Amber Devolk

Amber Devolk is a distinguished Chief Compliance Officer with over 18 years of experience in compliance, risk management, and corporate legal matters across a variety of sectors including fintech, banking, telecommunications, and entertainment. As Zil Money’s Chief Compliance Officer (CCO) and BSA Officer, Amber plays a pivotal role in shaping the regulatory strategy and ensuring compliance across all of Zil Money’s banking and financial services. Known for her strategic thinking, adept regulatory navigation, and award-winning customer service, Amber’s leadership helps Zilmoney maintain its reputation as a trusted, zero-fee banking platform for small and medium-sized enterprises (SMEs).

Amber’s background spans working with startups, private lenders, and large public corporations, making her uniquely equipped to lead Zil Money’s compliance efforts. Her deep expertise in building and managing Compliance Management Systems (CMS) and her proactive approach to mitigating compliance risks are instrumental in ensuring that Zil Money remains fully compliant with ever-changing financial regulations while scaling rapidly.

Key Achievements:

• Built a Robust Compliance Infrastructure: At Zil Money, Amber is implementing a compliance management framework that aligns with federal and state regulations, including Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Consumer Financial Protection Bureau (CFPB) guidelines.
• Leadership in Regulatory Compliance: Responsible for developing policies and governance structures that ensure Zil Money stays ahead of regulatory changes, providing timely responses to audits and regulatory examinations. Her efforts have enabled Zil Money to maintain its license with key regulatory bodies while continuing its rapid growth.
• Strategic Partnerships: Fostering strategic relationships with third-party vendors, banks, and fintech partners, ensuring compliance across various collaborative initiatives. Her work in managing these relationships has allowed Zil Money to integrate innovative financial services seamlessly while maintaining regulatory integrity.
• Built Scalable Compliance Models: Amber is leading the implementation of Zil Money’s scalable compliance solutions, particularly tailored for its growing SME customer base. She is responsible for ensuring that Zil Money’s compliance systems can adapt as the platform expands into new regions and markets