The Financial Crimes Enforcement Network (FinCEN), a unit of US Treasury, which is tasked with collecting and analyzing information on financial transactions in order to combat domestic and international financial crimes recently revealed the creation and appointment of its First Digital Innovation Officer.
As per the statement released by the federal organization, it has on-boarded Mr. Michael Mosier to serve in the roles of deputy director and its first digital innovation officer.
In his new role as first digital innovation officer for the organization, Michael will be responsible for advancing FinCEN’s engagement with emerging technology and financial innovation and is also expected to oversee FinCEN’s wide range of activities which are aimed at protecting the financial integrity and national security of the United States in his role as deputy director.
It should be noted that this is not his first rodeo with FinCEN given his past tenure with the organization as its Chief of Strategic Advancement earlier in his career. Prior to his return to the federal organization, he served as Chief Technical Counsel at Chainalysis – a firm which provides analytics, investigation, and compliance services for the cryptocurrency sector.
Some of his other notable roles from earlier in his career include – Associate Director at Treasury’s Office of Foreign Assets Control (OFAC), Deputy Chief In the Department of Justice’s Money Laundering & Asset Recovery Section and as Director for Transnational Organized Crime at White House National Security Council for a brief period of time. He began his role as a member of the public service division as a prosecutor with the Manhattan District Attorney’s office prior to which he served as an adjunct law professor at Georgetown University Law Center.
In his new role as Deputy Director, Mr. Mosier will be succeeding Mr. Jamal El-Hindi who now moves on to Department of Treasury where he will be serving in the role of Interim Chief Data Officer (CDO), using his experience from FinCEN to help lead the division while complying with the department’s vision & design while also focusing development of agency-wide data and information management strategies.
Commenting on Michael Mosier’s appointment, Kenneth A Blanco – Director of FinCEN said, “I am thrilled to have Michael assume this central role on our leadership team. He brings a range of public and private sector experience that will help FinCEN proactively engage with industry and government partners to confront emerging threats and to capitalize on diverse opportunities in the financial and national security spaces. Michael is the right person, with the right skills, at exactly the right time”.