Carol Boncelet

Manager Nonprofit Division and Compliance Officer

Carol is Manager of Mallard’s Nonprofit Division. She will be developing new business relationships with local nonprofits and educating them about the benefits of professional financial management. Carol also works on Mallard’s marketing and communications efforts to better inform clients and prospects of Mallard’s capabilities.

As Compliance Officer, Carol assists Mallard’s Chief Compliance Officer (Pam) in ensuring Mallard’s compliance with all regulations. She maintains Mallard’s Compliance Policy Manual, Compliance Procedures Manuals, and Business Continuity Plan.

Carol has broad experience in the private and nonprofit sectors. She has owned a retail business in Newark and has worked for large and small organizations, most recently fundraising for local nonprofits. Carol serves on the Board of Directors of Water is Life Kenya, a small nonprofit that brings water to remote villages in southern Kenya, and serves on the Board of Directors of the Unitarian Universalist Fellowship of Newark.

Carol earned a Masters in Public Affairs (MPA) from Princeton University and a BS in Engineering from Cornell University. She is currently pursuing her Investment Adviser Certified Compliance Professional® designation, which requires taking 20 courses and a passing comprehensive exam.

Carol lives in Newark, and she has two adult children. Carol loves to travel and experience different cultures. She has already been to 21 countries and 43 states and plans to visit more every year.