MEMBER SPOTLIGHTS
Thephil Russelliah Roby , CAMS Riverwoods , IL , USA
Thephil Russelliah Roby has over 12 years ’ of experience with financial institutions in the creation and development of their antimoney laundering and sanctions programs , both in the U . S . and abroad . Currently , Roby serves as director for Enterprise AML Governance and Risk at Discover Financial Services in Riverwoods , Illinois . In this capacity , Roby designed and launched the enterprise AML function in order to provide enhanced governance and oversight through the development of consistent standards and practices throughout the organization . Under her leadership , enterprise AML has established , among other things , a holistic enterprise-wide risk program ( for risk assessments , country risk , monitoring for new risks / threats , etc .), a policy / procedure framework , a comprehensive training program and an ongoing monitoring and testing program for key controls . In addition , Roby created and launched Discover ’ s Enterprise Sanctions and List Screening function , allowing for improved governance , consolidated investigations and enhanced technology capabilities for enterprise-wide acquisition , portfolio and transactional screening .
Prior to joining Discover , Roby held several leadership positions at BMO Financial Group , including serving as director and head of AML — Europe in London , U . K . In this role , she successfully led the design and execution of a comprehensive AML and sanctions program for the scope of the European business and oversaw integration activities of a key acquisition .
Furthermore , Roby has a master ’ s in leadership and change management from DePaul University in Chicago , with distinction , and received her CAMS certification in 2007 .
Marios M . Skandalis , FCCA , CFC , CFE , FICA , Nicosia , Cyprus
Marios Skandalis is a fellow member of the Association of Chartered Certified Accountants ( U . K .), a licensed member of the Association of Certified Fraud Examiners ( U . S .) and a Certified Financial Consultant .
In addition , he is a fellow member of the International Compliance Association ( U . K .), a member of the Society of Corporate Compliance and Ethics ( U . S .) and a member of the Association of Certified Anti-Money Laundering Specialists ( ACAMS ).
Today he is the director of the Group Compliance Division of the Bank of Cyprus Group . In this role , he successfully led the demanding compliance and anti-financial crime enhancement program over the last three years leading to the cultural transformation of the bank , setting it as a benchmark and a model financial institution in Europe . To this respect , Bank of Cyprus was awarded the 2017 Best Corporate Governance Corporation in Cyprus Award by World Finance ( U . K .), the 2016 Award for Best Transparency and Anti-Corruption Practices by Transparency International Cyprus and the 2017 Award for Best Bank in Cyprus by Corporate Insider ( U . K .).
His professional career commenced in 1995 when he served as an audit supervisor and a senior management consultant with Ernst & Young in the Southeastern European region . In 2000 , he moved to the Bank of Cyprus Group and took the post of chief financial officer of the General Insurance of Cyprus for over a decade . He then took the post of manager for the Organization of the Bank ’ s Overseas Operations until 2013 when he was appointed as legal representative and head of the Bank of Cyprus ’ operations in Greece .
Sven Stumbauer , CAMS New York , NY , USA
Sven Stumbauer is the managing director at AlixPartners . In this role he leads AlixPartners ’ global anti-money laundering ( AML ) and sanctions practice , serving clients across North America and Latin America , the Caribbean , Europe and Asia . Stumbauer ’ s industry expertise includes U . S . and international financial institutions , regulatory compliance , fraud issues , AML and Office of Foreign Assets Control ( OFAC ) compliance .
He has a wealth of experience leading complex , high-profile cross-border projects , providing assistance to clients and regulatory bodies in over 40 countries . In particular , he has led major engagements involving AML / OFAC compliance , fraud and corruption investigations , transactional due diligence and compliance training to both financial institutions and regulators throughout the world . Stumbauer has also provided expert guidance to leading financial institutions and their boards of directors on compliance with AML , OFAC regulations , and the Foreign Corrupt Practices Act .
In addition , Stumbauer has hands-on experience providing advisory services around government matters involving Deferred Prosecution Agreements , Cease and Desist Orders and Memorandums of Understanding . He has led numerous matters and / or provided reports to various governmental agencies , such as the U . S . Department of Justice , the Securities and Exchange Commission , the Financial Industry Regulatory Authority , the Federal Reserve , the Office of the Comptroller of the Currency , the Federal Deposit Insurance Corporation , the New York Department of Financial Services and foreign government agencies .
10 ACAMS TODAY | SEPTEMBER – NOVEMBER 2017 | ACAMS . ORG | ACAMSTODAY . ORG