N. Albert Nelson

Phone 951-***-****

ab9nch@r.postjobfree.com

Experience managing the financial, operations and compliance

activities in a variety of securities firms. In depth knowledge of,

and experience with, relevant regulatory agencies, requirements,

provisions and reporting. Familiar with GAAP reporting and

accounting standards. Displayed proven accomplishments developing,

implementing and managing operations and financial

policies/procedures to insure regulatory compliance and timely

management information.

Have participated in numerous consulting projects in which proven

people and leadership skills were used to drive results-oriented

projects with practical judgment developed from many years in the

securities business. Have interacted with all levels of management

for CEO's and CFO's and CCO's to discuss remedies and solutions for

current issues faced by the firm. Memory for details with skills

in developing process improvements, enhancing risk management and

working as an enthusiastic team player.

CAREER HISTORY AND HIGHLIGHTS

Consultant, 2000 - Present

HSBC June 2012 to October 2012

Jersey City, New Jersey

Worked on the AML project to review customer wire transactions and

wrote reports regarding the origin and use of funds. Was brought

onto the job at this critical time for the bank to help resolve

their issues with the regulators and to help restore their

reputation. Duties included a review and analysis of activities

that could be questionable or suspicious and recommendation of

appropriate actions to be taken. Recommendations included no action

recommendation, additional surveillance or immediate filing of a SAR

or termination of the account. A wide latitude was given in these

reviews and the client seemed willing to allow much of the decision

left to me and the experience I brought to the job.

J. P. Morgan/Chase, August 2010 to April 2012

New York, New York

Called into the project to QC KYC analysis of wealthy individuals

and small to mid sized businesses to determine their cash flows and

business practices to ensure compliance with regulations established

by the Patriot Act and others. Conducted reviews of cash

transaction and money movements to ensure compliance with the

various federal regulations regarding these activities and assisted

in establishing procedures for the banks ongoing operations.

Because of the efforts of myself and others, Chase was able to avoid

consequences that would have been harmful to their standing in the

community and to their reputation.

WestAmerica Securities, June 2005 to April 2009

Las Vegas, Nevada

Traded assistance in areas of compliance and regulatory reporting to

enhance the image and visibility of the firm among regulators and

investors. Various securities licenses and registrations were held

at the firm.

Washington Mutual, June 2009 to December 2009

Seattle, Washington

Was involved in QC'ing SAR's filed for accuracy and content. The

scope of the assignment included activities in nationwide branches.

Was able to use past experiences in reviewing anti-money laundering

material to help detect flaws in the established procedure and allow

for more accurate reporting. The review of the material dictated a

thorough knowledge the Patriot Act and the regulations imposed by

Federal and international laws for the bank to know their customers

and to monitor the transaction of domestic and international

clients. The contract concluded after the takeover of Washington

Mutual by Chase Bank.

Union Bank of California, January 2006 to July 2006

Los Angeles, California

Worked in the Wealth Management Compliance and Review Department in

Los Angeles to insure compliance with the USA Patriot Act

regulations imposed after 9-11 for AML/BSA. Reviewed transactional

history and financial statements for all high net worth individuals

and small to mid-sized corporations to comply with the "Know Your

Customer Rule" and when necessary advised the bank of adverse

findings. Was transferred to their San Francisco offices to review

suspicious activity in customer accounts and to File SAR's on

clients suspected of drug trafficking or terrorist activity.

Assisted the company in the process of huge paper flow associated

with the project and organized a more efficient system to move

material to a conclusion.

First Union Securities, June 2005 to December 2005

Richmond, Virginia

Assisted the firm with OATS Reporting and resolution of reporting

issues during the extended illness of one of the departments'

employees.

Wachovia Securities, October 2004 to February 2005

Richmond, Virginia

Was assigned to the Non ACAT transfer department to assist the firm

with the transfer and shipment of mutual funds to individuals

closing or transferring accounts.

N. Albert Nelson

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Prudential Securities, February 2004 to May 2004

New York, New York

Assisted with the transfer and review of mutual fund accounts to

insure all clients received appropriate break points and dividends

as required by new NASD and SEC Rulings. Conversed daily with IT

professionals and was instrumental in establishing a matrix that was

used by programmers to process information electronically.

First Union Securities, October 2003 to January 2004

Richmond, Virginia

Worked in the Regulatory Reporting Department and assisted the firm

with the preparation of the FOCUS Report and the Customer Reserve

Computation as well as other regulatory reports. Routinely marked

securities to market to establish fair value for reporting purposes

and applied haircuts to securities. This position dictated a very

steep learning curve as I was introduced to their system and

procedures with little instruction. It was occasioned due to the

sudden and unexpected departure of key personnel within the firm and

the need for the firm to remain in compliance and to be able to

continue the essential reporting requirements of a major full

service securities broker.

E*Trade Securities, November 2002 to June 2003

Sacramento, California

Helped in the Regulatory Reporting area of the firm in the

conversion of the back office and accounting software from Beta to

ADP. Reviewed individual accounts and key chart of account line

items to ensure that entries were consistent with existing books and

records.

Scudder/Deutsche Bank, August 2002 to October 2003

New York, New York

Reviewed trust documents prior to the merger of these two firms

preparatory for conversion and entry into the James River compliance

software system.

Bank of New York, January 2002 to April 2002

New York, New York

Worked in the Government Securities Department, trying to resolve

some of the difficulties that arose following September 11, 2001.

Preferred Trade, May 2000 to May 2001

San Francisco, California

In preparation for converting back office and reporting systems from

a proprietary system used by the firm to Phase Three, worked in San

Francisco doing all of the regulatory reporting for the firm

including the monthly, quarterly, and annual FOCUS Reports and the

weekly Customer Reserve Computations. Duties required the month-

end, quarter-end and year end closing and postings to the books.

Actively participated in two NYSE examinations and three financial

audits. Reported directly to the CFO. Was the project manager for

the consulting agency and supervised as many as 30 consultants

involved in other departments. Acted as liaison between

representatives of the firm and consultants. Made reports to the

consulting agency regarding time lines and critical paths and

monitored and supervised progress.

GENERAL

Former examiner for the NASD in the Los Angeles office where I was

involved in routine and special examinations of member firms for

compliance with rules and regulations. Was responsible for a core

group of firms numbering about 20 that were monitored for monthly

FOCUS Reports and for early detection of potential problems.

Additionally, became involved with investigations of representatives

Terminated for Cause and with Customer Complaints filed with the

office. After leaving the NASD, was employed by the securities

division of Security Pacific Bank in the Compliance Department and

later for GFC Securities, an affiliate of Gibraltar Savings, MCG

Securities, William Lawrence Securities, First Securities Investor

Services and Globalink Securities. Globalink Securities was

specifically engaged with individuals in Asia and along the Pacific

Rim in the investment of their finances in U.S. markets.

Have been involved in start-up operations and have filed all the

necessary paperwork for the regulators to establish a new

broker/dealer and have occupied key roles as a principal and officer

of the new firm. Have assisted the firm and founding officers to

make the firm viable and successful. Have worked with front office

and operations department to insure smooth flows of paperwork and

clearing of financial instruments and to facilitate and resolve data

deficiencies and controls. Was able to draw upon personal

resources to assist in staffing of the firm and to provide

additional financial resources when needed.

EDUCATION

Bachelor of Arts Degree - Finance

California State University - Fullerton

Bachelor of Arts Degree - Accounting

California State University - Fullerton

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