliance: Practical Guidance for Banks and Financial Institutions Live Webcast
New York, NY, January 30, 2014 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Alvarez & Marsal's Donna DeMartino and Peter Kwan will speak at the Knowledge Congress’ webcast entitled: “AML/BSA and OFAC Compliance: Practical Guidance for Banks and Financial Institutions.” This event is scheduled for February 14, 2014 from 12:00pm – 2:00pm (ET).
For further details, please visit: http://www.knowledgecongress.org/event_2013_OFAC_Compliance.html
About Donna DeMartino
Donna DeMartino is a Senior Director with Alvarez & Marsal's Dispute Analysis & Forensic Services in New York where she is currently the lead in the BSA/AML and Compliance Technology Service Line. She brings more than 20 years of management consulting experience in leading and managing large, complex technology implementation efforts, investigations, BSA/AML Look Backs and Forwards and has supported compliance, forensic, dispute and quarterly audit projects with a specific focus on fraud detection.
Ms. DeMartino has spent the last 13 years focusing on regulatory and compliance engagements within the financial services industry, specifically banking and brokerage. While she specializes in compliance related technologies, such as interdiction (OFAC), transaction monitoring applications, case and SAR management systems, she also has in-depth expertise in the policies and procedures that are captured in the business rules within the compliance's technology infrastructure (i.e., dynamic risk scoring, customer and enhanced due diligence, wire transfer transactions, e-payments, etc.).
From a project management perspective, she has provided management oversight to customer remediation efforts, transaction monitoring reviews and assessments, gap analysis, sanction reviews, work flow and case management product selections, testing, refinement and implementations. In addition, she has assisted clients in calibrating their thresholds and settings within the compliance technologies to accommodate enhancements and augmentations made to the financial institutions' business models.
About Peter Kwan
Peter Kwan is a Director in the Forensic Technology Services practice within Alvarez & Marsal's Global Forensic and Dispute Services line of business in New York. He brings 10 years of consulting experience in the management and implementation of data analytics efforts, BSA/AML Look-back reviews, and strategic database design and implementations.
Currently, Mr. Kwan is performing post-implementation testing for the Internal Audit department of a mid-Western based U.S. bank using the Actimize system. Previously, Mr. Kwan worked on a BSA/AML technology assessment for a large bank in Mexico offering US Dollar repatriation services to their customers. While at A&M, he has helped clients with regulatory driven Look-backs mandating the screening of transaction counterparties against governmental lists (e.g. OFAC) and the identification of reportable suspicious transactional activity, performing BSA/AML technology assessments on their usage of BSA/AML automated tools (YellowHammer BSA, AML Manager, Banker's Toolbox), and assisted with an implementation of the CDD module of NICE-Actimize.
Prior to joining A&M, Mr. Kwan worked in the Data Management Group at PricewaterhouseCoopers (PwC).
About Alvarez & Marsal
Alvarez & Marsal (A&M) is a global professional services firm specializing in turnaround and interim management, performance improvement and business advisory services. A&M delivers specialist operational, consulting and industry expertise to management and investors seeking to accelerate performance, overcome challenges and maximize value across the corporate and investment lifecycles. Founded in 1983, the firm is known for its distinctive restructuring heritage, hands-on approach and relentless focus on execution and results. To learn more, visitwww.alvarezandmarsal.com
Event Synopsis:
Given the current economic environment, virtually every business transaction could pose significant & systemic risks for banks and other financial institutions. Adding to the challenge is stepped up enforcement by regulators. To help financial executives navigate through the myriad of challenges facing them, The Knowledge Group is producing “AML/BSA and OFAC Compliance: Practical Guidance for Banks and Financial Institutions LIVE Webcast.”
This two-hour Live webcast is aimed at offering step-by-step practical guide in developing and/or improving your AML/BSA and OFAC model by addressing the following key topics:
• AML/BSA Technology Assessment & Portable Technology Infrastructure For Look Backs (Directed and Non-Directed)
• Identify and Understand Risk Appetite
• Compliance Program for a Financial Institution
• Remodeling an Effective OFAC Policy
• BSA Examiner's Checklist
• Setting up Risk Policy Guidelines and Internal Controls
• Regulatory Issues and Best Practices
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: www.knowledgecongress.org
For further details, please visit: http://www.knowledgecongress.org/event_2013_OFAC_Compliance.html
About Donna DeMartino
Donna DeMartino is a Senior Director with Alvarez & Marsal's Dispute Analysis & Forensic Services in New York where she is currently the lead in the BSA/AML and Compliance Technology Service Line. She brings more than 20 years of management consulting experience in leading and managing large, complex technology implementation efforts, investigations, BSA/AML Look Backs and Forwards and has supported compliance, forensic, dispute and quarterly audit projects with a specific focus on fraud detection.
Ms. DeMartino has spent the last 13 years focusing on regulatory and compliance engagements within the financial services industry, specifically banking and brokerage. While she specializes in compliance related technologies, such as interdiction (OFAC), transaction monitoring applications, case and SAR management systems, she also has in-depth expertise in the policies and procedures that are captured in the business rules within the compliance's technology infrastructure (i.e., dynamic risk scoring, customer and enhanced due diligence, wire transfer transactions, e-payments, etc.).
From a project management perspective, she has provided management oversight to customer remediation efforts, transaction monitoring reviews and assessments, gap analysis, sanction reviews, work flow and case management product selections, testing, refinement and implementations. In addition, she has assisted clients in calibrating their thresholds and settings within the compliance technologies to accommodate enhancements and augmentations made to the financial institutions' business models.
About Peter Kwan
Peter Kwan is a Director in the Forensic Technology Services practice within Alvarez & Marsal's Global Forensic and Dispute Services line of business in New York. He brings 10 years of consulting experience in the management and implementation of data analytics efforts, BSA/AML Look-back reviews, and strategic database design and implementations.
Currently, Mr. Kwan is performing post-implementation testing for the Internal Audit department of a mid-Western based U.S. bank using the Actimize system. Previously, Mr. Kwan worked on a BSA/AML technology assessment for a large bank in Mexico offering US Dollar repatriation services to their customers. While at A&M, he has helped clients with regulatory driven Look-backs mandating the screening of transaction counterparties against governmental lists (e.g. OFAC) and the identification of reportable suspicious transactional activity, performing BSA/AML technology assessments on their usage of BSA/AML automated tools (YellowHammer BSA, AML Manager, Banker's Toolbox), and assisted with an implementation of the CDD module of NICE-Actimize.
Prior to joining A&M, Mr. Kwan worked in the Data Management Group at PricewaterhouseCoopers (PwC).
About Alvarez & Marsal
Alvarez & Marsal (A&M) is a global professional services firm specializing in turnaround and interim management, performance improvement and business advisory services. A&M delivers specialist operational, consulting and industry expertise to management and investors seeking to accelerate performance, overcome challenges and maximize value across the corporate and investment lifecycles. Founded in 1983, the firm is known for its distinctive restructuring heritage, hands-on approach and relentless focus on execution and results. To learn more, visitwww.alvarezandmarsal.com
Event Synopsis:
Given the current economic environment, virtually every business transaction could pose significant & systemic risks for banks and other financial institutions. Adding to the challenge is stepped up enforcement by regulators. To help financial executives navigate through the myriad of challenges facing them, The Knowledge Group is producing “AML/BSA and OFAC Compliance: Practical Guidance for Banks and Financial Institutions LIVE Webcast.”
This two-hour Live webcast is aimed at offering step-by-step practical guide in developing and/or improving your AML/BSA and OFAC model by addressing the following key topics:
• AML/BSA Technology Assessment & Portable Technology Infrastructure For Look Backs (Directed and Non-Directed)
• Identify and Understand Risk Appetite
• Compliance Program for a Financial Institution
• Remodeling an Effective OFAC Policy
• BSA Examiner's Checklist
• Setting up Risk Policy Guidelines and Internal Controls
• Regulatory Issues and Best Practices
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: www.knowledgecongress.org
Contact
The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Contact
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