- Global Regulatory Compliance Specialist within the Financial Services Sectors
- AML/ATF Regulations and Risk Analysis - AML/ATF Policy, Program Design and Reporting - Regulatory and Corporate Investigations - Customer Identification (KYC) and Enhanced Due Diligence - Senior Managements positions held at recognized institutions
Experience Royal Bank of Canada Total Duration 13 yrs
Fraud Investigator, Corporate Investigation Services -Investigate and lead external (client) and internal (employee) fraud investigations for all business lines of the bank. Written reports to management detailing the investigation, risk and conclusion were filed at the conclusion of the investigation. -Assist law enforcement agencies in fraud related investigations. -Filed written police reports relating to significant criminal fraud cases. -International investigations of suspected internal/external fraud. -Expert in the field of Capital Markets and Wealth Management fraud related investigation.
AML & ATF Investigator, Corporate Investigations Services -Conduct case file reviews of RBC client transactions to determine if money laundering and terrorist financing activity has occurred. -Liaise with Canadian and International law enforcement divisions and CSIS to obtain information necessary for case file reviews. -File internal and external reports to meet regulatory requirements. -Interview clients and staff as necessary for the completion of case files. -Manage case files in conjunction with counterparts within RBC AML Compliance and Financial Intelligence Unit. -Review job procedures to determine their effectiveness and amend same if required. -Special assignments.
Director, Internal Audit Services/ Global Regulatory Compliance -Responsible for regulatory compliance audits for all RBC businesses within RBCI, CM&T and Insurance on a global level. This is accomplished through risk-based analysis during field reviews of the businesses as well as through global regulatory research. -Manager of a staff of six. -Maintain compliance audit program on a continuous basis to reflect changes in the global regulatory environment for the businesses within the three platforms. -Research global regulatory changes on a continuous basis and determine their impact on the businesses within the three noted platforms. -Provide seminars to IAS employees on regulatory compliance topics on a semi-regular basis. -Filing of a quarterly report to GRMC consisting of compliance statistics, analysis and ratings of audits performed. -Act as a resource to IAS auditors by providing compliance knowledge and expertise on a day-to-day basis. -Member of a number of committees (example: OSFI’s Legislative Compliance Program).
VP Compliance / ADP, Assante Wealth Management -Compliance, credit, new accounts and registration responsibilities for four corporate divisions. Manager of six. -Wrote and maintained the firm’s Compliance and Credit Manuals. -Ensured compliance with NI 81-102 and securities regulation. -Capital requirements for the firm’s securities dealer. -All on-site branch reviews and subsequent reports. -Responsibility for the approval of all marketing. -Daily/monthly client and employee trade reviews. -Responsible for addressing all client complaints. -Key contact for internal/external counsel on litigation matters. -Key contact person for the IIROC, OSC, IFIC and Insurance regulators and responsible for addressing all audit deficiencies brought forward.
Senior VP and Senior Compliance Officer, Trading, Midland Walwyn Capital Corp, - Compliance responsibilities for the firm’s entire trading division consisting of retail and institutional fixed income, equities, unlisted, loan post and derivatives. -Compliance responsibilities for all registered floor traders and market makers. -Compliance responsibilities for Research, Syndication and Corporate Finance. -Ensured compliance with securities distribution regulation including the monitoring of and input to the Watch and Restricted Lists. -Filed annual compliance report under OSC 33-601. -Daily review of all firm inventory and proprietary trading. -Compliance responsibilities for the firm’s international divisions in London, Geneva, Bermuda, New York, Chicago, Boston and the Channel Islands. -Advised staff on procedures for Sales From Control and Normal Course Issuer Bids and the subsequent filings with the exchanges. -Liaised with the regulatory auditors during the firm’s annual trade desk reviews. -Conducted independent reviews of the firm’s Corporate Finance files for M&A and IPOs. -Responsible for the daily and monthly reviews of employee trading. -Implemented an Annual Compliance Questionnaire for all trading personnel.
Compliance Officer, Midland Walwyn Capital Inc, -Daily and monthly trade reviews to monitor for suitability, disclosure, churning, etc. for 38 branches east of Toronto. -Employee trading and transaction reviews on a daily basis. -Responsibility for the resolution of all client complaints for the 38 branches. -Field branch reviews and reports for the noted branches. -Conducted P&L calculations on client accounts for all lawsuits facing the firm. -Compliance representative for the Securities Commissions, Exchanges and SROs on compliance related matters. -Implemented a number of internal policies, which were incorporated into the firm’s Compliance Manual. -Trained new employees to the department on compliance policy.
Licenses & Certifications -Certified Anti-Money Laundering Specialist (CAMLS) -Chief Compliance Officer (CCO) -Partners, Directors and Officers (PDO)Issuing authority Canadian Securities Institute -Canadian Securities License (CSC) -Conduct and Practices (CPH)
Track record of success in delivering high quality work in complex regulatory environments.
Andrew and his AML team provides assurance services so clients can rest assured that their AML governance, risk assessment and controls are in order. Clients deserve a break too.