Team member and Subject Matter Expert leading PNC's Basel 2/2.5/3 Program's Challenge, Qualification and other Compliance processes

As part of the Basel II Executive Program Management Office, I monitor and communicate regulatory, political and strategic developments concerning Basel II both domestically and internationally to influence the U.S. rules. Chaired the Basel II Technical Requirements Team, providing advice with respect to technical requirements for rulemaking proposals, qualification requirements and enterprise wide implementation plans. Coordinated Wachovia’s successful participation in Fall 2007 OCC/FRB IRB Horizontal review of 6 largest banks’ Retail and Wholesale Credit Risk IRB infrastructures. Quality of exam coordination specifically praised over peer banks. Managing Editor, Basel II Compliance Approach Narrative, 180+page cornerstone of Wachovia’s regulatory compliance approach to Basel II implementation, and advisor in developing the broader Implementation Plan Oversee Basel II Qualification Processes, including review and approval of Program and Project documentation demonstrating satisfaction of regulatory requirements Managed submission of three comment letters with the U.S. federal banking regulators regarding the Basel II NPR, the Basel II 2007 Supervisory Guidance and the Market Risk NPR, and all related communications with the CRO, CFO, Exec. Steering Committee, LOB SMEs, and other constituents throughout the organization

Consultant on all U.S. and international regulatory matters. Directed over 20 professionals in London, Hong Kong, Shanghai, Philadelphia, New York and Charlotte responsible for overall compliance and regulatory risk management for GCIB’s overseas activities and full coverage of key GCIB businesses. Accomplishments included:  Built CIB’s Equity Derivatives business including UK broker dealer, coordinated regulatory approvals by U.S. Federal Reserve and UK Financial Services Authority; ensured successful regulatory exams and audits of the business in both countries Built Street-Savvy, Proactive Equity Derivatives Compliance Team, partnering with New Leaders to Take the Business to a New Level Saved Principal Investing & Merchant Banking Business after Highly Critical Regulatory Exam  Successfully Managed Sensitive Regulatory Examinations & Internal Investigations. Examinations included: Regulatory examinations of Equity Derivatives activities (including Bank Hedging activities)  Crucial FRB/OCC exams of Principal Investing and Merchant Banking businesses FSA Conduct of Business examinations and ARROW reviews of London activities FSA/OCC AML exams of London Bank Branch and Broker-Dealer Sustained scrutiny of International Correspondent Banking and Embassy Banking Critical FRB/OCC exam of corporate-wide compliance with Federal Reserve Act Sections 23A/B FRB Edge Act exams of several international businesses and initiatives As advocate and risk escalator – coordinated Compliance for CIB’s European and Asian expansion Protected International Division’s Business Franchise in the face of unprecedented, sustained scrutiny of Anti-Money Laundering and Anti-Terrorist Financing Controls after 9/11/2001. Enhanced AML/KYC compliance program praised by regulators and external auditors enabled acquisition of Union Bank of California (nearly doubling the business) and sale of Embassy Banking to HSBC.

Responsible for providing securities and bank regulatory, corporate finance and commercial legal advice covering a broad range of activities and transactions, such as 1) Conflicts Management Process – principal attorney creating and monitoring deal teams and information barriers to manage and avoid potential conflicts of interest arising from M&A transactions and related financing.2) Securities and Broker-Dealer Regulatory Matters – securitizations, investment banking, underwriting, trading, research and sales, compliance, operations and technology issues; managed sensitive customer derivatives complaints to avoid costly litigation; strategic acquisitions; internal investigations; political contributions and campaign finance laws.3) Bank Regulatory Matters – principal counsel on Federal Reserve Section 20 application for debt/equity powers and related infrastructure projects; advised on Glass-Steagall, firewalls, tying, equity investments and affiliate transactions.

1) Principal attorney for technology and vendor matters, including negotiating and implementing a multibillion-dollar corporate-wide mainframe computer and telecommunications outsourcing agreement.2) Strategic involvement in governance of FDIC-owned $6.2 billion former First RepublicBank bad loan pool.3) Legal member of project teams for all of the Bank’s more than 20 acquisitions of failing banks and thrifts from the FDIC and RTC.4) Established and managed first self testing compliance function for multibank holding company’s municipal and government securities dealer, investment portfolio and funds management activities (including broker-dealer affiliates), investment banking and capital markets activities, such as loan syndications and derivatives. Compliance program praised by Chief Internal Auditor and the OCC.