JOHN SILVER, CIA CFSA
**** ****** *****, *******, ** 27616 ? Residence: 919-***-**** Cell:
919-***-**** ? ************@*****.***
DIRECTOR OF internal audit / financial services
EXECUTIVE SUMMARY
Expert in: Internal Audit ~ Compliance ~ Sarbanes Oxley ~ Financial
Services Management
Consummate, high-energy executive who leads companies through change and
challenge. Strategic problem-solver who envisions smart solutions and
executes with urgency across all levels of the organization. Hands-on
leader with extensive internal audit experience who is able to keep teams
focused and productive. Outstanding strategist that is able to deliver
ground breaking results in highly competitive business markets. Skilled in
negotiating partnerships and alliances with a keen ability to assess the
adequacy of organizational controls.
CORE COMPETENCIES
SOX ~ Internal Control ~ Financial Budgets ~ Change Management ~ Policy
Development ~ Strategic Planning
Risk Management ~ Audit Committee ~ Productivity & Performance Improvement
COSO ~ FDICIA ~ CRA ~ Organization & Communication
RECENT EMPLOYMENT HISTORY
capital bank, Raleigh, NC
2004 - February 2010
Regional bank offering a broad range of personal and business financial
services, headquartered in Raleigh, NC.
Vice President / Director of Internal Audit
Leveraging broad competencies in internal auditing and SOX oversee
departmental goals, audit work schedules and programs, staffing and
financial budgets. Routinely and effectively communicate audit findings and
recommendations to various departments, senior management and the Audit
Committee. Effectively manage contact with external auditors ensuring a
collaborative environment. Serve as a non-voting member on various Bank
Committees.
Key Achievements
. Provided the impetus, vision and leadership to establish the Bank's first
Internal Audit Department.
. Through insightful leadership, accountability and business process review
directed a comprehensive program of internal auditing determining the
adequacy of internal controls and the degree of compliance with those
controls.
. Successfully led the Sarbanes Oxley 404 implementation, including
facilitating risk assessment sessions with management, testing of controls
and reporting to executive management and the Audit Committee.
Branch Banking and Trust co, Wilson, NC
1998 - 2004
American bank with assets of $165.3B as of June 2009, offering full-service
commercial and retail banking services.
Vice President / Internal Audit
Fully accountable for the expert management and successful progress of the
internal audit function. Created high-performance culture and measurable
processes by establishing clear audit objectives for audit teams and
monitored progress toward those objectives with a focus on high quality
results. Recommended improvements to strengthen overall risk management and
provided appropriate and meaningful management monitoring and reporting.
Maintained expert relations with and assisted in the coordination of audit
efforts with regulatory examiners and external accountants to ensure prompt
and efficient completion of examinations.
Key Achievements
. Provided leadership in the delivery of risk-based audit and consulting
services to ensure adequate, effective, and efficient audit coverage for
each capital market line of business.
. Participated with management by consulting on the implementation of new
processes and procedures, changes to existing ones; and related changes to
risk management systems and processes.
. Participate on committees/task forces from a risk management consulting
perspective.
JOHN SILVER
PAGE TWO
PREVIOUS EXPERIENCE
virginia first savings bank, Petersburg, VA
Regional bank acquired by Branch Banking and Trust Co. in 1998.
Vice President / Director of Internal Audit
Provided high level direction for departmental goals, audit work schedules
and programs, staffing and financial budgets. Communicated extensively
with various departments, senior management and the Audit Committee.
Automated the mortgage quality control function effectively enhancing
reports for senior management and assigned accountabilities.
Key Achievements
. Pioneered Bank's first Internal Audit Department and initiated a
comprehensive internal CRA (Community Reinvestment Act) assessment program
which resulted in the Bank earning its' first "Outstanding" rating from
the Office of Thrift Supervision.
. Served as Co-Chairman of task force responsible for evaluating and
documenting the institution's internal control systems as required by
FDICIA/COSO.
American express financial services, Richmond, VA
Diversified global financial services company, headquartered in New York
City.
Financial Planner
Drove corporate initiatives and provided individuals and businesses with
financial planning. Successfully obtained licenses to sell stocks, mutual
funds, life and health insurance, annuities and other investment products.
Goldman Sachs & co, New York, NY
A full-service global investment banking and securities firm.
Internal Auditor
Evaluated policies and procedures designed to control business and
operational risks associated with all trading and operational areas of
broker-dealer and investment bank.
Key Achievements
. Developed and helped implement recommendations to improve control
weakness.
. Provided internal consulting services for the proactive improvement of
existing controls and procedures related to all areas and functions of the
firm.
Margin Analyst
Monitored accounts for margin and other regulatory requirements. Interacted
and resolved operational problems, requiring extensive knowledge of how
each operational department functioned.
Key Achievements
. Resolved inquires concerning trades, dividends and deliveries for
assigned accounts.
. Monitored the firm and clients compliance with NYSE and SEC regulations.
EDUCATION AND PROFESSIONAL DEVELOPMENT
Bachelors of Business Administration, Accounting, Pace University, New
York, NY
Certified Internal Auditor, CIA
Certified Financial Services Auditor, CFSA
Series 7 & 66 and Property & Casualty Insurance Licenses, previously held.