Washington DC-Baltimore Area
The Office of the Chief Financial Officer (OFCO) manages the district's finances, including its approximately $20 billion gross funds operating budget of which $11.3 billion is generated from local and dedicated revenue sources. The independent CFO manages the District's financial operations, which include more than 1,700 staff member sin tax and revenue administration; treasury, comptroller and budget offices; DC Office of Lottery and Gaming, economic/fiscal analysis and revenue estimation functions, and all District agencies.
Engaged to provide supervisory direction and oversight to my team engaged in evaluating financial information located on tax returns and other accompanying documentation, identifying fraudulent activity for referral for criminal investigation.
The Office of Inspector General (OIG) for the Washington Metropolitan Area Transit Authority (Metro) supervises and conducts independent and objective audits, investigations, and reviews of Metro programs and operations to promote economy, efficiency, and effectiveness, as well as to prevent and detect fraud, waste, and abuse in such programs and operations. The OIG provides advice to the Board of Directors and General Manager to assist in achieving the highest levels of program and operational performance in Metro. Metro serves a region of 1500 square miles.
His experience at www.msbcb.net as a Forensic Accounting, Asset Recovery, BSA Compliance and Financial Due Diligence is excellent. Prior engagements in preparing and creating AML/BSA compliance programs to detect fraud and to prevent ML transactions. His experience covers services a wide range of areas including white collar crime litigation support, criminal and civil tax controversies, voluntary disclosure, forensic accounting, fraud investigations, anti-money laundering/bank secrecy act, asset tracing and forfeitures, due diligence and training. He tailors training to the specific requirements of their clients. For example, in purposes of conducting investigative training for ACAMS, he has conducted daylong training session delivered in accordance with ACAMS policies and procedures. Our training sessions cover both law enforcement and private sector investigative methodologies. Aspect of this training include important components of financial interviewing, investigative intuition, and suspicious activity transaction and case studies/practical problems. Expert knowledge of forensic audits and of US Bank Secrecy Act Requirements. Prior to Colombia, formed his own company and was a speaker/presenter in the field of suspicious activity reporting (SAR) requirements, “Know Your Customer” (KYC) requirements and customer due diligence (CDD) procedures.
Engaged to create and implement Financial Investigative Training (FIT) along with Money Laundering and Asset Forfeiture Training (MLAFT). The objective is to develop and facilitate financial seminars. Consulting with the US and foreign agencies, regulators, banking associations along with the international organizations for coordinated effort in financial training. Interact with United States and foreign law enforcement judicial and financial regulatory officials for program delivery of training.
His duties are to conduct routine complex investigations of suspected violation of laws and regulations concerning OFAC or fraud within Capital Markets Operations relative to current or prospective clients, borrowers, employees or funds transfers. Implement optimum solutions considering polices and current regulations. Design, develop and maintain process to track, monitor and report matrix activities. Evaluate results and present insight and best practices. Create and develop process mapping and procedure manuals to withstand regulatory scrutiny He studies highly complex transactions and operations data. Present insights and learning along with advising management of significant findings. Implement optimum solutions, considering polices and current regulations. He is extremely proficient with ACTIMIZE, a compliance and risk management solutions provider.