Professional Summary
Professional Overview
Ali Moghaddam is an accomplished Chief Risk Officer (CRO) with extensive experience in banking, compliance, and financial crime prevention. As the CRO at City National Bank of Florida, he is responsible for overseeing the bank's risk management strategies, ensuring regulatory compliance, and mitigating potential threats to the organization.
Experience Summary
Current Role
As the Chief Risk Officer at City National Bank of Florida, Ali Moghaddam is responsible for developing and implementing comprehensive risk management frameworks to identify, assess, and mitigate a wide range of risks, including credit, market, operational, and compliance risks. He works closely with the executive team to establish risk appetite, monitor key risk indicators, and ensure the bank's adherence to regulatory requirements. Under his leadership, the bank has strengthened its risk management practices, improving overall organizational resilience.
Career Progression
Prior to his current role, Ali Moghaddam held several senior positions in the banking and financial services industry. He served as the Senior Vice President and BSA & OFAC Officer at City National Bank, where he led the bank's efforts to combat financial crimes and strengthen its anti-money laundering (AML) and sanctions compliance programs. Before that, he was the Director and Head of Investigations for AML/Financial Crime, Compliance, and Operational Risk Control at UBS, where he played a pivotal role in enhancing the firm's risk management strategies.
Earlier in his career, Ali Moghaddam served as a Special Agent and Relief Supervisor at the Federal Bureau of Investigation (FBI), where he was part of the High Value Target Team and the Counterterrorism Division's Joint Terrorism Task Force. In this capacity, he gained valuable experience in complex investigations, intelligence gathering, and risk mitigation. Additionally, he worked as an Assistant District Attorney at the Montgomery County District Attorney's Office, where he honed his legal expertise and understanding of regulatory frameworks.
Academic Background
Ali Moghaddam holds a Juris Doctor (J.D.) degree from a reputable law school, providing him with a strong foundation in legal principles and regulatory compliance. His academic achievements and specialized training have equipped him with the knowledge and skills necessary to effectively navigate the complex regulatory landscape in the banking and financial services industry.
Areas of Expertise
- Risk management and mitigation strategies
- Anti-money laundering (AML) and sanctions compliance
- Financial crime prevention and investigations
- Regulatory compliance and reporting
- Operational risk management
- Strategic planning and risk-based decision making
- Collaboration and stakeholder management
Professional Impact
Under Ali Moghaddam's leadership, City National Bank of Florida has enhanced its risk management capabilities, resulting in improved regulatory compliance, reduced operational losses, and increased organizational resilience. He has spearheaded initiatives to streamline risk-related processes, strengthen internal controls, and foster a strong risk-aware culture within the bank. His expertise and proactive approach have contributed to the bank's ability to navigate complex regulatory landscapes and adapt to evolving industry challenges.
Conclusion
With a diverse background in banking, compliance, and law enforcement, Ali Moghaddam is a seasoned risk management professional. As the Chief Risk Officer at City National Bank of Florida, he is committed to driving sustainable growth and ensuring the bank's long-term viability through effective risk management strategies. His leadership, technical expertise, and collaborative approach make him a valuable asset to the organization and the banking industry as a whole.
