SUMMARY

• As a Business Analyst with MA degree in Business Economics acquired from University of California, Santa Barbara with strong practical knowledge and experiences in the areas of enterprise risk management, regulatory compliance, risk based auditing and business analysis, successfully achieved the companies
• Initiatives and regulatory standards for compliance and risk management programs implementation developing risk assessment methodology for banking risk categories, assessing internal and external risk factors for maximizing company’s profitability, increasing operational effectiveness and meeting regulatory requirements for compliance and corporate governance.

PROFESSIONAL EXPERIENCE

Confidential Barbara, CA

Compliance Officer

Responsibilities:

• Effectively implemented and accomplished all aspects of the bank compliance management program. Worked with management on system implementation and external auditors to ensure the system in place aligned with the bank’s business vision, risk appetite and regulatory requirements.
• Participated in implementation of the Small Business Lending Fund program in support of the newly enacted Small Business Jobs Act of 2010. Prepared quarterly reports for program certifications to Treasury performing financial data analysis, baseline and quarterly lending calculations and submission.
• Provided oversight and administration of the SBLF audit program by Treasury to satisfy quarterly reporting requirements. Assisted and provided clear guidance in the course of the regular examination and audit review with the necessary documentation and reporting.
• Evaluated and implemented new consumer protection laws and regulations affecting the bank’s policies and practices. Revised, created and updated the bank’s policies and procedures for compliance requirements with the lending and deposit laws and regulations. Evaluated the impact and severity of the regulations and proposed preventable measures for risk of incompliance with the regulations.
• Provided ongoing research and evaluation of the federal and state laws and regulations for new regulatory developments and updates. Researched, recommended and implemented changes to policy, procedures, forms, disclosures and documents as needed.
• Performed compliance risk assessments for all functional areas and products and services identifying high risk areas or concerns in the internal and external environments providing quality assurances and testing of the effectiveness of internal controls for a prompt risk response and appropriateness of mitigation techniques.
• Directly reported the status of the bank’s compliance management program in the areas of regulatory risk focus and emerging regulatory developments to Board of Directors. Provided monthly reports with the summary of the compliance risk assessments and recommendation plan for resolution as applicable.
• Acted in the role of the BSA Officer providing a daily oversight and administration of the bank’s BSA/AML programs. Facilitated strategic planning, development, monitoring and implementation of the bank’s BSA/AML programs in adherence with regulatory requirements for protection of customer assets and information.
• Performed oversight of the third party risk management program for the bank to ensure third party risk is identified, assessed, quantified and managed through the lifecycle of the relationship. Performed monitoring and oversight functions to ensure effective management of third party risks and compliance with company - wide program requirements.
• Implemented and administered an effective Internal Audit program of the bank. Completed annual enterprise-wide risk assessments across risk categories for all business and support units of the bank determining the scope and timelines of the audit plan for the following years. Provided a monthly status update on the issue resolution and review findings to the Audit Committee and Board of Directors.
• Developed and implemented a compliance training program for the bank’s employees and Board of Directors. Provided an ongoing daily support and training to all bank’s employees on compliance subject matters, compliance policy recommendations and emerging new regulatory requirements.
• Worked proactively with the regulatory and supervisory agencies to respond to their inquiries relating to the compliance matters in a course of the compliance and safety and soundness examinations.
• Actively participated in the conferences, seminars and webinars to stay abreast of the new regulatory developments to the existing state and federal laws and regulations.

Confidential, Santa Barbara, CA

Sarbanes Oxley Auditor

Responsibilities:

• Developed, implemented and administered the SOX act compliance program for all business cycles within the company which included Accounts Payable, Financial Reporting, Payroll, Human Resources, Tax Payment and Cash Disbursements, Worker’s Compensation, Cash Receipts, Revenue, Fixed Assets, Procurement and Treasury.
• Developed and implemented business strategies for streamlining financial and operational activities. Enhanced processes and employees engagements in achieving the company’s goals and business initiatives.
• Formally documented accounting and business processes observed during the workflows, gathered information during the interviews and discussions with the process owners and management, performed detail walkthroughs and testing. Identified opportunities for increasing operational efficiencies and strengthening management controls.
• Examined and modified the financial accounting and internal control system, PeopleSoft, effectively identifying the system’s strengths and weaknesses for facilitating the prompt risk response to negative events. Developed solutions to enhance the system of internal controls and mitigate risk exposure adhering to the SOX act compliance program.
• Provided assurances and effective recommendations to the management on improving accounting and financial systems.
• Prepared audit documentation presented to the management on the state of the company’s SOX act compliance program including recommendations for enhancement of the system of internal controls in accordance with the US GAAP and SOX act requirements.

Confidential, Santa Barbara, CA

Business Analys

Responsibilities:

• Implemented and administered the enterprise risk assessment methodology for facilitating identification, analysis and measurement of risks and internal controls for all business and support units of the bank using both the COSO and the COBIT frameworks. The response received from the external consultants and the regulatory supervisors was outstanding which included: “a very comprehensive and quite complicated for the size and complexity of the bank operations” which consisted of $8 billion in assets.
• Provided leadership in the planning, development and implementation of the enterprise risk frameworks, measurement methodologies, policies, standards and procedures specific to the needs of the business aligned with the bank’s enterprise risk management program.
• Created and formally documented Corporate Risk Management procedures for identification, analysis, measurement and assessment of risks across all categories and functions of the bank delivering all aspects of the risk management program and risk assessment methodology aligned with the bank’s organizational structure, risk profile and strategic direction.
• Analyzed and documented various processes in business lines, products and services by working with the business units to identify, assess and measure key processes and high risk exposure as described by the enterprise risk management program including process description and documentation, risk identification and assessment, control assessment and documentation, testing implementation.
• Performed enterprise risk assessments for all business and support units of the bank identifying inherent risk exposure in the products and services and business processes. Effectively evaluated sufficiency of internal controls to assess the level of residual risks in the credit, operational, technological, reputational, compliance, strategic, liquidity, interest rate, and fiduciary risk categories.
• Performed periodic testing and self-control risk assessment in the high risk areas of subject matter to determine effectiveness of business unit’s adherence to the bank’s defined requirements, internal policies and regulatory standards.
• Performed aggregate risk analysis in each category to measure operational effectiveness, financial and compliance performance in business and support functions of the bank identifying and assessing severity of risk exposure and evaluating mitigating strategies for risk response. Prepared summary reports with outlined findings and made recommendations of corrective actions for improvement. Collaborated with Internal Audit, Legal and Compliance departments developing the bank’s strategy for internal control enhancement.
• Conducted Gap analysis of regulatory requirements to measure compliance and operational results in the products and services providing a detail analysis of the current regulatory environment and emerging and evolving risks in the high risk areas.
• Provided key inputs into the risks and opportunities by analyzing and evaluating strategic initiatives and business plan’s validity, capital structure and compliance requirements with applicable federal and state laws and regulations.
• Prepared risk assessment reports, dashboards, heatmaps and narrative documentation for the executive management and Board of Directors providing an accurate and real time information on the bank’s risk profile detailing the areas of high risk exposure and mitigating techniques in alignment with the bank’s business strategy and risk appetite.
• In preparation for the Community Reinvestment Act examination, performed a comprehensive research and analysis of demographic and economic data of population in the bank’s metropolitan assessment areas for evaluation of the bank’s performance in the lending, investment and service functions. Gathered, maintained, and evaluated information for each assessment area on community development loans, investments, services and contributions. Conducted economic and statistical analysis of data of each assessment area. Performed detail market analysis of the bank’s shares with the detail comparison to its peers.
• Tracked and documented the new project to implement and maintained the risk assessment application from inception through post implementation analysis while maintaining timely delivery of the project. Created weekly status reports that effectively communicated current goals and recent accomplishments. Performed risk control self-assessment during the post implementation stage of the new products and services.
• Remained current on the regulatory requirements of the supervisory agencies impacting business units of the bank. Evaluated the nature and impact of the legislative and regulatory changes affecting the consumer and the bank’s policies; measured risks and evaluated effectiveness of internal controls impacted by the new regulatory developments.
• Provided training on the risk assessment processes to business and risk unit managers and their staff, along with providing an ongoing daily support in preparation of the risk assessment documents, matrices, heat maps and workflows.
• Participated in regulatory training and continuing education to maintain proficiency in the laws and regulations affecting financial institutions. Attended external and internal workshops, conferences, conventions, meetings to expand job expertise and develop and maintain professional contacts and relationships.