Traffiking and Slavery. Follow the Money. Such an important addition to the investigation and interruption of crimes that are conservatively put at costing over 150 Billion dollars a year. Karim Rajwani, B.A, F.C.A. C.P.A. ACAMS talks to me of his extensive history in several settings helping combat these scourges on our communities. We discuss the growth of these crimes as well as strategies adopted to support law enforcement. We talk about the huge need for more training, awareness raising accross the world. So much known yet so much to do including practical ideas that everyone can help with–such as challenging your own financial providers-banks, insurance companies etc – to say what training their staff has had in methods to shine a light on traffikers, slavery in all its forms and child exploitation. Currently he is an independent Financial Crimes Consultant advising financial instructions, consulting firms and FinTech’s and is also on several NGOs/NPOs advisory boards focused on fighting human trafficking and child sexual exploitation.

He was the SVP, Chief Operating Officer at Scotiabank, leading the bank’s Financial Crime remediation activities including transaction monitoring and screening. Mr. Rajwani also had global responsibility for AML Threat Intelligence, as well as the Strategic Planning, Project Management Office and the AML Solution Delivery.

Prior to that was he was the Global Head of Financial Crime Investigations and Intelligence, the Global Head of Financial Crime Technology Strategy, and the Money Laundering Reporting Officer at Deutsche Bank. In this role he was also responsible for the AML remediation program in response to regulatory actions as well as major client investigations.

He was also the Chief Anti-Money Laundering lead for the RBC Financial Group (RBC), where he oversaw the design, implementation and the day-to-day management of the Anti Money Laundering, Sanctions, Anti Bribery and Corruption and High-Risk Client Management) Programs for more than 15 years. In addition, he was responsible for the AML Compliance, Investigations and Data Science teams globally.

He also has significant experience in financial crime technology, managing artificial intelligence/data science teams as well as developing strategies for tacking human trafficking and child sexual exploitation, including leading a number public-private partnership. He continues to advise Fintech as well as NGOs/NPOs. He is a Board Member/Advisory Board Member for various NGOs and Hospitals.

In addition to his risk management experience, Mr. Rajwani is a Chartered Accountant both in Canada as well as the UK and has worked for various Financial Institutions, Chartered Accounting and Management Consulting firms.  In these roles, he has overseen the implementation of several enterprise-wide risk management and compliance initiatives and in total 40 years of risk management, compliance, audit, and financial accounting experience.

Mr. Rajwani was also a member of the Advisory Council on National Security for the Office of the Prime Minister of Canada between 2009 and 2012. He created and the Co-Chaired the Canadian Chapter of the Association of Certified Anti Money Specialists (ACAMS) and was a member of the Advisory Board of ACAMS. Currently on the advisory boards of Rahab’s Daughters and the Anti Human Trafficking Intelligence Initiative, he is also a lecturer and international speaker including at the UN, training law enforcement, ACAMs as well as University Masters Programs.
David is on the International Advisory Panel of the GISW

Facebooktwitterpinterestlinkedinby feather