Thomas Odonnell

About Thomas Odonnell

Tom is an experienced compliance executive, co-leader of EY’s US Financial Crimes Compliance practice, and the Executive Sponsor of the EY FSO Veterans Network. He has over 24 years of experience in providing consulting services to the Banking Industry, specializing in the areas of Anti Money Laundering (\"AML\"), USA PATRIOT Act, Bank Secrecy Act (\"BSA\"), Office of Foreign Assets Control (\"OFAC\") and Foreign Corrupt Practices Act (\"FCPA\") investigations and compliance matters. He has led engagements for institutions that were under Regulatory Orders from The Federal Reserve Bank (FRB), The Office of the Comptroller of the Currency (OCC), as well as State Banking Authorities. He is a regular speaker at both industry and client forums relating to Financial Crime, BSA/AML and CTF. Tom has advised senior management within national and international financial services organizations with respect to policies, procedures, processes, controls and information technology systems related to BSA/AML compliance activities, specifically related to Written Agreements and Cease and Desist Orders issued by Regulatory agencies. He has reported findings to both bank senior management and Regulatory authorities. Tom has led engagements at both large international and national financial institutions that have focused on development and implementation of a comprehensive Financial Crime Program, including Anti Money Laundering and BSA Compliance Programs, KYC and CDD/EDD requirements, CTR and SAR filing requirements and compliance with current OFAC regulations. Tom has conducted detailed reviews and monitoring of high risk customer accounts to include PEP\'s, and transactional activity within the high risk accounts.Specialties: Tom\'s vast experience in working with large international banks in designing, reviewing and improving the operating effectiveness of their BSA/AML programs, helps him provide clients with ideas opportunities for increased efficiencies and works with them to create functional and practical implementation approaches and suitably designed processes.

Experience

1. Partner Principal

   EY

   Jan 2010 — Present · New York, NY, US

Skills

• Internal Audit
• Kyc
• Aml
• Strategy
• Ofac
• Banking
• Risk Management
• Compliance Testing
• Forensic Accounting
• Private Banking
• USA Patriot Act
• Financial Services
• Financial Statements
• Bank Secrecy Act
• Anti Money Laundering
• Fcpa
• Financial Risk
• Transaction Processing
• Business Process
• Financial Analysis
• Regulations
• Business Intelligence
• Due Diligence
• Hedge Funds
• Management
• Operational Risk
• Compliance
• Fraud
• Corporate Governance
• Enterprise Risk Management
• Sanction
• U.s. Office of Foreign Assets Control (Ofac)
• Investment Banking
• Operational Risk Management
• Financial Regulation