Rachel Carolino-Buck CICA, is a Compliance Audit Manager of SRA and specializes in Internal Controls, Internal Audit, Regulatory Compliance, and Enterprise Risk specific to Compliance and Operations. Ms. Buck has over 14 years of banking experience with Internal Audit, Forensic Audit, Fraud Investigation/Special Projects, and Deposit, Lending, Retail, and Physical Security Operations. She has held executive and director offices with Internal Audit, and BSA AML Compliance (Bank Secrecy Act and Anti Money Laundering Compliance) in both small and large financial institutions, ranging in size between $100 Million and $2.5 Billion.
Ms. Buck is a BSA/AML Compliance Subject Matter Expert, proficient in BSA/AML/OFAC Model Validation, and proficient with BSA/AML Compliance functions including: Customer information Program (CIP), Customer Due Diligence (CDD) and Enhanced Due Diligence, Money Service Business (MSB) and non-bank Financial Institutions (NBFI), Currency Transaction Reporting (CTR) and Suspicious Activity Reporting (SAR filing), Funds Transfers, ACH, Electronic Banking, Branch Administration/Operations, Purchase and Sale of Monetary Instruments, OFAC, Third Party Payment Processors, Concentration Accounts, Lending Activities. Her expertise extends to Financial Crime Investigations and Fraud Examinations.
Ms. Buck is also a Certified Internal Controls Auditor and carries extensive experience with Internal Control Framework Design, Implementation, Documentation, Mapping and Assessment (favoring both COSO and SOX Frameworks). Ms. Buck also served as Board Vice President in her career with VBSA (Virginia Bank Security Association).