AML RightSource Announces Move to New Office Space to Support Expansion and Growth
To support company growth, AML RightSource has signed a lease to move its headquarters in Cleveland, OH. With over 1,700 employees, AML RightSource is the leading firm solely focused on Anti-Money Laundering (AML)/Bank Secrecy Act (BSA) and financial crimes compliance solutions. The 43,000 square foot space comprised of the 2nd and 3rd floors in the AECOM Building will accommodate up to 350 – 375 employees. The location will be home to employees providing client services and to the company’s corporate and administrative staff.
As part of the move to the new offices, AML RightSource expects to add up to 273 new jobs in the metropolitan Cleveland area by the end of 2024, bringing its headcount in the area to approximately 900. The Ohio Development Services Agency is supporting the project with a job creation tax credit. AML RightSource also worked closely with JobsOhio, Team NEO, the City of Cleveland and the Village of Highland Hills on the expansion project.
“As we continue to grow both in North America and beyond, we remain committed to our Ohio roots. This opportunity to create new headquarters and client services spaces in downtown Cleveland reinforces our belief that industry-leading service starts at home,” noted Frank Ewing, CEO; “In the past seven years we have brought more than 750 employees to the Cleveland area, we are pleased to continue to expand our presence in this fine city,” Mr. Ewing added.
“AML RightSource is a home-grown, cutting-edge financial services firm that established its operations in Ohio and chose to continue to grow and thrive here,” said J.P. Nauseef, JobsOhio president and CEO. “This expansion in greater Cleveland brings more than 270 high-paying jobs to Ohioans who will play a critical role in protecting AML RightSource’s North American clients from the ever-increasing financial crimes occurring in the U.S. financial system that harm businesses, individuals and national security.”
New Office Location
AECOM Building, 1300 E 9th Street, Cleveland, OH 44114
About AML RightSource LLC
AML RightSource is the leading firm focused on fighting financial crime for its clients with Anti-Money Laundering (AML)/Bank Secrecy Act (BSA) and financial crimes compliance solutions around the world. We provide highly-trained AML/BSA professionals to assist banks and non-bank financial institutions in meeting day-to-day compliance tasks. Services include transaction monitoring, alert backlog management, enhanced due diligence reviews, and financial crimes advisory matters. Our highly trained workforce of more than 1300 analysts and subject matter experts includes the industry’s largest team of full-time compliance professionals. Additionally, AML RightSource provides a broad range of consulting services to assist clients with their critical anti-financial crimes activities. Our tech-enabled solutions realize efficiencies for our clients in supporting customer onboarding, investigations, Enhanced Due Diligence, and Third Party Due Diligence. AML RightSource is headquartered in Cleveland, Ohio. For more information, visit: www.amlrightsource.com.