Elizabeth O'Neill
SUMITOMO MITSUI BANKING CORPORATION
Middle Village,NY
12
years of professional experience
Directed risk-based monitoring and compliance testing for swap dealer activities to support adherence to CFTC and NFA requirements. Led control effectiveness assessments using evidence validation and detailed documentation to identify control gaps and evaluate risk exposure. Partnered with compliance and legal stakeholders to drive remediation efforts and adapt monitoring frameworks to regulatory changes. Evaluated financial risk across diverse financial firms through comprehensive reviews to inform decision-making processes.
Work History
Compliance Monitoring and Testing Associate
3 Years 5 Months- Conduct compliance monitoring and testing of swap dealer activities
- Execute risk-based compliance monitoring and testing activities across Capital Markets business lines in accordance with the annual compliance testing plan.Conduct compliance monitoring and testing of swap dealer activities
- Assess the design and operating effectiveness of internal controls to evaluate adherence to applicable regulatory requirements, internal policies, and established procedures.
- Conduct sample-based testing, review transaction-level documentation, validate supporting evidence, and document test results, exceptions, and conclusions.
- Analyze and map regulatory requirements, including CFTC and NFA rules, to compliance risks, control activities, and testing procedures.
- Develop and maintain testing workpapers, supporting documentation, and evidence to substantiate testing results and ensure audit readiness.
- Identify control gaps, procedural deficiencies, and potential compliance risks; document observations and support issue assessment and remediation efforts.
- Evaluate regulatory developments and enforcement actions to assess potential impacts on the compliance risk assessment, testing scope, and control inventory.
- Utilize internal trading and compliance systems, including PRISM, to retrieve transaction records, review activity, and validate control execution.
- Collaborate with Compliance, Legal, Operations, and business stakeholders to obtain documentation, clarify processes, and support resolution of testing exceptions.
Associate Principal Examiner
3 Years 7 Months- Responsible for identifying financial risks (e.g. liquidity risk, operational risk, credit risk, etc.) through examinations of various small to large financial firms with a concentration on Diversified, Carrying and Clearing Firms.
- Specifically, leads examinations of low, medium-low, and medium-high risk firms.
- Gathers information from firms through interviews and meetings.
- Analyzes and evaluates firm records (financial statements, purchase and sales blotters, general ledgers, etc.) and firm systems (order management systems, supervisory alert systems, etc.).
- Identifies exceptions, observations, and other findings based on information collected throughout exam.
- Documents findings, which are used to determine level of risk for a firm.
- Shares findings with firm.
- Documents used internally at FINRA and reviewed sporadically by SEC.
- Provides assistance to other examiners on exams.
Case Administrator
1 Year 8 Months- Managed caseload of approximately 200 cases.
- Reviewed cases for accuracy and completeness while acting as liaison between parties and arbitrator while understanding the various rules and procedures of FINRA.
- Assisted parties and arbitrators with understanding the rules and procedures of FINRA.
- Drafted and executed awards at the end of arbitrations.
Junior Panelist
1 Year 8 Months- Motivational speaker at the annual summit that imparts confidence in young girl swimmers.
- Takes part in panels about leadership, confidence, nutrition, and women in business.
Account Executive
10 Months- Assisted with the start up of the company.
- Implemented standards and procedures that are still used within the company today.
- Assisted with the hiring process as well as conducted interviews with potential candidates.
- Additionally provided revenue for the company through sales.
- Named one of the top sales representatives in the country multiple times and received awards within the company for exemplary sales in the quarter.
Education
Juris Doctor
Accelerated Program
Bachelor of Arts - Communication Studies, Law and Justice
Skills
Risk-based monitoring
Control effectiveness review
Regulatory compliance
CFTC compliance
NFA compliance
Financial risk assessment
Root cause analysis
Firm examinations
Enhanced due diligence
Compliance monitoring
Sanctions compliance
Business analysis
Regulatory reporting
Compliance reports
Financial product knowledge
Financial reports
Financial problem assessments
Financial operational systems
Regulations compliance
Timeline
Compliance Monitoring and Testing Associate
SUMITOMO MITSUI BANKING CORPORATION
05.2023 - CurrentRead More
Associate Principal Examiner
FINRA
10.2020 - 05.2024Read More
Case Administrator
FINRA
02.2019 - 10.2020Read More
Junior Panelist
LEAD SPORT SUMMIT
05.2018 - 01.2020Read More
Account Executive
VIOGEE INCORPORATED
11.2014 - 09.2015Read More
STATE UNIVERSITY OF NEW YORK AT CORTLAND
Bachelor of Arts from Communication Studies, Law and Justice
Read More
ELISABETH HAUB SCHOOL OF LAW AT PACE UNIVERSITY
Juris Doctor
Read More