Joshua Hasselbach
Fort Wayne,IN
Summary
I have 20+ years of experience in the financial services industry and provided critical support to the firm's Investment Advisor (IA) and Broker-Dealer (BD) compliance programs. I've also served as the Designated Supervisor and assigned Principal for the Institutional Trading Desk of the BD, ensuring compliance with all regulatory and operational requirements. In my role as Chief Information Security Officer (CISO) I was responsible for all aspects of the firm's information security, business continuity plan, and cybersecurity programs.
I have a proven track record of delivering effective and efficient compliance solutions that protect the firm and its clients from cyber threats, fraud, and regulatory sanctions. I have extensive knowledge and skills in both BD and IA compliance, regulatory and operational risk, anti-money laundering (AML), project management, and delegate supervision. I hold multiple professional certifications, including the Certified Anti-Money Laundering Specialist (CAMS) along with several FINRA licenses. My mission is to provide strategic and practical compliance guidance that aligns with the firm's goals and values.
Overview
22
22
years of professional experience
1
1
Certification
Work History
Full-time Parent
Self
08.2021 - Current
- Took career pause to focus on full-time parenting of two young children and to accommodate spouse's career that required extensive travel and relocation from Texas to Indiana
Executive Director - Compliance and Regulatory Supervision
US Capital Advisors LLC
07.2015 - 08.2021
- Functioned as Senior Compliance and Anti-Money Laundering Officer for both Investment Advisor (IA) and Broker-Dealer (BD)
- Assigned as Designated Supervisor for Institutional Trading Desk responsible for compliance with applicable SRO rule
- Reviewed and developed numerous surveillance reports for firm's institutional trading activities
- Designated as Chief Information Security Officer responsible for creation, implementation and ongoing governance of Information Security, Business Continuity Plan, and Cybersecurity program
- Performed thorough, ongoing reviews and revisions to Firm's written supervisory procedures for BD and IA
- Reviewed and approved preparation and dissemination of research reports in role as Research Principal (Series 87)
- Developed, implemented and monitored employee trading surveillance program in order to review and approve pre-trade clearance requests
- Reviewed electronic correspondence of designated persons for compliance with applicable SRO regulations
- Operated as AML officer in charge of surveillance for all client transactions including money movements and OFAC screening
- Created Best Execution Committee and led monthly meetings to assess and address firm's compliance with ongoing Best Execution requirements
- Responsible for tracking compliance training and regulatory certification requirements for registered employees
- Hosted Annual Compliance Program for all employees
Associate Director of Network Office Supervision
Northwestern Mutual Investment Services, LLC
10.2013 - 11.2014
- Promoted to Delegate Supervisor for Network Office including 10 Remote Branch Offices with over 100 Registered Representatives
- Reviewed all manner of money movements including Federal Funds Wires, ACH transactions, check disbursements and journals
- Controlled all aspects of client onboarding including review and approval of all new accounts
- Performed surveillance including mutual fund switches, unmatched DTF trades and deviations from client's stated risk tolerance
- Conducted annual client file reviews with Registered Representatives.
Senior Consultant - Capital Markets Domain
Capco
03.2012 - 08.2013
- Advanced to Project Manager for six month compliance assessment of Operations and Finance departments for Fixed Income Broker-Dealer
- Developed and implemented over 20 Written Supervisory Procedures and 30 Desktop Procedures which were furnished to FINRA
- Designated as lead analyst responsible for Risk Management / Regulatory Framework on three month project for large global retail bank to perform current state analysis of their organizational accounts; provided recommendations to strengthen current portfolio
- Created strategy for implementing KYC remediation program on existing population of organizational accounts for large global retail bank
Vice President - Regulatory Affairs and Compliance
FBR & Co.
06.2011 - 11.2011
- Conducted surveillance on numerous SRO rules and regulations
- Developed and implemented Compliance Alerts and WSPs for inclusion in Compliance and Supervisory manuals
- Researched and responded to regulatory inquiries from SEC, FINRA, NYSE, CBOE and ISE
Associate - Trading Floor Compliance
RBC Capital Markets, LLC
08.2008 - 06.2011
- Appointed compliance advisory contact on all regulatory matters involving Cash, Derivatives, Electronic Trading, ETF and Stock Lending desks
- Reviewed numerous surveillance/exception reports to ensure Firm compliance with SRO rules and regulations
- Assisted Control Room on researching and resolving matters relating to Investment Banking, trading and research issues
- Functioned as Risk Manager for equity errors advising trading desk and facilitating booking and liquidation of positions
- Researched and responded to regulatory inquiries from SEC and FINRA including Firm's annual TMMS exam
Associate - Regulatory Control Group
Morgan Stanley
11.2005 - 08.2008
- Served as Delegate Supervisor to Cash, Derivatives Trading and Research Sales desks on regulatory and market structure environment
- Managed supervisory risk by reviewing exception/surveillance reports such as Front Running, Rule 92, Rule 2790, Wash Trades and Trade Reporting
- Developed Written Supervisory Procedures for inclusion within Supervisory Manual
- Facilitated creation of new exceptions reports incorporated into Actimize risk management platform
- Established and coordinated regulatory updates through bi-weekly meetings with supervisors.
Associate - Regulatory Risk Management
Deutsche Bank Securities Inc.
02.2002 - 11.2005
- Provided advisory compliance support to business on issues relating to Cash, Derivatives, Direct Market Access, Swaps and Index Arbitrage desks
- Reviewed daily ACT exception reports and escalated findings to appropriate supervisors
- Monitored electronic correspondence of designated persons
Education
Bachelor of Science - Business Economics
State University of New York College At Oneonta
Oneonta, NY05.2001
Skills
- Anti-money Laundering
- Regulatory Risk
- Cybersecurity
- Surveillance
- Policy and procedures
Certification
- Series 4
- Series 7
- Series 9/10
- Series 14
- Series 24
- Series 53
- Series 55
- Series 57
- Series 66
- Series 87
- Certified Anti-Money Laundering Specialist (expired)
- Life, Accident and Health Insurance License for NY (expired)
Hobbies
I am an avid fitness enthusiast who enjoys weight lifting and competitive long-distance running. I completed numerous half marathons in the last couple years and currently training for a full marathon later this year.
Timeline
Full-time Parent
Self
08.2021 - Current
Executive Director - Compliance and Regulatory Supervision
US Capital Advisors LLC
07.2015 - 08.2021
Associate Director of Network Office Supervision
Northwestern Mutual Investment Services, LLC
10.2013 - 11.2014
Senior Consultant - Capital Markets Domain
Capco
03.2012 - 08.2013
Vice President - Regulatory Affairs and Compliance
FBR & Co.
06.2011 - 11.2011
Associate - Trading Floor Compliance
RBC Capital Markets, LLC
08.2008 - 06.2011
Associate - Regulatory Control Group
Morgan Stanley
11.2005 - 08.2008
Associate - Regulatory Risk Management
Deutsche Bank Securities Inc.
02.2002 - 11.2005
Bachelor of Science - Business Economics
State University of New York College At Oneonta