Deb Bonosconi is a managing director and a leader of BRG’s Financial Institution Advisory practice, with more than twenty-five years of experience as a financial services practitioner and regulator.

She advises clients on a variety of regulatory, enforcement, and compliance matters, with an emphasis on Bank Secrecy Act (BSA)/anti-money laundering (AML), Office of Foreign Assets Control (OFAC), and risk-focused services. She has conducted numerous reviews of financial institutions’ AML, sanctions, and fraud programs to identify and implement risk-based operational efficiencies to improve quality and effectiveness.

Ms. Bonosconi also has extensive experience assisting clients with diagnostic reviews of AML programs to assess the sufficiency of controls consistent with regulatory requirements of candidate and existing sponsor and correspondent banks, including experience with fintechs, cryptocurrencies, online gaming organizations, and nonbank financial institutions (NBFIs).

Ms. Bonosconi previously served as a director at a global consulting firm, a director for the forensics practice of a Big Four firm, and as director of AML advisory practices at another Big Four firm. She has held AML leadership roles at GE Money, HSBC, eBay/PayPal, and Citigroup.

Ms. Bonosconi was a federal bank examiner for ten years, first at the Office of the Comptroller of the Currency as a compliance examiner, and then in the Federal Reserve Board’s Investigations and Enforcement Section. While employed at the Federal Reserve Board, she also served as a delegate to the Financial Action Task Force (FATF) for two years. She was routinely assigned to the State Department’s Bureau of International Narcotics and Law Enforcement Affairs (INL) on matters related to country risk ratings and assistance with establishment of Financial Intelligence Units in the Caribbean.

Employment History

Promontory Financial Group, LLC, an IBM Company
Director

Citigroup
Global head, Quality Assurance

Ebay/PayPal
Director, Financial Intelligence Unit head

Institutional Banking, HSBC
Director, senior vice president

GE Money
Senior compliance lead

PWC
Director

KPMG Forensics Practice
Director

Federal Reserve Board
Senior special examiner

Office of the Comptroller of the Currency
Associate national bank examiner

Professional Affiliations

Association of Certified Anti-Money Laundering Specialists (“ACAMS”)
Member

ACAMS Washington, DC Chapter
Founding Member

Association of Certified Fraud Specialists
Member

Association of Sanctions Specialists
Member

Credentials

Certified Anti-Money Specialist (“CAMS”)

Areas of Expertise

Education

University of Southern Connecticut
BS,  1984