William Paul Cantu
Mission
Summary
Dynamic Chief Compliance & Development Officer with a proven track record at Texas Money Exchange, driving $700M in annual revenue through innovative payment solutions. Expert in regulatory compliance and KYC processes, fostering stakeholder relationships while transforming audit ratings. Adept at financial analysis and leading high-performance teams to achieve compliance excellence.
Overview
35
35
years of professional experience
1
1
Certification
Work History
Chief Compliance & Development Officer
Texas Money Exchange/Texas G&S Investments,Inc.
McAllen
01.1991 - Current
- Co-founded a Money Transmitter in Texas and Mexico, managing over $3B annually.
- Led multi-disciplinary teams to create and implement innovative payment solutions across Latin America and the United States.
- Managed over 30 compliance and accounting audits from Texas Department of Banking and independent auditors.
- Transformed organizational rating from 4 to 1 by overseeing remediation actions for audit findings across compliance, accounting, and information security.
- Ensured full regulatory compliance with FinCEN, FFIEC, IRS Title 31, and Texas Department of Banking covering KYC, CDD, EDD, OFAC, onboarding, and transaction monitoring.
- Supervised over 120 employees across various functions, promoting a high-performance culture focused on compliance excellence.
- Co-developed an in-house KYC monitoring tool that processed over $15B in volume and more than 10M transactions.
- Drove $700M in annual revenue through new product lines and strategic partnerships with key Mexican MSBs.
- Developed strategies for expanding financial services in diverse markets.
- Collaborated with teams to enhance customer engagement and satisfaction.
- Analyzed market trends to identify new investment opportunities and risks.
- Managed relationships with stakeholders to foster partnerships and alliances.
- Conducted training sessions for staff on compliance and regulatory requirements.
- Facilitated workshops to improve client understanding of financial products.
- Researched economic indicators to support investment decision-making processes.
- Coordinated community outreach programs to promote financial literacy initiatives.
- Participated in regular meetings with senior management team to discuss progress.
- Created marketing materials such as brochures, newsletters, press releases.
- Provided guidance and training to staff members on development activities.
- Assisted in developing proposals for new projects, programs, and initiatives.
- Assisted in preparing annual budgets and monitored expenses throughout the year.
- Analyzed data trends related to giving patterns among current and prospective donors.
Owner/Founder
Computer Concepts
McAllen
07.1990 - 07.2004
- Provide corporate wide area network and hardware solutions / key results / high level summary. I like ending bullet points with periods vs without.
- Provided HIPPA Compliant Medical Practice Management and Electronic Billing solutions.
- Software development services for USA and Mexico Customs Brokers, Medical Industry and Accounting Firms
Education
Associates of Science - Industrial Data Processing
Texas State Technical Institute
Harlingen, TX01.1985
Chemistry -
University of Texas-Pan American
Edinburg, TX01.1983
Skills
- Regulatory compliance
- KYC processes
- Audit management
- Financial analysis
- Payment solutions
- Stakeholder management
Certification
ACAMS
Websites
Timeline
Chief Compliance & Development Officer
Texas Money Exchange/Texas G&S Investments,Inc.
01.1991 - Current
Owner/Founder
Computer Concepts
07.1990 - 07.2004
Associates of Science - Industrial Data Processing
Texas State Technical Institute
Chemistry -
University of Texas-Pan American