Megan Payne
About Megan Payne
Megan Payne serves as the Senior Vice President of the BSA and OFAC Program Office at City National Bank, bringing extensive experience in financial crimes compliance from her previous roles at Bank of America and MUFG.
Work at City National Bank
Megan Payne has been serving as the Senior Vice President of the BSA and OFAC Program Office at City National Bank since 2022. In this role, she is responsible for overseeing compliance with the Bank Secrecy Act (BSA) and the Office of Foreign Assets Control (OFAC) regulations. Her expertise in financial crimes compliance contributes to the bank's adherence to regulatory requirements and the management of associated risks.
Education and Expertise
Megan Payne earned her Doctor of Law (J.D.) degree from St. John's University School of Law, where she studied from 2003 to 2007. Prior to that, she completed her Bachelor of Arts (BA) in English Language and Literature at St. John's University from 1999 to 2003. Her educational background provides a strong foundation for her extensive career in financial crimes compliance and regulatory management.
Background in Financial Crimes Compliance
Megan Payne has held multiple roles in financial crimes compliance throughout her career. She worked at Bank of America in various capacities, including Vice President of Global Financial Crimes and Senior Audit Supervisor. Additionally, she served as the Enterprise Financial Crimes Manager at U.S. Bank, where she led a team responsible for developing financial crimes policies and managing regulatory changes.
Professional Experience at MUFG
Since 2019, Megan Payne has been employed at MUFG as a Director. In this position, she serves as the primary Anti-Money Laundering (AML) subject matter expert for the Internal Audit division focused on the Americas Financial Crimes & Compliance. Her role involves ensuring that the organization maintains compliance with AML regulations and effectively manages financial crime risks.
Career Progression and Previous Roles
Megan Payne's career includes significant positions at various financial institutions. She began her career as a financial crimes investigator at HSBC and later held roles at Merrill Lynch and Bank of America. Her experience spans over a decade in financial crimes compliance, regulatory exam management, and governance, showcasing her depth of knowledge in the field.