Soo Min Lee
New York,NY
Overview
11
11
years of professional experience
1
1
Certification
1
1
Language
Work History
STATE OF CALIFORNIA
Seoul
01.2003
- Office of Trade & Investment, Wrote California and Korea industry cluster reports and trade reports
- Researched and promoted trade opportunities between California companies in the Korean market.
Senior Project Manager
Chappuis Halder, BPCE, NATIXIS
Seoul
01.2018 - 01.2019
- Group BPCE, French Financial Group)
- Provided key supports for the installation of a new branch of Natixis (in preparation of license requirements (Securities/OTC Derivatives in trading & brokerage), serving as an assurance owner for complex cross-departmental reviews, analyzing reports & documentation findings, recommending remediation when needed
- Monitored and reviewed the licensing requirements based for banking activities, including required external & internal risk assessments, testing/documents coordination & communication for internal/external stakeholders
- Implemented project organization (KRIs & KPIs), gap analysis, target operating organization (decision governance / processes / systems / data / risks & controls)
- Provided key interpretation and application of Korean KYC issues/Data privacy & transfer regulations
Project Consultant
WallachBeth Capital LLC
New York, NY
04.2016 - 09.2016
- For updating Regulatory Compliance-owned policies and procedures, including assessing for current and new regulatory requirements, and implementing/remediating gaps in existing policies and procedures
Chief Compliance Officer/AML Officer
SAMSUNG SECURITIES AMERICA INC
New York
06.2009 - 06.2014
- Ensured that the compliance program satisfies applicable legal, regulatory and internal requirements by developing and evaluating and amending firm policies and procedures & compliance manuals
- In charge of managing record keeping and reporting requirements under the SEC Rules 17a-3 and 17a-4, CFTC Rule 1.31 & FINRA rule 4511 and managed IT vendors for the data retention and protection compliance
- Worked as regulatory relations officer representing the firm on regulatory and compliance matters with the U.S
- And foreign Financial Regulatory Authorities and regularly provided regulatory feedbacks to the management
- Worked closely with compliance and operation departments of major hedge funds and mutual funds on issues regarding Securities Act of 1933 & 1934, Regulation D and Investment Adviser Act of 1940
- Managed AML, BSA and OFAC compliance program by monitoring & documenting OFAC/FINCEN hit lists (FINCEN 314(a) & 314(b) and reported regularly to the DOT under the US Patriot Act, implementing the monitoring programs on OFAC, section 311 & section 314a of the USA Patriot Act as well as providing annual independent AML testing certifications, engaging in counter party risk management, KYC/CDD reviews
- Conducted periodic Mock FINRA exams & SEC compliance testing/monitoring and prepared 3130 reports for CEO’s Annual Certification of Compliance and Supervisory Processes for submission to the company BOD
- In charge of preparing & submission of regulatory filings to financial regulatory authorities (SEC, FINRA)
- Managed outside vendors by regularly monitoring their performances and certifying the review results
- Reviewed Prospectus for Chinese/Korean IPO deals and supervised the legal and regulatory aspects of roadshows as a selling group broker dealer
- Financial & Operational Principal (FINOP)
- Represented the firm on all operational & financial matters before SEC and FINRA and was responsible for preparation of monthly Financial and Operational Combined Uniform Single (FOCUS) report as well as other reports to FINRA & SEC such as 17H report
- Facilitated launching of new businesses of the firm (Chinese Products Business & US trading business)
- In charge of ensuring Firm’s net capital level meets its regulatory minimum requirements by calculating aggregated indebtedness and haircut loss and managed record keeping and reporting requirements under the SEC Rules 17a-3 and 17a-4
- Worked on successful integration of HK, London & Seoul affiliates regarding compliance & operation issues
- Regularly monitored and reported to Management on operational, legal, regulatory and financial risks status
- In-House Legal Counsel
- Drafted a firm wide regulatory policies & procedures to ensure effective monitoring & control over business
- Provided daily legal and business guidance to the management, sales & operations in all areas of business
- Reduced outside legal fees by effectively managing outside law firms and other vendors
- Reviewed and negotiated various technology sharing agreements with major U.S
- And European vendors
- Negotiated & reviewed Int’l Swaps & Derivatives Asso
- (ISDA) Master Agreement & schedules, Service Sharing Agreements, Soft Dollar Agreements & other contracts/agreements involving financial market
- Worked closely with outside counsels in settlement negotiations on employment discrimination cases
- Performed Due Diligence on Compliance with Federal and State Regulations especially for Investor Protection Regulations and other governance issues and ensured compliance with federal and state regulations especially on the SEC 15a-6 regulation and other state regulations
- Drafted and prepared various legal contracts and agreements such as memorandum analyzing relevant provisions of U.S
- Gramm-Leach-Bliley Act and its implication on the merger cases of major Korean banks
- Conducted & prepared comparative research memos on the US & Korean banking and financial regulations
- Conducted compliance/laws and regulatory training for employees
Chief Compliance Officer/Risk Controller
NH (Formerly LG & Woori) INV, SEC. AMERICA, INC
New York
04.2005 - 06.2009
- Prepared and updated the firm’s compliance policies and procedures, including Written Supervisory Procedures, AML programs, and Business Continuity Plan
- Worked closely with outside law firms and external audit firms in preparing regulatory filings and submissions
- In charge of Anti-Money Laundering and Customer Identification Programs by having annual testing and certification program and updating/maintaining proprietary database of clients and regulatory filings and information meeting KYC and CDD standards
- Function as a regulatory relationships manager providing communications results to the management
- Managed various regulatory audits from FINRA, KPMG and Deloitte with “No Exemptions Found” results
- Conduct periodic compliance testing & monitoring including the firm’s AML Program by an independent 3rd party & prepared Rule 3130 reports for CEO’s Annual Certification of Compliance & Supervisory Processes and submitted them to the firm’s BOD
- Managed the registration and licensing filings of the firm and individuals via electronic Web CRD filings
- FINOP (Financial and Operational Principal)
- Prepared Business plans & monthly, quarterly and annual financial statements such as B/S & I/S
- In charge of successful completion of financial audits and preparation of tax reports, Account opening, confirmation, settlement, wires, and reconciliation of transactions for the firm and customer accounts & supervised staff in closing monthly books
- Managed outside vendors including tech consulting firms, clearing firms and other service providers
- Oversaw the firm’s operations, including budget management, the analysis of sales & expenses, and the generation of future performance projections and reporting the results to the senior management
- Managed sales performance calculations & individual P&L analysis including commissions processing
Education
Master of Law - International Business Law, l Finance & Tax Law
Georgetown University Law Center
AICPA Accredited) - undefined
Institute of Management Accountants, School of International Studies, Ewha Woman’s University
Master of International Business - undefined
LL.B - undefined
University of Newcastle
J.D - undefined
College of Law, Ewha Woman’s University, Seoul
Fintech Law & Policies - undefined
Duke University, Princeton University, University of Pennsylvania
CAMS class certificate - undefined
Skills
Computer SkillsLexis/Nexis, Thompson Reuters, Sales Force, Google Docs, Share point, MS Office, Peachtree, QuarkXPress, Relativity, SPSS, Westlaw, etc
Certification
Certificate of Conflict Management Workshop: Conflict Management Group, Harvard Law School, MA
Additional Information
- LICENSES & QUALIFICATIONS , U.S. Attorney, BAR Admission: New York (Active), ACAMS member Financial Industry Regulatory Authority, Inc. (FINRA) LICENSES (Lapsed in Sept 2018): Series 7 (Registered Representative), Series 24 (Registered Principal), Series 28 (Registered Financial & Operational Principal)
Timeline
Senior Project Manager
Chappuis Halder, BPCE, NATIXIS
01.2018 - 01.2019
Project Consultant
WallachBeth Capital LLC
04.2016 - 09.2016
Chief Compliance Officer/AML Officer
SAMSUNG SECURITIES AMERICA INC
06.2009 - 06.2014
Chief Compliance Officer/Risk Controller
NH (Formerly LG & Woori) INV, SEC. AMERICA, INC
04.2005 - 06.2009
STATE OF CALIFORNIA
01.2003
Master of Law - International Business Law, l Finance & Tax Law
Georgetown University Law Center
AICPA Accredited) - undefined
Institute of Management Accountants, School of International Studies, Ewha Woman’s University
Master of International Business - undefined
LL.B - undefined
University of Newcastle
J.D - undefined
College of Law, Ewha Woman’s University, Seoul
Fintech Law & Policies - undefined
Duke University, Princeton University, University of Pennsylvania