MARC COCOROCCHIO
Toronto
Summary
Experienced Governance, Risk & Compliance (GRC) and Financial Crime leader with over 20 years in developing and implementing risk and compliance frameworks. Expertise in AML/ATF, sanctions, anti-bribery and corruption, and regulatory change management. Skilled in translating regulatory requirements into actionable solutions and enhancing governance maturity, control effectiveness, and regulatory confidence across organizations.
Overview
21
21
years of professional experience
Work History
Director, Regulatory Risk and Advisory Services
KPMG, LLP
Toronto
06.2025 - Current
- Lead complex, multi‑disciplinary advisory and assurance engagements spanning internal audit, compliance, third‑party risk, sustainability, and operational risk, supporting clients through regulatory scrutiny and transformation initiatives.
- Developed and implemented enterprise-wide GRC frameworks that enhanced control effectiveness, clarified accountability across Three Lines of Defense, and facilitated proactive risk-based decision-making.
- Advised C-suite executives and senior risk leaders on enterprise risk exposures, governance structures, and control environments, enhancing sustainable risk reduction and regulatory resilience.
Senior Manager, Financial Crime, Financial Advisory Practice
Deloitte LLP
Toronto
06.2024 - 05.2025
- Partnered with executive leadership at large domestic and global financial institutions to strengthen financial crime governance and remediate regulatory gaps, resulting in modernized AML operating models.
- Directed enterprise AML and financial crime transformation initiatives, embedding risk‑based controls across people, processes, and technology to enhance operational efficiency and achieve better regulatory outcomes.
- Led high‑impact advisory engagements supporting regulatory exams, issue remediation, and sustainable compliance programs, reducing repeat findings and enhancing regulator confidence.
- Provided strategic oversight to multidisciplinary teams, ensuring delivery quality, stakeholder alignment, and timely executive‑ready reporting.
Senior Manager, Financial Industry Regulatory Risk Advisory Practice
Deloitte LLP
Toronto
06.2022 - 06.2024
- Advised financial services organizations on enterprise regulatory risk, governance design, and operational resilience, enabling executives to make informed risk decisions.
- Led and scaled cross‑border teams across Canada and the U.S., delivering regulatory risk and control advisory services for complex, highly regulated environments.
- Facilitated executive-level discussions with senior stakeholders, delivering insights on regulatory expectations, control gaps, and effective remediation strategies.
- Mentored senior consultants and managers, fostering a culture of accountability and high performance through targeted people development initiatives.
Manager, Financial Services Industry Risk Advisory Practice
Deloitte LLP
Toronto
06.2021 - 06.2022
- Oversaw testing engagements for major financial institutions in Canada and the U.S., identifying and addressing high-risk control deficiencies.
- Developed standardized testing frameworks, RACI models, and operating procedures, reinforcing governance and minimizing execution risk across large portfolios.
- Designed and operationalized Control Testing Centers of Excellence across 1LoD and 2LoD, enhancing risk coverage and ensuring consistent control testing.
Compliance Manager, Compliance Testing
Capital One, Canada Branch
Toronto
06.2019 - 05.2021
- Led enterprise second‑line compliance testing programs covering AML/ATF, anti‑corruption, privacy, CASL, and OSFI expectations.
- Delivered data‑driven insights to senior leadership, facilitating remediation prioritization and improving regulatory engagement.
- Enhanced third‑party oversight and first‑line control effectiveness, identifying emerging risks and regulatory gaps.
Principal Compliance Associate, Compliance Testing
Capital One, Canada Branch
Toronto
01.2019 - 06.2019
- Developed forward‑looking compliance evaluation framework integrating testing, audits, regulatory reviews, and industry intelligence to proactively identify and address emerging risks.
- Designed and implemented Canada‑specific third‑party control review program aligned with OSFI B‑10 to enhance regulatory compliance.
- Ensured compliance with regulatory requirements and internal policies.
- Reviewed documentation for accuracy and completeness.
- Assisted in conducting compliance training for staff.
Financial Crimes Risk Management Consultant, Governance, Standards & Training
Wells Fargo Bank N.A., Canada Branch
Toronto
01.2018 - 01.2019
- Spearheaded AML Politically Exposed Persons (PEPs) remediation project to ensure compliance with 2016 PCMLTFA amendments, strengthening risk management practices.
- Revamped key components of Americas Financial Crimes Risk Management (FCRM) program, including AML & sanctions inherent risk assessment framework, regulatory-compliant training program, and governance process for procedural documentation to enhance compliance and operational effectiveness.
- Evaluated risk management frameworks for compliance with regulatory standards.
- Developed risk assessment reports for senior management review.
- Facilitated training sessions on risk mitigation strategies for staff.
Financial Crimes Risk Management Consultant
Wells Fargo Bank N.A., Canada Branch
Toronto
07.2017 - 12.2017
- Modernized key components of Americas Financial Crimes Risk Management (FCRM) program, enhancing AML & sanctions risk assessments and governance processes to strengthen overall compliance.
- Led high‑profile PEP remediation initiative, ensuring compliance with PCMLTFA amendments and reducing regulatory exposure.
- Analyzed risk exposure for financial products and services across diverse portfolios.
- Developed risk mitigation strategies to enhance compliance and regulatory standards.
- Collaborated with stakeholders to identify potential risks in banking operations.
Earlier Career
Home Trust Company | TD Bank Group
Toronto
09.2005 - 07.2017
- Held progressive leadership roles in retail banking, wealth, RESL, AML advisory, and compliance functions, establishing expertise in front-line operations, investigations, and regulatory compliance.
- Executed daily operational tasks with precision in a retail banking environment.
- Contributed innovative ideas and solutions to enhance team performance and outcomes.
- Worked successfully with diverse group of coworkers to accomplish goals and address issues related to our products and services.
Education
Certificate - Regulatory Compliance & Legal Risk Management for Financial Institutions
Osgoode Professional Development
01-2020
Certified Information Privacy Professional, Canada (CIPP/C) -
IAPP
01-2020
Certified Financial Crime Specialist (CFCS) -
ACFS
01-2019
Certified Anti-Money Laundering Specialist (CAMS) -
ACAMS
01-2017
Bachelor of Commerce (BCom) - General Management
York University
01-2010
Advanced Diploma - Human Resources Management
Seneca College
01-2004
Skills
- Governance, risk and compliance (GRC)
- Financial crime risk management (FCRM)
- Regulatory compliance management (RCM)
- Operational risk management (ORM)
- Third-party risk management (TPRM)
- Data protection and security
- Privacy and data governance
- Risk and control self-assessment (RCSA)
- Risk control matrix (RCM)
- Inherent risk assessment (IRA)
- Executive and board reporting
- Internal controls and testing
- Three lines of defense
- OSFI guidelines (B-10, E-13, E-21, E-23)
Core Leadership And Technical Expertise
- Enterprise Governance, Risk & Compliance
- Financial Crime Risk Management (AML/ATF, Sanctions, ABC)
- Regulatory Risk & Change Management (OSFI, PCMLTFA, PIPEDA)
- Internal Controls, RCSA, Inherent Risk Assessments (IRA)
- Three Lines of Defense (1LoD, 2LoD, 3LoD) Design & Optimization
- Executive & Board Reporting
- Large-Scale Program Leadership & People Development
- Privacy, Data Protection & Data Governance
- Third-Party Risk Management (TPRM, OSFI B-10)
- Compliance Testing, QA/QC, DEA/OEA Programs
Timeline
Director, Regulatory Risk and Advisory Services
KPMG, LLP
06.2025 - Current
Senior Manager, Financial Crime, Financial Advisory Practice
Deloitte LLP
06.2024 - 05.2025
Senior Manager, Financial Industry Regulatory Risk Advisory Practice
Deloitte LLP
06.2022 - 06.2024
Manager, Financial Services Industry Risk Advisory Practice
Deloitte LLP
06.2021 - 06.2022
Compliance Manager, Compliance Testing
Capital One, Canada Branch
06.2019 - 05.2021
Principal Compliance Associate, Compliance Testing
Capital One, Canada Branch
01.2019 - 06.2019
Financial Crimes Risk Management Consultant, Governance, Standards & Training
Wells Fargo Bank N.A., Canada Branch
01.2018 - 01.2019
Financial Crimes Risk Management Consultant
Wells Fargo Bank N.A., Canada Branch
07.2017 - 12.2017
Earlier Career
Home Trust Company | TD Bank Group
09.2005 - 07.2017
Certificate - Regulatory Compliance & Legal Risk Management for Financial Institutions
Osgoode Professional Development
Certified Information Privacy Professional, Canada (CIPP/C) -
IAPP
Certified Financial Crime Specialist (CFCS) -
ACFS
Certified Anti-Money Laundering Specialist (CAMS) -
ACAMS
Bachelor of Commerce (BCom) - General Management
York University
Advanced Diploma - Human Resources Management
Seneca College