Robert K. Neuss
Sarasota
Summary
A highly competent Risk and Compliance Control professional with over 20 years of experience applying risk mitigation techniques in First and Third Lines of Defense, and oversight of risk management activities through the Second Line of Defense. Proven ability to rapidly analyze and resolve issues, drive forth organizational improvements, and implement best practices with consideration towards global implications. A solid history of building and maintaining successful business relationships, both internally and with external consultants and regulators.
Overview
28
28
years of professional experience
Work History
Senior Auditor -Specialist/Lead
ALLSPRING GLOBAL INVESTMENTS
08.2022 - Current
- Contribute to the execution of Audit engagements related to operational, compliance, regulatory and investment risks, through completion of control design assessments and control effectiveness testing via COSO Methodology.
- Review business line control inventory and determine potential control gaps through review of policies and procedures, and discussions with management.
- Identify and communicate observations and issues to business line partners as part of risk identification and mitigation.
- Execute issue validation to determine if business partners remediate prior issues.
Compliance Senior Associate
ALLSPRING GLOBAL INVESTMENTS
11.2021 - 08.2022
- Support multiple workstreams in the review and updating of business line control inventory, policies, and procedures for transition to new asset management firm.
- One of twelve individuals selected to assess and rate multiple Governance, Risk and Compliance systems for use across the firm.
- Execute timely completion of Compliance activity reviews across multiple business lines ensuring adherence to applicable regulations, policies, and procedures.
Compliance Senior Associate – Reporting and Administration Team
WELLS FARGO BANK
09.2018 - 11.2021
- Key member of team responsible for the build out of a new Quality Assurance/Quality Control program to provide oversight of Wells Fargo Asset Management front line compliance activities, as well as execution of risk-based compliance program activities to ensure regulatory compliance.
- Assisted Wells Fargo Asset Management business lines with the review of new and/or revised regulations, including the build out and credible challenge of the control environment to satisfy major regulatory requirements.
- Oversaw the timely tracking, completion, and reporting of a control remediation process for all Asset Management business lines associated with a Regulators Matter Requiring Attention (MRA).
- Reviewed monthly Key Risk Indicator reports, researched any breaches of Compliance boundary thresholds, and reported details to the Executive Reporting and Governance group.
Assistant Vice President – Compliance Risk Monitoring Team
STATE STREET CORPORATION
06.2018 - 09.2018
- Supported Risk Excellence through the execution of Monitoring and Surveillance activities via a standardized approach across multiple business units and regions, which contributed towards building a stronger foundation for the identification and closure of issues, gaps, and/or compliance breaches.
- Provided weekly Monitoring and Surveillance activity updates to the Global Compliance Risk Monitoring Team used for metrics reporting to Senior Management and the Board.
Assistant Vice President – AML Compliance Manager
STATE STREET CORPORATION
01.2015 - 06.2018
- Liaison/Advisor to multiple Investment Services business units and oversight of Trust Banks. Provided subject matter expertise, guidance and support for issues related to the Bank Secrecy Act/Anti-Money Laundering and OFAC/Sanctions Compliance.
- North American liaison for the AML Quality Assurance Implementation Team, responsible for ensuring all North American business units completed risk mapping and control validation tasks within specified deadlines.
- Enhanced the quality of Business Unit Monitoring and Surveillance activities and provided timely updates to Business Unit Compliance Managers used for senior management reporting.
Senior level AML Consultant / Contractor
STATE STREET CORPORATION
01.2014 - 01.2015
- Key member of KYC/AML Transformation Project team which created Current versus Target State Analysis for North America and Asia Pacific regions, and reviewed gap analyses with Regional Compliance personnel.
- Analyzed and consolidated large volumes of data for use by junior level contractors in a Know Your Customer (KYC) remediation project.
- Updated weekly Key Risk Indicator (KRI) report for submission to senior management as part of remediation exercise.
- Coordinated the submission and timely review of AML/KYC policies and procedures for an external consulting firm spearheading the KYC/AML Transformation Project.
Assistant Vice President – Global Markets AML Officer/Compliance Manager
STATE STREET CORPORATION
01.1999 - 01.2013
- Merged three business lines into one operational unit by streamlining client on-boarding processes, adhering to industry compliance regulations, and improving the skill set of the employee base.
- Key member of compliance team responsible for the successful implementation of a global monitoring and testing program. Assessed Risk and consolidated overlapping processes of multiple regulations to reduce touch time which increased operational efficiency.
- Primary contact and “point person” for division wide internal and external audits including drafting of management responses to audit comments.
- Successfully implemented a global client risk rating application system which prevented the organization from incurring regulatory fines and/or sanctions, and facilitated the training and education of risk rating application to global participants.
Senior Relationship Manager – Charitable Asset Management
STATE STREET CORPORATION
01.2004 - 01.2008
Auditor/ Senior Auditor
STATE STREET CORPORATION
01.1999 - 01.2004
Compliance Staff Auditor
FLEET FINANCIAL GROUP
01.1997 - 01.1999
Education
Bachelor of Science - Criminal Justice
SALEM STATE COLLEGE
Salem, MASkills
- Continuous improvement mindset
- Risk assessment
- Internal control evaluation
- Regulatory compliance
Timeline
Senior Auditor -Specialist/Lead
ALLSPRING GLOBAL INVESTMENTS
08.2022 - Current
Compliance Senior Associate
ALLSPRING GLOBAL INVESTMENTS
11.2021 - 08.2022
Compliance Senior Associate – Reporting and Administration Team
WELLS FARGO BANK
09.2018 - 11.2021
Assistant Vice President – Compliance Risk Monitoring Team
STATE STREET CORPORATION
06.2018 - 09.2018
Assistant Vice President – AML Compliance Manager
STATE STREET CORPORATION
01.2015 - 06.2018
Senior level AML Consultant / Contractor
STATE STREET CORPORATION
01.2014 - 01.2015
Senior Relationship Manager – Charitable Asset Management
STATE STREET CORPORATION
01.2004 - 01.2008
Assistant Vice President – Global Markets AML Officer/Compliance Manager
STATE STREET CORPORATION
01.1999 - 01.2013
Auditor/ Senior Auditor
STATE STREET CORPORATION
01.1999 - 01.2004
Compliance Staff Auditor
FLEET FINANCIAL GROUP
01.1997 - 01.1999
Bachelor of Science - Criminal Justice
SALEM STATE COLLEGE
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