Theresa Baker-smith

Biography

Theresa Baker-Smith is a Senior Director with Alvarez & Marsal Financial Industry Advisory Services in Houston. She specializes in Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) management within the financial services industry. With more than 30 years of banking experience, Ms. Baker-Smith has held senior management positions in internal audit, corporate compliance and corporate investigations / due diligence. Her previous experience at Sky Financial Group includes the implementation of the Corporate Investigations & Due Diligence team, the role of Director of Corporate Compliance and more than 10 years in internal audit, including the role of Director for five years. She has worked directly with executive management, boards of directors and regulatory examiners.Prior to joining A&M, Ms. Baker-Smith served as Senior Vice President, Director of BSA/AML Compliance with TD Bank near Portland, Maine. She managed the personnel and resources of the AML, BSA, Customer Identification Program (CIP), enhanced due diligence (EDD) and Office of Foreign Assets Control (OFAC) teams. She was responsible for the oversight of the BSA / AML programs for affiliates including TD Bank, N.A., TD Bank USA, N.A., TD Wealth Management Services, Inc. and TD Insurance. Her key accomplishments included the implementation of SAS transaction monitoring software and the development of the AML Department and Line of Business Quality Control Program. Ms. Baker-Smith earned a bachelor’s degree in accounting and marketing from Clarion University of Pennsylvania. She is a Certified Public Accountant (CPA), Certified Anti-Money Laundering Specialist (CAMS) and Certified Fraud Examiner (CFE). She is a member of the Association of Certified Anti-Money Laundering Specialists (ACAMS), Association of Certified Fraud Examiners (ACFE), American Institute of CPAs (AICPA), Ohio Society of Certified Public Accountants (OSCPA) and a former member of the Pittsburgh and New England chapters of the International Association of Financial Crimes Investigators (IAFCI). Ms. Baker-Smith has been a speaker for a number of professional organizations, an instructor for the Western Pennsylvania FBI Academy and provided expert testimony for grand jury and federal cases regarding bank policy and practices. She completed the Penn State University Executive Management Program and the BAI National Compliance School.

Research Interest

She has 30+ years of financial industry experience related to compliance, internal audit and corporate investigations and expertise in Bank Secrecy Act (BSA) and Anti-Money Laundering compliance and regulation.Extensive experience with BSA program remediation and process improvement