Clair David Email & Phone Number

Plano, Texas, United States

• In my current role, I analyze negative news and adverse media items, providing secondary reviews for all enhanced due diligence on money movements. I serve as a backup to the Chief Compliance Officer, managing core.
• Recommended and documented data logic to automate review/approval of account, margin, and option applications.
• Increased new account conversion ratio by 15%, improved onboarding efficiency, and reduced regulatory risk at no additional cost by reviewing CIP vendors' capabilities and requesting POCs from existing and new vendors.
• Streamlined new account processing and customer experience by identifying CIP vendor inefficiencies, selecting an alternative vendor, and collaborating on implementation into front-end and back-end systems.
• Executed new business rule logic with account onboarding vendor, decreasing manual account review by 80% through Straight-Through Processing (STP) adoption.
• Prevented asset loss of over $100K in the first quarter by optimizing the Anti-Money Laundering (AML) program through the integration of biometric identity verification.

Dallas-Fort Worth Metroplex

• In this position, I devised and revised policies and procedures to ensure alignment with regulatory standards while facilitating effective communication to support personnel. I assisted with internal investigations by.
• Enforced robust compliance frameworks by evaluating and testing the Firm's policies and procedures.
• Facilitated solicitation and sale of non-traded alternative investments and diversified the firm's product offerings by contributing to the amendment of the Firm's Form CMA.
• Established Associate Disclosures Team (ADT) to administer and examine associate disclosures in compliance with FINRA Rule 3200.

Plano, Texas, United States

• As a Client Onboarding Officer, I fostered a knowledgeable and skilled workforce by organizing comprehensive training sessions for team members. I directed all aspects of new client onboarding, ensuring compliance with.
• Boosted processing efficiency by reviewing and updating 300+ communication templates for new account onboarding.
• Acted as a first-level escalation point, team trainer, and subject matter expert for policy and procedure development, including creating a document matrix for Complex Entity training and principal reviews.

Dallas, Texas, United States

• During this tenure, I executed thorough suitability reviews for all new businesses, including brokerage accounts, advisory accounts, direct business accounts, 529 plans, and complex products such as annuities and.
• Raised operational efficiency by steering 45 independent advisors and affiliated staff for brokerage/advisory services.
• Maintained vigilant compliance posture within the financial services industry by serving as secondary review principal for all 529 plan transactions and overseeing the firm's options activity.
• Upheld firm quality and compliance standards by fostering advisor relationships through proactive communication and education on issue resolution and best practices.

Dallas, Texas, United States

• As a Compliance Analyst, I managed regulatory inquiries and audits for a self-clearing brokerage and RIA custodian within the FinTech industry, serving as the primary contact for broker-dealer and registered investment.
• Supported clearing firm regulatory reporting via FINRA Gateway, including short interest, blue sheets, and 4530 filings, while assisting with licensing and registration processes through WebCRD.
• Optimized client service experience by revamping the advertising review process and introducing a new tracking system via Schwab Compliance Technologies (SCT).
• Streamlined information sharing and task tracking within the compliance team and augmented overall department efficiency by establishing new procedures.
• Enabled prompt and accurate compliance reporting by addressing regulatory inquiries from state jurisdictions, SEC, FINRA, and the Department of Justice.

Dallas, Texas, United States

• In this role, I led a team of five Regulatory Principal Consultants (RPCs) in the review of various financial products, including brokerage accounts, advisory services, mutual funds, 529 plans, variable and.
• Developed a motivated workforce by elevating employee engagement within the team and Operations department.
• Served on the implementation team for Protegent Surveillance (ProSurv) in 2016, driving compliance surveillance efforts through ProSurv trade review oversight.
• Minimized NIGO rates and improved SLA processing time by approximately 20% through implementation of new workflows and procedures.

Dallas, Texas, United States

• In my previous position, I educated representatives and staff on suitability issues, policies, and procedures while promptly responding to service inquiries. I conducted trade surveillance and followed up on periodic.
• Administered operations for 75+ independent registered representatives, investment advisers, and non-registered staff in alignment with regulatory standards and firm policies.
• Led eight investigations into sales practices, culminating in the termination of three financial advisors and safeguarding the firm from potential regulatory enforcement actions.
• Acted as direct regulatory contact with FINRA, SEC, and State Securities boards on behalf of supervised advisors, addressing inquiries and audits.
• Contributed to risk mitigation strategies by consulting with Compliance on disciplinary actions, regulatory inquiries, and audit responses.