Laura Almeda is the Vice President and BSA/OFAC Officer at WSFS Bank. WSFS Bank is the oldest and largest locally managed bank and trust company headquartered in Wilmington, Delaware with over $12 billion in assets. Laura is responsible for developing, implementing and administering all aspects of the Banks BSA, AML, and OFAC programs.

Laura and her team work closely with various lines of business to ensure BSA, AML and OFAC risks are adequately mitigated, including obtaining enhanced due diligence information, working to resolve concerns with potentially suspicious activity, and managing the balance between risk and sales.

Shortly after receiving her bachelor’s degree in business administration, Laura began her career at WSFS Bank as an Internal Auditor in 2009 completing various SOX and Compliance Audits. She transitioned to BSA Compliance in 2014 focusing on high risk customers and suspicious activity monitoring and reporting. Laura received her certification as an Anti-Money Laundering Specialist (CAMS) in 2016 and was appointed as the Banks’ BSA/OFAC Officer in 2019.