Michael Ryan, CAMS
Anti-Money Laundering Program Manager at Brookline Bancorp Inc- Claim this Profile
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Bio
Credentials
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Certified Anti-Money Laundering Specialist
ACAMSDec, 2013- Oct, 2024
Experience
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Brookline Bancorp Inc
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United States
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Banking
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1 - 100 Employee
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Anti-Money Laundering Program Manager
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Mar 2016 - Present
Analyze and align enterprise-wide BSA/AML programs, plans, policies and procedures with industry best practices and regulatory standards Partner with Bank management on the continuous development and refinement of bank-wide BSA/AML and OFAC sanction programs, processes and controls Perform periodic analysis and evaluation of monitoring systems and provide recommendations for tuning and performance improvement Develop and maintain department workflow process analysis, metrics and performance monitoring Interpret new regulations, regulatory amendments and advisories and communicate results to management and business units as applicable Provide subject matter expertise to department and business partners and facilitate appropriate compliance measures Manage and maintain enterprise-wide AML and OFAC risk assessment Identify and resolve complex BSA/AML and OFAC operation, systems and compliance issues Show less
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Robert Half Management Resources
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United States
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Staffing and Recruiting
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300 - 400 Employee
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Bank Secrecy Act/Anti-Money Laundering Consultant
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May 2010 - Feb 2016
Develop and implement comprehensive BSA/AML and OFAC compliance policies, processes and procedures supporting operational efficiencies and alignment with industry best practices; Conduct comprehensive money laundering and OFAC risk assessments to identify vulnerabilities and opportunities for enhancements; Analyze and evaluate the effectiveness of monitoring systems and controls and provide recommendations for tuning and performance improvement; and Provide advisory and support services relating to BSA/AML regulatory changes, interpretation, and best practices. Show less
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Financial Intelligence Unit Risk Manager, Vice President
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Apr 2008 - Apr 2010
Analyzed, evaluated and provided strategic guidance and direction for Anti-Money Laundering programs, plans, policies and procedures to Financial Intelligence Unit teams and bank business units;Also maintained, and managed the enterprise-wide Anti-Money Laundering risk assessment processes;Supported the Director of the Financial Intelligence Unit in developing, managing and implementing bank-wide Anti-Money Laundering programs, processes and controls;Evaluated and maintained the bank’s written Anti-Money Laundering compliance programs; andIdentified and resolved complex operation and Anti-Money Laundering compliance issues involving bank system implementations and enhancements, and introduction of new products and services. Show less
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AML Systems Development/Conversion Project Manager, Vice President
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May 2004 - Apr 2008
Coordinated and managed the successful integration of Bank Secrecy and Anti-Money Laundering systems and operations for 6 bank acquisitions; Managed mid and large scale bank projects impacting Bank Secrecy Act and Anti-Money Laundering operations;Coordinated testing and installation of Anti-Money Laundering monitoring system platform including rules-based logic for identifying unusual activities; andLead multiple Bank Secrecy and Anti-Money Laundering system and process enhancement projects including the development of multiple MS Access databases to improve operational efficiencies. Show less
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Bank Secrecy Act Manager/Assistant Vice President
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Mar 2000 - May 2004
Created and managed Bank Secrecy Act Department consisting of currency transaction specialists and investigators;Managed the research, investigation and reporting of suspicious activity relating to money laundering;Developed and implemented BSA reporting policies, processes and controls across network of business units and 750 branches increasing efficiency and quality, and improving risk position for currency transaction and suspicious activity reporting;Created and implemented comprehensive classroom and web-based BSA training programs to a targeted audience of 4,000 bank staff;Developed and implemented management reports providing status of BSA programs and operations. Show less
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Branch Services Operations Manager
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May 1997 - Mar 2000
Managed a team of 9 specialists responsible for cash and general ledger reconcilements, money center operations, policies and procedures, and currency transaction reporting; Developed and implemented quality control and loss tracking across 85 branches including management status reports; Managed the integration of branch operations for 5 bank acquisitions; Managed a team of 9 specialists responsible for cash and general ledger reconcilements, money center operations, policies and procedures, and currency transaction reporting; Developed and implemented quality control and loss tracking across 85 branches including management status reports; Managed the integration of branch operations for 5 bank acquisitions;
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Education
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2002 - 2003
Cambridge College
Masters, Management
Community
