Robert Drake
Southbury,CT
Summary
Professional with robust background in directing and managing large-scale operations, consistently driving success through strategic planning and execution. Adept at implementing innovative solutions that enhance productivity and operational effectiveness. Known for fostering teamwork and adapting to evolving business needs, ensuring alignment with organizational goals.
Overview
32
32
years of professional experience
Work History
Director- Compliance/Operations Analytics
Shareholder Intelligence Services LLC
Rowayton, CT
01.2004 - Current
- Designer/patent holder of data management platform used to monitor shareholder market activity in publicly traded securities.
- Provide in-depth analysis to issuers of publicly traded stocks of activity identified through the data collection process used in the platform.
- Develop firm’s written supervisory procedures
- Developed high-performing teams by providing mentorship, guidance, and opportunities for professional growth.
- Enhanced team collaboration through regular communication, goal setting, and performance evaluations.
Compliance Consultant
DAK Family Medical
01.2010 - 01.2013
- Advise on daily operations
- Financial oversight
- Health insurance negotiations and Medicare/Medicaid regulations and compliance
- Reduced the potential for fines and penalties by proactively monitoring changes in regulatory requirements and updating policies accordingly.
- Facilitated cross-functional collaboration to address complex compliance issues, fostering open communication and efficient problemsolving.
Vice President – Chief Compliance & Operations Officer
Kuhns Brothers Inc./Kuhns Brothers Securities Corp.
Lakeville, CT
01.2001 - 01.2013
- Manage daily operations and staff
- Maintain the company’s financial, operational, and compliance infrastructure
- Assist in the administration of firm managed hedge funds, provide support for an independent RIA firm-coach and mentor staff to meet team and individual goals
- Monitor and update the firm’s membership agreement with its designated examining authority
- Maintain the relationship between the company and the clearing broker (Pershing LLC)
- Perform daily review and periodic audits of business activities
- Review new accounts, trading, cash and securities movement
- AML compliance officer responsible for all program components
- Provide guidance and support to identify and promote new business development
- Coordinate Regulatory and Firm Element for continuing education
- Responsible for CRD record maintenance as well as FINRA contact information data.
- Led cross-functional teams for the successful completion of major projects, resulting in increased efficiency and client satisfaction.
- Cultivated strong relationships with key stakeholders, including customers, vendors, regulators, and community leaders to promote collaboration and long-term success.
Senior Vice President – Compliance/Operations/Administration
Auerbach, Pollak & Richardson, Inc.
Stamford, CT
06.1998 - 11.2001
- Responsible for the day-to-day operation of a full service introducing broker-dealer
- Direct the coordination of activities between the CFO, CCO, Trading and Operations personnel.
- Liaison to outside counsel on all litigation related matters and the primary contact for all regulatory inquiries.
- Reported directly to the Office of the President/CEO and the Board of Directors.
- Hired and managed employees to maximize productivity while training staff on best practices and protocols.
Director of Compliance
L.T. Lawrence & Co.
New York, NY
06.1997 - 06.1998
- Responsible for the oversight of all compliance related functions
- Review of customer account activity, annual broker activity; review, proprietary trading practices
- Established and maintained firm’s continuing education initiative
- Reviewed and filed as necessary, entries to NASD customer complaint reporting system, regarding complaints received and reviewed by the firm;
- Maintenance of policies and procedures and supervisory manuals;
- Maintenance of broker registrations;
- Primary contact for all industry regulators and inquiries;
- Assisted in the conversion of accounts from one clearing firm to another.
- Prepared records and data for regular audits.
- Managed compliance efforts, reporting and audits.
Vice President-Director of Compliance
First United Equities Corp.
Garden City, NY
06.1995 - 04.1997
- Responsible for the oversight of both compliance and operations areas.
- Supervised the activities of staff for a newly formed introducing broker-dealer.
- Created procedures for both operations and sales in accordance with industry standards.
- Reviewed and resolved customer complaints, answered regulatory inquiries
- Counseled newly registered brokers as to the proper sales practices used in servicing retail customers.
- Demonstrated proficient leadership skills to motivate employees and build competent teams.
- Collaborated with senior management to develop strategic initiatives and long term goals.
Senior Vice President - Compliance/Operations
Auerbach, Pollak & Richardson, Inc.
Stamford, CT
02.1993 - 06.1995
- Responsible for the day-to-day operation of broker-dealer.
- Creation and maintenance of firm policies and procedures in areas such as sales, back office operations, compliance, trading, syndicate and some corporate finance activities.
- Responsible for the reconciliation of all firm accounts, trading activities and new account functions.
- Acted as liaison to clearing firm and outside counsel and provided responses to all regulatory inquiries.
- Supervisor of employees who were involved in operations, finance, trading and customer service.
- Developed and executed strategic initiatives to drive business growth, resulting in higher revenues and market share expansion.
- Delivered exceptional customer service by implementing best practices and fostering a culture of accountability within the organization.
Education
Economics
Fordham University
Accounting
City University of New York - Baruch College
Certificate - Law & Compliance
New York Institute of Finance
Skills
- BSA/AML, Compliance, Securities operations, Investor Relations Support, Business Process Optimization, Risk Management, Communication Management, Microsoft Office
- Critical analysis skills
- Coaching Investment, Strategic Decision Making
- Data Analysis, Problem Solving, Technology Implementation
- Analytical decision-making
- Strategic planning
- Relationship building
- Strong communication proficiency
Timeline
Compliance Consultant
DAK Family Medical
01.2010 - 01.2013
Director- Compliance/Operations Analytics
Shareholder Intelligence Services LLC
01.2004 - Current
Vice President – Chief Compliance & Operations Officer
Kuhns Brothers Inc./Kuhns Brothers Securities Corp.
01.2001 - 01.2013
Senior Vice President – Compliance/Operations/Administration
Auerbach, Pollak & Richardson, Inc.
06.1998 - 11.2001
Director of Compliance
L.T. Lawrence & Co.
06.1997 - 06.1998
Vice President-Director of Compliance
First United Equities Corp.
06.1995 - 04.1997
Senior Vice President - Compliance/Operations
Auerbach, Pollak & Richardson, Inc.
02.1993 - 06.1995
Accounting
City University of New York - Baruch College
Economics
Fordham University
Certificate - Law & Compliance
New York Institute of Finance