Jessica Nichele
About Jessica Nichele
Jessica Nichele serves as the VP and Deputy BSA Officer at TowneBank, bringing extensive experience in financial crimes compliance and a strong background in training and development. She has held various roles in the banking sector, including positions at KeyBank, First Niagara Bank, and Capital One, and holds an M.B.A from Medaille College.
Work at TowneBank
Jessica Nichele serves as the Vice President and Deputy BSA Officer at TowneBank, a position she has held since 2021. In this role, she focuses on compliance with the Bank Secrecy Act (BSA) and anti-money laundering (AML) regulations. Her responsibilities include overseeing financial crime detection systems and ensuring that the bank adheres to regulatory requirements. Nichele's expertise in optimizing alert thresholds for these systems contributes to the effectiveness of the bank's compliance efforts.
Education and Expertise
Jessica Nichele holds an M.B.A from Medaille College, which complements her extensive experience in financial crimes compliance. She also earned a B.A. in Art History from the State University of New York College at Buffalo and an A.S. in Music from Niagara County Community College. Her educational background supports her expertise in optimizing financial crime detection systems and conducting OFAC reviews to ensure compliance with international sanctions.
Background in Financial Compliance
Nichele has a robust background in financial compliance, having worked in various roles across multiple financial institutions. She began her career at Rite Aid as a cashier before transitioning to banking. Her positions included Operations Supervisor and Head Teller at KeyBank, and several compliance-focused roles at First Niagara Bank, including SIU AML Senior Compliance Analyst and FIU AML Compliance Analyst. She also served as a Senior Consultant at Treliant Risk Advisors and an Audit Manager at Capital One.
Achievements in Financial Crime Detection
Throughout her career, Jessica Nichele has demonstrated a strong commitment to training and development within the financial crimes compliance sector. Her experience includes investigating and reporting suspicious activities, which is critical for maintaining the integrity of financial institutions. Nichele's work has involved optimizing alert thresholds and conducting compliance reviews, contributing to the overall effectiveness of the financial crime detection systems in which she has been involved.