Three members of Kearny Bank’s Compliance/BSA (Bank Secrecy Act) team were recently promoted in recognition of their ongoing, individual efforts, the financial institution announced Sept. 28.
The Compliance/BSA team helps maintain Kearny Bank’s full compliance with all applicable laws and regulations, including government initiatives to combat money laundering and other nefarious activities.
Ken Helmrich, a West Milford resident based at the bank’s Van Houten Avenue branch in Clifton, is now 1st vice president, BSA/OFAC (Office of Foreign Assets Control) officer. He manages the bank’s BSA/AML (Anti-Money Laundering) and OFAC compliance programs, reporting directly to John Dunne, Kearny Bank’s executive vice president/chief risk officer.
Garfield resident Silvia Merino-Topley is now 2nd vice president/senior compliance officer, also based at the bank’s Van Houten Avenue branch. She reports directly to Kearny Bank Senior Vice President/Chief Compliance and CRA (Community Reinvestment Act) Officer Nancy Malinconico and focuses on bringing outsourced compliance reviews in house, while building Kearny Bank’s Lending Compliance Review Program.
Now 2nd vice president/senior compliance officer, Yvonne Louro of Neptune focuses primarily on ensuring loan and deposit compliance with federal, state, and local regulations. Working in the Oakhurst branch, she, like Merino-Topley, reports to Malinconico.
“The members of our Compliance / BSA team provide a crucial service in safeguarding the bank’s overall reputation and integrity,” says Kearny Bank Executive Vice President/Chief Risk Officer John Dunne. “Through these promotions, we’re pleased to recognize Ken, Silvia, and Yvonne’s various contributions.”