William Reger
Fairfax
Summary
Knowledgeable [Desired Position] with proven track record of leading organizations to growth and success through strategic planning and innovative problem-solving. Successfully managed diverse teams, driving operational efficiency, and fostering collaborative environments. Demonstrated excellence in financial oversight and stakeholder engagement.
Overview
21
21
years of professional experience
1
1
Certification
Work History
Executive Director Financial Crime Risk Management
Wells Fargo Bank
10.2019 - Current
- Accountable financial crime risk management executive, responsible for advising 1st line Business and Payment Executives on financial crime risk management strategies and program requirements with managing client and payment risk involving financial institutions: Banks and MSBs/FinTechs located in APAC, EMEA (Middle East/UAE), and Americas Region (North America and LATAM).
- Co-Chair Senior Financial Crime Risk Governance Committees responsible for approving financial institutions, remediating clients subject to enforcement actions, high risk payment and client activity involving sanctions and financial crime risk.
- Manage a team responsible for approving customer due diligence memos, clearing negative news alerts, and developing KRI metrics to identify financial trends in SAR, fraud, and others financial crime data to manage client risk.
- Partner with product, operations, network management, legal and financial crime teams optimizing MSB/Payment Intermediary onboarding and due diligence processes.
- Serve as a financial crimes subject matter expert to the business with developing business strategies with providing product and services to payment companies specializing in blockchain and digital assets.
- Lead and support customer and global industry engagements on best practices with managing financial crime risk.
- Supported early ISO conversion discussions with financial crime input on proposed changes.
- Managed a diverse team of professionals, fostering a collaborative work environment for increased productivity.
Director of Financial Crime Compliance and Head of Americas Financial Crime Risk Management (WU Payments)
Western Union Financial Services
10.2017 - 10.2019
- Responsible for managing Americas financial crimes program for WU Commercial Payments and advising sales and operation teams from Canada to Brazil on high-risk partnerships (e.g. correspondent banks and non-bank payment companies) and AML program requirements.
- Supported senior business teams on strategic business projects, new bank/MSB partnerships, and payment expansion in the Americas (Brazil, Mexico, Colombia), EMEA (Austria, UAE, Jordan), and APAC (Philippines, India). Served as an escalation point between internal business, product, and compliance teams to resolve client issues and compliance policy interpretation.
- Managed team of senior managers responsible for executing AML program requirements with onboarding financial institutions, large corporates, and consumers.
- Established compliance priorities based on annual risk assessments, internal audit, and regulatory examinations, and served as liaison with internal compliance teams (AML operations and Sanctions) in meeting compliance priorities.
- Represented the WU Payments AML Compliance program and money transmitter license with State, Federal, and international regulators and worked with internal teams to resolve regulatory and internal audit findings.
- Developed content and delivered compliance training to business and compliance teams on company policies and special compliance topics.
Senior Compliance Manager/Manager/Supervisor
Western Union Business Solutions (WUBS)
10.2009 - 10.2017
- Supported the Regional Vice President for AML Compliance in the Americas Region on regional and global compliance projects to include: collaborating with U.S. and international WU compliance colleagues to develop an international financial institution and payment partnership oversight program. Integrating Custom House and Travelex Global Business Payment acquisitions in Western Union AML Program
- Established and managed offshore operation teams in Lithuania on KYC, Sanctions, and transaction monitoring processes. Provided ongoing training to operation teams in Costa Rica and Philippines.
- Compliance sponsor and business owner with implementing a case management system covering transaction surveillance, sanctions screening using World Check, entity resolution through IBM, and batch filing processes with Canadian Fintrac and US FinCEN.
- Developed transaction and SAR reporting program and managed teams responsible for the identification and reporting of suspicious activity.
AML Team Leader and Compliance Analyst
American Express Travel Related Services (TRS)
01.2006 - 01.2009
AML Compliance Analyst
Western Union Financial Services
01.2004 - 01.2006
Education
Executive Education - Cybersecurity: Managing Risk in the Information Age
Harvard VPAL
Cambridge, MA01.2020
Business Executive Education - Blockchain: Technologies and Application for Business
U.C. Berkeley Hass
Berkeley, CA01.2019
Certificate - FinTech, Future of Commerce
Massachusetts Institute of Technology
Cambridge, MA01.2016
Masters of Business Administration - International
Daniels College of Business, University of Denver
Denver, CO01.2005
Bachelor of Science - Anthropology
Appalachian State University
Boone, NC01.1996
MIT Media Lab
Boston, MA11-2021
Skills
- Executive Communication and Negotiations
- Risk and Control Self Assessment and Project Management
- Data management: Power BI, Excel, Visio, SharePoint, SQL Report Services
- Research: Open sources reviews using Internet sources; and third party sources: RDC, LexisNexis, World-Check, and Elliptic Blockchain Analytics
Certification
Certified Anti-Money Laundering Specialist July 2012 (current)
Timeline
Executive Director Financial Crime Risk Management
Wells Fargo Bank
10.2019 - Current
Director of Financial Crime Compliance and Head of Americas Financial Crime Risk Management (WU Payments)
Western Union Financial Services
10.2017 - 10.2019
Senior Compliance Manager/Manager/Supervisor
Western Union Business Solutions (WUBS)
10.2009 - 10.2017
AML Team Leader and Compliance Analyst
American Express Travel Related Services (TRS)
01.2006 - 01.2009
AML Compliance Analyst
Western Union Financial Services
01.2004 - 01.2006
Business Executive Education - Blockchain: Technologies and Application for Business
U.C. Berkeley Hass
Certificate - FinTech, Future of Commerce
Massachusetts Institute of Technology
Masters of Business Administration - International
Daniels College of Business, University of Denver
Bachelor of Science - Anthropology
Appalachian State University
Executive Education - Cybersecurity: Managing Risk in the Information Age
Harvard VPAL
MIT Media Lab
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