Peapack-Gladstone Bank Bolsters Risk Management with Michael Guarino Appointment

Peapack-Gladstone Bank, a New Jersey-based financial institution, has strengthened its risk management capabilities with the hiring of Michael Anthony Guarino, Esq., CRCM, as Senior Vice President. Guarino's extensive experience in regulatory risk assessment, compliance management, and fraud investigation will significantly enhance the bank's risk management strategy.

Guarino's appointment aligns with the bank's recent expansion into New York City, where he will be primarily responsible for addressing legal issues arising from the new office. His expertise in regulatory risk assessment and compliance management will help Peapack-Gladstone navigate the complex regulatory landscape of the new market, ensuring the bank remains compliant with evolving financial regulations.


Guarino's background in fraud and AML investigations will contribute to the bank's efforts in detecting and preventing financial crimes. His ability to identify and mitigate risks associated with fraudulent activities will be invaluable in maintaining the bank's integrity and protecting its clients' interests.


In addition to his experience in regulatory compliance and fraud investigation, Guarino's expertise in vendor management and contract review will contribute to enhancing the bank's operational efficiency. His ability to assess and manage risks associated with third-party relationships will help Peapack-Gladstone maintain a strong risk management culture and ensure regulatory compliance.

Guarino's knowledge of international law and multilingual abilities (Spanish, Italian) will also be beneficial to the bank's global expansion or cross-border operations. His ability to navigate complex international legal environments and communicate effectively with diverse stakeholders will be crucial in supporting the bank's strategic growth initiatives.

In conclusion, Michael Anthony Guarino, Esq., CRCM's appointment as Senior Vice President at Peapack-Gladstone Bank is a strategic move that will significantly enhance the bank's risk management capabilities. His extensive experience in regulatory risk assessment, compliance management, fraud investigation, and vendor management will be invaluable in supporting the bank's long-term goals of maintaining a strong risk management culture and ensuring regulatory compliance.