Maher Shaheed

Associate Managing Director

New York

Maher Shaheed is an associate managing director with K2 Integrity’s Financial Crimes Risk Management practice, with over 20 years of experience in the financial services industry. Maher collaborates with large multinational financial institutions to comply with regulatory consent orders issued by the Federal Deposit Insurance Corporation (FDIC), the New York State Department of Financial Services (NYS DFS), and the Office of the Comptroller of the Currency (OCC), focusing on transaction monitoring lookbacks. She leads these lookbacks for correspondent banks, retail banks, and retail banks offering banking as a service to FinTechs. She implements investigation policies and procedures, recruits and trains resources, conducts quality assurance reviews, and manages projects. Additionally, Maher assists clients in designing and delivering risk assessments, resolving regulatory issues, and revising policies and procedures. Her efforts significantly improve compliance and operational efficiency for her clients.

Before joining K2 Integrity, Maher was a team manager and centralized case reviewer at JPMorgan Chase. She reviewed and approved cases, suspicious activity reports (SARs), and escalations for investigation teams across global financial crimes and compliance sites. Maher also conducted in-depth quality assurance reviews on SARs before submission to the Financial Crimes Enforcement Network (FinCEN) and addressed regulatory Office of Foreign Assets Control (OFAC) compliance issues.

Prior to her AML role, Maher worked in retail banking in various positions at TD Canada Trust, JPMorgan Chase Bank, N.A., and Wells Fargo Bank, N.A., ensuring compliance with Bank Secrecy Act (BSA)/AML and OFAC policies and procedures. Her leadership in these roles resulted in improved branch compliance and operational standards.

Maher received a B.S. (Hons.) in labor studies from York University in Toronto, Canada.

Representative Matters

Assisted a multinational financial institution in the assessment of anti-money laundering (AML) and sanctions risks and the development of an internal control framework to enhance the overall control environment. Maher assisted with the evaluation of the current risk assessment processes and methodology, made recommendations to enhance the process, and implemented an effective and sustainable solution.
Assisted with managing a historical transactional review (lookback) for a multinational institution as part of a New York State Department of Financial Services (NYDFS) consent order. Maher assisted in the training of approximately 85 investigators, managed workload assignments, and conducted quality assurance of cases being escalated for suspicious activity reports (SARs) and of SARs being filed. Additionally, she assisted in managing the transaction monitoring team and the SAR team.
Co-led a project for a multinational bank with the clearing of its AML transaction monitoring alerts. Maher documented alert reviews in accordance with bank’s protocols; completed quality assurance of alerts, as well as handling more sensitive investigations involving reviewing potential SARs; provided status reports to the bank; and assisted in the management of the project team.