Scott Nathan

Global Head of Innovation for AML and Risk, State Street Corporation

Scott has over twenty years of banking and financial crimes risk management experience as a BSA Officer, strategy consultant, intelligence analyst, risk manager, and commercial banker. He is currently the Head of Innovation for AML and Risk at State Street Corporation where Scott and his team are developing a transformational AML monitoring platform to protect more than $2.7 trillion in assets under management. Tapping into the next generation of technology, Scott is reframing the paradigm of compliance; deriving intelligence from data to support State Street’s clients and protect the global economy from abuse.

Prior to State Street, Scott partnered with Accenture to develop a leading Financial Intelligence Utility leveraging new technology, the power of the Amazon (AWS) cloud, and a community of participating financial institutions to reduce the cost of compliance, strengthen relationships with regulatory agencies and better support the end-user community (including intelligence and law enforcement) to protect national security.

Prior to Accenture, Scott was the EVP, BSA Officer at the new BankUnited responsible for the development of a state-of-the-art Enterprise Risk Management program from a BSA/AML perspective in support of one of the fastest growing balance sheets in the nation. As the Director of Financial Crimes Risk Management, Scott sponsored a series of BSA projects from transaction monitoring to enhanced due diligence while developing and staffing a scalable BSA/AML program protecting enterprise bank functions including subsidiary operations. 

Prior to BankUnited, Scott was a Senior Manager with Deloitte specializing in the field of Financial Intelligence including Anti Money Laundering and Terrorist Financing Prevention. He was tasked with helping clients in both the public and private sectors "follow the money" to detect threats, mitigate risk, and protect national security. On the commercial side, he assisted financial institutions manage regulatory requirements via the strategic implementation of monitoring and surveillance programs. Scott also assisted clients with the mitigation of relationship and credit risk through the unique integration of financial, transactional, and situational customer analysis. Prior to Deloitte, Scott was an AML Risk & Compliance Manager for Bank of America’s Financial Intelligence Unit.