Founder & Principal

PARC Solutions a the first of its kind organization, using a multidisciplinary approach that utilizes high-level strategy, Risk and Compliance specialization, leveraging a powerful network, with a laser focus on long term sustainability and growth potential. We specialize in partnering with and advising innovative startups, banks, and other disruptors to formulate long-term business strategies that result in lucrative companies with a durable competitive edge in the market.

Key Accomplishments:

• Principal interface on all compliance exams, including OCC examiners on audits impacting the Bank
• Oversaw the development and implementation of new enterprise -wide AML Transaction Monitoring and KYC platform
• Introduced and incorporated an Artificial Intelligence based platform for Alert review and preliminary investigations for AML

Held full-scope strategic management responsibility for The Bancorp, Inc., and The Bancorp Bank’s FCRM controls and consumer compliance, at the same time overseeing operational execution. Developed the overall strategy for the transformation of the organization’s compliance risk management program and spearheaded ongoing assessments of its effectiveness, implementing initiatives to address both short- and long-term goals. Managed relationships with external third parties (e.g., business partners, vendors, etc.). Defined and disseminated the company’s anti-money laundering, fraud, OFAC and anti-bribery anti-corruption standards, reporting to the Committees of the Board of Directors. Formally designated as the bank’s BSA-AML-OFAC Officer with direct reporting to the Board of Directors. Represented the Bancorp’s risk and compliance functions on the leadership council and external forums.

Key Accomplishments:

• Led and managed the oversight, direction, advice, and counsel for a large, high-performing team of over eighty (80) professionals in all areas of daily operations.
• Introduced key modern technology controls (e.g., Actimize, FinScan, Lexis Nexis) to shape an effective enterprise wide FCRM program.
• Led the Risk and Compliance transformation for the Bank and oversaw regulator mandated remediation with third party vendor in addition to onsite oversight of over forty plus (40+) temporary staff for transaction monitoring.
• Planned and developed the vision & leading strategy to transform AML/Sanctions controls through the implementation of risk management solutions across traditional bank products and payments focused services.
• Managed BSA/AML and OFAC across the Bank and Internationally for Holding company subsidiary.
• Partnered and collaborated with all stakeholders (i.e., business, technology) on identifying data across disparate sources to ensure CDD/KYC and Monitoring platforms were designed appropriately.
• Founding member of the Women’s Initiative Network (WIN), leadership group to promote diversity and women across the company.

Director, Global AML Compliance

Developed and executed CIT Group’s AML program, spearheading global AML risk assessments on an ongoing basis, and proactively working to identify and control risks. Partnered with interdepartmental stakeholders from compliance, operations, and technology in daily operations to develop strategy and align corporate initiatives with the global AML program. Responsible for CIT Group’s Financial Intelligence Unit (FIU) in oversight of its operations, supporting investigations and SARs while working to optimize processes to improve efficiency. Held direct responsibility for five (5) direct reports and indirect management responsibility for a large, globally distributed team.

Key Accomplishments:

• Key senior AML Compliance expert on the team to lead the buildout of the AML Program with implementation of modern technology platforms for automation as well as efficiency to support it.
• Developed the Global KYC Program and requirements in order to build the onboarding process from manual to automated.
• Developed the customized AML training for global audience and for each business area.
• Oversaw regulator mandated remediation for CDD and automation of the KYC standards across the firm globally,
• Supervised corrective action plan remediations for BSA/AML to successfully resolve regulatory issues.
• Led implementation of an enterprise-wide client onboarding/KYC, sanctions screening, and transaction monitoring (Actimize) system tailored to the company’s requirements.
• Identified the requite compliance data from business platforms leading coordination with IT, Operations on requirements documents and functional specifications for compliance platform development (Actimize suite for CDD, WLF and SAM)
• Chaired the AML Committee and served on multiple senior governance working groups/committees during tenure, including the Anti-Bribery/Corruption Committee.

Senior AML Compliance Officer – Cross-Border Services & Bank

Coordinated and led all aspects of AML compliance operations related to Cross-Border Services and Bank, collaborating with other members of senior leadership on a day-to-day basis. Developed and implemented substantial training enhancements to increase operational capabilities. Simplified and improved CIP/KYC for client onboarding across bank and broker-dealer entities. Built and managed relationship with on-site examiners in support of internal audit and regulatory exams related to AML and Sanctions program.

Key Accomplishments:

• Introduced best-in-class monitoring procedures and controls to ensure robust reporting and issue remediation, at the same time striving to instill a compliance culture in collaboration with key business partners.
• Oversaw and remediated regulatory issues related to cross border services to successfully achieve satisfactory results.
• Guided senior management on U.S. AML/OFAC/sanctions requirements, expertly identifying compliance risk.
• Revamped training programming related to FCPA as well as domestic and global AML standards.
• Leveraged AML and law enforcement subject matter expertise to serve as anti-bribery/anti-corruption officer (NY Branch) for FCPA matters.
• Selected by Global Chief AML Officer to serve as Chair of the Cross-Border Services AML Committee (NY Branch).

Director, Global Compliance – AML Group

Managed global projects spanning multiple areas of operations—e.g., Retail Brokerage, Institutional Investment Management, and Private Wealth Management—strategically working to streamline processes and deliver on goals. Rolled-out tactical and strategic solutions based on global initiatives to mitigate risk. Conducted in-depth due diligence investigations for private wealth management clients, ensuring alignment with USA PATRIOT Act, BSA, FINRA, SEC, and other requirements. Developed improved training programming for Morgan Stanley business teams.

Key Accomplishments:

• Significantly trimmed AML technology operations costs by streamlining (and effectively downsizing) surveillance monitoring rules (e.g., SAS) for all business lines globally.< /li>
• Enhanced PEP process globally to ensure U.S. KYC standards were met and introduced an ongoing metrics methodology for senior management.< /li>

Intelligence Analyst

Specialized in complex, strategic assignments around subject area expertise—the Middle East and South Asia. Analyzed reports and intelligence related to terrorism with a focus on financial aspects in funding of terrorism activities. Involved in reviewing suspicious activity reports from financial institutions on other predicate crimes such as money laundering, sanctions, corruption and assessing cases to determine intelligence gaps in strategic and tactical scope. Reviewed and made recommendations on investigative and intelligence reports from multiple agencies.

• Authored reports for dissemination to intelligence agencies, Director of FBI, and U.S. President

• Hewlett Packard – Marketing Communications Manager (Financial Services Business Unit)
• NYS Attorney General – Investigator (White Collar and Medicaid Fraud)
• NYC Human Resources Administration – Fraud Investigator (Social Services Fraud)

Education

ADELPHI UNIVERSITY – New York, NY

M.B.A., Management

ST. JOHN’S UNIVERSITY – New York, NY

M.A., Government & Politics; Graduate Certificate, Public Administration

B.A., Public Administration

Languages

Fluent in Hindi, Punjabi, and Urdu; Conversational German and Spanish

Affiliations

ACAMS, Financial Women’s Association (FWA), FBI InfraGard, Ellevate, Women Corporate Directors Foundation (WCD), Women’s Leadership Academy (fka. LadyDrinks), Ascend

Industry Speaker on financial crimes, fraud, compliance, with a special emphasis on fintech’s, banking, financial services, payments, and emerging industries i.e., blockchain, crypto)

Volunteer

Financial Women’s Association (FWA)

• Board Member & Audit Committee (2022 – Present)
• Co-Chair (2019 – Present)
  Directorship and Corporate Governance Committee

Adelphi University - Robert B. Willumstad School of Bus.

• Dean's Advisory Board (2019 – Present)
• Committee Chair – Student Success & Preparedness

2020 Women on Boards

• NY Committee Member 2019

City Year NY Women’s Board (2015–2020)

• Co-Chair (2019/2020)

Board Memberships

FinTech Acquisition Corp. III Independent Director (Aug. 2018 – Nov. 2020)

• Chair, Compensation Committee
• Audit Committee (2018)