Latest news with #CertifiedAnti-MoneyLaunderingSpecialist
Business Wire
05-08-2025
- Business
- Business Wire
Exchange Bank Promotes Jamie Hidalgo to Senior Vice President, Risk Management
SANTA ROSA, Calif.--(BUSINESS WIRE)--Exchange Bank (OTC: EXSR) is pleased to announce the promotion of Jamie Hidalgo to Senior Vice President, Risk Management. Since joining the Bank in March 2021 as Vice President, Risk Management Officer, Jamie has played a pivotal role in transforming the Bank's compliance infrastructure and enhancing its overall risk management framework. With over 22 years of community banking experience, Jamie has consistently demonstrated deep expertise across key areas including regulatory compliance, internal audit, fraud prevention, and third-party risk management. Her previous roles as Head of Compliance, and Compliance and BSA Officer at local institutions have positioned her as a respected leader in the industry. 'Jamie's vision and commitment to building a strong risk culture have been instrumental in elevating the Bank's risk oversight and compliance programs,' said Shari DeMaris, Executive Vice President and Chief Operating Officer. 'Her collaborative leadership style and focus on empowerment align perfectly with the Bank's values and long-term objectives.' In her new role, Jamie will continue to lead efforts to strengthen Exchange Bank's enterprise risk strategy, ensuring a forward-looking approach to risk governance and resilience. Jamie holds certifications as a Certified Regulatory Compliance Manager (CRCM) and Certified Anti-Money Laundering Specialist (CAMS) and is actively pursuing her Certified Enterprise Risk Professional (CERP) designation from the American Bankers Association. A hands-on and communicative leader, Jamie is known for her strong coaching skills, cross-functional collaboration, and accountability. She fosters alignment and support within her teams, ensuring the Bank is well-positioned to navigate the evolving risk landscape. Beyond her professional contributions, Jamie remains deeply involved in the community. She currently serves on the board and finance committee of United Cerebral Palsy and has a long-standing commitment to volunteerism, including working with Mentor Me Petaluma and as a graduate of Leadership Petaluma. About Exchange Bank Headquartered in Sonoma County and founded in 1890, Exchange Bank is a full-service community bank with assets of $3.27 billion. Exchange Bank provides a wide range of personal, commercial, and trust and investment management services with 17 retail branches in Sonoma County, a retail branch in Roseville and Trust & Investment Management offices in Santa Rosa, Roseville, Marin County and Silicon Valley. The Bank's legacy of financial leadership and community support is grounded in its core values of commitment, respect, integrity, and teamwork. Exchange Bank is known for its people who care about their customers, their company, and the communities where they live and work. Exchange Bank is a 19-year winner of the North Bay Business Journal's Best Places to Work survey and a 13-time winner of the Best Bank of Sonoma County by the Press Democrat's Readers' Choice 2024 awards. Exchange Bank was named Best Consumer Bank by the NorthBay biz Magazine's Best of the North Bay readers' poll and Best Local Bank by The Petaluma Argus Courier People's Choice Awards 2025. Exchange Bank is also a winner of the 2024 San Francisco Business Times Corporate Philanthropy award, and the Bohemian Magazine's Best of the North Bay 2024 named Exchange Bank Best Business Bank and Best Consumer Bank. Member FDIC — Equal Housing Lender — Equal Opportunity Employer
Business Upturn
23-06-2025
- Business
- Business Upturn
SEDA Experts Enhances AML and Fraud Investigations Capabilities with Addition of Colin L. Schmitt
New York, NY, June 23, 2025 (GLOBE NEWSWIRE) — 'We are delighted to welcome former FBI Special Agent Colin Schmitt to SEDA Experts,' said Peter Selman, Managing Partner of SEDA Experts. 'Colin brings extraordinary investigative experience and a deep understanding of financial crime, which will be of great value to our clients globally.' Colin Schmitt is a seasoned investigator and Certified Fraud Examiner (CFE) with over 25 years of distinguished experience in federal law enforcement and private investigations. Retired from the Federal Bureau of Investigation (FBI), Mr. Schmitt served as a Special Agent, Supervisory Special Agent, and Unit Chief, specializing in range of critical national and international investigations, including financial fraud, healthcare fraud, public corruption, civil rights enforcement, and counterterrorism operations. During his FBI tenure, Mr. Schmitt led the Financial Crimes, Public Corruption, and Civil Rights Squad in Riverside, under the Los Angeles Field Office. He established the first Public Corruption Task Force in collaboration with the District Attorney's Offices of San Bernardino and Riverside Counties. Under his leadership, the task force executed the largest cash bribe sting in FBI history—paying a $1.2 million bribe. Mr. Schmitt also directed the logistics support component of the San Bernardino terrorist investigation, coordinating over 900 leads within 20 days and contributing to the successful prosecution of remaining co-conspirators. Before his leadership in Riverside, Mr. Schmitt was stationed at FBI Headquarters within the Weapons of Mass Destruction (WMD) Directorate. As Supervisory Special Agent and later Unit Chief of the Operations Unit, he oversaw the national Weapons of Mass Destruction (WMD) Coordinator Program and led multi-agency training exercises in partnership with U.S. intelligence entities. Over his career, he contributed to more than 40 major federal cases involving crimes such as terrorism financing, fraud, conspiracy, and money laundering. He also served in specialized roles including SWAT Operator, Profiler, Informant Coordinator, and Inspector-in-Place. Following his retirement from the FBI, Mr. Schmitt founded Chronos Investigations, where he applies his deep expertise as a Certified Fraud Examiner (CFE) and Certified Anti-Money Laundering Specialist (CAMS) to conduct high-stakes corporate investigations. His private-sector work includes cases involving workers' compensation fraud, embezzlement, sexual assault, hostile workplace complaints, and inventory shrinkage. Mr. Schmitt holds a Bachelor of Science in Accounting and Economics from the University of Missouri – Columbia and an MBA from Northeastern University – Boston. About SEDA Experts LLC SEDA is a leading expert witness firm specializing in financial services. We support international law firms by offering the highest level of expertise across the financial industry and providing access to the most influential financial services industry leaders. We provide superior independent advice, data analytics, valuation, and elite expert reports and testimony services to law firms, regulators, and leading financial institutions. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Daily Tribune
14-04-2025
- Business
- Daily Tribune
Al Baraka Islamic Bank names Mohammed Ali Al Tamimi as Chief of Compliance and MLRO
Al Baraka Islamic Bank, one of the leading Islamic banks in the Kingdom of Bahrain, is pleased to announce the appointment of Mohammed Ali Al Tamimi as its new Chief Compliance Officer and Money Laundering Reporting Officer (MLRO) With over 18 years of professional experience in banking and mainly in compliance and regulatory oversight and anti-money laundering, Al Tamimi brings a wealth of expertise to his new role. He previously served as the Vice President of Compliance and Regulatory Oversight at Qatar National Bank (QNB), where he played an instrumental role in strengthening compliance systems and ensuring adherence to regulatory standards. His efforts focused on addressing financial crime-related issues and developing Environmental, Social, and Governance (ESG) strategies, significantly enhancing the bank's compliance framework. Before joining QNB, Al Tamimi held several key positions, including Head of Compliance and Anti-Money Laundering at Cairo Amman Bank (Bahrain Branch). In these roles, he was pivotal in establishing and fortifying compliance functions in alignment with the highest international and local regulatory standards. Al Tamimi holds a Bachelor's degree in Banking and Finance from the University of Bahrain, along with several distinguished professional certifications, including an International Diploma in Compliance, the Certified Anti-Money Laundering Specialist (CAMS), and the Certified AML FinTech Compliance Associate certification (CAFCA), which he obtained in June 2024. These qualifications reflect his deep expertise in the field, as well as his capability to tackle regulatory challenges with efficiency and professionalism. Dr. Adel Abdullah Salem, the Bank's Chief Executive Officer, welcomed Al Tamimi's appointment, stating, 'We are delighted to announce Mr. Mohammed Ali Al Tamimi as our Chief of Compliance and MLRO. His extensive experience will undoubtedly enhance our ability to meet the highest regulatory standards, and we are confident that his addition to our team will contribute to providing safer and more reliable banking services, reinforcing our commitment to transparency and best banking practices.'
Associated Press
04-04-2025
- Business
- Associated Press
Theo S. Basis Joins Spartan Capital Securities as Chief Compliance Officer
New York, NY, April 04, 2025 (GLOBE NEWSWIRE) -- Spartan Capital Securities is pleased to announce the appointment of Theo S. Basis as the firm's new Chief Compliance Officer. With over 30 years of experience in compliance and regulatory roles across broker-dealer, registered investment advisory, insurance, and investment banking sectors, Mr. Basis brings a wealth of leadership and expertise. He excels in overseeing compliance governance and ensuring regulatory adherence. Throughout his career, Mr. Basis has held leadership positions at some of the most prominent financial institutions, including AXA Equitable, Prudential, Principal Financial Group, TD Wealth Management, Signature Bank/Securities, W.J. Nolan & Co. (a NYSE member), and, most recently, Laidlaw & Co. Additionally, Theo worked as a Senior Compliance Examiner with FINRA Membership Regulation, District #10 in New York, working in Special Investigations/Enforcement, where he developed a sharp acumen for assessing regulatory risks and implementing solutions to ensure regulatory compliance. Mr. Basis is an expert in the application of SEC, FINRA, and MSRB regulatory rules and interpretations, and he has earned a strong reputation as a trusted compliance leader and strategic advisor. He holds multiple securities registrations, including Series 7, 8, 9, 10, 14, 24, 53, 63, 65, and 99. Additionally, in 2007, he attained the Certified Anti-Money Laundering Specialist (CAMS) designation and has utilized this specialty ever since. John D. Lowry, Founder and CEO of Spartan Capital Securities, commented, 'We are thrilled to welcome Theo Basis to Spartan Capital Securities. His extensive experience in regulatory compliance and leadership will be instrumental in strengthening our compliance infrastructure and ensuring we meet the highest industry standards. Theo's ability to navigate complex regulatory landscapes will be a critical asset as we grow and expand.' About Spartan Capital Securities, LLC (SCS): Spartan Capital Securities, LLC is a full-service, integrated financial services firm that provides sound investment guidance for high-net-worth individuals and institutions. With deep market knowledge, risk management strategies, and investment expertise, Spartan Capital has earned a strong reputation as a trusted financial advisor. The firm offers personalized asset allocation programs tailored to meet each client's unique financial goals. Spartan Capital also offers advisory and insurance services through its affiliates, Spartan Capital Private Wealth Management, LLC, and Spartan Capital Insurance Services, LLC. John D. Lowry Spartan Capital Securities +1 (212) 293-0123
