Director of BSA/AML Services

    Mr. Hovis leads SCS’ BSA/AML practice area and is responsible for the delivery of the firm’s BSA/AML audit, model validation, and consulting services. He has over 13 years of experience in BSA/AML compliance and fraud management. Prior to joining SCS, he was the Vice President – BSA Officer at Salem Five Cents Savings Bank, a community bank located north of Boston and a Senior Anti-Money Laundering Analyst at Sovereign Bank, a large regional bank (later acquired by Santander Bank). He has subject matter expertise and experience in anti-money laundering monitoring systems including Verafin, FCRM, YellowHammer, BAM+, Patriot Officer, SAS, and FIS Prime, BSA/AML best practices, lookbacks and remediation, and managing the BSA/AML aspects of high risk products/services such as payment processors, cryptocurrency, and cannabis-related banking.

    Matt earned a M.S. in Economic Crime Management from Utica College and a B.S. in Criminal Justice from the University of Massachusetts – Lowell. He is a Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE), and a Certified Payments Professional (CPP). In addition, he previously served as an Executive Board Member for the Greater Boston Chapter of the Association of Certified Anti-Money Laundering Specialists (ACAMS) and is the Co-Founder of the New England Bank Secrecy Act Workgroup (NEBW), a community bank-based networking group for BSA professionals.

    Contact Advisor