November’s AML Professional of the Month  was awarded to Isaac Tsang, CAMS. Tsang was recognized for his contributions to the anti-money laundering (AML) field. Tsang is the senior manager of scenario testing and analytics for AML at BMO Financial Group. He utilizes technology and leverages his experience from his time as an AML investigator to create innovative and meaningful tools tailored specifically for AML investigators. His team works with the bank’s modelling and technology groups to create efficiencies for the AML financial intelligence unit in multi-faceted ways. This includes the continual fine-tuning of transaction monitoring scenarios that have undesirable false positives, creating new scenarios off certain predicate offenses, automating processes with robotic process automation, bringing in and enriching data for AML and developing targeted tools in-house. These items and projects have resulted in efficiencies and increased each end user’s capacity to do more while effectively managing risk. Tsang is focused on empowering investigators to fight and deter financial crimes by equipping them with tools and derived insights through analytics.

Tsang holds a bachelor’s degree in economics with a finance specialization and a minor in management studies from the University of Waterloo. He also graduated with honors from the financial compliance administration program at Seneca College and is a Certified Anti-Money Laundering Specialist (CAMS).

Do you have a mentor who has actively influenced your anti-money laundering (AML) career path in a positive way? Does someone in your network exemplify excellence in AML? Recognize their commitment: Nominate them for ACAMS AML Professional of the Month.