Burt Foster Jr
Audit Compliance
Upper Marlboro,MD
Summary
Top-performing and insightful senior compliance officer and forensic accountant with 20+ years of experience in investigations, security, risk management, and compliance. Proven success in engineering continuous improvements, minimizing risk, and developing corrective actions to mitigate impact of discrepancies. Easily build rapport and trust with executives and key stakeholders while advising on best practices and strategies to steer change in financial, operational, and regulatory processes.
Overview
22
22
years of professional experience
1
1
Certification
Work History
Audit & Compliance Officer
Government of the District of Columbia, Lottery and Gaming
Washington, DC, DC
01.2020 - Current
- Spearheaded Office of Lottery and Gaming (OLG) regulatory compliance and audit programs while overseeing six employees
- Mitigated potential risks and executed multiple compliance programs and ongoing processes to surpass regulatory compliance requirements
- Orchestrated implementation of audit procedures to safeguard strict adherence to applicable laws, OLG rules and regulations, and OLG-approved operating plans for five licensed operators
- Developed and revised numerous compliance programs (Code of Conduct, FCPA, AML/CFT, and KYC) to achieve control objectives and report on internal control deficiencies
- Partnered with various departments to mitigate compliance issues and advise on appropriate courses of action, as well as preventative or remedial measures
- Executed process improvements and internal controls by partnering with multiple executive staff across multiple business functions
- Conceptualized annual report addressing full account of compliance audit programs, related performance metrics and costs of program administration
- Tracked audit results and presented in-depth investigation reports to stakeholders, minimizing risk through best practices and diligent audits
Postal Inspector/Team Leader Manager
U.S. Postal Inspection Service
Washington, DC, DC
03.2001 - 12.2019
- Showcased robust work ethic, receiving eleven certificates of appreciation and the Postal Inspector Recognition Award in 2002
- Slashed threats and assaults by 30% through deployment of methodologies to monitor occurrences of assault, burglaries, and robberies
- Achieved #2 ranking in the country for USPS Postal Inspection Service narcotics teams
- Used forensics and cutting-edge technologies to conduct thousands of criminal, civil, and administrative violation investigations of postal-related laws
- Led and mentored 100+ inspectors to handle mail and identity theft, narcotics, internal (ethics) investigations, assaults, threats, robberies, and human trafficking
- Took part in thousands of civil, administrative, and criminal cases facilitating millions of dollars in court-ordered restitution from seized assets
- Directed ethics investigations of hundreds of USPS employees, leading to more than 75% in criminal prosecutions and civil/administrative remedies
- Coordinated logistics and security during the National Postal Forum (NPF) with over 4,000+ attendees and managed mail screening for US Open Golf Championship and Major League Baseball All Star Game
- Additional Experience
- US Department of, - OIG | Special Agent, Financial Statement Auditor
- Internal Revenue Service-Federal Government | Internal Revenue Agent - Fraud Squad
- Commonwealth of Virginia -, - Criminal Investigation | Special Agent
Education
Certificate - Criminology
06.2001
Certificate of Graduation: Law Enforcement, Postal Inspector Law Enforcement Academy Certificate of Graduation: Law Enforcement, Federal Law -
12.1998
Bachelor of Science - Accounting
09.1987
Skills
- Regulatory & Audit Compliance, Staff Leadership & Training, Civil/Administrative/Criminal Investigations, Risk Mitigation, Policy & Procedure Development, Internal (Ethics) Investigations, Forensic Analysis, Anti-Money Laundering (AML), Combating Financial Terrorism (CFT), Know Your Customer (KYC)
Timeline
Audit & Compliance Officer - Government of the District of Columbia, Lottery and Gaming
01.2020 - Current
Postal Inspector/Team Leader Manager - U.S. Postal Inspection Service
03.2001 - 12.2019
USPIS Law Enforcement Academy - Certificate, Criminology
Federal Law Enforcement Training Center (FLETC) - Certificate of Graduation: Law Enforcement, Postal Inspector Law Enforcement Academy
Certificate of Graduation: Law Enforcement, Federal Law,
St. John's University - Bachelor of Science, Accounting
Additional Information
- Active Top-Secret Clearance, Executive Protection, US Postal Inspection Service Defensive Tactics Instructor, PPCT Management Systems, Inc., 2018 Officer Survival/Defensive Tactics Coordinator, PPCT Management Systems, Inc., 2018 Firearms Instructor, US Postal Inspection Service, 2019 MP-5 Operator | MP-5 Armorer, US Postal Inspection Service, 2019 Advanced Dangerous Mail Investigations, US Postal Inspection Service, 2019
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