New recruit to focus on AML compliance

Compliance Refinery chief executive Steven Burgess says Rachel Terry has taken up a position with the company after recently returning to New Zealand.

Terry has more than 15 years of experience working in financial services, primarily big banks in London and Singapore.

She has more than 10 years of derivative operations experience and her previous role covered anti-money laundering, countering the financing of terrorism and client due diligence at Bank of America Merrill Lynch. 

Burgess says her skillset offers a strong understanding of navigating AML/CFT regulatory and audit landscapes for all client types across the Asia-Pacific region.

"We have brought Rachel on to be part of our AML team that has grown fast in a short period of time.

"She has some great experience overseas and is bringing that back to New Zealand."

Burgess says a new office manager will soon be joining the team.

Terry's appointment follows on from another high profile Compliance Refinery recruit in Melanie Purdey, who joined the company in July.