AML Consulting Services
Specializing in:
- AML model validations
- BSA/AML independent reviews for trust companies
About JTUP Consulting
About our Principal
Jeff Tupper, MBA, CAMS brings over 20 years of anti-money laundering (AML) experience helping financial institutions enhance the performance of their AML systems and strengthen their Bank Secrecy Act programs. He brings a meticulous, independent perspective to every engagement, assessing the adequacy of compliance programs against regulatory requirements and industry best practices. He has extensive experience validating a wide range of AML models—including transaction monitoring systems, customer risk rating models, and sanctions screening tools—ensuring they are conceptually sound, properly implemented, and operating effectively.
AML Model Validations
We provide end-to-end model validation consulting services, including above-the-line and below-the-line threshold testing to assess model performance and rule effectiveness, conceptual soundness reviews to ensure alignment with risk typologies and regulatory frameworks, and data validation testing to ensure that inputs, transformations, and outputs align with intended use and quality standards. With a strong foundation in data analytics, regulatory compliance, and risk modeling, we ensure that AML models meet regulatory expectations, operate effectively, and adapt to evolving financial crime threats. We conduct independent validations of transaction monitoring systems, customer risk scoring models, and name screening tools, ensuring they are conceptually sound, properly implemented, and operating effectively. By leveraging statistical analysis, performance benchmarking, and scenario testing, we identify model weaknesses, data integrity issues, and compliance risks—providing actionable recommendations that drive system improvements and reduce false positives. We have expertise in evaluating and optimizing the following AML systems: Verafin │ Abrigo BAM+ │ Yellow Hammer │ FCRM │ Patriot Officer.
BSA/AML Independent Reviews
With a deep understanding of fiduciary operations and regulatory requirements under the Bank Secrecy Act, we provide objective, comprehensive assessments designed to strengthen anti-money laundering (AML) programs and ensure compliance with federal and state regulations. We work closely with trust companies to evaluate the design and effectiveness of their BSA/AML programs, including customer due diligence (CDD), suspicious activity monitoring, OFAC compliance, and internal controls. We deliver practical, risk-based recommendations tailored to the unique operational structures of trust institutions. We bring an independent perspective to every engagement, helping organizations identify gaps, mitigate risk, and maintain regulatory readiness.