Christopher Recor joins as leader of Anti-Money Laundering practice
NEW YORK, January 20, 2015 –(BUSINESS WIRE)–Christopher Recor has joined Grant Thornton LLP as a managing director and leader of its Financial Services Advisory Anti-Money Laundering practice, based in New York.
Recor has more than 20 years of experience in the financial services industry, specializing in compliance and anti-money laundering services. He has extensive experience in financial crimes compliance, including Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA), trade and economic sanctions, fraud and loss management, and broker/trade surveillance. He has also served as an engagement director on industry leading projects, including BSA and AML program development; governance structures and board-level reporting; enforcement actions and remediations; lookbacks; funds transfer processing; BSA/AML independent audit examinations; controls development and testing; policy and procedure development; and systems implementations.
“As we demonstrated last year with the additions of Jose Molina and Ilieva Ageenko to lead our Enterprise and Model Risk Management practices, respectively, Chris’ arrival highlights the firm’s continued commitment to building a comprehensive suite of financial services advisory and regulatory capabilities,” said Nigel Smith, Grant Thornton’s U.S. Financial Services Advisory leader.
“Chris’ proven leadership and extensive experience delivering financial crimes regulatory services, including anti-money laundering and compliance programs, will be integral in meeting the needs of our clients throughout Metro New York and New England,” said Frank Kurre, Grant Thornton’s Metro New York and New England managing partner.
Most recently, Recor was a director within the Regulatory and Risk Compliance Management practice at PricewaterhouseCoopers LLP, delivering and managing BSA/AML, sanctions and compliance programs for banking and capital markets clients. Previously, he was a managing principal at Capco, advising and implementing business and technology regulatory, risk and compliance solutions for clients. Prior, Recor was a director at Deloitte & Touche LLP, where he led and delivered AML technology services.
Recor is a certified anti-money laundering specialist and a member of the Association of Certified Anti-Money Laundering Specialists and a past associate member of the Association of Certified Fraud Examiners. He received a master’s degree in finance and accounting from Thomas College and a bachelor’s degree in business administration from Husson University.
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SOURCE: Grant Thornton