Alison Tower, JD, MBA, Crcm
About Alison Tower, JD, MBA, Crcm
Alison Tower, JD, MBA, CRCM, serves as the VP Compliance & CRA Officer at Hometown Financial Group, MHC, where she has worked since 2021. With over a decade of experience in risk management and compliance, she specializes in developing solutions for financial institutions.
Work at Hometown Financial Group
Alison Tower currently serves as the Vice President of Compliance and Community Reinvestment Act (CRA) Officer at Hometown Financial Group, MHC. She has held this position since 2021, contributing to the organization for three years. Prior to this role, she worked as the Assistant Vice President of Compliance and CRA Officer at the same institution from 2019 to 2021, where she was responsible for ensuring compliance with regulatory requirements and promoting community investment initiatives.
Education and Expertise
Alison Tower has a strong educational background that combines law and business. She earned a Juris Doctor (J.D.) from Western New England University School of Law, specializing in Real Estate and Estate Planning, from 2009 to 2012. She furthered her education with a Master of Business Administration (M.B.A.) from the Isenberg School of Management at UMass Amherst, focusing on Finance and Financial Management Services, from 2015 to 2018. Additionally, she studied at the New England School of Financial Studies from 2016 to 2017, enhancing her expertise in financial compliance.
Background
Alison Tower has over a decade of experience in risk management and compliance within the financial sector. Her career includes various roles at bankESB, where she served as a Compliance Specialist and CRA Officer from 2015 to 2019. Her experience encompasses designing and implementing enterprise-friendly compliance solutions, which are critical for financial institutions. She also practiced law as an attorney at the Law Office of Alison L. McCoy from 2012 to 2015, providing her with a comprehensive understanding of legal frameworks in finance.
Achievements
Throughout her career, Alison Tower has specialized in creating preventive and detective controls for financial institutions. Her dual background in law and business allows her to effectively interface with key business areas to develop consumer-conscious solutions. This expertise has been instrumental in her roles at Hometown Financial Group and bankESB, where she has contributed to enhancing compliance frameworks and community investment strategies.