Linda L. Sam
***** ******** ***** . ******, ******** 80134 . Cell 720-***-**** .
abmrgk@r.postjobfree.com
SUMMARY
. Goal-oriented internal audit and compliance professional with a variety
of experience in:
- Internal Auditing - Financial Institutions
- BSA/AML/USA PATRIOT Act
- Compliance - Loan Review/Analysis
- Sarbanes Oxley (SOX)
- General ledger accounting - Leadership
- Project Management
. Dedicated professional with a strong internal value system and commitment
to excellence.
. Effective team player with exceptional communication skills and a
pragmatic approach to work.
. Experience in managing multiple projects simultaneously, including the
ability to work under pressure, meet tight deadlines, and utilize problem
solving skills to ensure project met stated goals and objectives.
. Proven problem solver who enjoys a challenge.
EXPERIENCE
Internal Audit and Financial Operations Professional (June 2004 to
Present)
Hudson Financial Solutions, Denver, Colorado (June 2004 - August 2006
and March 2010 to present)
. Documented, tested, and remediated SOX 404 key controls for several
industries.
. Streamlined a collection process for a money service business,
resulting in an increased collection activity from 8% to 65%.
Standardized processes for the ACH/AR group leading to less future
collection activity. Developed, documented, and led training
program for conformity. Implemented a cost recovery procedure
whereby the company could recover all collection costs incurred.
Jefferson Wells, International, Denver, Colorado (August 2006 -
present)
. Manage and perform financial, operational, and regulatory internal
audits, as well as lending reviews, under outsourcing or co-
sourcing arrangements, for clients representing financial services.
. Perform full cycle Sarbanes-Oxley (SOX) engagements for both
accelerated and non-accelerated filers; clients represent a variety
of industries, including financial services, manufacturing, mining,
software development, and a toy company.
. Designated specialist for financial institution engagements.
Financial services clients have included: Western Union, First
Data, Hercules Technology Growth Capital, Guaranty Bank, Jeffco
Credit Union, Sallie Mae Bank, Barnes Banking Company, Woodlands
Commercial Bank, and Guggenheim Partners, LLC
Examples of recent engagements include:
. Participated in an Internal Audit of a Reverse Mortgage Company.
. Managed a mortgage loan department audit and compliance loan
review for a community bank selling loans to investors. Audit
included review, testing, and recommendations of the quality
control program, investor contracts, applicable regulations, bank
policies, pricing, underwriting standards, and segregation of
duties. Recommended controls in three main areas to ensure
regulatory and investor compliance.
. Performed Bank Secrecy Act/Anti Money Laundering/Office of Foreign
asset (BSA/AML/OFAC) compliance audits including USA PATRIOT Act
for two financial services industries.
. Led an asset based lending (ABL) audit against accounts
receivables from seven countries, translating six different
currencies.
. Participated in a loan review of 560 commercial real estate loans
to determine the validity of the current loan grade assigned to
the credit. Several recommendations were made for adequate
controls to ensure proper ongoing grading of loans as well as
initial grading.
. Provided compliance assistance for a three month resource
engagement to an industrial bank. Performed BSA/AML work,
conducted vendor management research, prepared Board presentations
related to BSA/AML/CIP, and assisted with control documentation of
SOX testing. Also screened customer service calls for regulatory
concerns. Many compliance areas focused on Unfair and Deceptive
Acts and Practices (UDAP).
. Led a project to successfully roll out all outstanding aged Bank
Investigations for a money transfer services company. Analyzed
individual items and reclassified them in order for management to
measure their potential liability. Automated reporting processes
creating consistency, accuracy, and time-saving efficiencies.
. Participated in documenting accounting process (as is and to-be)
for a spin-off of two Fortune 500 companies, pre-spin-off.
INTERNAL AUDITOR, FINANCIAL INSTITUTIONS (January 2004 - June 2004)
Cherry, Bekeart & Holland, PLLC - a Regional Accounting and
Consulting Firm, Raleigh, North Carolina
Managed and executed the internal audit, loan review, and compliance
review functions in the MidCarolina region of the firm on a co-
source/outsource basis.
. Developed, implemented, and performed a mortgage quality control
program.
. Streamlined an online credit manual and risk rating system for a
Savings & Loan, saving the Bank several man-hours and thousands of
dollars in training.
. Performed detailed compliance audits [Bank Secrecy Act (BSA),
Office of Foreign Asset Control (OFAC), The USA PATRIOT Act, Anti-
Money Laundering (AML) Programs, lending compliance, and deposit
compliance]. Periodically conducted required annual training
sessions for personnel related to the Acts.
. Responsible for engagement management, building client
relationships, preparing and presenting proposals and reports to
management and/or Board members.
INTERNAL AUDIT, VICE PRESIDENT (August 2003 - January 2004)
Capital Bank - A Community Bank, Raleigh, North Carolina
. Implemented procedures to assist in compliance with Federal Deposit
Insurance Corp. Improvement Act (FDICIA) requirements for the
Bank's first year requirements.
. Assisted the Bank through a major transition of Management by
documenting and implementing internal control procedures.
. Coordinated and managed all current third party Internal Auditors,
Loan Reviewers, and Compliance reviewers.
. Documented and developed test plans for Sarbanes-Oxley Act (SOX)
section 404 requirements, including documentation of objectives,
controls, risks, processes, and test of effectiveness.
. Responsible for reporting issues to the Audit Committee on a
regular basis.
INTERNAL AUDITOR, FINANCIAL INSTITUTION PRACTICE (November 2000 -
August 2003)
Dixon Odom, PLLC (now Dixon Hughes, PLLC) - The largest CPA firm
based in the Southern U.S., Sanford, North Carolina
Planned, coordinated, and performed risk based internal audits,
compliance audits, and quality loan reviews of financial institutions,
primarily community banks in North Carolina.
. Developed, documented, and tested Sarbanes Oxley section 404
engagements. Documented key control activities and developed test
plans.
. Performed internal audits, quality loan portfolio reviews, and
compliance reviews. Also performed other projects, such as due
diligence reviews, as needed, and acted as support for external
auditors.
. Performed detailed compliance audits (BSA, OFAC, The USA PATRIOT
Act, AML Programs; lending compliance; and deposit compliance). In
addition, periodically conducted required annual training sessions
for personnel related to the Acts.
. Responsible for engagement management, building client
relationships, preparing and presenting proposals and reports to
management and/or Board members, and training of staff.
EDUCATION
BACHELOR OF ARTS (BA), ACCOUNTING
The College of Santa Fe, Albuquerque, New Mexico
ASSOCIATES OF APPLIED SCIENCES (AAS), BANKING & FINANCE
Fayetteville Technical Community College, Fayetteville, North
Carolina
PROFESSIONAL ASSOCIATION
Institute of Internal Auditors, Active member since 1996, former
officer, working towards CIA.