Ralph Fatigate

Biography

Ralph Fatigate is a Managing Director with Alvarez & Marsal Financial Industry Regulatory Advisory Services in New York, with more than 25 years of regulatory and financial investigative experience. He recently served as a principal at a regional audit and advisory firm. Prior to that, he was a managing director and practice leader for an international accounting and consulting firm, overseeing anti-money laundering (AML) compliance and remediation, regulatory compliance, financial technology, 1414 tax remediation and mortgage fraud investigations. Mr. Fatigate is the former Director of Financial Crimes and Investigations at the New York State Banking Department and has extensive experience working with foreign financial institutions and foreign banking regulators. He was responsible for the AML / BSA examination process for all state-regulated financial institutions, which included more than 90 percent of the foreign financial institutions in the U.S. During his tenure at the NYS Banking Department, he coordinated a number of international financial investigations, along with the Financial Services Authority (FSA) and law enforcement authorities in London. While conducting money laundering or financial fraud investigations in the U.K. and Europe, he was stationed in London. He also served as the interim Co-Director of the Frauds Investigation Division at the NYS Insurance Department and is the former Police Commissioner for the City of Mount Vernon. Soon after September 11, 2001, he worked with federal law enforcement officials in Washington, D.C., and assisted in the development of a data mining system that would identify those who were financially supporting terrorist related activities. He is credited with coordinating and managing some of the large money laundering investigations in the U.S. He has worked with local, state and federal prosecutors and assisted in the prosecution of several entities and individuals suspected of laundering funds. Mr. Fatigate has spoken at numerous professional conferences and has provided training for domestic and international groups. He also worked alongside the FDIC, OCC and various state regulatory agencies on money laundering, fraud and industry standards issues. His expertise includes developing training guides for the Bank Secrecy Act and U.S. Patriot Act reviews. In addition, he has provided opinion testimony for Grand Jury proceedings on banking policies and procedures. Mr. Fatigate earned a bachelor’s degree in finance and risk management from the State University of New York, as well as a professional certificate in banking law from Fordham Law School.

Research Interest

Ralph Fatigate  has 25+ years of regulatory and financial investigative experience and he is well expertise in anti-money laundering compliance and remediation, regulatory compliance, financial technology, 1414 tax remediation and mortgage fraud investigations Extensive experience working with foreign financial institutions and banking regulators