Leaders in Global Risk Management
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FGIS Leadership

Steven Szaroleta   [Download VCard]
Senior Director

Steven Szaroleta is a Senior Director at Freeh Group International Solutions, LLC (“FGIS”) and is based out of Wilmington, Delaware. Steve has over twelve years of experience performing compliance assessments, internal audits, regulatory monitorships, forensic accounting reviews and complex international investigations related to compliance with the U.S. Foreign Corrupt Practices Act (“FCPA”) as well as Bank Secrecy Act / Anti-Money Laundering regulations (“BSA/AML”).

With regard to regulatory experience:

  • Steve has conducted FCPA investigations for global financial institutions related to bribery, corruption, fraud and misconduct. Steve has performed multiple FCPA program reviews of international organizations as well as participated in monitoring teams assessing the compliance programs of a major multinational automobile manufacturing and sales corporation under a deferred prosecution agreement with the United States Department of Justice (“DOJ”).
  • Steve has also worked with a variety of financial institutions, to include banks, casinos, and money service businesses related to all facets of their BSA / AML program and has experience in analyzing the effectiveness of Office of Foreign Asset Control (“OFAC”) screening processes.

He has a deep understanding of regulatory risks as they relate to customers and transactions, geographies and delivery channels, and a variety of products and services. Steve has evaluated control strength and operational effectiveness of various FCPA program requirements such as accounting controls, third party management, reporting mechanisms, transaction audits and training capabilities. Steve has experience drafting and publishing reports for a variety of audiences, including summary risk and control failure findings for regulators and board members. Steve has evaluated various policies and procedures which resulted in partnering with client resources to design and implement enhanced processes supported by plain language procedures which align with the program goals and policies in place. Additionally, Steve is effective in manipulating large sets of data and assessing risks related to customers and transactions through a strong understanding of product and customer specific red flags.

Steve is a Certified Fraud Examiner (“CFE”) and Certified Anti-Money Laundering Specialist (“CAMS”) He has a Bachelor of Science in Accounting degree from Villanova University and a Master of Business Administration degree from the University of Delaware.