Daniel Valdés Email & Phone Number

Build and lead a comprehensive, second-line Financial Crimes Compliance/Risk Management division to optimize productivity and efficiency while achieving sustainable cost savings;Lead strategic direction to a national team of ~100 staff across various second-line risk management functions; establish clear goals, provide performance feedback, promote transparency, and recognize accomplishmentsDesign and execute methodology for technology-driven risk governance methodology; identify and adopt solutions to increase efficiency by 20% and exercise due diligence to ascertain adherence with applicable regulationsEstablished an evolved model of an integrated Financial Crimes Compliance organization; achieved 36% reduction of alerts for false-positive fraud transactions, a 15% increase in fraud team productivity, and 100% account quality assurance

Miami, Florida

Spearheaded the development and maintenance of a cost-savings plan throughout the second-line, risk management functions; aligned the risk management framework with the strategic needs of the organization; achieved a cost-savings of 11% at a multi-million-dollar valueSupported the bank’s compliance-focused initiatives; oversaw growth of loans and deposits as well as client experiencePartnered with the OCC to effectively manage regulatory challenges of a rapidly growing mid-sized bank; deconstructed and rebuilt a more efficient and scalable solution; resolved BSA-related MRA within 6 months of joining the bankCreated and directed an integrated, front-line risk management function team of ~30 risk managers; coached and mentored to identify and address risks using a balanced “risk/reward” mindset; cultivated a solutions-driven, risk management culture of pro-active decision-making; attained greater visibility into potential risks to the bank

Acted as advisor to senior leaders throughout the Global International Personal Banking (IPB) organization including Latin America, Europe, and APAC markets; managed customer onboarding and the AML investigation process for existing clients; determined potential AML roadblocks and recommended strategies to resolve risks; achieved faster inquiry closures and fewer exceptionsCollaborated with Regional AML and Sanction Partners to create strategic plans; initiated processes related to the global implementation of Citi’s AML and OFAC risk frameworkServed as the AML Compliance Officer for Citi International Financial Services; ensured that CIFS (Citi Int. Financial Services) adhered to Citigroup’s AML Policy/Program and fulfilled obligations for AML regulationsDesigned and launched monitoring controls to effectively mitigate the AML risks; optimized processes related to customer onboarding, AML investigations, training, new product assessments, and regulatory developmentFormulated, executed, and maintained a comprehensive Global IPB AML training program; educated Citi teams on how to comply with the AML Program and regulations; established governance for thousands of Citi employees across the Global IPB organization; improved team understanding of program and policies

Conducted a comprehensive compliance review project to ascertain adherence with internal policies and procedures and SEC requirements; provided data-driven recommendations to mitigate compliance risksDeveloped a compliance reporting process to identify areas that require enhancement to meet regulation standards/internal controls and alleviate financial service risksAdvised Compliance Officer on customer portfolio suitability reviews, which subsequently helped develop an innovative review methodology for the compliance team

Served as a business leader and senior management advisor to executive team; ensured proper controls were in place to safeguard the Miami office (LATAM Private Bank) from operating outside the firm’s prescribed risk toleranceOversaw comprehensive compliance reviews; identified risk vulnerabilities for both existing and prospective clientsConducted risk assessments of business structure and operations, client base, products and services, account suitability, and compliance awareness; aligned processes with the firm’s risk management commitments and goals

Led planning, management, and implementation of the Risk Management Program in Miami and company’s Latin American Private Banking network, including Banco Itaú Europa Bank & Trust in NassauTrained teams in domestic locations and throughout the South American Private Banking Network; taught courses related to BSA/AML Compliance, GLBA Compliance, and Non-Resident Tax Issues related to the W-8 BENServed as Graham-Leach-Bliley Act (GLBA) Officer and Regulatory Liaison; created and managed a successful cross-institutional GLBA Program that addressed pre-existing audit recommendations and ensured sustainability with respect to GLBA CompliancePlayed an integral role in new business acquisition initiatives and actively contributed to the development and roll-out of Itaú’s US broker-dealer business; managed new business development related activities and attended industry conferences such as FIBA