- Avid Chess Player
- Multi Instrumentalist
- Photography and DJ
- Volunteering for community initiatives to give back to local communities and make a positive impact
- Fundraising Events
Andrew Bowden
37 S Sunnyslope Ave ,CA
Summary
Proactive professional with a progressive background in operations and compliance. Successfully implemented data-driven processes and compliance protocols, fostering improved client relations and operational integrity. Committed to driving strategic initiatives that enhance organizational success.
Thrives in fast-paced environments championing the successful delivery of compliance program governance and oversight.
Overview
32
32
years of professional experience
1
1
Certification
Work History
Assistant Vice President
Wedbush Securities Inc
1000 Wilshire Blvd Los Angeles CA
02.2020 - 05.2025
- Developed and implemented strategic initiatives to enhance client engagement and satisfaction.
- Collaborated with cross-functional teams to streamline operational processes and reduce turnaround times.
- Analyzed potential vulnerabilities in investment strategies, focusing on penny stocks and pink sheet certificates, to strengthen operational integrity.
- Prepared comprehensive reports for senior management (15C3-3) providing insights into market conditions and performance metrics.
- Collaborated with Protiviti to develop comprehensive workbooks for 15c3 reporting, enhancing reporting accuracy and compliance.
- Facilitated training sessions on compliance protocols, enhancing team knowledge and adherence to regulations.
- Established a high-performance culture within the team by setting clear expectations and providing regular feedback on individual performance contributions.
- Collaborated closely with executive leadership to align department goals with overall company objectives, resulting in stronger organizational cohesion.
- Enhanced collaboration between team members by implementing innovative communication tools and fostering an open dialogue culture.
- Implemented data-driven decision-making processes, leading to more informed strategic choices and improved overall performance metrics.
- Led cross-functional teams to deliver successful projects on time, enhancing company reputation in the industry.
- Increased efficiency by streamlining processes and implementing new software tools for the team (Blackline and Intellimatch).
- Enhanced communication between departments by developing effective reporting structures and information-sharing platforms.
- Attended weekly meetings and special sessions of Leadership and Executive Leadership Teams and contributed to major administrative initiatives, policies and decisions.
- Fostered strong relationships with key clients, leading to repeat business and a significant increase in customer satisfaction ratings.
- Implemented stringent compliance protocols and conducted routine audits to mitigate risks associated with SEC Rule 104 and restricted securities.
- Oversaw change management initiatives, ensuring smooth transitions during periods of organizational restructuring or process improvements between BETA to FIS (Fidelity National Information Services).
- Attended upper management meetings and took meeting minutes to create detailed records of various meetings and decisions.
Manager of Client Settlement Dept.
Wedbush Securities Inc.
1000 Wilshire Blvd, Los Angeles CA
01.2008 - 02.2020
- Directed strategic initiatives to enhance operational efficiency and client satisfaction.
- Implemented new financial modeling tools to streamline reporting processes and improve decision-making.
- Oversaw compliance adherence, ensuring alignment with regulatory standards and internal policies.
- Analyzed existing workflows and established streamlined strategies to enhance efficiency in manual trade processing and corrections for mutual funds utilizing the OREX platform.
- Directed efforts to streamline processing of securities restriction removal, ensuring adherence to SEC Rule 104 and meeting departmental goals.
- Cross-trained existing employees to maximize team agility and performance.
- Enhanced operational efficiency by refining processes for managing incoming transfers of limited partnerships, REITs, and annuities.
- Streamlined assignment organization and oversight within cash management to optimize operational performance.
- Oversaw and ensured accuracy of quarterly box counts for all physical securities certificates within vault in compliance with SEC Rule 17a-13.
- Collaborated with Street Settlement and Reorganization department to streamline settlement processes for shares not eligible for DTCC, ensuring compliance and accuracy.
- Assisted ACAT Dept with incoming and outgoing transfers for mutual funds, limited partnerships, annuities, and restricted securities, supporting departmental operations.
Supervisor
Citigroup Inc
111 Wall Street New York NY
02.1998 - 12.2007
- Oversaw daily operations to ensure compliance with internal policies and regulatory requirements.
- Identified operational inefficiencies and implemented corrective measures to increase effectiveness.
- Optimized daily procedures within ACAT, reorganization and annuities to enhance operational efficiency and reduce delays.
- Developed comprehensive training program for new hires, significantly reducing learning curve and integrating them into team quickly.
- Maintained positive customer relations by addressing problems head-on and implementing successful corrective actions.
Retirement Specialist
Dean Witter Reynolds
5 WTC New York, NY
04.1993 - 01.1998
- Assisted clients in understanding complex retirement regulations and policies.
- Guided new clients through the process of setting up retirement accounts, ensuring compliance with regulations.
- Supported branch operations by managing incoming client transfers from contra firms, ensuring a smooth onboarding process.
- Analyzed client accounts for adherence to mandatory distribution regulations, safeguarding against tax penalties.
Education
Computers
Hudson County Vocational School
Jersey City, NJSkills
Operations management
Compliance
Client Relations
AML
Internal Controls
Reviews & Assessments
144 Restrictive Legend removal
Accomplishments
- Assisted Protiviti, a third-party internal auditor engaged by Wedbush Securities, in completing the firm’s annual audit. Collected and organized required data from DTCC for submission to Ernst & Young, ensuring timely audit completion and helping the firm avoid potential FINRA penalties.
- Identified and resolved a Limited Partnership discrepancy during the quarterly securities count under SEC Rule 17a-13, ensuring regulatory compliance and preventing a potential $10MM Net Capital charge for the quarter.
- Partnered with Protiviti to redesign quarterly 15c3 reporting workbooks by removing unnecessary procedures and implementing automation, enhancing accuracy and operational efficiency.
Certification
- AML
Interests
Timeline
Assistant Vice President
Wedbush Securities Inc
02.2020 - 05.2025
Manager of Client Settlement Dept.
Wedbush Securities Inc.
01.2008 - 02.2020
Supervisor
Citigroup Inc
02.1998 - 12.2007
Retirement Specialist
Dean Witter Reynolds
04.1993 - 01.1998
Computers
Hudson County Vocational School