Jeff Fischer

In this conversation, Jeff Fischer, Director at AML RightSource and expert in financial crime advisory, shares insights on transforming risk assessments into strategic tools for financial institutions. He discusses the importance of customizing assessments for different stakeholders, highlighting how tailored communication can enhance decision-making. Jeff emphasizes a holistic approach to risk management, connecting fraud detection with BSA/AML regulations. He also underlines the need for a consistent methodology and documentation to improve business intelligence.

In this conversation, Jeff Fischer, Director in the Financial Crimes Advisory Group at AML RightSource, shares his insights on modernizing risk assessment practices in financial institutions. He emphasizes the integration of fraud and AML considerations and the importance of adapting to regulatory changes. Jeff highlights the value of collaboration and proactive methodologies, leveraging technology for dynamic assessments. He also discusses how early risk assessments can enhance product development and the role of automation in streamlining compliance, ultimately improving risk management strategies.