Cassidy Fahey is a director in K2 Integrity’s Financial Crimes Risk Management practice, where he specializes in anti-money laundering (AML) and global sanctions compliance. At K2 Integrity, he assists financial institution clients with AML transaction monitoring and sanctions screening reviews, regulatory mandated independent monitorships, compliance program model validations, independent testing, and historical transaction reviews. Cassidy works with international clients and regulatory bodies facing regulatory compliance matters pertaining to international payments; leads teams investigating transaction monitoring alerts and cases; drafts internal policies, procedures, and guidelines; and assists in managing extensive multiyear historical transaction reviews. He also works with virtual asset service providers (VASPs), stablecoin issuers, and other virtual asset clients to assess the risks of their products and recommend compliance strategies and tools to offset those risks.
Prior to joining K2 Integrity, Cassidy worked as a junior BSA analyst at 1st Constitution Bank in its Bank Secrecy Act (BSA) compliance department. While there, he monitored multiple daily OFAC reports, international ACH transactions (IATs), customer identification program (CIP) onboarding, monetary instruments, collateral loan activity, and large currency transactions; provided documentation and reports as required for audits; and filed currency transaction reports (CTRs) on a daily basis. In addition, he was responsible for clearing wire and branch-level OFAC alerts on a real-time basis. Cassidy is adept at utilizing case-management systems such as Fiserv’s Financial Crime Risk Management (FCRM) platform and onboarding systems such as Onboard Advisor in conjunction with tools such as Lexis Nexis to research relevant entities and individuals.
Prior to his time at 1st Constitution Bank, Cassidy interned at Dentsu America, where he researched client competitor’s products and advertising strategies and wrote competitive reviews and briefs for clients.
Cassidy has a B.A. in economics from Rutgers University and is a Certified Money Laundering Specialist (CAMS).