CLEVELAND (PRWEB) March 04, 2019
AML RightSource is pleased to announce Timothy White, CAMS has joined the company as Vice President of Business Development and Sanctions.
Mr. White is a proven thought leader in the AML community, having spoken at Association of Certified Anti-Money Laundering Specialists (ACAMS) and American Bankers Association (ABA) events, among other notable conferences. He has also published articles in the ABA Bank Compliance Magazine, ACAMS Today, and Western Banking Magazine.
According to AML RightSource Vice Chairman John Byrne, “Tim White’s expertise in all aspects of the challenges of sanctions compliance is unparalleled. More importantly, Tim is a trusted member of the broader AML community, and has spent his career helping and assisting his peers. He is a great addition to the AML RightSource team.”
Mr. White brings over 35 years of sales experience within the banking and financial services sector, including 25 years focused on Office of Foreign Assets Control (OFAC), international sanctions, and Bank Secrecy Act (BSA) compliance. As an OFAC and sanctions specialist, Mr. White has consulted and trained on these topics for several public and private initiatives, including the United Nations’ Al Qaida / Taliban Sanction monitoring private sector working group, EU-US Workshop on Financial Sanctions and Terrorist Financing, and the FBI’s Terrorist Financing Operations Section in Washington, D.C.
Mr. White will head the OFAC and sanctions compliance arm of AML RightSource. Of his new role, Mr. White says, “It is an honor to be joining the team at AML RightSource, as the company is clearly a leader in providing expertise and monitoring services to prevent financial crime and sanction violations. I am looking forward to lending my expertise on sanctions and facilitating customer interaction with the experts at AML RightSource as well as with the Federal Regulatory and Law Enforcement Agencies.”
AML RightSource Chief Executive Officer Frank Ewing added, “Tim brings immediate depth to our company as it relates to OFAC and sanctions compliance, and has a strong track record serving community and mid-sized banks to meet their AML and BSA needs. We are very excited to have him join the team.”
About AML RightSource
AML RightSource is the leading provider of AML/BSA and Financial Crimes co-sourcing solutions. With over 600 AML/BSA professionals, AML RightSource provides highly trained AML/BSA professionals and subject matter experts to assist clients in meeting their AML/BSA regulatory demands. The company’s current services include transaction monitoring, alert backlog management, enhanced due diligence reviews, fraud investigations, and financial crimes advisory services. AML RightSource, a Clarion Capital Partners portfolio company, is headquartered in Cleveland, Ohio. For more information, visit amlrightsource.com.