Chicago, Illinois, United States
For 14 years, I have worked in various capacities within both retail and institutional banking. Additionally, I have more than 4 years of experience in the regulatory, risk, and compliance spheres, working for the State of Illinois Department of Financial and Professional Regulation as a District Manager, overseeing a team of bank examiners. I have extensive knowledge of the FFEIC Examination Manuals. In May of 2020, I earned the CAMS designation through ACAMS. Various positions I've held with financial institutions and regulatory bodies has garnered me significant experience with aspects of the financial industry including market value collateralized debt obligations, collateralized loan obligations, emerging market CDOs, and asset-backed security portfolios. In working with Collateralized Debt Obligations, I have accumulated a considerable knowledge of loan portfolio performance, including various coverage tests, recovery rates, loan covenants, assessment of credit quality, interest rate swaps and caps and financial reporting as well as risk management and compliance. Outside of the financial industry, I have a strong interest in public policy. Over the past four years, I have testified at a Congressional hearing on the foreclosure crisis. I also testified at a Chicago City Council Finance Committee hearing on the benefits of community banking. I had a brief stint as a Senior Policy Analyst for the City of Chicago. I then became a District Manager for the State of Illinois, where I oversaw a team of bank examiners. In this position, I worked closely with my counterparts at the Federal Reserve Bank and the FDIC. Specialties: Enterprise Risk Management, Financial Risk Management, BSA, Safety and Soundness Supervision, Financial Analysis , Public Policy
As a Senior Consultant, I worked on a variety of projects. I assisted clients in navigating the municipal regulatory landscape. In addition, I assisted campaign managers for various campaigns in election law compliance and general strategies in the campaign process, from achieving ballot access, media buys, and general organization. I also provided analysis of budgets for small municipalities and various local government departments.
As a district supervisor, my primary responsibility is to oversee, advise, and review the work of bank examiners in the large/complex bank group. In addition to supervising the work of others, I am directly involved in bank regulation, often collaborating with professionals from the FDIC and the Federal Reserve Bank of Chicago. I also meet with the senior management of financial institutions to discuss their banks’ safety and soundness, and compliance with the Bank Secrecy Act. I have substantial experience in the field of banking supervision and regulation, and a strong understanding of the laws and regulations that govern banks, bank holding companies, and their related non-banking activities.
As a Senior Policy Analyst, I examine ordinances for the council's 50 alderman. I research proposals and ideas brought forth by various committees. My research involved the privatization of Midway Airport, establishing an independent budget office for the council, the CPM settlement agreement, and the Public-Private Infrastructure Trust. Additionally, I write resolutions that are brought before the city council.
Manage daily cashflow activity for a portfolio of CDOs •Review periodic compliance reports to ensure that the methodologies comply with indenture criteria •Review periodic payments to investors; prepare and distribute note valuation reports •Verify various CDO assets and liabilities; facilitate interest/fee payments •Calculate interest accruals for bank debt and fixed income securities; calculations reconciled to WSO accrual reports •Manage a team responsible for daily communication with portfolio managers, rating agencies, institutional investors, and legal council
• Execute and approve trading in equities, options, loans, and currency transactions • Reconcile daily cash and collateral positions within a multi-currency market value CDO • Produce daily and weekly compliance reporting per indenture guidelines