Congratulations, Kathleen McDevitt Carr, CAMS!

June’s ACAMS AML Professional of the Month  was awarded to Kathleen McDevitt Carr, CAMS. Carr was recognized for her mentorship and leadership in the anti-money laundering (AML) field. Carr was one of the founding board members of the ACAMS Greater Boston Chapter and currently serves as the co-chair of the chapter. She is a graduate of Providence College in Providence, Rhode Island and Suffolk University Law School in Boston, Massachusetts. Starting her career as a trust attorney, she first joined the financial services industry within wealth management. In 2006, a former manager suggested she read the USA PATRIOT Act as AML jobs would be opening in the future. With that, she was hooked on AML!

Carr’s first AML roles were working within the wealth management line of business providing advice and counsel, guiding implementation of AML policy and reviewing high-risk customers. When she joined the financial crimes compliance department, her responsibilities expanded to a global scope. Based in Rhode Island, Carr is currently the global financial crimes compliance executive at Bank of America and is responsible for the financial crimes compliance regulatory change/inventory process, financial crimes compliance policies including customer due diligence, and exam, audit and litigation response.

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.

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