SOURCE: The Alacer Group

The Alacer Group

September 09, 2013 08:00 ET

Alacer Group Adds Financial Industry Veteran Bryan Seale to Anti-Money Laundering and Risk Compliance Consultant Team

Seale Augments Alacer's Experience in AML, Six Sigma/LEAN and Compliance for Financial Institutions

BELLEVUE, WA--(Marketwired - Sep 9, 2013) -  The Alacer Group, dedicated to helping business leaders accelerate performance, quality, productivity and profitability, today announced the addition of Bryan Seale to its financial compliance and Anti-Money Laundering (AML) team. Seale has more than 12 years of consumer and commercial banking experience in risk management, process improvements, compliance and AML strategies, most recently through his position as leader of the business operations team for Bank of America Corp.

"We're continuing to see a surge of interest in tightening banking processes in AML, Know Your Customer and other due diligences, particularly as financial compliance officers are hard-pressed to stay current with regulatory changes," said Richard Paxton, CEO, The Alacer Group. "Bryan brings strengths in these and many other areas to our team, including a proven ability to drive strategic change through the application of Hoshin Kanri and Kaizen principles."

During his last 12 years at Bank of America Corp., Seale steered the bank through tremendous changes in its consumer compliance operations. He defined and managed risk metrics and scorecards, and established controls that mitigated areas of key compliance. He also served as an AML strategy executive in the commercial bank and global treasury services, where he improved data quality and responsiveness to regulatory agencies.

Prior to Bank of America, he was the director of professional services at Spaceworks Inc. and instituted Six Sigma quality programs and productivity initiatives at General Electric Co. He holds a Master Black Belt in Six Sigma/LEAN processes and earned a Bachelor of Science degree in business administration from the University of Phoenix.

Addressing AML with Alacer:
In many financial institutions, the AML department is struggling due to increased regulatory reviews and the corresponding organizational fines levied for non-compliance. These factors are catalysts for working with The Alacer Group to address any inefficiencies head on, optimizing processes that enable increased capacity for handling incremental volume without materially increasing expenses.

About The Alacer Group:
Headquartered in Bellevue, WA, with offices in New York and Dallas, The Alacer Group is a business consulting firm focused on four practice areas: big data, technology, finance and healthcare. Offering expert consultants around the globe, Alacer works with companies to resolve their needs quickly and smartly, resulting in positive outcomes. For more information, please visit the website at www.alacergroup.com or find us on LinkedIn.

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