Los Angeles County, California, United States
Highly motivated and proficient in making strategic contributions that lead to compliance and operational soundness and efficiency. Recent exposure includes independent BSA/AML auditing as well as a Board of Directors position managing processes to mitigate reputational, operational, legal, concentration risks and the setting up of an offshore customer service call center. Solid background in AML/AFT compliance procedures. Specialties: Risk analysis and mitigation; Financial services business strategy and development; Offshore customer service call center operations; AML / AFT compliance consulting; Customer service relations; Due Diligence and Enhanced Due Diligence; Consumer privacy regulations and processes; Financial rules, regulations and laws; Heavy emphasis in writing; Personnel guidelines and policies; Policy analysis / process engineering; Profit; Research; Money transmission; BSA / USA PATRIOT Act
Independent BSA / AML compliance consultation, examinations and reports for Regional Bank Institutions and Money Services Businesses (including principal licensed money transmitters); Implementation of compliance training and testing programs for Management, Staff and Agents (including Compliance Officer and designation); Compliance Manuals, Forms, and Training Programs; Money Transmission and Check Cashing License Applications; Money Services Business-designated Bank Applications; Correspondent Due Diligence Reports; Remediation
Brought on as a Board Member to provide real time information regarding newly adopted state and federal regulations as applied to risk mitigation in the company’s operations and lines of business (including SEC regulations applicable to private investment offerings). Created efficiency when making recommendations for prevention and reduction of losses. Fostered new business strategies to provide payer networks and compliance consulting for “mom-and-pop” licensed money transmitters outside the company’s geographical business locations - moving compliance from a cost to a profit center - thereby creating additional revenue streams for the company. Spearheaded the research analysis of all money transmission license applications in the states of California, Oregon and Washington, including all quarterly reports and annual assessments/license renewals. Developed, drafted and implemented successful Anti-Money Laundering/Anti-Financing of Terrorism Policies, Procedures and Internal Controls for principal wire transfer company. Created efficient Money Service Business compliance training and testing programs for all company personnel, including Board of Directors. Managed successful compliance, operational and financial examinations by independent examiners, state and federal regulatory agencies, including all due diligence conducted by domestic banking financial institutions during accounting opening. Developed and implemented successful customer service call center compliance program and 6 member team in Managua, Nicaragua. Fostered new policies and guidelines leading to efficient foreign exchange purchase and funding procedures. Point individual who worked end-to-end developing software “tools” to enhance company’s technological platform.
Close working relationship with the Senior Litigation Partner in civil litigation matters, including second chair during multiple arbitrations and trials with favorable client verdicts. Maintained multiple wrongful termination, insurance bad faith, real estate, and trademark and copyright infringement cases with heavy contact with clients, opposing counsel, Court clerks, field investigators, and expert and percipient witnesses. Drafted and serviced pleadings and discovery. Heavy trial preparation, including subpoenas, exhibit books, deposition summaries (for impeachment), and trial pleadings; i.e., trial briefs, witness lists, exhibit lists, jury instructions (if non-bench trial).