Richard McDermott

Richard McDermott is a seasoned professional in compliance and sanctions management with extensive experience across multiple financial institutions. Currently serving as Global Sanctions Program Director at AmTrust Financial Services, Inc. since April 2021, McDermott has effectively leveraged expertise in OFAC sanctions and compliance oversight in previous roles, including VP - Compliance & Control Analyst IV at KeyBank and Vice President - OFAC Sanctions Compliance Operations Manager at First Niagara Bank. Additional experience includes a Compliance Specialist role at M&T Bank, where responsibilities encompassed OFAC compliance monitoring, and other positions at Fleet Bank and Empire of America FSB, focusing on collections and loan services. McDermott holds a Bachelor of Science Degree in Marketing from Canisius University.