Provident Bank, an Iselin-based financial institution, announced Monday it has named Sheila Leary its new senior vice president, Bank Secrecy Act/Anti-Money Laundering compliance director.
Leary will be the bank’s designated BSA/AML and Office of Foreign Asset Control compliance officer, responsible for compliance oversight with the Bank Secrecy Act and anti-money laundering rules as well as OFAC regulations.
“We are pleased to add Sheila to our team. She brings extensive knowledge and experience to this key priority area for the bank,” John Kuntz, senior executive vice president, chief administrative officer, said. “Her expertise addressing anti-money laundering compliance and regulatory matters, as well as her significant contacts within law enforcement, will greatly enhance our ability to focus on additional regulatory requirements as the bank continues to grow,” added Kuntz.
Prior to Provident, Leary was first senior vice president, AML/BSA compliance director, BSA office and OFAC officer with Valley National Bank. She also served as senior counsel with the Bank of New York. She’s also served in a variety of key roles in the legal profession, including assistant district attorney in Brooklyn and trial counsel with a private law firm.
