Christopher Dilernia Email & Phone Number

Smithtown, Ny, Us

New York, New York, United States

Directed the First Line of Defense of the Bank’s Wealth Management Group which included the Broker-Dealer, Private Bank, and Trust/Fiduciary Business, directly reporting to the President/CEO of Broker-Dealer. As Manager of a team of 18 risk and compliance professionals, main responsibilities and achievements included:• Oversight of customer onboarding process and ongoing compliance with Bank Secrecy Act/Anti-Money Laundering Requirements.• Successfully implemented a new client onboarding tool designed to meet BSA/AML requirements while maintaining a positive client onboarding experience.• Established an enhanced Risk and Control Self-Assessment (RCSA) methodology utilizing a new application which streamlined the process, increased usage of data, and minimized impact to the business.• Oversaw the execution of RCSAs including assessments of operational and compliance risk.• Key member of several Senior Management committees including the Internal Controls and BSA Committees.• Managed regulatory compliance monitoring, developed annual plans, and incorporated results into the RCSA process which improved the efficiency of the assessments.• Reviewed and accepted findings from auditors/risk/compliance/regulators, as well as remediation monitoring and status reporting.• Set the standard across the Bank for findings remediation management with consistent on-time findings submissions and zero rejections from issuers.• Oversaw Broker-Dealer Supervision Team which was responsible for ensuring compliance with FINRA rules.• Monitored employees’ adherence to Code of Ethics standards, Bank Policies, and Regulations.• Prepared and delivered executive-level reporting to demonstrate the overall effectiveness of the 1st Line of Defense.• Ensured Group policy/procedure alignment with Bank policy and regulations by establishing effective tracking procedures.• Recruited and developed team members, established individual and team goals, and evaluated performance.

San Ramon, California

Supervised integrated audits of the Bank’s various business lines with a focus on wealth management products and services. Additional responsibilities and achievements included:• As the Head of Assignment, supervised all staff participating in the audit assignment which involved assigning work, reviewing work papers, providing performance feedback, and ensuring high quality of work.• Managed scoping audit assignments by identifying and assessing the key processes, risks, and controls and understanding the main regulatory requirements associated with the business.• Assessed control environment for compliance with Bank policy and applicable U.S. laws and regulations.• Prepare audit reports to communicate results to Executive Management, the Audit Committee, and the Bank’s regulators.• Performed periodic risk assessments to analyze the various risks associated with each business unit.• Worked with bank’s regulators to ensure their clear understanding of the audit methodology, scope, and results.• Directly managed five employees and was responsible for conducting performance reviews and individual development plans. Participated in recruiting, interviewing, and evaluating prospective employees.• Successfully implemented a risk-based audit approach to Trust audits, which led to more comprehensive and efficient audits.• Demonstrated significant improvement in results of FDIC examination of audit work.• Completed the Bank’s Leadership Development Program.

San Francisco

Member of the department’s Leadership Team. Responsible for oversight of the San Francisco audit team and accountable for business relationship management. Main responsibilities included:• Supervised regional and global audits of BlackRock’s investment products and operations such as Securities Lending, Cash Management, Model-based Equity and Fixed Income, Hedge Fund Products, Counterparty Credit Risk, Proxy Voting, Vendor Management, Anti-Money Laundering, and ERISA/OCC Compliance.• Ensured on-time audit execution and prepared executive-ready reports to communicate results with business stakeholders and the Audit Committee.• Reviewed work papers, provided performance feedback, and ensured the quality of work meets department standards and regulator expectations.• Prepared annual risk assessments to analyze the inherent, control and residual risk of auditable entities, which served as an input into the annual audit plan.• Helped regulators understand the work paper application, audit methodology, and audit reports.• Recruited, interviewed, and evaluated prospective employees.• Worked closely with the firm’s regulators to increase reliance on the Internal Audit Department’s work and minimize impact on the business.• Key contributor in Audit Department rated as “Strong” by the Office of the Comptroller of the Currency (OCC).

San Francisco

Was responsible for completing risk-based cyclical audits in various areas including Corporate Tax, Property Accounting, Lease Administration and Corporate Accounting.Also responsible for enterprise-wide SOX internal control testing.

New York, San Francicso, Los Angeles

Held various positions of increasing responsibility for the parent company and subsidiaries. Started as a Tax Accountant for the parent company preparing corporate tax returns.Became a Division Controller for several divisions of a subsidiary, responsible for the completion of monthly financial statements.Then became Controller for a subsidiary and was responsible for all aspects of accounting.

New York

Conducted municipal audits of school districts, public libraries, and fire districts in New York and prepared financial statements upon completion of the audits.Prepared individual and small business tax returns.