Michael E. Yasofsky, Jr. is the Compliance Director at Hemenway Trust Company. Michael oversees the company’s compliance and risk operations, ensuring adherence to regulatory standards. Michael has been appointed as the BSA Officer and also serves as the Deputy General Counsel.

A seasoned compliance leader, Michael has deep experience in regulatory compliance and legal investigations across corporate, government, and financial-tech sectors. His hands-on expertise spans BSA/AML/SAR/OFAC operations, audits, and program management with a focus on mitigating financial-crime risk. He has a strong track record of building robust compliance programs, leading large-scale operations, conducting BSA audits, and managing complex investigations, consistently strengthening compliance frameworks, improving operational efficiency, and cultivating strong regulatory relationships.

In his prior roles, Michael worked for global and regional banks and has provided consulting services to all entity types within the financial services sector, with much of that work focused on remediation of government enforcement actions. Earlier in his career, Michael was a Special Agent in Charge of IRS Criminal Investigation where he conducted and managed complex criminal, civil, and internal ethics investigations, including fraud, white-collar and financial crimes, bribery & corruption, sanctions, and tax violations.

Michael is a Certified Anti-Money Laundering Specialist (CAMS).