Presenter Bio
Jill DeWitt is a Financial Crime Compliance Practice Lead for Moody’s Analytics in the KYC Solutioning division. Before joining Moody’s, she was with JPMorgan Chase for 11 years and held various positions in branch banking, alternative investments, and KYC/AML operations. In her last role at JPMorgan, she managed a global KYC operations team of 40 people, focused on beneficial ownership requirements and the FinCEN CDD Rule. Jill is passionate about Texas A&M and all things college football.
Valerie Cho has 20 years of experience in product development and management, with a focus on forced labor risk assessment solutions in the last three years at Moody's Analytics. Her current work includes AI-driven data collection and supply chain risk management. She holds an MS in Information Systems from Stevens Institute of Technology.
Start Date
9-6-2025 11:00 AM
End Date
9-6-2025 11:30 AM
Abstract
Today’s global market demands that businesses ensure their supply chains are free from human rights violations, especially forced labor. Due to the increasing regulatory, commercial, and reputational stakes, it is crucial to identify and address these risks. However, firms must manage forced labor risks for compliance purposes while navigating a lack of data visibility and compliance complexities. Moody’s and The Rights Lab are leveraging data and technology to assist businesses in identifying and mitigating the risk of forced labor within their supply chains. By utilizing technology for data collection, they can pinpoint risks in three key areas: industry, geography, and business operations. This process generates an overall risk score for each company, vendor, and client, aiding organizations in managing their risks effectively. The forward- looking risk-based approach provides companies with an automated, scalable, and consistent measure of risk, enhancing data sharing with suppliers. Additionally, the past and current event investigation approach allows companies to review historical data, interconnected with other financial, environmental violations, and allegations.
Included in
Business Intelligence Commons, Business Law, Public Responsibility, and Ethics Commons, Operations and Supply Chain Management Commons, Technology and Innovation Commons
Combating Forced Labor: Innovative Data Solutions for Risk Assessments
Today’s global market demands that businesses ensure their supply chains are free from human rights violations, especially forced labor. Due to the increasing regulatory, commercial, and reputational stakes, it is crucial to identify and address these risks. However, firms must manage forced labor risks for compliance purposes while navigating a lack of data visibility and compliance complexities. Moody’s and The Rights Lab are leveraging data and technology to assist businesses in identifying and mitigating the risk of forced labor within their supply chains. By utilizing technology for data collection, they can pinpoint risks in three key areas: industry, geography, and business operations. This process generates an overall risk score for each company, vendor, and client, aiding organizations in managing their risks effectively. The forward- looking risk-based approach provides companies with an automated, scalable, and consistent measure of risk, enhancing data sharing with suppliers. Additionally, the past and current event investigation approach allows companies to review historical data, interconnected with other financial, environmental violations, and allegations.
