John is a Deloitte Advisory Managing Director in Deloitte’s Anti-Money Laundering and Sanctions Consulting Practice. He advises clients on matters relating to Bank Secrecy Act/Anti-Money Laundering compliance, including C-suite briefings and training, BSA/AML compliance program assessments, governance, enterprise risk assessments, customer risk rating development, CDD and EDD services, transaction monitoring, sanctions services and advising on strategies for and validating regulatory enforcement actions.
Prior to joining Deloitte, John was the Director for Bank Secrecy Act and Anti-Money Laundering Compliance Policy at the Office of the Comptroller of the Currency (OCC). After 32 years with the OCC, he was one of their most senior AML officials at the time of his retirement in May 2014. As the first Director of the OCC’s BSA/AML Compliance Division, John created the compliance policy department and team, established its strategic vision, developed internal processes, and formulated agency goals and objectives.
In addition to his role at the OCC, John served as Chair of the Federal Financial Institutions Examination Council’s (FFIEC) BSA/AML Working Group and was Co-Chair of the Supervision and Enforcement Subcommittee for The Department of the Treasury’s Task Force on the U.S. AML Framework. John also led a number of agency committees and working groups, offering policy and supervisory direction, as well as guidance in remedial actions, including orders to cease and desist, formal agreements, civil monetary penalties, and informal actions. He was frequently sought out for his experience and knowledge on complex policy, examination, and enforcement matters.
John has extensive, multi-faceted, global AML experience. While at the OCC, he was the primary liaison to foreign government representatives on AML matters. John advised international organizations, such as Financial Action Task Force, Basel’s AML Experts Group, and International Monetary Fund, on international AML expectations and issues. John also coordinated supervisory activities and enforcement matters with foreign governments. He supported the Treasury Department financial sector initiatives through his leadership during the Private Sector Dialogues in Argentina, Columbia, Florida, and Washington, D.C. As Director for BSA/AML Compliance, John was responsible for developing and providing training to bank supervisors worldwide, including Barbados, Peru, Chile, and the United Arab Emirates. During his career, John also participated in bank examinations of U.S. institutions operating in Argentina, Brazil, and London, UK.