Carol Beaumier

Carol is a Senior Managing Director in the firm’s Risk and Compliance practice and Global Leader of the firm’s Thought Leadership Program. Prior to joining Protiviti, Carol was a Partner with Arthur Andersen where she led the Global Regulatory Practice; a founding member of The Secura Group and leader of the firm’s Risk Management practice; and a regulator with the Office of the Comptroller of the Currency, a bureau of the U.S. Treasury Department, where she served as Chief of Staff to the Comptroller.

An experienced consultant with more than thirty-five years of experience, Carol has extensive knowledge of numerous risk and regulatory issues affecting the financial services industry and frequently writes about and speaks on these issues. She has worked with clients across the Americas, Europe and the Asia-Pacific region.

For the last several years, Carol has been a regular presenter at the Institute of International Bankers’ BSA/AML/OFAC Training Series. She has also been a lecturer at the Boston University School of Law for which she designed and taught a financial crimes course in the University’s Certificate in Financial Services Compliance program. 

MAJOR PROJECTS

• Assisted numerous financial institutions, domestic and international. with AML and sanctions-related regulatory remediation, including, but not limited to, redesigning risk assessment methodologies and KYC standards, revamping policies and procedures, enhancing transaction monitoring, improving and improving management reporting.
• Performed a comprehensive fraud risk assessment for the U.S. operations of an international financial institution. 
  Served as subject matter expert on the design and implementation of a global sanctions project which included the development of a sanctions risk assessment methodology, sanctions policy and procedures and sanctions training.
• Conducted numerous reviews of sanction compliance program which have included evaluating adherence with OFAC’s Framework for Compliance, the OFAC risk assessment, the selection and configuration of sanctions screening systems, and the processes for adjudicating sanctions alerts.
• Conducted, under the direction of counsel, a lookback investigation of alleged sanctions violations of a US subsidiary of a global financial institution.
• Assisted multiple banking organizations identify applicable US regulatory requirements,, risk assess the requirements and ensure adequate compliance and internal audit monitoring of requirements.
• Participated in and/or served in a quality assurance role on numerous Foreign Corrupt Practices Act (FCPA) projects including risk assessments, program design and implementation, training development, investigations, and audits. These projects were for companies from a variety of industries, including energy, retail, manufacturing, and professional services.
• Advised multiple financial institutions on their US regulatory strategies.
• Have supported numerous internal audit engagements as a regulatory subject matter expert.

Areas of Expertise​​

• Regulatory
• Anti-Money Laundering
• Sanctions Compliance
• Risk Management
• Governance & Ethics
• Fraud Risk Management
• Anti-Bribery and Anti-Corruption Investigations

Industry Expertise

• Financial Services
• Government

Professional Associations

• ACAMS Member
• Institute of International Bankers
• Anti-Human Trafficking Intelligence Initiative, Advisory Board Member
• Association of Certified Sanction Specialists, Chair of the Washington, DC Chapter
• Risky Women Corporate Ringleader

Education

• Bachelor of Arts, Colby College
• Master of Arts (Hon), Colby College