Professional Bio

John P. Carey
John P. Carey
Senior Managing Director

John Carey, Senior Managing Director and Service Area Executive with Treliant, is an accomplished banking executive and attorney with a broad mix of business, regulatory, legal, corporate governance, compliance, and management experience in major consumer financial services companies, at a national law firm, and in government service. He is particularly strong in addressing and solving external and regulatory challenges, including enforcement actions and investigations. He also has extensive experience in board governance, having served on numerous bank, community, and non-profit boards.

John recently retired from a 10-year career at Citigroup, where in his last role he served as Member of the Executive Committee and Managing Director at Citi Holdings, the entity within the firm that is responsible for the disposition of businesses that are no longer core to its strategy. He oversaw the legal, compliance, and control issues for the consumer businesses slated for sale or liquidation in South America. Concurrently, he served as Chairman of the Board of Banamex USA (BUSA), a state-chartered institution and Citi subsidiary bank located in Los Angeles, CA.

Further, John was Head of Governance, Regulatory, and External Affairs for Citi’s global consumer bank, where he led the development of effective controls and the oversight of external, regulatory, and operational risks affecting the business. He also managed the interaction among the global consumer businesses and the legal, regulatory, compliance, control, legislative, community relations, and communications functions at Citi. In addition, he served as Chief Administrative Officer (CAO) of Citi North America Consumer Banking and as CAO of Citi Cards.

Prior to joining Citi in 2006, John had a 9-year career at MBNA America and Bank of America, where he managed segments of the credit card business and also covered legal and regulatory matters. Before joining MBNA, he was appointed General Counsel to the Federal Emergency Management Agency. He also served in the Clinton White House as Chief Counsel to the Office of Presidential Personnel, managing the legal team that vetted candidates for presidential appointments. Prior to joining the Clinton Administration, John practiced law as a litigator for Paul, Hastings, Janofsky & Walker in Washington, DC. He began his legal career as Law Clerk to the Honorable June L. Green, US District Court for the District of Columbia.

In addition to his Chairmanship at BUSA, John’s board oversight experience includes serving as Chairman of the Board of Directors for Citibank (South Dakota) NA, Citi’s credit card bank (a $140 billion institution), and as a Member of the Board of Directors of Department Stores National Bank. He currently serves as Chairman of the Board of Trustees of South Kent School and as a Member of the Board of Clarifi in Philadelphia. In 2009, the Board of Governors of the Federal Reserve appointed John to its Consumer Advisory Council, advising the Board on the exercise of its responsibilities under the Consumer Credit Protection Act.

During John’s career, he has led remediation work associated with numerous regulatory enforcement actions relating to the Bank Secrecy Act and Anti-Money Laundering (BSA/AML), compliance, consumer protection, and safety and soundness.

John is a graduate of Georgetown College and Georgetown University Law Center in Washington, DC. He is admitted to the practice of law in New York and the District of Columbia.

Areas of Specialization
News and Articles
  • Anti-Money Laundering (AML)
  • Corporate Governance
  • Ethics Programs
  • Litigation Support
  • Regulatory Relations
  • Retail Sales Incentive Practices
  • Strategic Planning
  • UDAAP Readiness