Frank Richards Email & Phone Number

Helsinki, Fi

New York, Ny, Us

Supervise staff of six in performing financial, operational, information technology and compliance audits including, Student Lending Xpress, Jacksonville Shared Service Organization, Xpress Loan Servicing, Small Business Loans and Joint VenturesPerform BSA/AML audit of CIT Bank including 314(a) Information Sharing , Training and Education, Suspicious Activity Reporting, Funds Transfer - Recordkeeping, OFACPerform operational audits of CIT Bank including disbursements, Financial Reporting and Analysis, Regulatory Reporting, Credit Process and Delinquency, Account Reconciliation, Journal Entry and Business Continuity Plan Lead team auditing the restructuring and revaluing of the company assetsProvide direction to the scope and execution of work programsResponsible for resolution of all legal, regulatory, accounting, operational and compliance issues arising during the auditPrepare interim and annual performance evaluations and provide on-going coaching and feedback to staff as neededMaintain hands-on relationships with the Presidents and CFOs for six business unitsLead the Risk Assessment process for the Consumer and Vendor Finance segmentsMember of talent acquisition team to hire new employees at all levels for the entire departmentDevelop training path for staff to address deficiencies in skills

Dallas, Tx, Us

Lead full scope financial, operational and compliance audits including Government Solutions Quote to Cash, Sales Branch audit, Foreign Corrupt Practices Act audit, and contract reviews of Merrill Lynch and IBMParticipate in the annual risk assessment processCoordinate and perform SOX testing for Audit Services on the Business Division to ensure compliance with government regulationsCoordinate and perform the transfer of SOX walkthroughs to the Project Management Office

Dallas, Tx, Us

Prepared planning memos, audit plans, and final audit reports in conjunction with process auditsLed Consumer Services Disputes and Adjustments audit that included metrics analysis, quality assurance and fraud controls reviewPerformed Access Arbitrage audit that resulted in six million dollars annual savings

Participated in annual audit planning and risk assessment process; developed audit plan based on high risk areas within the Metro North divisionPerformed various operational, financial, and compliance audits including terminated employees review, procurement audits, MNR Cycle counts, and real estate audits of MTA tenantsSupervised and coordinated the activities of 14 revenue specialists in performing specific revenue compliance audits and investigationsPerformed fraud investigation of conductors and employees who have the authority to sell ticketsConducted review of investments to verify that held securities are in compliance with MTA's mandated investment strategyLed system review of Sungard software to confirm that interest and value of MTA investments are accurately calculated and represented, including investments in bonds, repos, and notesAudited call records of Verizon pay telephones located on MTA-owned property to ensure that rent is paid according to leasing agreementDeveloped and maintain a working relationship with the senior staff at MTA AgenciesSupervised a staff of 2 junior auditors