Manager Management

PETER DESTOUNIS 732-***-****

** ****** **** **********, ** 07748 *************@*****.***

SENIOR BSA/AML COMPLIANCE PROFESSIONAL

Experienced BSA/AML specialist providing BSA/AML risk management solutions to Foreign &

Domestic Financial Institutions.

SUMMARY OF QUALIFICATIONS

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• Experienced in the development and implementation of AML/BSA/OFAC policies and

procedures

AML compliance Subject Matter Expert (“SME”)

•

• Extensive experience in performing Regulatory Compliance Testing and Auditing of

Commercial Banks both Domestic & Foreign

Strong knowledge of complex bank business lines such as Private Banking, Trade Finance,

•

Correspondent Banking, Embassy/Consulate etc.

Experienced in assessing a financial institution’s risk-based AML/BSA/OFAC compliance

•

program and developing the associated Risk Assessments

Solid knowledge of AML monitoring, analysis and surveillance techniques

•

PROFESSIONAL EXPERIENCE

VP Compliance Manager-AML/BSA/Regulatory

Integrated Compliance Solutions, Moorestown, NJ 2007-Present

The Professional Compliance Services listed below have been performed at the following institutions-

Goldman Sachs Bank, Holding Ltd., DOHA Bank, Euro Bank, National Bank of Pakistan, Habib

Bank Limited, Banco Estado De Chile, Banco de Chile, Savoy Bank, Patriot National Bank, Bank

Leumi, Woori Bank, Pamrapo Savings Bank and New York Community Bank ;

Perform BSA/AML Testing to assess the adequacy of a Financial Institution’s BSA/AML

Compliance Program

Perform risk assessments of business activities to assure regulatory compliance

Develop and provide AML/BSA & OFAC Policies & Procedures

Escalate and report compliance deficiencies to Chief Compliance Officer

Follow up with BSA Compliance Officer to ensure issue resolution

Provide advice and guidance to BSA Compliance Officer and senior management

relating to regulatory compliance examinations

Liaison with Regulators when required

Provide AML/BSA training to BSA Compliance Officers and their staff

Routinely advise BSA Compliance Officer of emerging compliance risks

Assist clients with AML surveillance and SAR reporting

Participated and managed a staff of investigators/analysts during a look-back of wire

transfers, cash transactions, demand drafts and pouch activities

Senior Internal Auditor-AML 2005-2007

Commerce Bank NA, Cherry Hill, NJ

Advise Senior Management of each Business Division within the Bank of any potential AML/BSA

reputational and/or regulatory risks identified and provide guidance to ensure that appropriate

enhancements to Policy and Procedures and internal controls are implemented to help mitigate the

AML Risks associated with their Business Unit.

Prepare and formulate Audit Programs and Risk Assessments.

Conduct Audits for each individual business line to determine the level of compliance with

respect to the regulatory requirements of the BSA and Federal Regulators.

Draft and issue Audit Reports to respective departments/areas detailing review findings and gaps

in policies & procedures.

Work with Senior Management to remediate AML deficiencies identified and stress the

importance of maintaining strong internal controls and the fostering of a compliance culture.

Compliance Officer-Anti-Money Laundering 2005

Western Union-First Data Corporation, Greenwood Village, CO

Performed AML/BSA reviews on agents within my assigned territory

Developed AML/BSA Compliance Policy & Procedures in order to help manage their AML

risks.

Produced Reports detailing audit/review findings

Staff Auditor-Financial Surveillance 2001-2004

New York Mercantile Exchange

Conduct audits of the books and records of Member Firms to ensure compliance by the member

firm to the CFTC and NYMEX Exchange Rules and Regulations.

Employ testing procedures in accordance with generally accepted auditing standards.

Follow formal audit procedures noted within the futures industry’s Joint Audit Program. Prepare

descriptive and supportive audit work papers.

Communicate findings to audit team leader and consult regarding resolutions.

Staff Auditor-Compliance 1996 – 2001

Compliance Supervisors Inc, Hazlet, NJ

Performed on-site inspections of Guaranteed Introducing Brokers and Branch Offices.

Audited and inspected their operations and documentation to ensure that all GIB’s and Branch

Offices were in compliance with the National Futures Association and the Commodity Futures

Trading Commission’s rules and regulations.

Prepared descriptive and supportive audit work papers and issued audit reports.

EDUCATION

University of Windsor, Ontario, Canada

BA Degree

CAMS-Certified Anti-Money Laundering Specialist

COMPUTER SKILLS:

• Microsoft Applications

• Actimize AML Software

• Prime BSA/AML Software

• Gifts (EDD)

OTHER SKILLS

• Fluent in Greek

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