Financial Crimes Advisory

The Financial Crimes Advisory practice provides consulting services to clients across the financial services sector. The practice is comprised of experts with many years of government, consulting and financial crimes compliance experience. Expertise includes the following domains and disciplines: Anti-Money Laundering (AML) programs, BSA Exam Strategy Assistance, economic sanctions, cyber crime, anti-corruption & bribery, bank fraud, rule threshold & testing/analysis as well as combating the Financing of Terrorism Financial Intelligence (FININT).

The Financial Crimes Advisory practice develops and deploys strategies to counter financial crimes and illicit financial threats.

Services include:

Retainer Services

Direct access to senior consultants for an annual flat retainer fee. Communications between the partners and the client via phone, email or in person. The advisory does not include time and materials associated with a requested deliverable work product.

Core competency services:

Regulatory Matters
Audit Matters
Operational Matters
Industry Benchmarking & Insights

Financial Crimes Strategy Consulting Services

Time and materials based advisory in strategic programmatic and operational areas of financial crimes efforts.

Core competency services:

Financial Crimes Programmatic
Assessments & Planning Support

Financial Crimes Operational
Assessments & Planning Support

AML Consulting Services

Time and materials based advisory specific to anti-money laundering efforts.

Core competency services:

AML Risk Appetite Framework
AML Enterprise Wide Risk Assessment
AML Strategy
AML Policy & Program Development
AML Monitoring Strategy & Rule Development

Investigative Services

Time and materials based advisory specific to sensitive investigative matters related to a potential or confirmed financial crime.

Core competency services:

Financial Investigations
Forensic Analysis
Asset Identification & Tracing

Financial Crimes Case Studies

Current AMLRS client required assistance with an overhaul of its AML/BSA policies and procedures per its federal regulator

Assistance with overhaul of AML/BSA policies and procedures

AML RightSource's client, a regional bank, sought assistance with an overhaul of its AML/BSA policies and procedures at the direction...

Enterprise wide AML/BSA risk assessment for a large regional bank under a formal action by its federal regulator

AML/BSA risk assessment for a large regional bank

AML RightSource created an enterprise wide AML/BSA risk assessment (“EWRA”) for a large regional bank that was under a formal action by its federal...

Selection and implementation of new transaction monitoring system for mid-sized regional bank

New transaction monitoring system for mid-sized regional bank

A mid-sized regional bank required assistance with the selection of a new transaction monitoring system and needed assistance with...