James H. Freis Jr.
James H. Freis, Jr. has pursued a career dedicated to promoting the integrity of the global financial markets, building unique new capabilities grounded in good governance, driven by data, and informed by an international perspective.
Mr Freis's career as an attorney began at the Federal Reserve Bank of New York. He served from 1999 to 2005 at the Bank for International Settlements (BIS) in Basel, Switzerland, supporting the harmonisation of international financial standards and the investment of central bank monetary reserves; returned to the United States to work at the Treasury Department; and also was in private practice at Cleary Gottlieb Steen & Hamilton advising global financial institutions. From 2007 to 2012, Mr. Freis was Director (CEO) of the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN), the lead U.S. Government official for anti-money laundering and counter-terrorist financing requirements, and head of the country's financial intelligence unit (FIU). From 2014 through 2020 he was Managing Director, Chief Compliance Officer, and Group Anti-Money Laundering Officer for the Deutsche Börse Group in Frankfurt, Germany, responsible for overseeing regulatory requirements and engaging with financial supervisors for Group entities on a global basis for this provider of financial market infrastructures.
Most recently, he was asked to join Wirecard in June 2020 to professionalize the company and oversee its global regulated businesses in a newly created management board role responsible for "Integrity, Legal & Compliance". Within his first day, he exposed internal fraud, was promoted to CEO, and then initiated a global restructuring.
Mr Freis is a graduate of Georgetown University, earned his Juris Doctor from Harvard University, and is a Chartered Financial Analyst (CFA) charterholder.