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Q3 Trends, From the Desk of Darrin Lang

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As regulated financial institutions work to comply with the Bank Secrecy Act and increasing anti-money laundering laws, AML and other audit-based profiles have been on the rise. From identifying gaps and risks in record-keeping and “know your client” systems, to training staff on updated reporting requirements and regulations, AML efforts cross technical with financial expertise, and involve complying with international laws.

Increasing responsibilities of these professionals in recent years have also led to subsequent salary increases. We’ve noticed this trend in both the rates our consultants are demanding but also in the budget banks and other financial institutions are setting aside for this critical function.

To discuss the security of your institution’s technology and financial information, contact us