Leah Rumbaua
Weymouth,MA
Summary
Detail-oriented and seasoned senior compliance associate with extensive experience aligning compliance initiatives with business objectives and overseeing conduct risk. Skilled in analyzing and interpreting complex regulatory requirements, with a track record of implementing effective compliance solutions. Possessing an in-depth understanding of regulatory environments and a natural talent for developing strategies while ensuring adherence to ethical standards. An articulate communicator who has successfully conducted detailed risk assessments and fostered interdepartmental collaboration to mitigate potential non-compliance. A dedicated professional committed to upholding ethical standards and promoting a culture of compliance within organizations. Quality-driven compliance analyst familiar with tracking, documentation, and reporting requirements, assessing work, materials, and procedures to recommend adjustments to maintain compliance.
Overview
37
37
years of professional experience
1
1
Certification
Work History
Senior Compliance Associate
Allspring Global Investments
11.2021 - 03.2024
- Developed firm's Code of Ethics, ensuring employee adherence to conduct policies and compliance with applicable laws and regulations
- Assess and mitigate conduct risk while gaining comprehensive knowledge of Allspring's global business operations, policies, and Code of Ethics
- Conduct daily risk monitoring activities, including personal investment monitoring, forensic testing, and verifying alignment with business objectives
- Facilitate daily compliance program by examining employee trading activity, certifications, and forms utilizing FIS/PTA/ECM online systems
- Assist Conduct & Ethics Team and Compliance Organization to develop and execute key initiatives
- Developed Electronic Brokerage Account Requirement, transitioning from 3200+ paper brokerage accounts to 325, with 21 excused exceptions, enhancing processes and improving compliance oversight
- Successfully resolved compliance issues through collaboration with stakeholders, evaluating conduct matters, researching compliance regulations, and implementing mitigation strategies
- Streamlined compliance program, reinforcing Allspring's commitment to ethical conduct and adherence to relevant policies
- Arranged comprehensive testing to assess processes, refine test scripts, and interpret outcomes for enhancing risk management protocols while providing insights and strategies for reducing conduct risk
- Validated data accuracy and alignment by coordinating with all relevant brokers, confirming accurate reporting of account and trade information
- Advised senior management on potential risks associated with new products or services, contributing to informed decision-making processes.
- Leveraged data analytics to identify trends and patterns in compliance performance, enabling proactive issue resolution before escalation.
- Provided expert guidance on complex regulatory matters, supporting business growth while maintaining compliance standards.
- Coordinated responses to regulator inquiries or investigations, minimizing penalties or sanctions related to non-compliance findings.
Compliance Consultant
Wells Fargo Funds Management
07.2015 - 11.2021
- Developed firm's Code of Ethics, ensuring employee adherence to conduct policies and compliance with applicable laws and regulations
- Designed strategies and systems for tracking and monitoring regulatory requirements, internal policies, and procedures to minimize the risk of non-compliance
- Analyzed trading reports to detect exceptions, warnings, or patterns, while identifying violations and reinforcing a culture of ethical conduct
- Provided comprehensive training on relevant laws, regulations, and company policies to uphold a standard of integrity within the organization
- Oversaw employee personal trading activities, ensuring compliance with both internal policies and external regulations to prevent conflicts of interest
- Supervised coding of COE requirements, dependent feeds, and databases, ensuring accuracy and integrity of compliance monitoring systems
- Implemented strategies to minimize risks associated with non-compliance, reinforcing the firm's commitment to ethical practices
- Validated data accuracy and alignment by coordinating with all relevant brokers, confirming accurate reporting of account and trade information
Regulatory Compliance Specialist
Pioneer Investment Management
12.2009 - 07.2015
- Conducted compliance monitoring, testing, and reporting for employee personal trading activities in adherence to Rule 17j-1 of the Investment Company Act of 1940 and 204(a)-1 of the Investment Advisers Act of 1940, ensuring alignment with company policies
- Researched regulations and devised strategies to balance legal compliance with business goals
- Fostered cross-departmental collaboration to strategize risk mitigation efforts for potential non-compliance scenarios
- Maintained up-to-date knowledge of evolving rules and regulations relevant to personal trading and investment advisory, including the Investment Adviser Act of 1940 (17j-1 and 204A-1) and the Securities Exchange Act of 1933 and 1934
- Enhanced firm's adherence to legal and regulatory standards by developing and updating compliance procedures through thorough risk assessments
- Conducted rigorous testing of business rules to verify adherence to the Code of Ethics Policy while identifying and researching exceptions
- Instrumental in developing solutions for regulatory compliance to effectively support business objectives without compromising legal integrity
Senior Compliance Analyst
Pioneer Investment Management
06.2004 - 12.2009
- Arranged comprehensive testing to assess processes, refine test scripts, and interpret outcomes for enhancing risk management protocols while providing insights and strategies for reducing conduct risk
- Performed diligent post-trade reviews and monitoring, detecting trends and patterns indicative of potential risks
Compliance Analyst/Web Developer
Deutsche Asset & Wealth Management
01.1999 - 06.2009
- Assessed company policies for compliance with industry best practices and identified potential risk areas while developing and implementing strategies to mitigate risks, ensuring adherence to regulatory standards, and staying abreast of the latest compliance procedures and regulatory changes
Compliance Administrator
Zurich Scudder Investments
01.1992 - 01.1999
- Assessed marketing & advertising materials and ensured adherence to NASD/FINRA regulations and facilitated the development and implementation of an online centralized sales and marketing literature filing system (MARS), enhancing operational efficiency
Correspondence Assistant
Scudder Investor Services, Inc.
01.1987 - 01.1992
- Processed financial transactions for 20 U.S Mutual funds, including bill processing, check issuance, and journal entry preparation while employing DST Systems to retrieve shareholder information and record redemption requests
- Addressed shareholder inquiries concerning account details, facilitating seamless communication through extensive customer service background
Bartender (part-time)
Westin Hotel
Boston, MA
01.2000 - 12.2023
- Prepared and served alcoholic and non-alcoholic beverages based on customer requests
- Interacted with customers, took orders, and served snacks and drinks
- Assessed customers' needs and preferences and make recommendations
- Handled cash, credit, and debit card transactions accurately
Coatroom Attendant (part-time)
Westin Hotel
01.2000 - 12.2023
- Provided excellent customer service and addressed any customer concerns
- Received, tagged and stored guests’ personal belongings
- Handled cash transactions and issued tickets for coat check services
- Maintained accurate records of checked-in items and corresponding tickets
Education
Associate of Science - Business Administration
Northeastern University
Boston, MA01.2015
Webmaster Technology of Professional - Web Development
Northeastern University
Boston, MA01.2011
Skills
- Documentation skills
- Reporting skills
- Corrective action plans
- Corrective Actions
- Regulatory understanding
- Regulatory knowledge
- Training delivery
- Compliance understanding
- Due diligence
- Internal Auditing
- Operations Support
- Paperless environments
- Compliance protocols
Regulatory Compliance
Risk Assessment & Mitigation
Strategic Planning & Research
Customer Service
Process Monitoring & Data Analysis
Policy Development
Compliance Training
Cross-Collaborative Communication
Time Management
Organizational skills
Database Management
SharePoint
Zoom
Skype
Computer skills
Dropbox, MS Office (Word, Excel, PowerPoint), Adobe Acrobat, Cash Management, Adaptability,
Critical Thinking, Team Work, Collaboration, Problem-Solving, Emotional Intelligence, Adaptability and Flexibility, Team building, Data Entry, Regulatory expertise, Documentation Review
Legal Research, Policy analysis, Compliance Monitoring
Data privacy, Internal Controls, Ethics management,
Sanctions compliance
- Teamwork and Collaboration
- Attention to Detail
- Problem-solving abilities
- Multitasking
- Reliability
- Excellent Communication
- Organizational Skills
- Team Collaboration
- Active Listening
- Effective Communication
- Decision-Making
- Relationship Building
- Task Prioritization
- Self Motivation
- Risk Identification
- Interpersonal Skills
- Conflict Resolution
- Training and Development
- Goal Setting
- Risk Assessment
- Professionalism
- Document Review
- Interpersonal Communication
- Quality Control
- Time management abilities
- Compliance Reporting
- Conflict Management
- Activity monitoring
- Data Analysis
- Records Management
- Professional Demeanor
- Problem-solving aptitude
- Powerpoint Presentations
Certification
Northeastern University, Boston, MA, Webmaster Technology of Professional/Web Development
Timeline
Senior Compliance Associate
Allspring Global Investments
11.2021 - 03.2024
Compliance Consultant
Wells Fargo Funds Management
07.2015 - 11.2021
Regulatory Compliance Specialist
Pioneer Investment Management
12.2009 - 07.2015
Senior Compliance Analyst
Pioneer Investment Management
06.2004 - 12.2009
Bartender (part-time)
Westin Hotel
01.2000 - 12.2023
Coatroom Attendant (part-time)
Westin Hotel
01.2000 - 12.2023
Compliance Analyst/Web Developer
Deutsche Asset & Wealth Management
01.1999 - 06.2009
Compliance Administrator
Zurich Scudder Investments
01.1992 - 01.1999
Correspondence Assistant
Scudder Investor Services, Inc.
01.1987 - 01.1992
Northeastern University, Boston, MA, Webmaster Technology of Professional/Web Development
Associate of Science - Business Administration
Northeastern University
Webmaster Technology of Professional - Web Development
Northeastern University
Similar Profiles
Kathleen DuttonKathleen Dutton
Global Head of Human Resources at Allspring Global Investments (Divested from Wells Capital Management-2021)Global Head of Human Resources at Allspring Global Investments (Divested from Wells Capital Management-2021)
Jay O'BrienJay O'Brien
Regional Director at ALLSPRING GLOBAL INVESTMENTSRegional Director at ALLSPRING GLOBAL INVESTMENTS
Brian KrumBrian Krum
Senior Research Analyst at Allspring Global InvestmentsSenior Research Analyst at Allspring Global Investments