Evolve Bank & Trust Names Nicholas M. Pawelk as New BSA Officer

Nicholas M. Pawelk ● Photo Credit: Evolve Bank & Trust via Newswire

MEMPHIS, Tenn., March 11, 2024 (VSNewsNetwork.com) - Evolve Bank & Trust, a technology focused financial services organization and Banking-as-a-Service (“BaaS”) provider, has officially announced the appointment of Nicholas M. Pawelk as its Bank Secrecy Act (BSA) Officer. Pawelk brings over two decades of experience in risk, regulatory compliance, and operations across various financial institutions to his new role at Evolve.

Scott Stafford, President and CEO of Evolve, highlighted the significance of Pawelk's appointment in a company press release, stating, “Nick’s background and knowledge of regulatory compliance within the financial industry brings value not only to Evolve, but to our fintech partners and, most importantly, the consumers. We look forward to the extensive leadership and vast experience Nick will add to the team.”

According to the company, Pawelk's career has been marked by significant achievements in risk and compliance management, including his tenure as Senior Manager, Financial Services Advisory at Ernst & Young. His efforts have notably transformed risk management programs and integrated advanced technologies such as AI into compliance processes, establishing him as a leader in the field.

On his new role, Pawelk expressed his enthusiasm and commitment, saying, “Embracing the intersection of innovation and compliance, I am excited to lead Evolve’s commitment to the highest standards of compliance practices and financial integrity. I am committed to navigating the dynamic landscape of fintech, ensuring a secure and compliant environment for our clients.”

Pawelk holds a Juris Doctorate from the University of Connecticut School of Law and a Bachelor of Science from Quinnipiac University. His appointment is part of Evolve's continued efforts to enhance its compliance team and uphold the highest standards of regulatory compliance and financial integrity.

For more information about Evolve Bank & Trust and its services, visit www.getevolved.com.

Source: Evolve Bank & Trust via Newswire