Elizabeth Kay | Business Intelligence and Investigations | New York

Elizabeth M.


Associate Managing Director

Elizabeth Kay is an associate managing director in the Forensic Investigations and Intelligence practice, based in the New York office. She has over 30 years of experience in banking, anti-money laundering (AML), sanctions, securities, derivative and fiduciary compliance, and conduct risk.

Prior to joining Kroll, Elizabeth held senior compliance, audit, finance, and project management positions at prominent financial services organizations, including Commerzbank AG, Royal Bank of Scotland, American Express, the Depository Trust & Clearing Corporation, Lehman Brothers, Citigroup, and KPMG. 

Elizabeth’s assignments have included remediating and testing controls in second and third line of defense roles at financial institutions operating under public and non-public enforcement actions.  She has designed and implemented second line of defense testing programs, including developing and implementing policies and procedures, establishing, and executing against an annual testing plan, and reporting and escalating plan progress and issue status to senior management and various governance forums. She has executed AML, sanctions, anti-bribery and corruption, conduct, and fraud risk assessments associated with banking, securities, and derivative regulations. At a global bank holding company, Elizabeth was responsible for audit committee reporting and the financial reporting operations of specialized industry groups within the corporate bank. 

Elizabeth has experience working with federal, state, and European government agencies, including FRB, OCC, SEC, FINRA, NFA, NYDFS, Connecticut Department of Banking, European Central Bank and BaFin.

Elizabeth received a B.S. in accounting with distinction from Marywood University. She has obtained the following certifications/licenses: Certified Anti-Money Laundering Specialist (CAMS), Certified Fiduciary and Investment Risk Specialist (CFIRS), Certified Public Accountant (CPA) and FINRA Series 7 and Series 68.  

Forensic Investigations and Intelligence

The Kroll Investigations, Diligence and Compliance team are experts in forensic investigations and intelligence, delivering actionable data and insights that help clients worldwide make critical decisions and mitigate risk.