Brett Manwaring is a managing director in K2 Intelligence’s Financial Crimes Risk and Compliance practice. Brett specializes in financial crime prevention, anti-money laundering (AML), sanctions, and regulatory matters affecting banks, custodians, gaming companies, and foreign banks. He aids institutions with all aspects of the implementation and validation of transaction-monitoring systems, from the vendor-selection process and tuning of alerting scenarios to a review of governance and management; model documentation, implementation, and testing; rules validation; and evaluation of the alert review process. The process has since been formalized in the New York Department of Financial Services (DFS) Superintendent’s Regulation 504. In addition, Brett proactively assesses institutions and gaming companies to ensure compliance with Bank Secrecy Act (BSA) transaction-monitoring regulations, as well as other regulations outlined by the BSA.
Prior to joining K2 Intelligence, Brett served as vice president at JPMorgan Chase & Co., where he was an anti-money laundering (AML) compliance officer working in the bank’s Enterprise Financial Crimes Compliance group. He was responsible for developing and implementing policies and procedures to measure and evaluate various components of the bank’s AML program, including transaction monitoring reviews and protocols. Brett was also involved in the ongoing monitoring of the bank’s AML activities. During his tenure at JPMorgan, he interacted directly with regulators from the Office of the Comptroller of the Currency, the Federal Reserve Bank of New York, and the Financial Industry Regulatory Authority.
Prior to joining JPMorgan, Brett was a forensic accountant and AML consultant in KPMG’s forensic practice, where he undertook numerous investigations involving financial transactions dealing with cease and desist orders. He was also a member of a field team that assisted the New York City Department of Design and Construction in monitoring labor, payroll, materials, and expenses incurred in connection with demolition and removal of debris from Ground Zero following the terrorist attacks of September 11, 2001.
Brett earned his M.B.A. and B.S. in finance from Seton Hall University.