Management Team

David Caruso, Chief Executive Officer

David Caruso is the Chief Executive Officer of Dominion.  David has built AML and sanctions compliance programs and led complex financial crimes investigations for over 15 years. 

David’s extensive experience helping to solve the most notable AML enforcement events of the past decade enables him to advise AML Directors, Chief Compliance Officers, General Counsels, CEOs and Boards of Directors on responding to regulatory and enforcement inquiries.  In addition, he’s brought his experience in optimizing operations and ensuring consistent and sustainable compliance to dozens of mid-size and large banks.

Prior to forming the Dominion Advisory Group, David was the Executive Vice President, Compliance & Security of Riggs Bank N.A. where he was hired to build a regulatory compliance, investigations, and security department in response to the 2003 enforcement actions against Riggs. David led the development and implementation of a BSA/AML program across all consumer, commercial, investment and international business lines. He was also responsible for reporting on the bank’s efforts to resolve its regulatory challenges to senior examination and headquarters staff of the Office of the Comptroller of the Currency, Federal Reserve Bank, the U.K.’s Financial Services Authority, senior Department of Justice officials and the staff of several Congressional committees.

While at Riggs, Mr. Caruso oversaw the two landmark AML investigations involving corruption and money laundering by the dictator of Equatorial Guinea and former Chilean President Augusto Pinochet.

Prior to joining Riggs, Mr. Caruso was a director at two big four accounting firms where he led anti-money laundering compliance and fraud investigations practices. Prior to consulting, Mr. Caruso was the manager of the anti-money laundering and enhanced due diligence group at JP Morgan & Company.

Mr. Caruso began his career as a Special Agent with the U.S. Secret Service where he was assigned to the New York Field Office’s Financial Institution Fraud group. He received his BA from the George Washington University.