Kay Toscano
About Kay Toscano
Kay Toscano serves as the Senior Vice President and Compliance Officer at Meridian Bank Pa, where she has worked since 2014. With extensive experience in regulatory compliance across various financial institutions, Toscano has held key positions at organizations such as American Bank Systems, Sheshunoff Consulting, and United Bank Limited.
Work at Meridian Bank
Kay Toscano serves as the Senior Vice President and Compliance Officer at Meridian Bank in Malvern, Pennsylvania. In this role since 2014, Toscano is responsible for overseeing the bank's compliance with regulatory requirements. This includes preparing for regulatory compliance examinations and validating responses to previous examinations and internal audits. Toscano also conducts regulation-specific projects and consulting engagements, focusing on recent amendments to various regulations including Regulation E, RESPA, Regulation Z, Flood Insurance, and HMDA.
Previous Experience in Compliance
Before joining Meridian Bank, Kay Toscano held several positions in compliance and risk management. From 2011 to 2014, Toscano worked as the BSA and AML Engagement Manager at Sheshunoff Consulting + Solutions in Austin, Texas. Prior to that, Toscano was the Assistant Vice President and Compliance Specialist and Consultant at American Bank Systems, Inc. from 2008 to 2010 in Oklahoma City, Oklahoma. Toscano's experience also includes roles at Ics Risk Advisors as Compliance Manager and at Harland Financial Solutions as a Senior Training Specialist.
Education and Expertise
Kay Toscano studied at St. Petersburg College, where she focused on Art, and also attended Eckerd College. Toscano has developed expertise in regulatory compliance, specifically in BSA/AML and OFAC risk management. She conducts independent reviews and testing for compliance and develops comprehensive training programs to ensure adherence to regulatory standards. Toscano's educational background supports her extensive experience in the financial services industry.
Background in Risk Management
Kay Toscano has a diverse background in risk management, having worked in various roles across different organizations. Her experience includes serving as Vice President and Senior Risk Manager at United Bank Limited in Karachi, Pakistan, from 2003 to 2005, and as Vice President of Compliance and Risk Management at Coldwell Banker Flagship Office from 2001 to 2003. Toscano's career spans over two decades, during which she has developed a strong foundation in compliance and risk management practices.
Regulatory Compliance Contributions
In her current and previous roles, Kay Toscano has contributed significantly to regulatory compliance efforts. She assists with the preparation for regulatory compliance examinations and develops action plans tailored to specific institutional operations in response to examination violations. Toscano evaluates and documents the regulatory health of financial institutions, reviewing policies and procedures, and providing recommendations for improvement. Her work ensures that institutions maintain compliance with evolving regulations.