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project manager fha single family post claims review managing consultant resume example with 20+ years of experience

Jessica Claire
Montgomery Street, San Francisco, CA 94105 609 Johnson Ave., 49204, Tulsa, OK
Home: (555) 432-1000 - Cell: - resumesample@example.com - -
Summary

Skilled financial professional with over 10 years of financial services industry and 10 years of practical management experience. Expertly creates customized financial strategies to meet client needs.Diligent and driven compliance risk analyst who has achieved success in a variety of roles with increasing levels of responsibility. An effective communicator and team-builder with strong analytical, management and organizational skills. A Broad range of compliance regulatory knowledge as it impacts bank operations in all range of bank sizes. A broad AML/BSA regulatory compliance experience with expert knowledge of Regulation A-Z.

Highlights
  • Banking Risk and Compliance
  • Patriot Act
  • Dodd Frank Wall Street Reform Act
  • Consumer Protection Laws
  • Basel I, II, and III
  • EU/EMA Directives
  • Suspicious Activity Reporting
  • Ensure key compliance enhancement, i.e. Fair Lending, etc.
  • Anti-Money Laundering
  • Information Security & Cyber Crime Law
  • Real Estate Portfolio and Risk Management
  • International Compliance
  • Law of Banking and Financial Institutions
  • Consumer Compliance
  • Financial Crimes and Institutional Security
  • Taxation (FATCA)
  • Legal Writing and Research
  • Advanced Legal Writing and Research
  • BASEL/Volker Rule
Accomplishments
  • Achieved an internal audit score of 9 including loan reviews for over 50 Lenders and in all 50 states.Conduct compliance risk assessments against highest risk regulatory requirements in 2013 and all regulatory requirements going forward. Conduct Process Risk reviews on all Line of Business (LOB) processes, focusing on Compliance Risks and Gaps with success.
  • Contribute and lead efforts ensuring the framework, including all tools, models, processes, management teams and staff produces strong and robust risk identification, measurement, and reporting of the Company's economic exposures and expected earnings volatility. Partners and collaborates for success with Business management at Wolters Kluwer Financial Services. Collaborate with Risk Management, Legal and Compliance colleagues to ensure timely identification, mitigation, resolution and reporting/escalation of existing, emerging and upstream regulatory risks and issues.
  • Contribute in driving a culture of accountability in compliance, and works with Financial Institutions to ensure compliance with applicable Federal and State banking laws, rules, regulations, and supervisory guidance.


Experience
06/2014 to Current
Project Manager- FHA Single Family Post Claims Review Managing Consultant Verdi Consulting City, STATE,

Gathered and analyzed Bank data regularly with management regarding portfolio performance and new loan transaction quality. Act as direct liaison with HUD for assessing the relative risk that Banks/Servicers and Lenders pose to the Department. Developed, produced and enhanced risk reports for business units in five central categories of risk that HUD’s Secretary mandates should be used in all program risk analysis. Generates report which identifies; and addresses areas of significant risk and evaluates overall effectiveness of operations. Examine and review loan transactional quality with responsibility for performing loan level audits, testing clients underwriting management platform for Section 32 HOEPA, RESPA, TILA/Regulation Z, Fair Credit Transaction Act, fair credit reporting, Fair Housing Act, Home Mortgage Disclosure Act, SARs, AML/BSA, Homeowners Protection Act, Right To Financial Privacy Act and Gramm-Leach-Bliley Act..Etc

  • HUD,FHA, FHFA/SEC Compliance; Asset Securitization; ERM Program Implementation; Transaction Management Credit/Risk Management; Credit Risk Analysis; M&A Due Diligence; Asset Performance Evaluation; Loan Workouts; Appraisal Review valuation, Cash Flow Valuation; Acquisition & Disposition Decision Modeling; Risk-Based Regulatory Regimens; Accounting; Revenue Growth; Strategic Leadership and maintaining Yellow Book Standard and GAAP guidelines.
  • Establish a statistically sound methodology for conducting post claim reviews, quality control/examination; calculate monetary findings, and extrapolate the findings over the mortgagee's portfolio, if appropriate for monetary findings. Additionally, document sampling using extrapolation, projection method and implement for post claim review.
  • Managing Auditors/QC/Review for On-Site and In-House FHA files for post claims review, in four category of files to include 1. Conveyance Claims; 2. HECM; 3. Loss Mitigation (Special Forbearance & Forbearance, Loan Modification, Partial Claims: HAMP) 4 PreForeclosure Sales (PFS) AML/BSA. Auditor and Analyst supervising the auditing team for performance on-site for Category (A, B and C) Lenders/Servicers including an In-House Review Auditing.
  • On-site examinations to evaluate financial institution activities and assess/monitor compliance with policies and procedures as well as applicable federal and state laws and regulations.
10/2013 to 06/2014
Regulatory AML/BSA Risk Management Compliance Analyst KPMG-JPMorgan Chase City, STATE,

Developed, produced and enhanced risk reports for AML/BSA related regulations; remain current with regulatory laws, rules and guidance. Assist in management, maintenance, and Diligently reviewed all reporting requirements for Foreign Correspondent Accounts (EMEA) CIP documentation/client files. Assist in the administration and review of Client Risk Scoring, Client Identification and KYC documentation Due Diligence & Enhance Due Diligence. Look back or transaction investigative consulting team review and investigation and documentation, reports and alerts to secure information that relates to customer and foreign bank transactions. Performed various quality control reviews and monitoring of BSA and USA Patriot Act, for Anti-Money Laundering, OFAC and CIP compliance using industry standard and regulatory sampling methodologies and SAR’s Narratives in line with FINCEN FAFTA. Performed production alert analysis on wire transfers for domestic and Foreign Correspondent Banking accounts including Fixed Income, Equities and Commodities, Forex, Futures and also, assisting with other Compliance-related AML related oversights.

  • Day-to-day management of Unit staff and Due Diligence with oversight of KPMG Case Management (CMT)
  • Production investigator for backlog remediation project and processing Case Management Alerts (CMT) Analyzed Foreign Correspondent Accounts involving Cash Management Services, deposit accounts; International Funds Transfers; Check Clearing; Payable through Accounts; Foreign Exchange; Loan and Letter of Credits for a decision alerts escalation
  • Review of Case Management Score card on Nested Accounts and Risk Mitigation Assessment: a) Client Risk Assessment –Screening against OFAC Sanction List and Country Alerting; b) Transaction Risk measurement; c)Reporting Tools-Research, Record keeping
  • Interacted with Compliance, Legal, and Investigators to ensure documentation requirements were met. Provided information pertaining to Anti-Money Laundering including reviewing Suspicious Activity Reports (SAR) Quickly identified patterns and trends consistent with money laundering and fraudulent activities (OFAC checks) Coordinated AML fraud activities and resources to support investigations across multiple lines of business. Briefed team leads, investigators, and management on risk factors and findings. Conducted inquires on both Banking and Brokerage side. Day-to-day management of Unit staff and oversight of Case Management (CMT)
  • Production investigator for a backlog remediation project and processing Case Management Alerts (CMT) Analyzed investigated and decision alerts escalation for senior review at AML production sites. Assured all case narratives and documentation met bank standards. Mitigated risk through careful consideration of World Check records, HALO, FTMon and examination of prior SAR concerns.
06/2013 to 10/2013
Regulatory Consultant-Compliance Risk Analyst Wolters Kluwer Financial Services City, STATE,

Provide Regulatory consulting, advisory, and implementation services to assist clients in their efforts to meet responsibilities under compliance laws and regulations, including consumer protection and fair lending laws, TILA, HOEPA, HMDA, CRA, and BSA/AML. Identify, Process and assist clients with efficiently utilizing WKFS applications, to meet their regulatory obligations, understand and communicate industry best practices, translate recommendations into requirements documents for implementation, and provide end user training on WKFS products.

  • Perform consulting and advisory services including examination preparation, remediation of regulatory issues, development of compliance policies and procedures, evaluation of compliance management systems, compliance risk assessments, fair lending reviews, comparative file reviews, CRA self-assessments, CRA and HMDA data integrity reviews, BSA/AML program reviews, and compliance training on utilizing WKFS products or services to meet regulatory requirements.
  • Provide regulatory guidance and client support in connection with product implementation.
  • Process, analyze and report on customer data using WKFS CRA/Fair Lending Wiz & Fair Lending Wiz Web product lines.
  • Utilize CRA Wiz and Fair Lending Wiz to analyze lending, deposit, and/or servicing data.
  • Understand clients general business and technology environment, and work with team members to recommend and implement solutions.
  • Identification of additional opportunities for WKFS products and services and improvements to client processes.
03/2013 to 06/2013
Compliance Risk Analyst-Consultant Hilltop Advisor's, LLC (Federal Home Loan Bank) City, STATE,

Comprehensive Risk Assessment & Re-underwriting, Loan Portfolio Management:

Diligently reviewed and identifying, the approximate likelihood of mortgage default risk for Desk-top/manually underwriting loans based upon inaccuracy in the loan file. Underwriting investors repurchase demand through identifying defects or inaccuracies in loan files as set forth by the secondary market investors indemnity clause

  • Applying a comprehensive examination procedure to address Risk Management and Capital Adequacy of Exposures Arising from Secondary Market Credit Activities
  • Review the types of products offered and markets targeted by the banks mortgage banking entity.
  • Make a preliminary determination about the current volume and level of risk (that is, credit risk (borrower and counter-party risk), market risk (pipeline, interest-rate, trading, price, prepayment, hedging, and, liquidity—funding, operational, and legal risk (compliance, strategic, and contingency risks), and reputation risk.
  • Applying Re-underwriting Criteria
  • Applying steps that are required if the borrower discloses or the lender discovers additional debt(s) and/or reduced income after the underwriting decision was made up to and concurrent with loan closing:
  • Document additional debt(s) and reduced income in accordance with existing Selling Guide documentation requirements, verify the unpaid balance, the terms of repayment, and the borrowers payment history (if applicable) by obtaining documentation from the borrower’ file or creditor.
  • Identified and processed Consumer Protection Regulations (Regulation E, B, Z, UDAAP, etc.) – Processed Risk Review. Working on Privacy, ECOA (Regulation B), HMDA (Regulation C), TILA (Regulation Z), Regulation DD, E, CC, Gramm-Leach/Bliley Act, FCRA and FACT, OFAC/Patriot Act/Anti-Money Laundering and other related federal laws
01/2013 to 03/2013
Compliance Risk Analyst-Consultant Paypal City, STATE,

Assist with reviewing existing business processes, documenting procedures, conducting risk assessments, developing process maps, and recommending process improvements, identifying and managing issues, plus other tasks as may be assigned. Provide project or quality review including Compliance Monitoring and Testing.

  • Documentation of detailed business process reviews; Identify compliance and operational risks associated with the process. Document, track, and report on remediation plans for risks or issues identified through these reviews.
  • Prepare management reports to summarize findings relating to compliance analysis.
  • Provide guidance to business partners relating to the development of controls for critical business processes to mitigate compliance/operational risk –AML/BSA Compliance Process Risk Review
  • Assist with the development/documentation of Standard Operating Procedures
  • Identify opportunities for and conduct ongoing and targeted compliance monitoring and/or testing
  • Identify and Process Consumer Protection Regulations (Regulation E, B, Z, UDAAP, etc.) – Process Risk Review. Working on Privacy, ECOA (Regulation B), HMDA (Regulation C), TILA (Regulation Z), Regulation DD, E, CC, Gramm-Leach/Bliley Act, FCRA and FACT, OFAC/Patriot Act/Anti-Money Laundering and other related federal laws.


11/2012 to 01/2013
Compliance Audit Analyst-Consultant Hilltop Advisers, LLC (Office Of The Comptroller Of Currency) City, STATE,

Developed and revised policies and procedures of the federal compliance program. Evaluated and interpreted federal laws and regulations and assisted in improving business practices. Post-closing auditing and due diligence includes: Conventional FNMA, FHLMC, and FHA & VA Loans: Conveyance Claims, HECM,LOSS MITTIGATION (Special Forbearance & Forbearance, Loan Modification, Partial Claims) and Pre-Foreclosure Sales (PFS) Review Testing Objective in mortgage servicing operations, analytics, or auditing; loss mitigation/default management: To determine whether any Fees and costs assessed to the borrower or investor for the loans under review were permissible, reasonable, customary, or excessive in regards to type, amount, and frequency.

Testing Criteria:

  • A) Limits/requirements established by state law, federal law, and the applicable loan instruments;
  • B) Servicing guidelines as promulgated by the GSE [Fannie Mae, Freddie Mac, the Federal Housing Administration (FHA) and the U.S. Department of Veterans Affairs (VA)].
  • Assisted Banks Fair Lending Officer in the development and maintenance of Fair Lending for Servicing Policy Program and Procedures. Reviewed and updated fair lending and servicing related policies and procedures. Maintained and updated knowledge database of federal laws related to fair lending/ Identify impact to mortgage servicing business on Anti-money Laundering/BSA.-conducting examinations to determine compliance Bank Secrecy Act, anti-money laundering.
09/2011 to 11/2012
Project Manager-FHA Single Family Post Claims Review Key & Associates, P.C City, STATE,

(HUD Single family Post Claim Reviews and follow-up reviews/ Examiner)

Direct liaison with HUD as a vehicle for assessing the relative risk that Banks/Servicing pose to the Department in the five central categories of risk that HUD’s Secretary mandates should be used in all program risk analysis. Perform reviews to identify whether modifications are needed on existing policies.

  • Establish a statistically sound methodology for conducting post claim reviews, quality control/examination; calculate monetary findings, and extrapolate the findings over the mortgagees portfolio, if appropriate for projected damages. Process, document, sampling and extrapolation methodology for implementing in post claim review.
  • Project Management performance as an Auditor/Examiner/reviewer for On-Site and In-House review files from Banks and Lenders. Gathered and analyzed loan data regarding legal statutes, decisions, on four category of files for auditing and due diligence to include 1. Conveyance Claims; 2. HECM; 3. Loss Mitigation (Special Forbearance & Forbearance, Loan Modification, Partial Claims) 4 PreForeclosure Sales (PFS)
  • On-site examinations to evaluate financial institution activities to assess/monitor compliance with policies and procedures as well as applicable federal and state laws and regulations.
  • Meet with financial institution management to discuss findings. Generates report which identifies; and address areas of significant risk and evaluates overall effectiveness of operations and as Compliance Loan Reviewer, responsible for performing loan level audits, with test utilizing the clients underwriting management platform for Section 32 HOEPA, RESPA, TILA/Regulation Z, Fair Credit Transaction Act, fair credit reporting, Fair Housing Act, Home Mortgage Disclosure Act, SARs, AML/BSA, Homeowners Protection Act, Right To Financial Privacy Act and Gramm-Leach-Bliley Act..Etc
02/2009 to 09/2011
Branch Manager/Mortgage Underwriter Christensen Financial Inc City, STATE,

Provided validation and analysis of DU underwriting/Processing wholesale loans with a comprehensive risk assessment based upon contributory risk and default risk of mortgage loans sold to investors.

  • Identify control problems/weaknesses to minimize institutional losses in the areas of production, underwriting, quality control, servicing and investor reporting. Prepare audit reports for distribution to senior management and customers. Review processes and compare to standards; offer analysis/strategic planning and partner with others to improve results. Analyzes financial statements, cash flow data, tax returns, collateral and related material.
  • Identifies and discusses primary credit risks and structure for transactions with banker and Senior Credit Officer
  • Ensured compliance with all regulations including but not limited to AML/BSA, Reg D, Reg E, Reg P, Reg CC, Reg DD and unclaimed Properties
  • Recognized data deficiencies and work to obtain missing information.
  • Assist customers and internal control departments in resolving outstanding operational risk issues.
  • Reviewed the contributory risk factors that apply to the mortgage loan under review to determine how they affect the primary risk assessment.
06/1995 to 02/2009
Vice President Operations/Quality Control First Community Mortgage, Inc City, STATE,

Underwriter for Fannie Mae/Freddie Mac Wholesale loans for First Community Mortgage investors such as; Flagstar Bank; Franklin American Mortgage Co. and FCM in-house underwriting including compliance with company and secondary market investor standards. Provided validation and analysis through a comprehensive risk assessment, and based upon primary risk; moderate and high risk approach of loans purchased. Analyzed potential loans from originators. Conducted research on client capital needs and market conditions to identify funding options Guided proposal preparation.

  • Analyzed quality of loans from various financial institutions; identified issues resulting in annual savings of $10 million in potential loan losses.
  • Utilized fraud investigation techniques to validate risk levels and determine investment quality of loan portfolios.
  • Directly in charge of Operational Report on suspicious activity, money laundering or fraudulent behavior as it relates to Loan transactions, new account relationships, international wires and overall transaction activity and documents any such behavior for SAR filings to be considered.
  • Regulate and implement compliance with all regulations including but not limited to BSA, Regulation D, Regulation E, Regulation P, Reg CC, Reg DD, HMDA and unclaimed Properties.
Education
Expected in 2011
Masters in Law (JSM): Financial Services Law
Thomas Jefferson School of Law - ,
GPA: Deans List

Expected in 2010
Bachelor of Science: Legal Studies
Kaplan University - ,
GPA:

Expected in 1990
: Liberal Arts Studies
University of Minnesota - ,
GPA:

Expected in
:
The Board of Standards of the American Academy of Financial Management ™ AAFM Board Certification - ,
GPA:

•CAMC ™ Certified Anti-Money Laundering Consultant ™

•CRA ™ Certified Risk Analyst ™

•CCA ™ AAFM Certified Compliance Analyst

Skills

MS Office Suite expert FTMon. Excel, Access, PowerPoint) LexisNexis HALO Actimize AML Solutions MS Project & Visio West Law SharePoint FRAML Technology World Check Case Management BAM+ for wire, ACH,ATM, Monetary Instrument software AML Wiz

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Resume Overview

School Attended

  • Thomas Jefferson School of Law
  • Kaplan University
  • University of Minnesota
  • The Board of Standards of the American Academy of Financial Management ™ AAFM Board Certification

Job Titles Held:

  • Project Manager- FHA Single Family Post Claims Review Managing Consultant
  • Regulatory AML/BSA Risk Management Compliance Analyst
  • Regulatory Consultant-Compliance Risk Analyst
  • Compliance Risk Analyst-Consultant
  • Compliance Risk Analyst-Consultant
  • Compliance Audit Analyst-Consultant
  • Project Manager-FHA Single Family Post Claims Review
  • Branch Manager/Mortgage Underwriter
  • Vice President Operations/Quality Control

Degrees

  • Masters in Law (JSM)
  • Bachelor of Science

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