Manager Assistant
Resume:
Joseph Mark Filippo
Palos Heights, IL 60463
708-***-**** 708-***-**** ******.*.*******@***.***
SELECTED ACCOMPLISHMENTS
Primarily responsible for the development of the AML client risk rating system for Toronto Dominion Bank, N.A. This risk rating system determined bank’s the AML risk appetite for each individual client.
As part of a senior management selected team, created and implemented policies and procedures that led to the rescission of the Federal Reserve Bank’s “Cease and Desist Order”. This was ABN AMRO Bank N.V.’s number one worldwide, “Goal to Achieve”.
Assisted in the initial set-up of LaSalle Bank Corporation’s Sarbanes-Oxley (SOX) and Federal Deposit Insurance Corporation Improvement Act (FDICIA) projects.
Created USA PATRIOT ACT procedures that streamlined the due diligence process saving the bank financial and human resources.
Supervised various fraud investigations and assisted in uncovering millions of dollars in several fraud cases that included fraudulent teller transfer tickets and the creation of fictitious loans by Loan Committee members.
Manager responsible for coordinating, assessing risk, and verifying the completion of audits for all LaSalle Bank branch offices in the States of Illinois, Wisconsin, and Indiana.
Noted Community Reinvestment Act exceptions that lead to changes on the Northern's public website.
At the request of senior management, worked on special projects such as assisting Government Regulators, examining policies and procedures for continuity and internal control weaknesses, and evaluating user acceptance testing when converting to a new proprietary subsystem.
PROFESSIONAL EXPERIENCE
Professional Consulting:
JPMorgan Chase I Aerotek (Ashton Carter), Oak Brook, IL July 2017 – August 2018
Contracted Anti-money Laundering Investigator
Know Your Customer (KYC) On-boarder contracted by JPMorgan Chase, a leading global financial services firm with assets of $2.6 trillion trusted with the task of accurately completing JPMorgan’s proprietary Know Your Customer (KYC) documents for final approval by senior management.
May 2018 – August 2018
Quality Control Analyst responsible for reviewing KYC files to determine compliance with Section 326 of the Patriot Act (CIP Program) and JPMorgan On-boarding Guidelines.
In charge of clearing all edits and composing final version of the KYC file for senior management approval..
Accountable for fulfilling daily file review requirements
July 2017 – April 2018
Utilizing the bank’s on-hand documentation along with internet searches to complete the required KYC documentation for client on-boarding.
Tasked with contacting bank personnel at all levels in order to obtain all outstanding documentation required to finalize the KYC file.
Responsible for meeting the prescribed deadlines for finishing assigned KYC files.
Professional Consulting:
Capital One, N.A. I Strategic Staffing Solutions, Detroit, MI July 2015 – July 2017
Contracted Anti-money Laundering Investigator
Senior Anti-Money Laundering Investigator contracted by the Capital One, N.A., one of the nation’s ten largest banks with the Capital One Financial Corporation having assets of $309 billion charged with indentifying the opening of accounts by Specially Designated Nationals, Politically Exposed Persons, and Special Interest Persons.
Via research tools such as Lexis Nexis, Dow Jones, Credit Browser, and internal bank systems determine the acceptability of the individual/company representative opening the account.
Responsible for prevented existing customers with relationships designated for closure from opening additional accounts.
Assisted in the training of new co-workers on utilizing search tools and identifying individuals/entities that should not be allowed to open new accounts.
Joseph Mark Filippo 708-***-**** 708-***-**** Page 2
Professional Consulting: October 2014 – June 2015
BMO Harris Bank, N.A. I Tigroup, Chicago, IL
Contracted Anti-money Laundering Investigator
Senior Anti-Money Laundering Investigator retained by the BMO Financial Group, a highly diversified financial services provider based in North America with total assets of $589 billion to perform AML transaction reviews on high risk clients.
Examined transaction activity of high risk client accounts to identify the presence of money laundering activity.
Verified that high risk clients complied with various requirements as prescribed by Financial Crimes Enforcement Network (FinCEN).
Assessed the risk rating of high risk customers utilizing factors such as the client’s geographic location, bank products and services requested by the customer, and the client’s industry.
Royal Bank of Scotland, Plc, Chicago, IL March 2012 – October 2014
Vice President, Compliance/ Financial Crime Quality Assurance
Quality Assurance individual recruited by the world’s ninth largest bank to verify compliance with the USA PATRIOT Act and other related anti-money laundering and sanctions laws and regulations.
Created improvements within the business line’s Quality Review function to better identify issues with the Client On-boarding and Risk Rating process.
Discovered inconsistencies between the institutions global and local Anti-Money Laundering Policy.
Unilaterally composed a test step program that resulted in detecting an inconsistency within the bank’s Funds Availability Policy document distributed to customers.
Participates in clearing issues noted by Internal Audit and government Examiners.
Professional Consulting:
July 2011 – March 2012
Toronto Dominion Bank, N.A. I Procom Services, Toronto, Ontario
Contracted Certified Anti-money Laundering Specialist
Anti-Money Laundering Specialist engaged by the seventh largest financial institution in the U.S. to remediate the “Matters Requiring Attention” issued by the Office of the Controller of the Currency.
Facilitated the approach for Anti-Money Laundering/Terrorist Financing risk-rating for commercial and retail clients.
Authored the User Guide Procedures for the Risk Rating Methodology that was instituted.
Participated in the User Acceptance Testing of the Risk Assessment Form that was developed.
Teamed-up on several committees overseeing the various issues requiring resolution by the Office of the Controller of the Currency.
Professional Consulting;
2010
Northern Trust Corporation I Randstad, Chicago, IL
Contracted Auditor, Compliance Division of Audit Services
Internal Auditor with the capability to immediately impact the completion of audits for a global financial institution with $80 billion in assets, $3.6 trillion in assets under custody, and $603 billion in assets under management.
Performed compliance audits based on risk assessment and specified Government Regulations.
Summarized all Compliance audit findings from the previous year and produced a report used by Senior Management to assess risk and subsequently develop the upcoming year’s audit schedule.
Noted Community Reinvestment Act (CRA) exceptions that lead to changes on the institution's public website.
ABN AMRO Bank N.V., Chicago, IL
2005 - 2010
Assistant Vice President, Due Diligence
Analyzed and approved the on-boarding of perspective clients and served as acting manager in the absence of my direct manager for the fifteenth largest financial institution in the world with assets of $940 billion.
Reviewed third party company reports, (e.g., Dun & Bradstreet, Lexis Nexis, Bloomberg) to determine the viability and risk of anti-money laundering transactions.
Opined on security check hits to determine whether client should be on-boarded and thereby preventing the processing of money laundering transactions.
Mentored and trained new analysts pertaining to policies and procedures training to facilitate best practices.
Joseph Mark Filippo 708-***-**** 708-***-**** Page 3
LaSalle Bank Corporation, Chicago, IL 1986 - 2005
Assistant Vice President, Audit Supervisor (2000 – 2005)
Assessed risk, developed, implemented, and directed the annual audit plan for the General Banking Practice Group.
Responsible for directing financial and operational audits for the General Banking Practice Group that included commercial loans, consumer loans, wire transfers, ACH, Payroll, Item Processing, Due From Banks, ATM’s, demand deposits accounts, savings accounts, certificate of deposits, and general ledger reconciliations.
Assisted in the initiation of LaSalle Bank Corporation’s Sarbanes-Oxley (SOX) and Federal Deposit Insurance Corporation Improvement Act (FDICIA) projects.
Supervised various fraud investigations and assisted in uncovering millions of dollars in several fraud cases that included fraudulent teller transfer tickets and the creation of fictitious loans by Loan Committee members.
Manager responsible for coordinating, assessing risk, and verifying the completion of audits for all LaSalle Bank branch offices in the States of Illinois, Wisconsin, and Indiana.
Liaised with International, U.S. Federal, and State Government examiners.
Pilot project member of LaSalle Bank’s development and training for supervisors.
Guaranteed completion of the annual audit plan.
Senior Audit Officer (1992 – 1999)
Formalized audit programs and accountable for individual audits from the initiation stage through the implementation of audit recommendations.
Reviewed workpapers of staff auditors.
Created and distributed audit reports with recommendations to CEO and Board members.
To ensure best practices, assisted in the training of new employees.
Staff Auditor - Staff II Auditor 1986 – 1991
Performed the more complex audit steps.
Performed operational and financial audits for various areas and assisted in the training of new employees.
Cole Taylor Bank Corporation, Chicago, IL
1982 - 1985
Staff Auditor
Performed audit steps within the budgeted hours.
Performed operational and financial audits for various areas and aided external auditors in their year-end review.
EDUCATION
Masters of Business Administration, Finance, DePaul University, Chicago, IL
Bachelors of Science, Accounting, DePaul University, Chicago, IL, Dean’s List
MEMBERSHIPS
Member of the Association of Certified Anti-Money Laundering Specialists
CERTIFICATIONS
Certified Anti-Money Laundering Specialist (CAMS)
Certified Financial Service Auditor (CFSA)
Certified Risk Professional (CRP)
TECHNICAL SKILLS
Excel, Word, PowerPoint, Microsoft Office, Lotus Notes, and Auditor Assistant electronic workpapers
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