The Chief AML Officer and their Role as the Head of Financial Crime Risk and Compliance

The CAMLO is far more than a risk manager or compliance officer.

Setting the baseline for this article.

The industry has created a lot of inconsistencies around the title, scope, and role of the individual charged with managing financial crime risk and compliance. For many organizations, siloed approaches are the norm when contemplating the setup of an AML or fraud program. These programs are often layered into middle…