Scott Grow
Compliance & BSA Consultant at Key Compliance Group
Scott is a highly experienced compliance professional in the banking industry with extensive experience overseeing regulatory compliance, BSA/AML programs, and consumer-protection frameworks for fintech/bank partnerships. Scott is a Certified Regulatory Compliance Manager (CRCM) and earned a Masters of Science in Jurisprudence with a concentration in financial services compliance. His subject matter expertise includes Compliance Management Systems (CMS), fintech sponsorship and third-party lending, BSA/AML programs, consumer protection laws, risk assessment processes, and regulatory exam management.
In addition to his compliance leadership, Scott is a recognized speaker and educator on payment stablecoins, blockchain, and digital assets. He has presented to banking executives, regulators, and compliance professionals on the risks and opportunities these technologies pose for financial institutions. Scott is the chair of the Stablecoin Institute, an educational platform through Compliance Alliance and the Bankers Institute. Scott combines a deep understanding of traditional bank regulation with forward-looking expertise in digital finance, making him a trusted resource for banks navigating the evolving intersection of compliance, innovation, and technology.
All Sessions by Scott Grow
Due Diligence on Stablecoin Partners
With the GENIUS Act now law and payment stablecoins entering banking operations, regulators expect institutions to apply the same vendor oversight rigor to stablecoin partners that they apply to any critical third party. This 60-minute session provides a practical, regulator-aligned framework for conducting due diligence on stablecoin service providers — from issuers and custodians to blockchain infrastructure providers and on-chain analytics firms. Built around the five-stage Interagency TPRM lifecycle, the presentation walks attendees through planning, due diligence, contract negotiation, ongoing monitoring, and termination with stablecoin-specific overlays at every stage. No prior blockchain expertise is required. The core thesis is straightforward: stablecoin risk is familiar risk in a new wrapper, and the framework your institution already uses is the right starting point. Every attendee will receive a companion due diligence toolkit containing five standalone documents available for download and ready for immediate institutional use. - Due Diligence Checklist - provides over 145 items across 26 risk categories, organized by lifecycle stage and partner type, with acceptance criteria and regulatory rationale for each. - Risk Quantification Scorecard - is an interactive worksheet for scoring inherent risk, control effectiveness, and residual risk with auto-generated board reporting narratives. - Examiner Narrative Templates - offer five fill-in-the-blank documents covering risk appetite statements, lifecycle compliance memos, stablecoin-specific risk evaluations, GENIUS Act alignment, and ongoing monitoring summaries. - Board Reporting Template - provides a quarterly dashboard format with risk indicators, monitoring checklists, remediation tracking, and attestation sign-off. - Executive Summary Handout - distills the entire framework into a two-page reference for senior leadership, covering what banks must do, what examiners will expect, and what differentiates stablecoin due diligence from traditional vendor oversight.
