Douglas Kerr Email & Phone Number

American Fork, Ut, Us

Provo, Utah, United States

Directed regulatory and operational audits and conducted comprehensive annual risk assessments. Developed and implemented fraud strategies, developed and maintained policies and procedures. Managed compliance program and ensured control framework operated effectively.

Greater Salt Lake City Area

I spearheaded the establishment and growth of the compliance department, ensuring alignment with company goals and objectives. Managing all FCC regulatory requirements, I oversaw external audits and investigations to ensure full compliance at all times. Identifying and addressing potential areas of compliance vulnerability and risk, I developed and implemented proactive plans to mitigate these risks. Providing extensive companywide and departmental compliance training, I ensured all employees were aware of regulations and best practices. I conducted thorough investigations into suspected fraudulent activities, developed and maintained comprehensive companywide policies and procedures, and managed compliance teams responsible for customer registration, internal audits, and assessments, ensuring thorough and effective compliance measures. I designed and implemented processes for evaluating and resolving non-compliance issues swiftly and effectively, and maintained and managed the internal audit program, conducting rigorous tests and audits and reporting findings to relevant stakeholders. Additionally, I developed ongoing reporting for senior leadership and the board regarding misconduct and risk.

Salt Lake City

I led the development and implementation of a comprehensive Risk Management plan for the Bank, integrating BSA, CRA, HMDA, Fraud, OFAC, BCP, and GLBA components. This ensured that the bank's operations were in compliance with all relevant regulations and guidelines. I also prepared and delivered monthly internal audit and compliance reports to the board of directors, providing key insights and recommendations for improvement. Additionally, I initiated, executed, and maintained a dynamic internal audit plan, ensuring comprehensive coverage of all risk areas. Managing the bank's compliance training program, I ensured that all employees were well-versed in regulatory requirements. I also supervised all BSA activities, including filing SARS to FinCen, and collaborated closely with government regulatory agencies such as FDIC and UDFI during external examinations, facilitating a smooth and compliant examination process.

Salt Lake City

Ba

Mba, International Business

Masters in International Business