Karim Rajwani, B.A, C.A. C.P.A. ACAMS
Senior VP, Chief Operating Officer at Scotiabank
Karim Rajwani is currently the SVP, Chief Operating Officer at Scotiabank, leading the bank’s transaction monitoring, client risk rating and screening, solution delivery remediation. In addition, he is also responsible for the global AML rules, artificial Intelligence, Machine Learning, and Threat Monitoring programs. Karim has also global responsibility for the AML Enterprise Project Management and Solution.
Karim Rajwani was previously the AML Advisor at various technology and advanced analytics firms and prior to that was the Global Head of Financial Crime investigations and Intelligence, the Global Head of Financial Crime Technology Strategy, and the UK Money Laundering Reporting Officer at Deutsche Bank.
Karim was the Chief Anti-Money Laundering 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 Compliance Programs for more than 15 years. In addition, he was responsible for the RBC’s AML Compliance and Financial Intelligence and data science teams globally.
Karim has almost 40 years of risk management, compliance, and financial accounting experience. Karim was also a member of the Advisory Council on National Security for the Office of the Prime Minister of Canada between 2009 and 2012, the Co-Chair of the Canadian Chapter of the Association of Certified Anti Money Specialists (ACAMS), and is a member of the Advisory Board of ACAMS.
In addition to his risk management experience, Karim 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 a number of enterprise-wide risk management and compliance initiatives.