Commack, NY *****
AARON ROSENBAUM, M.S., CAMS
Results oriented professional with multi-faceted experience in the financial services industry including expertise in Anti-Money Laundering (AML), Compliance, Market Surveillance, Regulatory Risk, Risk Management, Internal Audit, Project Management, Bank Fraud, and Business Analysis. Dedicated, highly motivated to succeed with a strong sense of integrity and an exceptional work ethic. Undertakes complex assignments, thrives under pressure, meets tight deadlines, and consistently delivers superior performance. Proven team leader with solid judgment skills and effective and persuasive communication skills. Superb client relationship management and interpersonal skills. Analytical and strategic thinker with strong written skills.
Specializations include: Compliance Monitoring and Testing, 1940 Act, Volcker Act, Actimize, Mantas, UAT Testing/Management, Bank Secrecy Act (BSA), Patriot Act, Know Your Customer (KYC), Enhanced Due Diligence (EDD), Counter Terrorist Financing (CTF), OFAC Screening, Correspondent Banking, Financial Crimes Investigations, Customer Due Diligence (CDD), Fraud Investigations, Suspicious Activity Reports (SARs), Currency Transaction Reporting (CTR), NYSDFS Part 504, Quality Assurance (QA) and Quality Control (QC) of SARs, AML Transaction Monitoring, and Staff Supervision and Management.
ADR CONSULTING, COMMACK, NY (2020)
INDEPENDENT CONTRACTOR (2/2020-PRESENT)
Provided AML, Risk, and Fraud consulting services as an independent contractor.
ACTIMIZE, HOBOKEN, NJ
SENIOR PROJECT MANAGER/TECHNICAL ACCOUNT MANAGER (2/2019-1/2020) (2019-2020)
Managed a portfolio of Software-As-A-Service (SAAS) Cloud-based Client engagements focusing on Fraud and AML implementations
Served as Subject Matter Expert for Client portfolio by providing guidance and expertise in creation of Fraud and AML detection scenarios
Provide program and project management expertise in implementing cloud-based software installations utilizing Amazon Web Services
Mentored and trained less experienced team members on fraud detection scenarios, including check kiting detection
DEUTSCHE BANK, NEW YORK, NY
SENIOR TECHNICAL PROJECT MANAGER (8/2018-1/2019) (2018-2019)
Senior program manager covering global Mantas upgrade and Actimize installation for Global Transaction Banking line of business.
Managed process for NYSDFS 504 certification and responsible for control certification process for Technology in Anti-Financial Crimes division.
Reviewed and approved new controls employed to guarantee compliance with NYSDFS 504.
Designated Officer in charge of completing Audit follow-ups for technology on outstanding items from Internal Audit and external regulators including the Federal Reserve.
Led management information reporting process for project deliverables, budgeting and forecasting for presentation senior management and external regulators for consent order projects
Team manager for DFS504 process managing team of 10 associates. Utilized MIS reporting in order to load balance workload of team members for improved efficiency and ensure team deadlines were adhered to
ACCUME PARTNERS, NEW YORK, NY
MANAGER, BSA/AML INTERNAL AUDIT (10/2017-5/2018) (2017-2018)
Led BSA/AML audits of clients by testing policies, procedures, and data from a risk-based perspective.
Managed client site audits covering transaction monitoring, model validation, and NYSDFS rule 504 audits.
Conducted CCO certification process to document compliance with NYSDFS Rule 504.
Provided guidance to foreign banking clients regarding rules and regulations as a Subject Matter Expert and trusted advisor in AML and BSA related matters.
Reviewed annual risk assessments and tested BSA/AML compliance program for adherence to regulations, policies, and procedures.
Completed model validations and audits of MANTAS, ACTIMIZE, GIFTSEDD, and PATRIOT AML systems.
PERFICIENT, BOSTON, MA (2017)
LEAD CONSULTANT/ PROJECT MANAGER (6/2017-9/2017)
Conducted Sales Practice review of Retail Banking Client’s sales and incentive compensation plans in order to determine potential sales practice and Code of Ethics violations as part of a four-year look-back project. This project is in response to an OCC examination and consent letter.
Team leader responsible for managing a team of 15 consultants.
Responsible for a review process of account lookback searching for potential misconduct in opening unauthorized accounts of clients by bank staff to hit sales targets for compensation plan.
ADR CONSULTING, COMMACK, NY (2015-2017)
INDEPENDENT CONTRACTOR (8/2015-6/2017)
Provided Compliance and AML consulting services to start-up businesses as part of their feasibility studies prior to launch.
Performed pre-launch assessments of proposed Registered Investment Advisors and Broker-Dealers in terms of Compliance and AML requirements. Provided written assessment of findings and presented these findings to clients.
CITIBANK, NEW YORK, NY (2014-2015)
VICE PRESIDENT- SENIOR PROJECT MANAGER/ BUSINESS ANALYST (3/2014-7/2015)
Senior project manager and team leader on two global projects for the Anti-Money Laundering group. Included in my duties, I performed a cost-benefit analysis for Global Watch List project in order to get project sponsor to initiate project.
Managed the planning and execution of multi-year Risk and Control Self-Assessment projects for AML Monitoring. Designed questionnaires utilized by AML Monitoring in order to complete annual Risk certification assessments. Created metric reports and executive dashboards for upper management scripted using various Oracle and SQL server tools.
Developed and authored various documents for projects which enabled the projects to move closer to completion.
Managed escalations and issues within my assigned projects in order to rectify issues with various stakeholders.
Provided technical guidance and expertise to junior team members in order to complete project milestones necessary for project closure.
Organized, planned, and led project planning meetings in order to complete assigned tasks for both of my projects.
Identified and documented project constraints, risks, and issues and worked with subject matter experts to resolve these issues in order to have projects meet milestones and deadlines.
BANK OF AMERICA MERRILL LYNCH, NEW YORK, NY (2010-2014)
VICE PRESIDENT (9/2010-3/2014)
Promoted to Vice President-BSA and AML Surveillance Monitoring Manager. Managed team of 5-7 analysts who conducted transaction monitoring investigations with specific focus on post-trade investigations within the broker-dealer, and institutional client segments for Compliance Monitoring and Testing. The review process included reviewing the account opening documents, any due diligence documents, and comparing them with trade exception reports.
Oversaw annual risk review process for customers, including providing feedback and correction to analysts. and was responsible for approving the customer risk ratings
Responsible for escalation process for my team, including issues regarding risk ratings as well as trade surveillance issues that required input from senior management.
Designed AML surveillance models specifically for Broker Dealer customers, focusing on High Net Worth Retail and Middle Markets Institutional client. Officer in charge of all testing, documentation, and implementation of new trade surveillance Conducted UAT testing and created training for other surveillance analysts for new options, derivatives, commodities, and futures trading.
Created risk assessment plan for the BSA and AML Surveillance Monitoring organization, whereby I analyzed and reported on any self-identified risk and control items and created the plans to remedy these items. Managed Risk and Control Self-Assessment process for surveillance department.
Led the investigative process for trade surveillance group, including developing the training, and created the methodology utilized to determine the complex financial relationships of the customer base
MORGAN STANLEY, NEW YORK, NY (2004–2009)
SURVEILLANCE MANAGER (1/2007–2/2009)
SURVEILLANCE ANALYST (1/2006–1/2007)
SENIOR COMPLIANCE EXAMINER (11/2004 – 12/2005)
CITIGROUP GLOBAL MARKETS, NEW YORK, NY (2003–2004)
BRANCH EXAMINER (2/2003-11/2004)
UBS PAINE WEBBER, NEW YORK, NY (2002–2003)
COMPLIANCE ANALYST (CONSULTING) (8/2002-1/2003)
INSTINET CORPORATION, NEW YORK, NY (1998-2002)
M.S. in Accounting, Zicklin School of Business-Baruch College, New York, NY February 2013
BA, History, Brandeis University, Waltham, MA, 1998
Series 7, 63, 55, 65, 9, 10, 24, and 4 licenses. CAMS Certification.