Ronald Schmidt, Former IRS BSA Group Supervisor, Joins Dowling Advisory Group

PASADENA, Calif., May 20, 2025 /PRNewswire/ -- The Dowling Advisory Group ("DAG"), a leading consulting firm specializing in Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) compliance services, proudly announces that Ronald (Ron) Schmidt has joined the firm.

Ron brings over three decades of federal regulatory experience, including more than 20 years with the Internal Revenue Service (IRS) Bank Secrecy Act Program. Most recently, he served as a Group Manager overseeing high-risk BSA compliance examinations in Las Vegas and Southern California. His expertise spans a broad range of entities covered under the BSA, including casinos, card clubs, large Money Services Businesses (MSBs), and virtual currency kiosk operators.

Ron began his IRS career in 1991 as a Revenue Agent, auditing small and mid-sized businesses before transitioning to BSA compliance in 2003. He was among the first IRS examiners to focus on casino and card club BSA compliance and played a key role in developing the agency's casino examination program. Throughout his tenure, Ron specialized in evaluating AML program adequacy, analyzing transactional data, and assessing compliance with CTR, SAR, and recordkeeping requirements.

"I chose to join the Dowling Advisory Group because of their outstanding reputation and deep expertise in the BSA/AML field," said Ron. "I'm excited to be part of a team that shares my commitment to quality and integrity in compliance work."

Jim Dowling, President of DAG, added, "We are thrilled that Ron is joining our team of experienced experts. Ron's experience will only further the quality of the advice we offer to all of our clients."

Ron is a Certified Public Accountant and has collaborated extensively with agencies including FinCEN, IRS-CI, HSI, DEA, DOJ, and state gaming regulators. He is also a seasoned presenter, having spoken at events hosted by the American Gaming Association, ACAMS regional chapters, and other industry forums.

At DAG, Ron will leverage his significant regulatory experience to help financial institutions and other covered entities strengthen their AML programs and meet their BSA compliance obligations.

About Dowling Advisory Group
The Dowling Advisory Group provides expert advisory, investigative, and compliance services in the areas of Anti-Money Laundering, Bank Secrecy Act compliance, and financial crime risk management. For more information, visit www.dowlingadvisorygroup.com.

SOURCE Dowling Advisory Group