In this special edition of AML Now, John Byrne, ACAMS executive vice president, sat down with ACAMS’ Advisory Board Chair Rick Small to discuss the history of anti-money laundering (AML), his career and where he sees the community heading into 2016 and beyond.
Rick Small brings leading insights on the challenges, strategies, regulatory expectations and future focus areas for AML and financial crimes at a global level. Prior to joining EY, he was the senior vice president, enterprise-wide AML, anti-corruption and international regulatory compliance for American Express. In this role, Small was responsible for overseeing the enterprise-wide AML, anti-corruption and sanctions programs. In addition, he was responsible for the compliance teams that manage day-to-day compliance outside of the U.S.
Prior to joining American Express, Small was the global AML leader for GE Money, a division of General Electric. In this role, he was responsible for the AML program of all GE money businesses globally. Prior to joining GE, he was the managing director, global AML, for Citigroup.
Moreover, Small was first a federal prosecutor with the U.S. Department of Justice in the Antitrust Division and the Organized Crime Strike Force and then with the U.S. Department of the Treasury as the senior counsel for law enforcement. His most recent government position was on the staff of the board of governors of the Federal Reserve System as deputy associate director in the division of banking supervision and regulation. Small is currently chairman of the advisory board of ACAMS and a member of the advisory board for the American Bankers Association/American Bar Association Money Laundering Enforcement Conference.