mark ambrose - bio

With 30+ years in capital markets, banking and mortgage lending, Mark brings to The AML Shop and its clients, operational solutions that challenge AML/ATF, Fraud, FATCA/CRS, and Privacy regulatory compliance issues.

Having held Chief Anti-Money Laundering Officer (CAMLO) and Chief Compliance Officer (CCO) roles in Canada and internationally, Mark’s significant enterprise experience helps financial institution clients (including credit unions), capital markets businesses, securities businesses, and mortgage lending businesses (including servicers and private mortgage lenders), comprehensively and holistically manage regulatory compliance risk.

During his 5+ years in Canada, Mark has helped several financial institutions negotiate difficult FINTRAC examinations, FINTRAC voluntary self-disclosures of non-compliance (VSDONC), and has devised, directed, and managed their associated regulatory compliance remediation projects. Mark also has significant experience with the management of high-risk clients, in particular cannabis-related businesses and money service businesses (MSBs). Additionally, he has assisted several financial institutions define, develop, and operationalize enterprise-wide policies, processes, and procedures to provide confidence to banking and regulators.

In addition to both an undergraduate degree in banking and finance and post-graduate qualifications in applied finance, Mark also holds the following designations: Certified Anti-Money Laundering Specialist (CAMS), Certified Global Sanctions Specialist (CGSS), Certified Information Privacy Professional Canada (CIPP/C) and Certified Information Privacy Manager (CIPM). 

Mark is presently working towards completing the Chief Compliance Officers Qualifying Examination (“CCO”) through the Canadian Securities Institute.