KENNY YU, CAMS

**** ******* ****** ** #**** Atlanta, GA 718-***-**** acpdcd@r.postjobfree.com

SUMMARY OF QUALIFICATIONS

A diversified background in the financial services and the banking industry, encompassing business development, design and implementation of online experience and trading systems. Experienced in CRM, Internet, Intranet, trading, merger systems integrations, recruitment and training. Management level experience in Banking, Brokerage, Corporate & Investment Banking compliance, BSA/AML/CTF testing, policies and procedures implementation.

EDUCATION

· University of Phoenix (John Sperling School of Business) – MBA in Technology & Accounting Concentrations - In Progression

· University of Phoenix – B.S. in Organizational Security and Management

· Queens College, New York – Political Science

· Certified Anti-Money Laundering Specialist Certification (ACAMS) – Certified

· Certified Fair Credit Reporting Act (FCRA) – Certified

· Certified Fraud Examiner (CFE) – In Progression

· Certified Business Process Management (BPM – Six Sigma) – Certified

· Series 7, 8 and 63 – Licensed

· Other Languages – Chinese Mandarin (Fluent)

PROFESSIONAL EXPERIENCE

Accume Partners, Inc., Atlanta, GA (09//10 – Present)

Financial Institution Audit Group. Auditing the global BSA/AML compliance by community banks. Audited global compliance, technology compliance, regulatory management, risk remediation, and best practices implementation.

Audit Manager, Financial Institution Audit Group (09//10 – Present)

· Audited multiple banks on BSA/AML program compliance, build, implementation, and adherence. Validated the risk assessments and current AML program. Identified BSA/AML, operational, procedures, controls, technology, resource gaps and process excellence. Helped banks understand post BSA/AML/OFAC software implementation upgrades. Recommended best practices to augment the programs/technologies to strengthen overall compliance to better manage BSA/AML/OFAC regulations and risks. Audit report to be used as a part of examinations.

· Audited compliance program and compliance technologies (Metavante – Prime and Jack Henry – Yellow Hammer) design and effectiveness. Provided remediation and best practices to Chief Risk Officers and AML Compliance Officers.

Ally Financial, Charlotte, NC (05/10 – 09/10)

Global Audit Group. Auditing the global BSA/AML compliance by Ally Financial. Audited global compliance, technology compliance, regulatory management, risk remediation, and best practices implementation.

AML/ATF Compliance Manager, Internal Audit Group (05/09 – 09/10)

· Advised and guided Audit Managers and Interim Directors on auditing of GMAC Canadian Subsidiary. Audit includes AML/OFAC technologies. Ensured the Canadian audit conforms to FINTRAC requirements. Mentored senior auditors (junior experience) on FINTRAC rules and regulations.

· Internal Audit SME for FINTRAC Money Laundering Compliance, OFAC and AML compliance audits on Ally Auto Finance, Ally Consumer Mortgage, Ally Residential Financial Securities, and Ally Bank. SME as post merger compliance data validation. Served as SME for Bridger Choice Point software standardization project.

· Lead a team to conduct GMAC Securities, LLC (Capital Markets) AML/OFAC Audit as the Auditor in Charge. Audits have been designed to conform to the FFIEC requirements as well as FINRA AML rules, which includes technologies implemented (Compliance Link – by Accuity). Mentoring senior auditors on auditing Offshore Capital Markets super captive investment vehicles.

Accume Partners, Inc., Atlanta, GA (11//09 – 04/09)

Financial Institution Audit Group. Auditing the global BSA/AML compliance by community banks. Audited global compliance, technology compliance, regulatory management, risk remediation, and best practices implementation.

Audit Manager, Financial Institution Audit Group (11/09 – 04/09)

· Audited First Volunteer Bank (FVB) Inc. of Tennessee on complete BSA/AML program compliance, build, implementation, and adherence. Validated the risk assessments and current AML program. Identified BSA/AML, operational, procedures, controls, technology (Jack Henry – Yellow Hammer), resource gaps and process excellence. Helped FVB strengthen process against current threats and risks to the bank’s BSA/AML compliance program (Includes OFAC). Recommended best practices to build and strengthen the FVB’s enhanced due diligence (EDD) program in order to better manage high-risk client types and product risks. Audit report to be used by FVB in state examinations.

· Advised on best practice data and report implementation to assist FVB police AML Compliance. Conducted detailed exit meeting with the Senior Management of the Bank. (EVP/BSA Officer Recommendation Letter Available)

· Advisor on the Eurobank (Puerto Rico) BSA/AML Audit. Advised on process, procedures, and technology adherence to EDD and OFAC compliance.

GMAT (08/09 – 11/09)

· Studying for the GMAT examination.

Capital One, Inc., Richmond, VA (06/07 – 07/09)

Risk Management/Corporate Compliance Horizontal Services (CHS), which provides support to the Chief Compliance Officer and Corporate Compliance teams. Performs targeted testing and periodic validation of business processes such as Credit Cards, Bank, and Capital One Financial Advisor for adherence to compliance requirements and presence of effective controls. Identifies and implemented compliance controls and process effectiveness. CAMS Certified.

Compliance Manager, Risk Management (06/07 – 07/09)

· Created, documented and tested the Capital One Financial Advisors’ (COFA) Independent Anti-Money Laundering (AML) CIP and EDD validation test. Managed the overall Broker Dealer AML testing program to ensure compliance with firm policies, procedures, and FINRA and SEC regulatory rules. Program audited transactions, policies, and procedures to branch examinations. Testing program validated COFA’s adherence to FINRA Rule 3011, 3012 and 3013 requirements. Validated the COFA’s Risk Assessment Program and recommended changes based on the current regulatory environment. Compressed processes. Report was used in FINRA and SEC examinations

· Advised on the Client On Boarding (EDD) to better meet NYSE Rule 445 and FINRA Notice P003704. Testing includes the full application approval process. Suggested improvements on FINRA Trade and Fraud red flag alerts (Stock, Funds Transfers, and FX) and gap remediation. Policies and procedures changed before the FINRA Examination.

· Reengineered the Compliance Assurance Review (CAR) team. Utilized MS Project Methodology, Six Sigma, and Agile to rebuild the team processes, procedures, and artifacts. Conduct Quality Assurance (QA) on the rebuild process. Rebuild approved by the Senior Leadership Team (SLT).

· Transaction tested and validated the Fair Credit Reporting Act (FCRA). Validated the adherence to 15 USC Ch 41 168b and 604 – Validated the use of information by consumers and subpoenas. 15 USC Ch 41 1681M and 604 - Tested for the credit reporting information for the purpose of adverse action for Credit & Auto-Finance. Worked as the QA person for the test data integrity.

· Transaction tested and validated Home Mortgage Disclosure Act (HMDA) compliance. Validated Home Mortgage/Loan adherence to Federal Reserve (FR) HMDA requirements. Testing includes the elements such as anti-redlining. Managed the Interaction with information technology group as it relates to the HMDA testing data. Report used in OCC Examination.

· Created and tested the Funds Transfer (Regulation E; 12 CRF 205) and Travel Rule as Point in Time and Continuous Monitoring Tests. Used the FFIEC testing requirements, tested domestic and international wires and payments (Includes FX Transactions). Identified bank-wide, technology, and policy improvements (OFAC and FINCEN compliance). Report provided to the OCC.

· Tested the Truth in Lending (12 CFR 226). Tested the Capital One Truth in Lending notification to customers. The validation of Regulation Z was completed on the Bank and Credit Card LOBS.

· Worked as a SME to the multifactor authentication of firm’s Financial Portals. Utilized the FFIEC Information Technology Examination Handbook. Multifactor authentication report was approved.

· Developed independent testing on the “Hot List” screening process and Bridger screening application. Reviewed and analyzed the electronic alerts and exceptions reports. The scanning process scanned against PEP, OFAC and UN lists. Report submitted to OCC Examination.

· Worked as the Subject Matter Expert (SME) in compliance and AML benchmarking projects.

· Analyzed, redesigned and documented the Enhanced Due Diligence (EDD) programs for multiple lines of business (LOB). Business lines and product includes, Credit Card, Debit Card, Decoupled Credit Card and Debit, Bank, Broker Dealer, Capital Markets, FX, and Auto-Finance.

· Drove changes within the business areas and corporate-wide. Served as the subject matter expert to the banking Operational Risk Management and Compliance Process Management rebuild. Calculated improvements through Six-Sigma – BPM process improvement.

· Created a compliance testing horizontal “training learning track” specific to horizontal compliance.

· Created and tested the AML Compliance LOB Risk Assessment Assurance Validation Program (Included Compliance Technologies). The program tested all Capital One Businesses for the Chief AML Compliance Officer. Recommended the remediation steps and process changes to the AML Program. Used Six Sigma – BPM and MS Project Methodologies in program.

· Conduct data integrity testing. Data samples provided executive on the accuracy of data analysis.

SunTrust Bank, Inc., Atlanta, GA (08/03 – 06/07)

Provide technology guidance in choosing, developing and fixing financial systems to comply with STI and Industry standards. Perform application and online re-branding and mergers. Implemented and re-worked the SunTrust Bank’s Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) rules and regulations LOB wide. Conducted regular Broker Dealer (Including Hedge Funds), International Trade Finance and Capital Markets Branch AML Compliance Audit and Training.

Anti-Money Laundering Risk Analyst, Corporate and Investment Banking-CIB (01/06 – 06/07)

· Planned, documented, presented, policed, and implementation of the CIB and SunTrust Capital Markets’ (Broker Dealer) AML Center of Excellence. Oversaw a network of shared resource associates to manage CIB AML and International Risks. Responsible for mitigating Regulatory Risks, Reputation Risks, and Financial Risk. The team supported and tracked Section 311, Section 312, Section 314 (a) and Section 326 documentations (FINRA Rule 3011, 3012 and 3013 requirements). Oversaw the AML Compliance for Capital Markets (BD), Global Trade Solutions, International Trades and Wires Group, Derivatives, and Foreign Exchange.

· Served as the Operational Risk Management (ORM)’s lead business technology project manager/lead analyst capacity in automating, tracking and report generation of the Risk Assessment Form (RAF) in an internal system called Sunrise. Utilizing Six Sigma methodologies to work and ensure the solution is built with minimal defects. Acted as training manager on the Sunrise system.

· Consulting Wealth and Investment Management (Broker Dealer) and Bank with their lack of technology solution and to centralizing the Client Risk Assessment Forms and Exemptions.

· Managing multiple levels of LOB BSA/AML Intranet/on-line based educational course implementation and tracking. Helped SunTrust University build the CIB 2006 BSA/AML training.

· Implemented and tracked the Client Privacy Act (REG P) training to all of CIB associates.

· Worked with EIS database project manager to look at CIB data as it relates to risk rating foreign financial institutions, SARs, and EDD.

· Educated, validated and managed the CIB SOX validation. Assisted the business managers understand SOX express and attest to the SOX controls. Worked to validate the SOX validation by the key control owners reported to the CIB SOX Manager.

· Identified and evaluated CIB risks and areas of risk. Managed the Risk Assessment for the CIB and Capital Markets Groups.

· Worked with the SunTrust Bank’s Financial Intelligence Unit (FIU) on AML verbiage to satisfy specific rules and regulations applicable to CIB. Responsible for CIB SAR Research and Tracking. Work with the LOB to apply for exemptions through presentations to SunTrust AMLOC.

· Creating and documented auditing procedures for the CIB Risk Op. Interfaced with BSA/AML Lawyers in crafting procedures, this include the deprecation of LOB (Sold).

· Perform AML audits of CIB Sub-LOBs (Quarterly, Annual, and ADHOC). Created executive reports based on the BSA/AML Audit Results. The auditing includes CIB’s Latin American, Asian and European Businesses. Responsibilities include the OFAC scanning of business data. Over saw FinCEN 314(a) compliance for LOB. Ensured business line adheres to travel rule requirements for the Foreign Exchange (ACH/FED/SWIFT) and Derivatives businesses.

· Guiding CIB through the Enhanced Due Diligence (EDD) Process, prohibited clients procedures, and Client Identification Program (CIP). Assisted various sub-LOB to understand and create EDD checklist and procedural manuals. Retained and validated LOB AML reports on High, Automatic High, Prohibited client types, and SAR reports.

· Worked with CIB Compliance on passing the New York Stock Exchange (NYSE) audit to pass the 2005 and 2006 AML Audits. Also worked with Corporate Compliance to complete the quarterly FED audits. Both audits received exceptional rating/comments from both regulators.

· Serving as the BSA/AML Risk Analyst on Investment Product and Account Opening life cycle.

· Helped to validate financial model as it relates to various products and sub-LOB.

· Created and rolled out Section 312 training and procedures as it relates to FinCEN rule 312 to all of CIB. Worked with some of CIB’s biggest partners located world wide (Switzerland and Hong Kong) to help educate, implement and audit compliance and adherence to Section 312 policies. Understand Wolfsberg AML Principles and UK Joint Money Laundering Steering Groups’ (JMLSG) AML Principles. Managed multinational business relationships.

Financial Systems Business Analyst, Wealth and Investment Technologies (08/03 – 12/05)

· Sarbanes Oxley technology audit in Wealth and Investment Management Technology group. Also advised on compliance aspects of evaluating, testing, and building powerful and efficient technical applications for the company.

· Lead Business Analyst and co-project manager completing the technologies, business and compliance processes on the National Commerce Financial and SunTrust Securities’ merger and the Alexander Key and SunTrust Securities merger. Lead the project from beginning to completion of the merger ranging from Securities, Trust, to Private Client Services. Evaluated and documented systems requirements and the final integration of CRM, debit card, incentive and brokerage systems. Assisted with the final categorizing and the disposition of stale or excess NCF contracts. Ensure the merged applications all conform FFIEC data standards and OFAC scanned. – Company awards and commendations. Acting compliance validation manager on the merger. Rebranded statements, debit cards, Internet, Intranet, and application. Merger work submitted to the Federal Reserve (FED).

· Created targeted technical, business and compliance requirements for the NCF/SunTrust’ trust merger’s integration of the bank legacy mainframe servers.

· Created the STIS technology and compliance merger road map for the Wealth and Investment Management Technology Group. Road map includes the dispositions and sales of businesses and the KYC/CIP (Client On Boarding) requirements and data

· Lead Project Manager/Business Analyst reverse engineering and completing the CASS (Corporate Account Synopsis System – Corporate Trust Sub-Accounting System). Interviewed, facilitated, wrote and managed requirements. Wrote requirement for the developers to convert the old application to a .NET application and SQL database. Application helped Corporate Trust to track contact information, treasuries, bond issuance, compliance documents, dividends, report generation and above all revenues. Acting compliance validation manager on the project.

· Served as the lead Project Manager/Business Analyst on the SunTrust Investment Services, Inc. purchase and deployment of the Verint Ultra 9.2 phone recording system. Training, deployment and the usage of the online manager’s Ultra 9.2 control panel. Served as the lead Business Analyst for the Verint Ultra 9.3 upgrade. Ensured compliance adherence to FINRA recording requirements. Acting implementation compliance manager.

· Reverse engineered the annuity processing application called AnnuityNet for SunTrust Investment Services, Inc. Performed data mapping from AnnuityNet data set into existing data warehouse. Lead compliance requirements talks with vender. Implemented and tested the annuity distribution rule of funds via debit card system. Designed data warehouse to be BSA/AML data extraction efficiency in mind.

· Reverse engineered the life insurance processing application called AgencyWorks for SunTrust Insurance Services, Inc. Performed data mapping from AgencyWorks data set into existing data warehouse. Lead AML requirements talks and gathering. Validation of the processes and procedures adhere to Insurance compliance requirements.

· Captured current business workflow, processes and re-designed utilizing Six Sigma methodology for future state and create gap analysis/implementation plan for the Filenet product to be deployed to Retirement Services and Shared Resources groups. Validated application meets BSA and FINRA retention requirements. Acting compliance validation manager on the project.

· Planned, assisted and coordinated with roll out of the Forecaster Web and Professional Web product to the Financial Planning Group. Validated compliance requirements are met as the technology compliance officer.

· Managed multiple level vender and LOB experiences and relations (Includes international).

COMMITTEES

· American Bankers Association (ABA) – Member (Current)

· Anti-Money Laundering Strategic Leadership Group – Member (Current)

· Capital One 2007 Volunteer of the year award nominee and 2008 Team Winner

· Annual New Orleans Habitat for Humanities Volunteer

PROJECT MANAGEMENT TECHNIQUES AND APPLICATIONS

Boston University – Principle and Technique of Project Management, Lockheed Martin – Requirements with Use Case, Borland Requirements Mapping and Validation, American Bankers Association (ABA) – Compliance Seminar/AML, Six Sigma and Best Practices.

COMPUTER/SYSTEMS SKILLS

MS Office Suite, Project Server, CaliberRM, Bloomberg, ADP systems, National Financial Systems (FBSI + Streetscape), Pay Plus, Pay Express, SEI (Trust Accounting System), AnnuityNet, AgencyWorks, Forecaster (Web), Verint Phone System, Lucent CentreView Supervisor, NICELOG, Blue Pumpkin (WFM), Fiserve, Pivotal, Web Plaid, SalesForce.Com, EAI, Imagio, FileNet, Fetter logic, Cytrix, Banker’s Almanac, World-Check, Choice Point Bridger, Actimize, Lexis Nexis, Sunrise, RFID Technology, Risk Assessment Forms, HTML, DTML, Java Scripts, ASP, and SQL Database.

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