Ms. Richards has over thirty years of regulatory and consulting experience and currently advises clients on the development and implementation of effective compliance risk management systems. She regularly serves as a compliance consultant in communications with regulatory authorities, including the Federal Reserve and the Office of the Comptroller of the Currency. As a consultant, Ms. Richards has written or overseen the creation or enhancement of both anti-money laundering and general regulatory compliance-related program frameworks, policies, procedures, methodologies, standards, and reporting to satisfy regulatory expectations and to meet business needs.

Earlier in her career, Ms. Richards worked in the Division of Banking Supervision and Regulation of the Board of Governors of the Federal Reserve System. During her tenure at the Federal Reserve, she implemented the Federal Reserve’s plan for the supervision of the U.S. operations of foreign banks under the Foreign Bank Supervision Enhancement Act (“FBSEA”), supervised the foreign operations of U.S. banks, and developed risk assessments and executed supervisory plans for large complex global banking organizations. She was the principal staff member supporting the Federal Reserve System’s committee governing the supervision of large complex banking organizations operating in the United States. In addition, she served as an advisor to Chairman Greenspan for the implementation of the Emergency Steel Loan Guarantee Program. Before joining the Federal Reserve, Ms. Richards was a Vice President in commercial lending at The Bank of New York.

Ms. Richards received her B.A. from Wellesley College.