Steven Bock is a Managing Director and Global Head of Operations for the Compliance Risk and Diligence practice of Kroll, a division of Duff & Phelps, based in the New York office. Steve manages Compliance operations and research teams worldwide to deliver globally consistent due diligence solutions of the highest quality. Steve joined the Compliance practice in August 2014 in the newly created position of Vice President, Business Operations & Process Excellence. His accomplishments include leading the implementation of an overall quality program, performance-based metrics, and an automated case assignment process.
Prior to Kroll, Steve had a successful 17-year career at Goldman Sachs, where he held a variety of senior roles spanning the disciplines of business intelligence, anti-money laundering compliance, process control, and crisis management. He served as Vice President and Business Continuity Coordinator, Vice President and Crisis Management Coordinator, and Vice President for Global Compliance, in which he was tasked with building the firm’s global anti-money laundering (AML) program. Prior to that, he was Vice President for the Business Intelligence Group, where he developed the firm’s AML risk guidelines and overall process for regulatory reporting.
Earlier in his career, Steve worked at Automatic Data Processing (ADP), where he was Vice President Data Processing, Investor Communications Services in the company’s Brokerage Services Division. Steve also spent five years with the U.S. Army Corps of Engineers, retiring at the rank of Captain.
- Led Goldman Sachs’ global “Know Your Customer” program to include customer identification program, referential list screening, and external vendor due diligence screening for over 300,000 client and client relationships.
- Built Goldman Sachs’ compliance team and program from inception to a team of 25 compliance professionals and 30 technologists. This included leading the design and implementation of the firm’s global AML surveillance system.
- Led Goldman Sachs’ Investment Management Division through a firm-wide enhancement program to comply with U.S. Federal Reserve requirements.
- Successfully led division (U.S. East Coast offices) through impact and aftermath of Hurricane Sandy; all fiduciary responsibilities and client deliverables met without issue or impact.
- Managed risk reviews, from both a business continuity and information security perspective, for high-risk third party vendors.
Education and Certification
- B.S., United States Military Academy, West Point
- Compliance Programs
- Know Your Customer (KYC) and Anti-money Laundering (AML) Programs
- Third Party and Vendor Screening
- Foreign Corrupt Practices Act (FCPA) and Anti-Bribery Compliance
- Due Diligence
- Crisis Management
- Business Continuity
- Business Process Improvement