Jack Thomas | Financial Services Compliance and Regulation

Jack Thomas is a Director in the Financial Services Compliance and Regulation practice, based in Philadelphia. Jack leverages more than 30 years of experience in assisting financial services companies with regulatory compliance, fiduciary risk management, effective governance and internal controls programs.

Prior to joining Kroll, Jack served as Senior Vice President and Managing Director in the Institutional Asset Management Group at a large financial services firm. He developed the non-U.S. client onboarding model in accordance with regulatory expectations, which included significant anti-money laundering (AML) requirements. Jack also served as an Internal Audit Director at the firm and was responsible for coordinating audit coverage of the Asset Management Group, comprising the chief investment office, private bank, personal wealth management, trust operations and institutional asset management areas.

Jack also served in various audit, risk and compliance roles in the legacy companies of an international financial services organization, including as Chief Risk & Compliance Officer for the Institutional Asset Management Division and Managing Director and Chief Compliance Officer for the family of Collective Investment Funds (Funds). He implemented an enhanced governance and oversight framework for the Funds, resulting in an internal control environment that aligned with industry best practices. Jack also implemented the initial program to review non-U.S. investment securities against global economic sanctions programs, including the U.S. Office of Foreign Assets Control (OFAC) requirements. Finally, he developed the initial compliance oversight program for the group responsible for submitting regular securities holdings reports to international exchanges, issuers and regulators.

Jack holds a B.A. in accounting from Grove City College. He is a Certified Public Accountant (CPA), a Chartered Global Management Accountant (CGMA), a Certified Internal Auditor (CIA) and a Certified Financial Services Auditor (CFSA)

Jack is an Advisory Board Member of CHROME Federal Credit Union, and he has served on various nonprofit boards and advisory committees. He is a member of the American Institute of Certified Public Accountants (AICPA), Fiduciary & Investment Risk Management Association (FIRMA), Institute of Internal Auditors (IIA) and Pennsylvania Institute of Certified Public Accountants (PICPA).



Financial Services Compliance and Regulation

End-to-end governance, advisory and monitorship solutions to detect, mitigate, drive efficiencies and remediate operational, legal, compliance and regulatory risk.

Regulatory Advisory and Assurance Services

Within our Regulatory Advisory and Assurance Services, we assist financial services firms in a range of engagements across our suite of subject matter expertise.