EXECUTIVE SUMMARY

oExperienced Internal Audit professional with a focus in community bank management, management of the internal audit function, internal audit standards/best practices, internal control evaluations, risk management, regulatory compliance, commercial/mortgage bank administration, as well as fraud investigations.

oPositive attitude for evaluating systems of internal control, mitigating enterprise wide risks from a financial, operational and compliance perspective; as well as, delivering effective/efficient financial/operational recommendations and solutions.

oKnowledgeable of the COSO (Committee of Sponsoring Organizations of the Tread way Commission) control framework methodology; FDICIA (Federal Deposit Insurance Corporation Improvement Act); Control Objectives for Information Technology Systems (COBIT); and Sarbanes Oxley documentation/verification methodologies.

oExperience in building/motivating talented teams, continuously providing members with the training, support, resources, and guidance to exceed organizational objectives.

PROFESSIONAL EXPERIENCE

ACCESS NATIONAL BANK (FORMERLY MIDDLEBURG BANK) Leesburg, VA Internal Auditor 09/2015 to 04/2018 Community Bank with $2.8B in assets. Responsible for conducting internal audits of finance, operations, and regulatory compliance areas of the bank; reviewing and evaluating internal controls; making recommendations for the corrective actions and/or improvement of internal, operational, compliance and management control systems; as well as organizational unit performances.

oConducted internal audits and reviews, as needed based on audit universe.

oPlanned work on assigned segments of the audit pertaining to internal audit universe.

oMaintained bank practices and records for compliance with established internal policies and procedures.

oDetermined the records or activities to analyze, the extent of tests to apply and the working papers to prepare.

oReviewed transactions, documents, records, reports, and methods for accuracy and effectiveness.

oPrepared acceptable working papers that record and summarize data on the assigned audit program.

oHeld preliminary discussions of apparent deficiencies with appropriate personnel to verify and to obtain explanations of and reasons for each apparent deficiency.

oReported the results of audit findings for the assigned segments of the audit and makes recommendations to appropriate management based on regularly scheduled audits, non-scheduled audits and when issues need to be addressed by management.

oPerformed quarterly SOX (Sarbanes Oxley) key control testing based on current documentation maintained by internal audit and documented by key business owners.

oFollowed audit universe timing schedule communicates to management if timing cannot be met.

oDocumented hours of completion each audit assigned and tracks budget to actual timelines for future scheduling needs.

oPerformed other duties as required related to the Risk Management department needs.

oAssisted in the performance of special reviews at the request of management.

oAttended training sessions and seminars to maintain adequate knowledge.

oResearched and documented appropriate internal audit work programs steps.

WILLIS ASSOCIATES Purcellville, VA Owner/Managing Director 10/1998 to 8/2015 Financial Institution Consulting and Outsourcing Service Company, providing strategic financial expertise, consulting, and internal auditing services for financial institutions including risk management, internal audit, regulatory compliance, merger/acquisition due diligence, asset based lending covenant verification, and loan review outsourcing services.

oExecuted multiple client engagements, orchestrating project planning, logistics, budgets, and objectives/scope of work, staff assignments, and delivery services.

oProvided onsite guidance and support to ensure achievement of project objectives.

oApproved and summarized results and recommendations for department heads, senior management, and the Audit Committee of the BOD; devise strategies and action plans to address findings, mitigate risks, and improve efficiency.

oFacilitated cost effective financial and operational processes to boost client satisfaction, increase productivity, and mitigate risks.

oProvided training seminars to financial institution directors, management, and staff on risk management methodologies, internal audit administration, regulatory compliance administration, credit administration, documenting internal control evaluations and merger/acquisition due diligence.

Accomplishments include:

oConducted risk assessment, internal audit outsourcing, and consulting services for bank in Richmond, VA, identifying and reversing significant internal control weaknesses and operational inefficiencies.

oPerformed Retail Cost Analysis of Branches which resulted in the sale/closure of unprofitable Branches to improve the bank’s annual income.

oDelivered comprehensive recommendations resulting in overall CAMEL risk rating improvement from 5 to 2 while positioning the bank for the acquisition by a financial institution in Washington, D.C. Performed extensive internal audit of Fed Funds for a bank in Bethesda, Maryland.

oDiscovered extremely high balance in bank’s reserves for demand deposits, and recommended implementation of 3rd party vendor analysis software to reduce necessary reserves.

oSpearheaded reserve reduction from $6,000,000 to $250,000, enabling bank to engage alternative investment opportunities and increase potential annual income by $500,000+.

oPerformed pre-audit review of the Pentagon Federal Credit Union’s BSA/AML/OFAC internal controls prior to the NCUA Regulatory Examination. Findings and recommendations made and accepted by Pentagon Federal Credit Union management allowed the bank to receive a satisfactory examination review of their BSA/AML/OFAC policies and procedures. The NCUA stated that the pre-examinations results and changes implemented was a key factor in being provided a satisfactory rating.

oAnalyzed/flowcharted operational functions of a new “Just-in-Time” inventory system for a VA cable company to determine inefficiencies and identify the significant weaknesses within the software, which fundamentally couldn’t be used by several of the operational departments. Findings and recommendations allowed management to identify to the software vendor changes needed to fully utilize the software and achieve the cost and operational efficiencies the company was seeking.

oOwner of a government contracting firm had lost $6M in six months. Analyzed financial records and individual project cost accounting and found internal control weaknesses in the project management monitoring reports. Findings allowed management to renegotiate the costs of several government contracts which were losing money monthly. In addition, found a lack of internal controls in several general ledger accounts and identified two principal payments to the organization’s operating line of credit which had not been posted to the outstanding loan balance, allowing management to recover nearly $125K in accrued interest. Through our findings and recommendations, the organization returned to profitability within a four-month period and successfully went public six months later.

oManaged the compliance internal control evaluation project verification of the seven authorized income streams to Freddie Mac’s Operational Charter.

CALEDONIAN ASSOCIATES, INC. McLean, VA Partner/Managing Director 6/1994 to 10/1998

International Financial Consulting Firm. Primarily by providing consulting/training services in the areas of commercial/mortgage banking, risk management, accounting financial management (GAAP, GAAS, and IAS), internal control systems, external/internal auditing, regulatory examinations, asset-liability management, credit administration, strategic planning, market-based economics, institutional and financial reform to USAID prime contractors working in Eastern Europe, the Newly Independent States (formerly the USSR), and Africa.

oMarketed services/expertise to USAID Prime Contractors, USAID, World Bank, and International Monetary Fund.

oAnalyzed individual project objectives from the scope of the Requests for Proposals (RFP) and drafted individual project schedules and budgets.

oDeveloped individual project schedules, obtaining/organizing individual expert consultant’s work, staff assignments, and delivery services.

oExecuted multiple client project engagements, orchestrating logistics, monitoring project process and budgets.

Accomplishments include:

oProvided three extensive market-based economics technical assistance programs to members of the Tajikistan’s government and private sector business personnel. A USAID follow-up evaluation of the program stated that the assistance provided was one of the most successful programs provided to the government of Tajikistan in a five-year period.

oAdministered training programs on conducting safety/soundness/regulatory examinations of Central Bank Field Examiners from the Czech Republic, Slovakia; Bosnia/Herzegovina; Hungary; Slovenia; Namibia; Tanzania; Uganda; and Ghana; (in coordination with the OCC).

oProvided a technical assistance program on coordinating the on-site and off-site monitoring efforts to evaluate the risk assessment process for examining financial institutions by the National Bank of Slovakia.

oProvided US Study tours for Eastern European Central Bankers (Economist, Financial Analyst, and Operational Personnel) of the US Banking System’s Federal Regulatory Organizations in including but not limited to the FFIEC, the Board of Governors of the Federal Reserve, the individual Federal Reserve District Banks, the FDIC, the OCC, the OTS, the NCUA.

MONTGOMERY COUNTY PUBLIC SCHOOLS Rockville, MD IT Audit Manager 9/1992 to 6/1994 Municipal Public School System with a $1B Operating Budget

oCreated and executed a comprehensive internal audit work of the Information Technology Department.

oDeveloped a software program to assist individual school bookkeepers and finance personnel in the preparation of annual financial reports and income statements using FoxPro, a pc database software program.

oPerformed financial and operational internal audits of individual school operations.

oConducted several fraud investigations involving teacher conduct and school store operations.

Accomplishments include:

oIdentified significant internal control weaknesses, inefficiencies, and effectiveness in the corporate management controls over the Information Technology Department.

oDeveloped policies and procedures for school bookkeepers and financial managers in evaluating risks of their banking activities.

oIdentified significant internal control weaknesses in school store operations, which lead to the loss of $750,000 income over a five-year period.

HALLMARK BANK & TRUST COMPANY Springfield, VA VP/Internal Auditor 4/1990 to 8/1992 Community Bank with $100M in Assets operating in Northern Virginia

oManaged the corporate internal audit, loan review, regulatory compliance, and security functions.

oPresented the internal audit, regulatory compliance, loan review and security findings to senior management and the board of directors, concluding as to the effectiveness and efficiency of financial, operational, regulatory compliance, loan review and security internal controls.

FIRST AMERICAN BANCSHARES, INC. McLean, VA VP/Internal Audit Manager 5/1988 to 4/1990 Regional Bank with $16B in assets operating in the Southeastern party of the United States.

oManaged the information systems technical support staff within the internal audit department.

oSupervised the technical and operational internal audits of the bank holding company’s various information systems to determine adequacy and effectiveness of internal controls.

oCoordinated, developed, and supervised the recruitment and corporate training activities for the internal audit staff.

JAMES MADISON LIMITED / MADISON NATIONAL BANK Washington, DC VP/Audit Manager 3/1978 to 5/1988 Bank Holding Company with six subsidiary banks with total assets of $1B operating in the Washington Metropolitan area.

oManagement of the corporate internal audit staff.

oAttended corporate committee and operational division meetings to survey operational functions and bank activities to identify operational deficiencies and internal control system adequacies.

oReviewed and supervised the internal audit work performed by senior and staff auditors.

oPresented internal audit findings and recommendations to Senior Management and the Audit Committee of the Board of the Directors.

EDUCATION & CERTIFICATIONS & TRAINING

Bachelor of Science in Accounting / Information Technology

University of Maryland University College, Adelphi, MD

Audit Certificate (Nominated for Honors all 3 years)

University of Wisconsin - The Graduate School for Bank Administration, Madison, Wisconsin

Bank Administration Institute, Chartered Bank Auditor, CBA

Association of Certified Fraud Examiners, Certified Fraud Examiner, CFE

Institute of Internal Auditors, Certified Internal Auditor, CIA

EDP Auditors Association, Certified Information Systems Auditor, CISA

Contact this candidate