Risk Management Compliance Testing

Elly Terry

****.*****@******.*** • 612-***-**** • Eden Prairie, MN • linkedin.com/in/elly-terry

SUMMARY

Compliance Professional with 5+ years of experience in compliance testing, auditing, and regulatory risk management within the financial services industry. Proven ability to deliver measurable results by reducing compliance risk exposure, streamlining testing processes, and strengthening audit readiness across multiple departments. Skilled at executing end-to-end compliance reviews, risk assessments, and internal control enhancements to ensure adherence to federal and state regulations.

CORE COMPETENCES

Compliance Testing & Monitoring • Risk Assessment & Internal Controls • Federal & State Regulatory Compliance • Consumer Protection (UDAAP, Fair Lending, BSA/AML) • Audit & Examination Readiness • Regulatory Reporting & Documentation Technical & Analytical Skills • Project Management & Process Optimization • Data Analysis & Risk Documentation • Microsoft Office Suite (Excel, Word, PowerPoint, Project) • Google Workspace (Docs, Sheets, Slides) • Agile, Waterfall, and Hybrid Methodologies • SQL • JIRA

EXPERIENCE

HSBC, Project Manager

Jan 2025 - Jun 2025

Led the end-to-end project delivery across risk, compliance, operations, and technology initiatives within HSBC’s global banking framework.

Successfully delivered a multi-million-dollar regulatory reporting transformation project, improving compliance with global regulatory standards and reducing audit findings

Coordinated cross-functional teams across business units, compliance, technology, and external vendors to drive project execution.

Monitored project risks, issues, dependencies, and budgets, implementing mitigation strategies to keep initiatives on track.

Prepared and presented project status reports, dashboards, and governance materials to senior leadership and steering committees.

TEKSYSTEMS (BMO Bank N.A), Senior Business Consultant, Governance & Compliance

May 2023 - Jan 2024

Served as a business consultant on the Heightened Regulatory Expectations Project (HREP), ensuring compliance with regulatory requirements (OCC, FRB, OSFI, Basel standards).

Played a key role in achieving regulatory sign-off, supporting BMO’s ability to demonstrate improved governance, risk management, and compliance controls.

Partnered with risk, compliance, and finance teams to analyze regulatory reporting processes, identify control gaps, and recommend enhancements.

Supported the implementation of enhanced risk controls, testing data quality, reconciliation, and governance measures across reporting functions.

Wells Fargo Bank, Operational Risk Officer, Corporate Risk

Oct 2015 - Dec 2022

Administered Wells Fargo’s compliance testing program, conducting end-to-end reviews to ensure adherence to federal/state laws and internal policies.

Identified and remediated critical compliance gaps, preventing potential enforcement actions and regulatory penalties.

Collaborated on new product rollouts, embedding compliance controls and reducing launch-related compliance risks by 25%.

Led documentation initiative that improved audit readiness scores by 40% during internal audit and regulatory exams.

Consistently recognized by leadership for producing accurate, detailed, and timely compliance reports under tight deadlines.

Coordinated compliance risk assessments and control inventories, producing actionable reports to strengthen regulatory readiness.

Partnered cross-functionally with Legal, Risk, Product, and Operations to evaluate compliance implications for new and existing products.

Presented compliance testing results to senior management, including remediation plans that reduced risk exposure.

Enhanced compliance methodologies, streamlining testing workflows and cut review turnaround times.

Signature Consultants (Bank of America), Change Manager

Mar 2014 - Oct 2015

Supported end-to-end change management initiatives to ensure compliance with federal and state banking regulations, internal policies, and audit requirements.

Reduced change-related compliance incidents by 30% through improved governance, risk assessments, and stakeholder engagement.

Coordinated regulatory testing and validation for system, process, or product changes to mitigate risk and maintain audit readiness.

Monitored and reported compliance risks and issues arising from operational or system changes, ensuring timely remediation.

Facilitated cross-functional governance meetings to review proposed changes, regulatory requirements, and risk mitigation plans.

Documented change management processes, approvals, and control logs to support regulatory reporting and internal/external audits.

Rose International (Wells Fargo Bank N.A), Business Analyst

Sep 2013 - Mar 2014

Collaborated with IT, Risk, Security, and Compliance teams to gather requirements for server decommissioning, ensuring alignment with regulatory and internal risk policies.

Documented business, technical, and compliance requirements for the decommissioning process, including retention policies, data migration, and backup procedures.

Created process flows, use cases, and functional specifications to guide IT teams during decommissioning activities while mitigating risk exposure.

Facilitated cross-functional meetings to ensure all stakeholders understood project risks, timelines, and dependencies.

Developed and maintained risk and issue logs, tracking remediation plans and escalation to project leadership.

Randstad International (Bank of America), Risk Analyst

Oct 2012 - Sep 2012

Conducted risk assessments across Home Lending and Consumer Lending portfolios, identifying emerging risks in credit, compliance, and operational processes.

Improved regulatory exam readiness by leading documentation clean-up, resulting in zero major findings during internal audit.

Monitored loan performance trends and delinquency rates to detect early warning indicators of default.

Partnered with underwriting, compliance, and audit teams to ensure adherence to regulatory standards (CFPB, OCC, FDIC requirements).

Reviewed and analyzed credit policies, consumer disclosures, and lending practices to mitigate potential financial and reputational risks.

Wells Fargo Bank N.A, Project Coordinator

Sep 2009 - Oct 2012

Supported the Wachovia/ Wells Fargo merger of Banking users migrating onto the Wells Fargo platform.

Successfully migrated and converted system access of users and applications following the merger/ acquisition while ensuring business continuity with minimal to zero disruption.

Spearheaded the development and delivery of comprehensive user training programs for the new access procedures, ensuring a seamless transition and minimizing helpdesk support inquiries.

Tech Group – West Pharmaceuticals, Project Lead

Jun 2006 – Jul 2009

Optimized production processes and reduced process waste of manufactured products significantly utilizing Six Sigma.

Applied lean Processes to drive efficiencies across the production floor.

Designed floor layout changes using 5S tools to facilitate the free flow of product parts from production cells to assembly area.

EDUCATION

Davenport University

Master • Strategic Management • 2013 - 2013

Davenport University

Business Administration • 2009 - 2009

CERTIFICATIONS

Project Management Professional (PMP)

PMI •

Professional Scrum Master I (PSM I)

Scrum.org

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